Donald Yacktman’s Latest Portfolio: Top 5 Stock Picks

This article discusses Donald Yacktman’s Yacktman Asset Management top 5 stock picks at the end of June. If you want to know about the fund’s journey, Mr. Yacktman’s career and more about Yacktman Asset Management’s 13F portfolio, please go to  Donald Yacktman’s Latest Portfolio: Top 10 Stock Picks.

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

Yacktman Asset Management’s Stake Value: $438,805,000

Percentage of Yacktman Asset Management’s 13F Portfolio: 4.55%

Number of Hedge Fund Holders(Q1): 72

One of the best defensive stocks, The Procter & Gamble Company (NYSE:PG) has had quite a journey in the last one year. Late last year, when recessionary fears were growing, and funds were piling on safe defensive names, The Procter & Gamble Company’s (NYSE:PG) stock started moving up and made its all-time high of $165.35. However, as those fears receded, the stock also came down and is now trading at the same levels it traded at a year prior.

On July 29, The Procter & Gamble Company (NYSE:PG) reported earnings per share of $1.22 on revenue of $19.52 billion for the fourth quarter of its fiscal year 2022. Though the company managed to beat analysts’ revenue expectations for the period by $104.13 million, its EPS number missed analysts’ estimate by $0.01.