Procter & Gamble Company (The) $PG Stock Position Increased by Quilter Plc

Quilter Plc increased its position in Procter & Gamble Company (The) (NYSE:PG) by 3.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 22,688 shares of the company’s stock after acquiring an additional 698 shares during the period. Quilter Plc’s holdings in Procter & Gamble were worth $3,615,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Empirical Finance LLC raised its position in Procter & Gamble by 0.6% in the second quarter. Empirical Finance LLC now owns 82,601 shares of the company’s stock worth $13,160,000 after acquiring an additional 514 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of Procter & Gamble by 0.5% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 446,472 shares of the company’s stock worth $71,942,000 after purchasing an additional 2,108 shares during the last quarter. TRUE Private Wealth Advisors raised its holdings in shares of Procter & Gamble by 32.0% in the 2nd quarter. TRUE Private Wealth Advisors now owns 7,076 shares of the company’s stock worth $1,127,000 after purchasing an additional 1,714 shares in the last quarter. Copperleaf Capital LLC boosted its holdings in Procter & Gamble by 8.0% during the second quarter. Copperleaf Capital LLC now owns 1,352 shares of the company’s stock worth $215,000 after buying an additional 100 shares in the last quarter. Finally, Stonebrook Private Inc. increased its holdings in shares of Procter & Gamble by 2.2% in the second quarter. Stonebrook Private Inc. now owns 4,051 shares of the company’s stock valued at $645,000 after buying an additional 86 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Trading Down 0.0%

Shares of NYSE PG opened at $146.98 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a one year low of $144.09 and a one year high of $180.43. The business has a 50-day moving average price of $151.10 and a two-hundred day moving average price of $156.27. The firm has a market capitalization of $343.45 billion, a PE ratio of 21.46, a PEG ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, October 24th. The company reported $1.99 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 business had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same period last year, the company posted $1.93 earnings per share. The firm’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. As a group, analysts predict 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 was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were paid a $1.0568 dividend. The ex-dividend date was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s payout ratio is 61.61%.

Insider Buying and Selling

In other news, CFO Andre Schulten sold 4,252 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $647,281.96. Following the completion of the sale, the chief financial officer directly owned 53,992 shares of the company’s stock, valued at $8,219,202.16. This trade represents a 7.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jon R. Moeller sold 11,684 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. The trade was a 3.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 31,308 shares of company stock worth $4,768,692. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PG. Barclays reduced their price objective 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. Bank of America decreased their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. UBS Group dropped their price target on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. BNP Paribas Exane reduced their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. Finally, Wells Fargo & Company dropped their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.