Cardano Risk Management B.V. Has $124.46 Million Stock Position in Procter & Gamble Company (The) $PG

Cardano Risk Management B.V. raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 4.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 781,181 shares of the company’s stock after acquiring an additional 32,777 shares during the quarter. Procter & Gamble makes up about 1.6% of Cardano Risk Management B.V.’s portfolio, making the stock its 17th largest holding. Cardano Risk Management B.V.’s holdings in Procter & Gamble were worth $124,458,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PG. Nova Wealth Management Inc. acquired a new position in Procter & Gamble in the 1st quarter valued at approximately $26,000. Signature Resources Capital Management LLC increased its position in Procter & Gamble by 67.9% in the 2nd 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 acquired a new stake in shares of Procter & Gamble during the first quarter worth $33,000. Mizuho Securities Co. Ltd. increased its position in shares of Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock worth $34,000 after buying an additional 170 shares during the period. Finally, RMG Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the second quarter worth $37,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Down 0.1%

Procter & Gamble stock opened at $150.53 on Friday. Procter & Gamble Company has a 1-year low of $149.58 and a 1-year high of $180.43. The firm has a market capitalization of $352.31 billion, a price-to-earnings ratio of 23.12, a price-to-earnings-growth ratio of 4.00 and a beta of 0.36. The firm’s fifty day moving average price is $155.26 and its two-hundred day moving average price is $159.62. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the firm earned $1.40 earnings per share. The business’s quarterly revenue 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. On average, equities research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of the firm’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 of the company’s stock, valued at approximately $50,228,106.25. This trade represents a 11.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Marc S. Pritchard sold 9,849 shares of the firm’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the completion of the transaction, the insider directly owned 182,422 shares in the company, valued at $28,689,507.94. This trade represents a 5.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 149,763 shares of company stock valued at $23,421,279. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on PG shares. BNP Paribas reiterated an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Evercore ISI reiterated an “in-line” rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. UBS Group decreased their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday. Finally, BNP Paribas Exane decreased their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $172.58.

Procter & Gamble Company 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.