Delta Global Management LP Purchases New Holdings in Procter & Gamble Company (The) $PG

Delta Global Management LP purchased a new position in shares of Procter & Gamble Company (The) (NYSE:PG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,896 shares of the company’s stock, valued at approximately $1,367,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PG. Emprise Bank grew its holdings in shares of Procter & Gamble by 2.5% during the 3rd quarter. Emprise Bank now owns 2,766 shares of the company’s stock worth $425,000 after purchasing an additional 68 shares in the last quarter. Affiance Financial LLC raised its stake in Procter & Gamble by 2.5% in the third quarter. Affiance Financial LLC now owns 2,803 shares of the company’s stock valued at $431,000 after purchasing an additional 69 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its stake in Procter & Gamble by 12.9% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 621 shares of the company’s stock valued at $99,000 after purchasing an additional 71 shares in the last quarter. Dominguez Wealth Management Solutions Inc. lifted its position in Procter & Gamble by 0.3% during the third quarter. Dominguez Wealth Management Solutions Inc. now owns 20,464 shares of the company’s stock worth $3,144,000 after purchasing an additional 71 shares during the period. Finally, Partners Wealth Management LLC grew its stake in Procter & Gamble by 1.2% during the third quarter. Partners Wealth Management LLC now owns 5,996 shares of the company’s stock worth $921,000 after buying an additional 72 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Key Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Pampers launched “Pampers AMORE” — positioned as a premium diaper with a “soft as cashmere” feel and upgraded performance. A successful premium rollout can support pricing power, margin expansion, and category leadership in baby care. Pampers Launches Pampers AMORE: The Brand’s Best Diaper Yet, Featuring a Soft as Cashmere Feel and Performance Without Compromise
• Positive Sentiment: Several bullish write-ups and inclusion in “top consumer staples” lists are increasing investor interest in PG’s defensive earnings profile and reliable cash flow, which can attract more inflows into the stock. The Top 2 Consumer Staples Stocks to Buy Right Now
• Positive Sentiment: Independent bullish analyses (summarized in recent articles) highlight PG’s steady margins, brand depth and dividend/cash-flow durability — reinforcing long-term investor conviction. Procter & Gamble Company (The) (PG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Zacks and other services note heightened retail/analyst attention on PG, which can raise short-term volume and volatility but doesn’t by itself change fundamentals. Procter & Gamble Company (The) (PG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: P&G announced a near-$1 billion investment to build a new Gillette headquarters and technical center in Boston. That consolidates R&D and operations (positive for long-term innovation and efficiency) but increases near-term capex and will be monitored for its impact on free cash flow. Procter & Gamble’s US$1b Gillette Bet And What It Means For PG

Procter & Gamble Price Performance

PG stock opened at $152.07 on Tuesday. The stock has a market cap of $353.40 billion, a price-to-earnings ratio of 22.53, a P/E/G ratio of 5.04 and a beta of 0.37. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. The company has a 50 day simple moving average of $153.55 and a 200 day simple moving average of $150.93. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $174.80.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, January 23rd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The firm had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business posted $1.88 earnings per share. Research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were given a dividend of $1.0568 per share. The ex-dividend date was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s payout ratio is currently 62.52%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on PG. Rothschild & Co Redburn boosted their target price on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. Wells Fargo & Company reiterated an “overweight” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Tuesday, February 17th. Piper Sandler assumed coverage on shares of Procter & Gamble in a research note on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 price objective on the stock. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Finally, Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $168.33.

Insiders Place Their Bets

In other Procter & Gamble news, Chairman Jon R. Moeller sold 162,232 shares of the company’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.45, for a total value of $26,354,588.40. Following the completion of the transaction, the chairman owned 319,385 shares of the company’s stock, valued at $51,884,093.25. This represents a 33.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of Procter & Gamble stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $162.28, for a total value of $2,461,625.32. Following the sale, the insider directly owned 44,735 shares in the company, valued at $7,259,595.80. The trade was a 25.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 348,618 shares of company stock worth $55,462,643. Company insiders own 0.20% of the company’s stock.

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.