West Family Investments Inc. Raises Stock Holdings in Procter & Gamble Company (The) $PG

West Family Investments Inc. raised its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 39.8% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,426 shares of the company’s stock after buying an additional 4,389 shares during the period. Procter & Gamble comprises about 0.6% of West Family Investments Inc.’s investment portfolio, making the stock its 26th biggest holding. West Family Investments Inc.’s holdings in Procter & Gamble were worth $2,458,000 at the end of the most recent reporting period.

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

Insider Activity at Procter & Gamble

In related news, CEO Gary A. Coombe sold 3,535 shares of the firm’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 transaction of $538,133.05. Following the completion of the sale, the chief executive officer owned 34,816 shares of the company’s stock, valued at $5,300,039.68. This trade represents a 9.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Matthew W. Janzaruk sold 725 shares of the business’s 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 completion of the transaction, the chief accounting officer owned 979 shares of the company’s stock, valued at approximately $146,429.03. The trade was a 42.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 30,308 shares of company stock worth $4,611,852 in the last ninety days. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $148.40 on Friday. The company has a 50 day simple moving average of $149.79 and a two-hundred day simple moving average of $155.77. Procter & Gamble Company has a fifty-two week low of $144.09 and a fifty-two week high of $180.16. The company has a market capitalization of $346.77 billion, a price-to-earnings ratio of 21.66, a P/E/G ratio of 3.87 and a beta of 0.36. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71.

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

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 17th. Investors 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 2.8%. Procter & Gamble’s payout ratio is presently 61.61%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Morgan Stanley set a $175.00 price objective on shares of Procter & Gamble in a research report on Monday, October 27th. UBS Group reduced their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. BNP Paribas Exane cut their price objective on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. BNP Paribas reiterated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Finally, Raymond James Financial lowered their target price on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus 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.