Littlejohn Financial Services Inc. Invests $2.27 Million in Procter & Gamble Company (The) $PG

Littlejohn Financial Services Inc. acquired a new stake in Procter & Gamble Company (The) (NYSE:PGFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,683 shares of the company’s stock, valued at approximately $2,265,000. Procter & Gamble makes up approximately 1.7% of Littlejohn Financial Services Inc.’s portfolio, making the stock its 25th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Next Level Private LLC purchased a new position in Procter & Gamble during the 1st quarter valued at about $200,000. Three Magnolias Financial Advisors LLC lifted its position in shares of Procter & Gamble by 14.8% in the 1st quarter. Three Magnolias Financial Advisors LLC now owns 2,193 shares of the company’s stock worth $317,000 after purchasing an additional 283 shares during the period. Continuum Advisory LLC lifted its position in shares of Procter & Gamble by 22.3% in the 1st quarter. Continuum Advisory LLC now owns 15,251 shares of the company’s stock worth $2,203,000 after purchasing an additional 2,785 shares during the period. McLean Asset Management Corp boosted its stake in shares of Procter & Gamble by 15.1% during the first quarter. McLean Asset Management Corp now owns 2,068 shares of the company’s stock valued at $299,000 after purchasing an additional 271 shares in the last quarter. Finally, Apollon Financial LLC increased its holdings in Procter & Gamble by 7.6% during the first quarter. Apollon Financial LLC now owns 2,389 shares of the company’s stock valued at $345,000 after buying an additional 169 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on PG shares. Barclays lowered their target price on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Evercore set a $162.00 price target on Procter & Gamble in a report on Monday, April 27th. Royal Bank Of Canada reduced their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a research note on Monday, April 27th. Finally, Bank of America cut their target price on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Eleven analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $161.00.

Check Out Our Latest Report on Procter & Gamble

Procter & Gamble Price Performance

NYSE PG opened at $149.49 on Monday. The firm’s fifty day simple moving average is $145.94 and its two-hundred day simple moving average is $148.01. The firm has a market capitalization of $348.11 billion, a P/E ratio of 21.86, a P/E/G ratio of 6.48 and a beta of 0.39. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings data on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. The firm had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Procter & Gamble News Summary

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

Procter & Gamble Company 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.

Featured Stories

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

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