Hager Investment Management Services LLC cut its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 26.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,226 shares of the company’s stock after selling 452 shares during the period. Hager Investment Management Services LLC’s holdings in Procter & Gamble were worth $195,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in PG. Kingstone Capital Partners Texas LLC grew its stake in shares of Procter & Gamble by 655,209.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock valued at $11,832,680,000 after buying an additional 76,017,350 shares during the period. Nuveen LLC acquired a new position in Procter & Gamble during the 1st quarter valued at about $1,954,941,000. Price T Rowe Associates Inc. MD boosted its stake in Procter & Gamble by 13.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company’s stock valued at $3,660,737,000 after purchasing an additional 2,466,308 shares during the last quarter. Invesco Ltd. boosted its stake in Procter & Gamble by 19.8% during the 1st quarter. Invesco Ltd. now owns 13,493,604 shares of the company’s stock valued at $2,299,580,000 after purchasing an additional 2,228,151 shares during the last quarter. Finally, Valeo Financial Advisors LLC boosted its stake in Procter & Gamble by 1,875.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,763,404 shares of the company’s stock valued at $280,946,000 after purchasing an additional 1,674,139 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts have issued reports on the company. Wells Fargo & Company cut their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Barclays cut their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 1st. Berenberg Bank lifted their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. UBS Group cut their price target on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, BNP Paribas reissued an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $172.58.
Procter & Gamble Price Performance
Procter & Gamble stock opened at $150.67 on Thursday. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The company’s 50 day moving average price is $155.26 and its two-hundred day moving average price is $159.72. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The stock has a market cap of $352.64 billion, a P/E ratio of 23.14, a P/E/G ratio of 4.05 and a beta of 0.36.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. The firm had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.
Insider Transactions at Procter & Gamble
In related news, CEO Jennifer L. Davis sold 3,227 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $491,246.21. Following the sale, the chief executive officer directly owned 61,764 shares in the company, valued at approximately $9,402,333.72. The trade was a 4.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Balaji Purushothaman sold 490 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $74,592.70. Following the completion of the transaction, the insider owned 12,616 shares of the company’s stock, valued at $1,920,533.68. The trade was a 3.74% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is currently owned by insiders.
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.
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