Missouri Trust & Investment Co Acquires 134 Shares of Procter & Gamble Company (The) $PG

Missouri Trust & Investment Co increased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 1.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,576 shares of the company’s stock after purchasing an additional 134 shares during the period. Procter & Gamble makes up 0.7% of Missouri Trust & Investment Co’s investment portfolio, making the stock its 28th biggest holding. Missouri Trust & Investment Co’s holdings in Procter & Gamble were worth $2,163,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Signal Tree Financial Partners LLC acquired a new stake in shares of Procter & Gamble in the second quarter worth about $273,000. Total Wealth Planning LLC raised its stake in shares of Procter & Gamble by 2.0% in the 2nd quarter. Total Wealth Planning LLC now owns 21,800 shares of the company’s stock valued at $3,473,000 after acquiring an additional 420 shares in the last quarter. Verum Partners LLC lifted its holdings in Procter & Gamble by 5.9% in the 2nd quarter. Verum Partners LLC now owns 7,246 shares of the company’s stock worth $1,154,000 after purchasing an additional 406 shares during the last quarter. Legacy Solutions LLC boosted its position in Procter & Gamble by 8.4% during the second quarter. Legacy Solutions LLC now owns 1,954 shares of the company’s stock worth $311,000 after purchasing an additional 151 shares during the period. Finally, TD Private Client Wealth LLC grew its holdings in Procter & Gamble by 2.7% during the second quarter. TD Private Client Wealth LLC now owns 30,975 shares of the company’s stock valued at $4,935,000 after purchasing an additional 808 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PG shares. Evercore ISI restated an “in-line” rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Barclays set a $164.00 target price on shares of Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. UBS Group set a $180.00 price target on Procter & Gamble and gave the company a “buy” rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. restated a “neutral” rating and set a $170.00 target price (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, Wells Fargo & Company lowered their target price on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $173.94.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the sale, the chief executive officer owned 34,978 shares of the company’s stock, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Sundar G. Raman sold 9,554 shares of Procter & Gamble stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,511,060.64. Following the sale, the chief executive officer directly owned 41,886 shares in the company, valued at $6,624,689.76. The trade was a 18.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock worth $18,918,012 in the last 90 days. 0.20% of the stock is currently owned by insiders.

Procter & Gamble Trading Down 0.1%

Shares of PG opened at $152.35 on Thursday. The stock’s 50-day moving average price is $156.12 and its 200 day moving average price is $160.91. 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 firm has a market capitalization of $356.58 billion, a price-to-earnings ratio of 23.40, a P/E/G ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.06. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.Procter & Gamble’s revenue for the quarter 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. As a group, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.98%.

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.