State of Michigan Retirement System Reduces Stake in Procter & Gamble Company (The) $PG

Posted by Francis Steltz on Jul 14th, 2026

State of Michigan Retirement System cut its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 0.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 625,037 shares of the company’s stock after selling 4,600 shares during the quarter. State of Michigan Retirement System’s holdings in Procter & Gamble were worth $90,280,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the period. Park Square Financial Group LLC lifted its position in Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares during the period. Evolution Wealth Management Inc. boosted its holdings in Procter & Gamble by 1,315.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after purchasing an additional 171 shares during the last quarter. Litman Gregory Wealth Management LLC acquired a new stake in Procter & Gamble during the 4th quarter worth about $26,000. Finally, Maseco LLP acquired a new stake in Procter & Gamble during the 4th quarter worth about $28,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

Shares of PG stock opened at $148.41 on Tuesday. The company has a market capitalization of $345.59 billion, a P/E ratio of 21.70, a P/E/G ratio of 6.26 and a beta of 0.39. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The business’s 50 day moving average is $146.60 and its two-hundred day moving average is $148.44. 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 (NYSE:PG – Get Free Report) last announced its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. During the same period in the prior year, the company posted $1.54 EPS. The business’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts expect that Procter & Gamble Company will post 6.89 EPS for the current fiscal year.

Wall Street Analyst Weigh In

PG has been the subject of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. UBS Group raised their target price on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a research report on Monday, April 27th. Evercore set a $162.00 price objective on Procter & Gamble in a research report on Monday, April 27th. Finally, Royal Bank Of Canada dropped their price objective on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research note on Thursday, April 9th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $161.42.

Check Out Our Latest Stock Analysis on Procter & Gamble

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.