5 Best Large Cap Dividend Growth Stocks to Invest In

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1. The Procter & Gamble Company (NYSE:PG)

Number of Hedge Fund Holders: 90

On April 27, TD Cowen raised its price recommendation on The Procter & Gamble Company (NYSE:PG) to $150 from $142. It reiterated a Hold rating on the shares. The firm said volume growth and share trends were strong enough to support the higher target.

During its fiscal Q3 2026 earnings call, the company’s CFO Andre Schulten said the company delivered steady growth in the quarter. He noted that organic sales increased by more than 3% year over year, driven by a 2-point gain in volume and a 1-point contribution from pricing, while mix remained flat. Schulten said growth was broad-based, with all 10 product categories posting organic sales gains.

He added that global aggregate market share improved to roughly in line with the prior year, with momentum building through the quarter. On profitability, he said core EPS was $1.59. He also noted that core gross margin declined by 100 basis points and core operating margin decreased by 80 basis points compared with the prior year. In terms of cash flow, Schulten said adjusted free cash flow productivity reached 82%. He added that the company returned $3.2 billion to shareholders during the quarter, including $2.5 billion in dividends and more than $600 million through share repurchases.

The Procter & Gamble Company (NYSE:PG) provides branded consumer packaged goods to consumers worldwide. Its segments include Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care. The company sells its products in around 180 countries and territories.

While we acknowledge the potential of PG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PG and that has 100x upside potential, check out our report about the cheapest AI stock.

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