Procter & Gamble Company(PG) has been busy with various business activities as seen recently. A number of investors and asset management firms, such as Hamlin Capital Management LLC, Koshinski Asset Management Inc, Equitable Trust Co and Mather Group LLC among others, have either bought or increased their stakes in the company. However, others like Nordea Investment Management AB and Interchange Capital Partners LLC have trimmed down their holdings. The firm's shares also seem to be a popular choice among legislators with Rep. Tim Moore recently selling off his shares of the consumer goods giant while Rep. David Taylor purchased some. Amid mixed market opinions and a year-long steady decline in valuation, Jim Cramer, renowned host of CNBC's Mad Money, had mixed views stating \"It’s just not great\" and also that PG \"may blow numbers away.\" His highlight was a planned cut of 7000 jobs over two years to streamline the company for growth. Despite a fall in expected Q1 earnings and a sluggish consumer demand, PG maintained its dividend commitment and continues to be part of recession-proof dividend portfolios. The company has declared a quarterly dividend of $1.06 suggesting continued commitment to shareholder value. Last but not least, innovative tech-driven business transformations in PG show commitment to tackling global market volatility.
Procter Gamble Company PG News Analytics from Mon, 21 Apr 2025 07:00:00 GMT to Sat, 18 Oct 2025 10:30:15 GMT -
Rating -3
- Innovation -5
- Information 6
- Rumor -7
