Littlejohn Financial Services Inc. Makes New $2.49 Million Investment in Procter & Gamble Company (The) $PG

Littlejohn Financial Services Inc. purchased a new position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) during the 3rd quarter, HoldingsChannel reports. The firm purchased 16,234 shares of the company’s stock, valued at approximately $2,494,000. Procter & Gamble accounts for about 1.8% of Littlejohn Financial Services Inc.’s holdings, making the stock its 24th largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its position in shares of Procter & Gamble by 655,209.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock worth $11,832,680,000 after buying an additional 76,017,350 shares during the last quarter. Norges Bank bought a new position in shares of Procter & Gamble in the 2nd quarter valued at approximately $5,099,644,000. Laurel Wealth Advisors LLC lifted its holdings in Procter & Gamble by 15,971.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock worth $1,117,270,000 after purchasing an additional 6,969,110 shares during the last quarter. Vanguard Group Inc. boosted its position in Procter & Gamble by 1.4% during the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock worth $37,155,222,000 after purchasing an additional 3,189,111 shares during the period. Finally, Invesco Ltd. grew its holdings in Procter & Gamble by 21.4% during the second quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock valued at $2,608,785,000 after purchasing an additional 2,880,895 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Up 1.4%

Shares of PG stock opened at $146.30 on Thursday. The stock has a market cap of $341.86 billion, a P/E ratio of 21.36, a price-to-earnings-growth ratio of 4.87 and a beta of 0.39. The stock has a fifty day moving average price of $144.80 and a 200 day moving average price of $151.20. Procter & Gamble Company has a one year low of $137.62 and a one year high of $179.99. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51.

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

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be given a dividend of $1.0568 per share. The ex-dividend date is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is 61.75%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on PG. TD Cowen reduced their price objective on shares of Procter & Gamble from $168.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. BNP Paribas Exane cut their target price 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. Bank of America decreased their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft dropped their price objective on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research note on Monday, December 8th. Finally, Berenberg Bank increased their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Fifteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $168.55.

Get Our Latest Research Report on Procter & Gamble

Insider Activity at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the sale, the chief accounting officer directly owned 979 shares in the company, valued at $146,429.03. This represents a 42.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is owned by insiders.

Key Headlines Impacting Procter & Gamble

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Procter & Gamble Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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