Procter & Gamble (PG) serves nearly five billion people around the world with some of the most recognizable and successful brands includingCrest, Gillette, Pampers, Dawn, and Charmin in its vast portfolio. Based in Cincinnati, Ohio, with operations in 180 countries, Procter & Gamble is also the world’s largest advertiser.
The top shareholders of P&G are Vanguard, BlackRock, State Street Corporation, Jon R. Moeller, Shailesh Jejurikar, and Ma. Fatima D. Francisco.
P&G's market cap was about $400.11 billion as of the end of July 2024. The company's 12-month trailing revenue was $84.06 billion as of that time. Its 12-month trailing net income was $14.85 billion.
Key Takeaways
- Procter & Gamble (PG) is a multinational consumer goods corporation with operations in 180 countries.
- The largest shares of P&G stock are held by institutional investors and fund managers.
- The largest shareholders among individuals are company executives and board members who receive the stock in compensation.
- Jon R. Moeller is the largest individual shareholder of P&G stock. Vanguard is the largest institutional investor.
- Jon Moeller succeeded David Taylor to become President and CEO of Procter & Gamble on Nov. 1, 2021.
Top 3 Individual Insider Shareholders
This information only addresses direct ownership. It doesn't include indirect ownership of shares or shares accessible through stock options.
The term "insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock. It has nothing to do with insider trading in this context.
Jon R. Moeller
Jon R. Moeller owned 635,984 common shares of P&G stock as of July 2024 as well as 80,026 restricted shares.
Moeller became Procter & Gamble's President and Chief Executive Officer effective Nov. 1, 2021. Hejoined P&G in 1988 as a cost analyst and became the company’schief financial officer(CFO) in 2009. He also served as chief operating officer (COO) and the company's vice chair before succeeding David Taylor as President and CEO.
Moeller worked in almost every aspect of P&G with extensive experience in the China market and its global beauty care division. He has overseen the divestitures of Folgers, the company’s pharmaceutical operation, and the $12.5 billion merger of Coty (COTY).
Shailesh Jejurikar
Shailesh Jejurikar owned 507,864 common shares of P&G stock as of July 2024 as well as 13,751 restricted shares.
Jejurikar was appointed as P&G's global chief operating officer in July 2021, taking over when Jon Moeller succeeded David Taylor as President and CEO. Jekurikar served as chief executive officer of Procter & Gamble's largest business sector, Fabric and Home Care, before appointment as COO.
Ma. Fatima D. Francisco
Ma. Fatima D. Francisco owned 433,182 common shares of P&G stock and 6,134 restricted shares as of July 2024.
Francisco serves as chief executive officer of P&G Baby, Feminine and Family Care. She was also named to HP Inc.’s Board of Directors in June 2024. She’s been with P&G for 35 years. She’s the first Asian female Sector CEO to serve P&G in its 187-year history.
Top 3 Institutional Shareholders
Approximately 68% of P&G's shares are held by institutions.
Vanguard Group
Vanguard Group owned 9.49% of P&G's outstanding shares as of March 2024, holding 224.06 million shares.
Vanguard is owned by its funds and those who invest in them, not public shareholders. There were more than 50 million at the end of 2023. Vanguard has been in operation since 1975. It offers 423 funds worldwide.
BlackRock Inc.
BlackRock held 157.7 million P&G shares as of March 2024 representing 6.68% of shares outstanding.
BlackRock is a leading provider of risk management, advisory, and investment solutions and opportunities. It "employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments," according to Yahoo! Finance. BlackRock is publicly owned with a $129.38 intraday market cap as of the end of July 2024.
State Street Corporation
State Street held 4.34% of P&G's outstanding shares as of March 2024 with 102.37 million shares.
State Street has been providing financial services and investment products to institutional investors across the world since 1792. Its services include risk analytics and portfolio management.
What Is Procter & Gamble's Share Price?
Procter & Gamble was trading at about $160 on July 31, 2024. Its 52-week range is $141 to $170.
How Much Does Procter & Gamble Spend on Advertising?
Procter & Gamble reportedly spent about $8 billion on worldwide advertising in 2023. up from $7.9 billion in 2022 but down from $8.2 billion in 2021. This covers all its product lines.
How Often Does Procter & Gamble Pay Dividends?
Procter & Gamble pays dividends quarterly, typically on the 15th day of every third month. Dividends were paid on May 15, 2024 and will be paid on August 15, 2024.
The Bottom Line
Procter & Gamble maintains operations in 180 countries, providing well-known brands to nearly five billion consumers. These brands include Crest, Gillette, Pampers, Dawn, and Charmin. Its top shareholders are Vanguard, BlackRock, State Street Corporation, Jon R. Moeller, Shailesh Jejurikar, and Ma. Fatima D. Francisco. The company’s 12-month trailing net income was $14.85 billion at the close of July 2024.
