2,260 Shares in Procter & Gamble Company (The) $PG Bought by Viewpoint Investment Partners Corp

Key Points

• Viewpoint Investment Partners Corp has purchased a new stake of 2,260 shares in Procter & Gamble, valued at approximately $360,000.
• Procter & Gamble reported earnings per share of $1.48 for the last quarter, beating estimates by $0.06, with a revenue increase of 1.7% year-over-year.
• The company also declared a quarterly dividend of $1.0568 per share, representing an annualized yield of 2.8% as of their last dividend announcement.

Viewpoint Investment Partners Corp purchased a new stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 2,260 shares of the company's stock, valued at approximately $360,000.

A number of other large investors have also modified their holdings of PG. Nova Wealth Management Inc. acquired a new stake in shares of Procter & Gamble during the first quarter worth $26,000. Signature Resources Capital Management LLC raised its stake in shares of Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock worth $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP acquired a new stake in shares of Procter & Gamble during the first quarter worth about $33,000. Mizuho Securities Co. Ltd. boosted its position in Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after buying an additional 170 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its position in Procter & Gamble by 50.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company's stock worth $42,000 after buying an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Insider Activity

In related news, CEO Jennifer L. Davis sold 8,596 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,351,892.92. Following the sale, the chief executive officer owned 64,991 shares of the company's stock, valued at $10,221,134.57. This trade represents a 11.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Sundar G. Raman sold 9,554 shares of Procter & Gamble stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the completion of the transaction, the chief executive officer owned 41,886 shares of the company's stock, valued at $6,624,689.76. This represents a 18.57% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Stock Performance

NYSE:PG opened at $152.06 on Friday. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The company has a fifty day simple moving average of $155.63 and a two-hundred day simple moving average of $160.17. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The company has a market cap of $355.90 billion, a price-to-earnings ratio of 23.36, a price-to-earnings-growth ratio of 4.04 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the business posted $1.40 earnings per share. Procter & Gamble's revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. Procter & Gamble's payout ratio is currently 64.82%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PG. UBS Group set a $180.00 price target on Procter & Gamble and gave the company a "buy" rating in a report on Wednesday, July 30th. Berenberg Bank increased their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a research report on Wednesday, September 17th. 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. BNP Paribas reaffirmed an "outperform" rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $173.11.

Procter & Gamble Company 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.

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