33,828 Shares in Procter & Gamble Company (The) $PG Purchased by Bontempo Ohly Capital Mgmt LLC

Key Points

• Bontempo Ohly Capital Management acquired 33,828 Procter & Gamble shares worth approximately $4.96 million, making PG about 2.1% of its portfolio. Institutional investors collectively own 65.77% of the company.
• Procter & Gamble reported quarterly EPS of $1.43, beating estimates by $0.02, while revenue rose 1.5% year over year to $21.20 billion but fell short of expectations.
• PG shares opened at $143.71, below the analyst consensus target of $161.19. The company pays a $4.35 annualized dividend, yielding approximately 3.0%, and analysts maintain a “Moderate Buy” consensus rating.

Bontempo Ohly Capital Mgmt LLC acquired a new position in Procter & Gamble Company (The) (NYSE:PG - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 33,828 shares of the company's stock, valued at approximately $4,961,000. Procter & Gamble accounts for approximately 2.1% of Bontempo Ohly Capital Mgmt LLC's investment portfolio, making the stock its 11th biggest position.

Several other institutional investors have also added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company's stock worth $25,000 after buying an additional 150 shares during the period. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Procter & Gamble during the 2nd quarter worth approximately $26,000. Litman Gregory Wealth Management LLC purchased a new position in Procter & Gamble during the 4th quarter valued at $26,000. Park Square Financial Group LLC grew its position in Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company's stock valued at $26,000 after acquiring an additional 71 shares during the last quarter. Finally, Evolution Wealth Management Inc. grew its position in Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company's stock valued at $26,000 after acquiring an additional 171 shares during the last quarter. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Price Performance

Shares of PG stock opened at $143.71 on Friday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The stock has a market capitalization of $334.04 billion, a price-to-earnings ratio of 21.71, a P/E/G ratio of 4.43 and a beta of 0.39. The stock has a fifty day simple moving average of $147.11 and a two-hundred day simple moving average of $148.28. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.02. The business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The business's revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, analysts predict that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were issued a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, July 24th. Procter & Gamble's dividend payout ratio is presently 65.71%.

Analysts Set New Price Targets

Several research firms have recently weighed in on PG. Bank of America decreased their target price on Procter & Gamble from $170.00 to $166.00 and set a "buy" rating for the company in a research report on Friday, July 10th. HSBC restated a "hold" rating and issued a $149.00 price target (down from $182.00) on shares of Procter & Gamble in a report on Thursday, July 30th. Barclays raised their price target on shares of Procter & Gamble from $146.00 to $152.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 21st. BMO Capital Markets lifted their price objective on shares of Procter & Gamble from $169.00 to $170.00 and gave the company an "outperform" rating in a report on Monday, June 29th. Finally, Jefferies Financial Group boosted their price objective on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a "buy" rating in a research report on Friday, June 26th. Thirteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Procter & Gamble currently has an average rating of "Moderate Buy" and an average target price of $161.19.

Insider Buying and Selling at Procter & Gamble

In other news, insider Susan Street Whaley sold 2,238 shares of the business's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $321,802.02. Following the completion of the sale, the insider owned 26,989 shares in the company, valued at approximately $3,880,748.31. The trade was a 7.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the business's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $145.24, for a total transaction of $52,141.16. Following the completion of the sale, the chief accounting officer owned 1,271 shares of the company's stock, valued at approximately $184,600.04. This represents a 22.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 6,627 shares of company stock valued at $953,417. Company insiders own 0.20% of the company's stock.

Procter & Gamble Profile

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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