Procter & Gamble Company (The) $PG Stock Holdings Raised by AG2R LA Mondiale Gestion D Actifs

AG2R LA Mondiale Gestion D Actifs raised its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 0.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 117,914 shares of the company’s stock after buying an additional 447 shares during the quarter. Procter & Gamble comprises 1.0% of AG2R LA Mondiale Gestion D Actifs’ portfolio, making the stock its 17th largest position. AG2R LA Mondiale Gestion D Actifs’ holdings in Procter & Gamble were worth $18,786,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Focus Partners Advisor Solutions LLC increased its stake in Procter & Gamble by 15.6% during the second quarter. Focus Partners Advisor Solutions LLC now owns 45,129 shares of the company’s stock valued at $7,189,000 after purchasing an additional 6,079 shares during the last quarter. Curio Wealth LLC lifted its holdings in Procter & Gamble by 19,900.0% in the second quarter. Curio Wealth LLC now owns 600 shares of the company’s stock worth $96,000 after acquiring an additional 597 shares during the last quarter. Northstar Asset Management Inc. boosted its stake in Procter & Gamble by 20.2% in the second quarter. Northstar Asset Management Inc. now owns 4,191 shares of the company’s stock valued at $668,000 after acquiring an additional 703 shares during the period. Leelyn Smith LLC grew its holdings in shares of Procter & Gamble by 3.2% during the second quarter. Leelyn Smith LLC now owns 18,243 shares of the company’s stock valued at $2,906,000 after purchasing an additional 559 shares during the last quarter. Finally, Allied Investment Advisors LLC raised its position in shares of Procter & Gamble by 1.1% during the 2nd quarter. Allied Investment Advisors LLC now owns 66,623 shares of the company’s stock worth $10,614,000 after purchasing an additional 725 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the sale, the insider directly owned 182,422 shares in the company, valued at approximately $28,689,507.94. The trade was a 5.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Andre Schulten sold 11,638 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the completion of the transaction, the chief financial officer directly owned 52,642 shares in the company, valued at $8,279,007.34. This represents a 18.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 149,763 shares of company stock valued at $23,421,279 over the last quarter. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on PG shares. Bank of America lowered their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. UBS Group reduced their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Wells Fargo & Company dropped their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Finally, JPMorgan Chase & Co. reduced their price objective on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating for the company in a research report on Friday, October 10th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $171.68.

Read Our Latest Research Report on PG

Procter & Gamble Stock Up 0.3%

PG stock opened at $152.62 on Friday. The firm’s 50-day moving average is $154.66 and its two-hundred day moving average is $158.41. The company has a market capitalization of $357.21 billion, a price-to-earnings ratio of 23.44, a price-to-earnings-growth ratio of 4.04 and a beta of 0.36. Procter & Gamble Company has a 52 week low of $146.96 and a 52 week high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PGGet Free Report) last posted its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The business had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business’s revenue was up 3.0% on a year-over-year basis. During the same period last year, the firm posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be paid a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.98%.

Procter & Gamble Company Profile

(Free Report)

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.

Further Reading

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

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