AG2R LA Mondiale Gestion D Actifs Acquires New Position in Procter & Gamble Company (The) $PG

Key Points

• AG2R LA Mondiale Gestion D Actifs has acquired a new position in Procter & Gamble, purchasing 117,467 shares valued at approximately $19.96 million, making it the firm's 14th largest holding.
• Procter & Gamble reported a quarterly earnings per share of $1.48, exceeding the consensus estimate of $1.42, and its revenue rose by 1.7% year-over-year.
• The company declared a quarterly dividend of $1.0568 per share, reflecting a 2.7% dividend yield with a payout ratio of 64.82%.

AG2R LA Mondiale Gestion D Actifs acquired a new stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 117,467 shares of the company's stock, valued at approximately $19,956,000. Procter & Gamble makes up about 1.1% of AG2R LA Mondiale Gestion D Actifs' holdings, making the stock its 14th largest holding.

A number of other large investors have also bought and sold shares of PG. Nova Wealth Management Inc. purchased a new position in Procter & Gamble in the 1st quarter worth approximately $26,000. Capital A Wealth Management LLC purchased a new position in Procter & Gamble in the 4th quarter worth approximately $31,000. Quarry LP purchased a new position in Procter & Gamble in the 1st quarter worth approximately $33,000. 10Elms LLP purchased a new position in Procter & Gamble in the 4th quarter worth approximately $34,000. Finally, Sunbeam Capital Management LLC purchased a new position in Procter & Gamble in the 4th quarter worth approximately $34,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Trading Up 0.8%

NYSE PG opened at $158.63 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The firm has a market capitalization of $371.27 billion, a PE ratio of 24.37, a P/E/G ratio of 4.15 and a beta of 0.36. The stock's 50 day moving average is $156.26 and its 200 day moving average is $162.00.

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

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.7%. Procter & Gamble's payout ratio is currently 64.82%.

Insider Activity at Procter & Gamble

In related news, insider Susan Street Whaley sold 1,000 shares of Procter & Gamble stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $156.84, for a total transaction of $156,840.00. Following the sale, the insider directly owned 28,436 shares in the company, valued at $4,459,902.24. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the business's stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. This trade represents a 22.57% 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 valued at $18,918,012 over the last ninety days. Insiders own 0.20% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PG. BNP Paribas reaffirmed an "outperform" rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Wells Fargo & Company decreased their price target on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 30th. UBS Group set a $180.00 target price on Procter & Gamble and gave the company a "buy" rating in a research note on Wednesday, July 30th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, Barclays set a $164.00 target price on Procter & Gamble and gave the company an "equal weight" rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target 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.

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