Mirae Asset Global Investments Co. Ltd. Has $61.96 Million Position in Procter & Gamble Company (The) $PG

Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 12.5% during the 4th quarter, HoldingsChannel reports. The fund owned 432,330 shares of the company’s stock after acquiring an additional 47,898 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Procter & Gamble were worth $61,957,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its stake in Procter & Gamble by 0.6% in the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock valued at $36,050,992,000 after purchasing an additional 1,419,322 shares in the last quarter. State Street Corp raised its stake in shares of Procter & Gamble by 0.4% during the 3rd quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after purchasing an additional 370,872 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Procter & Gamble by 8.3% during the 3rd quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock valued at $3,510,955,000 after buying an additional 1,752,481 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Procter & Gamble by 1.2% in the 3rd quarter. Legal & General Group Plc now owns 16,556,061 shares of the company’s stock valued at $2,543,839,000 after buying an additional 189,968 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of Procter & Gamble by 0.4% in the 3rd quarter. Fisher Asset Management LLC now owns 11,008,454 shares of the company’s stock valued at $1,691,449,000 after buying an additional 40,941 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Procter & Gamble

In related news, CEO Gary A. Coombe sold 36,093 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the completion of the transaction, the chief executive officer owned 34,994 shares of the company’s stock, valued at approximately $5,680,576.02. The trade was a 50.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Susan Street Whaley sold 1,809 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the sale, the insider owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. The trade was a 5.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 348,618 shares of company stock valued at $55,462,643. 0.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PG has been the topic of several recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. Wells Fargo & Company dropped their price target on shares of Procter & Gamble from $177.00 to $158.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 8th. Barclays cut their price target on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a report on Tuesday. Bank of America decreased their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a report on Friday, April 10th. Finally, BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Twelve investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $163.16.

Check Out Our Latest Research Report on Procter & Gamble

Key Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

  • Positive Sentiment: P&G raised its quarterly dividend for the 70th straight year and plans ~$15 billion in shareholder returns for 2026 (roughly $10B dividends, $5B buybacks), supporting income-focused investor demand. Read More.
  • Positive Sentiment: Marketing/brand exposure boosted by a new multiyear NHL partnership in Canada, which can help top-line visibility for core consumer brands. Read More.
  • Positive Sentiment: Analyses argue the current pullback creates a buying opportunity: some models see ~10% upside and commentators highlight attractive yield (~3%) and cash flow metrics for long-term income investors. Read More.
  • Positive Sentiment: Near-term catalyst: analysts and market commentators say upcoming earnings could spark a rally if P&G posts a beat or issues a constructive guide. Read More.
  • Neutral Sentiment: Valuation debate: P&G trades near ~20–21x earnings in some takes — some see that as a fresh entry point, others argue it fairly prices modest growth ahead. This keeps sentiment mixed until fundamental data confirms a trend. Read More.
  • Neutral Sentiment: Industry comparisons and dividend roundups (P&G vs. Colgate, dividend lists) keep P&G in investor conversations but don’t change fundamentals immediately. Read More.
  • Neutral Sentiment: Note: an article about a Zefiro subsidiary named “P&G” outlines remediation contracts — this appears to be unrelated to Procter & Gamble and should not be conflated with PG operational news. Read More.
  • Negative Sentiment: Analyst pressure: Barclays cut its price target to $146, and other firms (RBC trimmed its target to $167) highlight modest growth expectations — analyst downgrades are weighing on sentiment. Read More.
  • Negative Sentiment: Market reaction: coverage noting the stock trading down on analyst downgrades and muted momentum underscores short-term weakness and investor caution. Read More.
  • Negative Sentiment: Fundamentals concern: several write-ups flag slowing organic sales growth (notably in Fabric & Family Care) and modest revenue growth, which limit upside absent margin or volume improvement. Read More.

Procter & Gamble Trading Down 0.2%

Shares of PG stock opened at $143.16 on Friday. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $171.65. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. The business’s 50 day moving average is $152.05 and its two-hundred day moving average is $149.01. The company has a market cap of $332.70 billion, a PE ratio of 21.21, a price-to-earnings-growth ratio of 5.52 and a beta of 0.41.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings data on Friday, January 23rd. The company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. Procter & Gamble’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.88 earnings per share. Equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be given a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, April 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio (DPR) is presently 62.67%.

Procter & Gamble Profile

(Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

Read More

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PGFree Report).

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.