Top 15 Consumer Staples Stocks According to Hedge Funds

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

Number of Hedge Fund Holders: 88

The Procter & Gamble Company (NYSE:PG) ranks among the top consumer staples stocks according to hedge funds. Filippo Falorni, a Citi analyst, maintained a Buy rating on the The Procter & Gamble Company (NYSE:PG) and price target at $181 on June 6. P&G’s financial forecast and strategic ambitions form the basis of Filippo Falorni’s assessment.

In order to optimize its supply chain, organizational structure, and portfolio, the company has announced a two-year restructuring program. This involves getting rid of some brands and product types, which will result in cost savings over current plans although the process might be a minor hindrance to organic sales growth.

The Procter & Gamble Company (NYSE:PG) has also revised its projections for regarding tariff implications, greatly reducing the expected financial headwinds. The company has stated that it is confident in its ability to handle these difficulties and continue to meet its long-term growth goals.

The Procter & Gamble Company (NYSE:PG) is a consumer products corporation that operates in five major segments: Baby, Feminine & Family Care, Fabric & Home Care, Grooming, and Beauty.

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