Agate Pass Investment Management LLC Purchases 115 Shares of Procter & Gamble Company (The) $PG

Agate Pass Investment Management LLC increased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,880 shares of the company’s stock after purchasing an additional 115 shares during the period. Procter & Gamble comprises about 1.2% of Agate Pass Investment Management LLC’s investment portfolio, making the stock its 28th largest position. Agate Pass Investment Management LLC’s holdings in Procter & Gamble were worth $2,849,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of PG. Nova Wealth Management Inc. bought a new stake in Procter & Gamble in the first quarter valued at $26,000. Signature Resources Capital Management LLC grew its position in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares during the period. Quarry LP bought a new stake in Procter & Gamble in the first quarter valued at $33,000. Mizuho Securities Co. Ltd. grew its position in Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after acquiring an additional 170 shares during the period. Finally, RMG Wealth Management LLC bought a new stake in Procter & Gamble in the second quarter valued at $37,000. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Procter & Gamble

In other news, COO Shailesh Jejurikar sold 13,039 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the transaction, the chief operating officer owned 28,036 shares of the company’s stock, valued at $4,409,221.72. This represents a 31.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jon R. Moeller sold 40,119 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $6,309,515.13. Following the transaction, the chief executive officer directly owned 319,375 shares in the company, valued at $50,228,106.25. This trade represents a 11.16% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,763 shares of company stock valued at $23,421,279 over the last ninety days. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Down 0.6%

Shares of PG opened at $149.69 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12-month low of $149.45 and a 12-month high of $180.43. The firm has a market capitalization of $350.34 billion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 3.99 and a beta of 0.36. The stock’s fifty day simple moving average is $155.24 and its 200-day simple moving average is $159.53.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same quarter in the prior year, the firm posted $1.40 earnings per share. The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on PG shares. JPMorgan Chase & Co. lowered their price target on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a research report on Friday. Berenberg Bank upped their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Barclays reduced their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 1st. Wells Fargo & Company reduced their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Finally, Bank of America reduced their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $172.21.

Procter & Gamble Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.