Emerald Advisors LLC Boosts Stake in Procter & Gamble Company (The) $PG

Emerald Advisors LLC grew its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 15.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,062 shares of the company’s stock after purchasing an additional 677 shares during the quarter. Emerald Advisors LLC’s holdings in Procter & Gamble were worth $807,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Mainsail Financial Group LLC lifted its stake in shares of Procter & Gamble by 2.8% during the 2nd quarter. Mainsail Financial Group LLC now owns 5,834 shares of the company’s stock worth $891,000 after purchasing an additional 157 shares during the period. G&S Capital LLC lifted its stake in shares of Procter & Gamble by 0.7% during the 2nd quarter. G&S Capital LLC now owns 26,886 shares of the company’s stock worth $4,284,000 after purchasing an additional 185 shares during the period. Presper Financial Architects LLC purchased a new position in shares of Procter & Gamble during the 2nd quarter worth $573,000. Sterling Investment Advisors Ltd. lifted its stake in shares of Procter & Gamble by 1.1% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 19,899 shares of the company’s stock worth $3,170,000 after purchasing an additional 216 shares during the period. Finally, Asio Capital LLC lifted its stake in shares of Procter & Gamble by 2.3% during the 2nd quarter. Asio Capital LLC now owns 13,477 shares of the company’s stock worth $2,147,000 after purchasing an additional 306 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.6%

Shares of NYSE PG opened at $153.42 on Tuesday. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. The company has a market cap of $359.08 billion, a P/E ratio of 23.57, a P/E/G ratio of 4.02 and a beta of 0.36. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The stock has a fifty day moving average price of $155.97 and a 200 day moving average price of $160.39.

Procter & Gamble (NYSE:PG) last announced 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 firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the prior year, the firm earned $1.40 EPS. The firm’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. Research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.82%.

Insider Activity at Procter & Gamble

In other news, CEO Sundar G. Raman sold 9,554 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the completion of the sale, the chief executive officer directly owned 41,886 shares in the company, valued at $6,624,689.76. This trade represents a 18.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jennifer L. Davis sold 8,596 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,351,892.92. Following the transaction, the chief executive officer directly owned 64,991 shares in the company, valued at $10,221,134.57. The trade was a 11.68% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on PG shares. UBS Group set a $180.00 price target on Procter & Gamble and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Barclays set a $164.00 target price on Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Berenberg Bank increased their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, BNP Paribas Exane cut their target price 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. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $173.68.

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.