15,975 Shares in Procter & Gamble Company (The) $PG Purchased by Bontempo Ohly Capital Mgmt LLC

Key Points

• Bontempo Ohly Capital Mgmt LLC acquired 15,975 shares of Procter & Gamble, valued at approximately $2.72 million, marking it as their 27th largest position.
• Procter & Gamble reported a strong quarterly performance with earnings per share (EPS) of $1.48, surpassing analysts' expectations, and revenue of $20.89 billion, up 1.7% year-over-year.
• In recent analyst ratings, Evercore ISI has lowered its price target to $170, while other firms maintain their ratings with targets ranging from $164 to $180.

Bontempo Ohly Capital Mgmt LLC purchased a new position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,975 shares of the company's stock, valued at approximately $2,722,000. Procter & Gamble accounts for about 1.3% of Bontempo Ohly Capital Mgmt LLC's investment portfolio, making the stock its 27th largest holding.

A number of other institutional investors have also recently made changes to their positions in PG. Benjamin Edwards Inc. increased its position in shares of Procter & Gamble by 120.7% during the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company's stock worth $62,098,000 after acquiring an additional 199,258 shares during the period. Capital Investment Advisory Services LLC grew its stake in Procter & Gamble by 13.8% during the 1st quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company's stock worth $6,426,000 after purchasing an additional 4,562 shares in the last quarter. World Investment Advisors increased its holdings in Procter & Gamble by 6.0% during the 1st quarter. World Investment Advisors now owns 50,913 shares of the company's stock worth $8,677,000 after purchasing an additional 2,886 shares during the period. Concurrent Investment Advisors LLC raised its position in Procter & Gamble by 26.4% in the 1st quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company's stock valued at $20,451,000 after purchasing an additional 25,059 shares in the last quarter. Finally, Kelly Financial Services LLC grew its position in shares of Procter & Gamble by 8.7% during the first quarter. Kelly Financial Services LLC now owns 1,727 shares of the company's stock worth $294,000 after buying an additional 138 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Activity at Procter & Gamble

In related news, CEO Gary A. Coombe sold 10,194 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the transaction, the chief executive officer owned 34,978 shares in the company, valued at $5,532,120.48. The trade was a 22.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $6,309,515.13. Following the sale, the chief executive officer directly owned 319,375 shares of the company's stock, valued at $50,228,106.25. The trade was a 11.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock worth $18,918,012 in the last three months. Company insiders own 0.20% of the company's stock.

Procter & Gamble Stock Performance

Shares of PG traded down $0.61 during midday trading on Friday, reaching $158.02. 5,956,120 shares of the stock were exchanged, compared to its average volume of 5,974,909. The company has a market capitalization of $369.85 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 4.17 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The business's 50-day moving average price is $156.21 and its 200 day moving average price is $161.77.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS 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%.The firm's revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble's dividend payout ratio is currently 64.98%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on PG. BNP Paribas reiterated an "outperform" rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Evercore ISI reaffirmed an "in-line" rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research report 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 note on Thursday, July 31st. JPMorgan Chase & Co. restated a "neutral" rating and issued a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, Wells Fargo & Company lowered their price objective on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $175.12.

Procter & Gamble 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.