Mizuho Securities Co. Ltd. Has $110,000 Stock Holdings in Procter & Gamble Company (The) $PG

Mizuho Securities Co. Ltd. increased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 245.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 690 shares of the company’s stock after buying an additional 490 shares during the period. Mizuho Securities Co. Ltd.’s holdings in Procter & Gamble were worth $110,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PG. Nova Wealth Management Inc. bought a new position in Procter & Gamble in the 1st quarter worth approximately $26,000. Signature Resources Capital Management LLC grew its holdings in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the period. Quarry LP acquired a new stake in Procter & Gamble in the first quarter worth $33,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Procter & Gamble during the second quarter worth $34,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Jon R. Moeller sold 11,684 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $1,778,655.32. Following the transaction, the chief executive officer directly owned 319,932 shares of the company’s stock, valued at $48,703,248.36. This represents a 3.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jennifer L. Davis sold 3,227 shares of the business’s stock in a transaction that occurred on 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 owned 61,764 shares of the company’s stock, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 31,308 shares of company stock worth $4,768,692 in the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Performance

PG opened at $146.98 on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a 12-month low of $144.09 and a 12-month high of $180.43. The business has a 50 day moving average of $151.10 and a 200-day moving average of $156.27. The stock has a market cap of $343.45 billion, a price-to-earnings ratio of 21.46, a PEG ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same period in the previous year, the firm earned $1.93 EPS. The firm’s 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. On average, equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were issued a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is presently 61.61%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. BNP Paribas Exane reduced their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Raymond James Financial decreased their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Barclays lowered their target price on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 1st. Dbs Bank raised Procter & Gamble to a “moderate buy” rating in a research report on Tuesday, October 28th. Finally, UBS Group decreased 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, October 8th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $171.53.

About Procter & Gamble

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.