Dearborn Partners LLC Boosts Holdings in Procter & Gamble Company (The) $PG

Dearborn Partners LLC grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 213,198 shares of the company’s stock after purchasing an additional 4,973 shares during the period. Procter & Gamble makes up 1.6% of Dearborn Partners LLC’s investment portfolio, making the stock its 22nd largest holding. Dearborn Partners LLC’s holdings in Procter & Gamble were worth $33,967,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC boosted its position in shares of Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. lifted its position in Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after buying an additional 277 shares during the period. AGF Management Ltd. boosted its holdings in shares of Procter & Gamble by 1,014.0% during the 1st quarter. AGF Management Ltd. now owns 38,501 shares of the company’s stock valued at $6,561,000 after buying an additional 35,045 shares in the last quarter. GKV Capital Management Co. Inc. grew its position in shares of Procter & Gamble by 46.3% in the 1st quarter. GKV Capital Management Co. Inc. now owns 585 shares of the company’s stock worth $100,000 after buying an additional 185 shares during the period. Finally, Fox Hill Wealth Management increased its stake in shares of Procter & Gamble by 1.2% in the 1st quarter. Fox Hill Wealth Management now owns 10,432 shares of the company’s stock worth $1,778,000 after acquiring an additional 126 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. BNP Paribas reissued an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. BNP Paribas Exane dropped their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Monday, December 1st. JPMorgan Chase & Co. boosted their target price on Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, October 27th. Finally, Wells Fargo & Company reduced their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Twelve equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.40.

Procter & Gamble Stock Performance

Shares of PG opened at $139.82 on Thursday. The company has a market cap of $326.72 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 4.21 and a beta of 0.39. The business’s fifty day simple moving average is $148.25 and its two-hundred day simple moving average is $154.60. Procter & Gamble Company has a 12 month low of $138.14 and a 12 month high of $179.99. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter in the previous year, the business earned $1.93 earnings per share. The company’s revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a $1.0568 dividend. The ex-dividend date was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s payout ratio is currently 61.75%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $149.57, for a total value of $108,438.25. Following the completion of the sale, the chief accounting officer owned 979 shares of the company’s stock, valued at approximately $146,429.03. The trade was a 42.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gary A. Coombe sold 3,535 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $538,133.05. Following the transaction, the chief executive officer directly owned 34,816 shares in the company, valued at $5,300,039.68. The trade was a 9.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 30,308 shares of company stock valued at $4,611,852. Company insiders own 0.20% of the company’s stock.

About Procter & Gamble

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.