Procter & Gamble Company (The) $PG Shares Acquired by Assenagon Asset Management S. A.
Assenagon Asset Management S. A. lifted its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 47. 3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,009,845 shares of the company's stock after buyi
Assenagon Asset Management S. A. lifted its stake in Procter & Gamble Company (The) (NYSE:PG-Free Report) by 47. 3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,009,845 shares of the company's stock after buying an additional 966,326 shares during the period. Procter & Gamble makes up 0. 6% of Assenagon Asset Management S. A. 's investment portfolio, making the stock its 27th largest holding. Assenagon Asset Management S. A. owned about 0. 13% of Procter & Gamble worth $441,364,000 as of its most recent filing with the Securities and Exchange Commission (SEC). GetProcter & Gamblealerts:Travelers Stock Surges 10% as Earnings Beat Reveals Underwriting DisciplineSeveral other hedge funds and other institutional investors have also recently bought and sold shares of PG. St. Louis Financial Planners Asset Management LLC boosted its stake in Procter & Gamble by 19. 7% in the second quarter. St. Louis Financial Planners Asset Management LLC now owns 30,930 shares of the company's stock valued at $4,683,000 after acquiring an additional 5,082 shares in the last quarter. 55 North Private Wealth LLC grew its holdings in shares of Procter & Gamble by 70. 8% during the second quarter. 55 North Private Wealth LLC now owns 4,228 shares of the company's stock worth $620,000 after purchasing an additional 1,752 shares during the last quarter. Evanson Financial LLC acquired a new stake in shares of Procter & Gamble during the second quarter worth about $1,378,000. Chapin Davis Inc. increased its position in shares of Procter & Gamble by 2. 0% during the second quarter. Chapin Davis Inc. now owns 24,253 shares of the company's stock worth $3,556,000 after purchasing an additional 483 shares in the last quarter. Finally, Fermata Advisors LLC lifted its holdings in shares of Procter & Gamble by 3. 8% in the 2nd quarter. Fermata Advisors LLC now owns 8,057 shares of the company's stock valued at $1,181,000 after purchasing an additional 292 shares during the last quarter. 65. 77% of the stock is currently owned by institutional investors and hedge funds. Analyst Upgrades and DowngradesA number of research analysts recently issued reports on the company. Weiss Ratingsrestated a "hold (c)" rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. Royal Bank Of Canada reduced their price objective on Procter & Gamble from $172. 00 to $167. 00 and set an "outperform" rating for the company in a research note on Thursday, April 9th. Barclays raised their target price on shares of Procter & Gamble from $146. 00 to $152. 00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 21st. BNP Paribas Exane cut their target price on shares of Procter & Gamble from $172. 00 to $165. 00 and set an "outperform" rating on the stock in a report on Thursday, April 23rd. Finally, Jefferies Financial Group increased their price target on shares of Procter & Gamble from $177. 00 to $179. 00 and gave the stock a "buy" rating in a research note on Friday, June 26th. Thirteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $161. 52. This Dividend ETF Choice Could Shape Your Income Strategy Through 2026Read Our Latest Report on Procter & GambleProcter & Gamble Stock Down 0. 0%PGopened at $146. 78 on Friday. The business has a 50 day moving average price of $147. 81 and a two-hundred day moving average price of $149. 00. The company has a quick ratio of 0. 47, a current ratio of 0. 68 and a debt-to-equity ratio of 0. 43. The company has a market cap of $341. 80 billion, a PE ratio of 22. 17, a P/E/G ratio of 4. 51 and a beta of 0. 39. Procter & Gamble Company has a 52 week low of $137. 62 and a 52 week high of $167. 25. 5 Dividend Kings to Buy in July with Irresistible Value and YieldProcter & Gamble (NYSE:PG-Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1. 43 earnings per share for the quarter, beating the consensus estimate of $1. 41 by $0. 02. The company had revenue of $21. 20 billion for the quarter, compared to the consensus estimate of $21. 38 billion. Procter & Gamble had a return on equity of 31. 36% and a net margin of 18. 44%. The company's revenue was up 1. 5% on a year-over-year basis. During the same period last year, the business posted $1. 48 EPS. Procter & Gamble has set its FY 2027 guidance at 6. 890-7. 110 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6. 99 EPS for the current year. Procter & Gamble Announces DividendThe company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be given a $1. 0885 dividend. This represents a $4. 35 dividend on an annualized basis and a yield of 3. 0%. The ex-dividend date is Friday, July 24th. Procter & Gamble's dividend payout ratio (DPR) is 65. 71%. Trending Headlines about Procter & GambleHere are the key news stories impacting Procter & Gamble this week:Positive Sentiment:Thorne acquisition expands growth opportunities. P&G agreed to acquire science-focused supplements company Thorne for approximately $3. 8 billion. The deal broadens PG’s health-care portfolio into vitamins, minerals and supplements, a faster-growing category that could diversify its traditional household and personal-care businesses. Procter & Gamble Agrees To Buy Thorne For $3. 8 BillionPositive Sentiment:Investors initially viewed the deal favorably. Market coverage described the acquisition as a reason PG stock moved higher, suggesting investors see strategic value in Thorne’s premium positioning and potential to support longer-term growth. A $3. 8 Billion Reason Why Procter & Gamble Stock Is in Focus TodayPositive Sentiment:Sustainability progress may support brand relationships. PureCycle Technologies reported that first P&G commercial resin deliveries began, with select Downy detergent caps entering commercial production. The development supports PG’s recycled-material goals and may help strengthen sustainability credentials, although the direct financial impact appears limited for now. PureCycle Technologies Reports Second Quarter 2026 ResultsNeutral Sentiment:Acquisition execution and valuation remain key questions. The $3. 8 billion purchase is sizable relative to P&G’s historical acquisitions, so investors will likely focus on the price paid, funding, integration and how quickly Thorne contributes to earnings. See how P&G's $3. 8B Deal for Thorne Compares With Its Past AcquisitionsAbout Procter & Gamble(Free Report)Procter & GambleNYSE: PGis 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. Further ReadingFive stocks we like better than Procter & GambleSandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is Falling4 Oil and Gas ETF Plays as Prices Stay Sky-HighWhat Tesla Stands to Lose If It Walks Away From ChinaDisney Sets Up for a Magical Year in 2027This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Continue following MarketBeatAdd MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in Procter & Gamble Right Now?Before you consider Procter & Gamble, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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