AQR Capital Management LLC Has $244.57 Million Holdings in Procter & Gamble Company (The) $PG

Key Points

• AQR Capital Management LLC increased its stake in Procter & Gamble by 6.2% during the 1st quarter, owning approximately 1,439,430 shares valued at $244.57 million.
• Insider sales have occurred recently, with Susan Street Whaley selling 1,000 shares and CEO Sundar G. Raman selling 9,554 shares, both representing significant decreases in their respective holdings.
• Procter & Gamble's stock received various price target adjustments from analysts, with a consensus target price currently set at $175.12 and ratings ranging from "Strong Buy" to "Hold."

AQR Capital Management LLC boosted its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 6.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,439,430 shares of the company's stock after buying an additional 83,640 shares during the period. AQR Capital Management LLC owned approximately 0.06% of Procter & Gamble worth $244,573,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of PG. Capital A Wealth Management LLC acquired a new position in Procter & Gamble in the 4th quarter valued at about $31,000. Quarry LP acquired a new position in shares of Procter & Gamble during the 1st quarter worth approximately $33,000. 10Elms LLP acquired a new position in shares of Procter & Gamble during the 4th quarter worth approximately $34,000. Sunbeam Capital Management LLC acquired a new position in shares of Procter & Gamble during the 4th quarter worth approximately $34,000. Finally, Mizuho Securities Co. Ltd. grew its position in shares of Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock worth $34,000 after purchasing an additional 170 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on PG shares. Wells Fargo & Company decreased their target price on shares of Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Barclays set a $164.00 target price on shares of Procter & Gamble and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. BNP Paribas restated an "outperform" rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, JPMorgan Chase & Co. reiterated a "neutral" rating and set a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $175.12.

Insider Activity

In other news, CEO Gary A. Coombe sold 10,194 shares of the firm's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the transaction, the chief executive officer owned 34,978 shares of the company's stock, valued at approximately $5,532,120.48. This trade represents a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andre Schulten sold 11,638 shares of the firm's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares of the company's stock, valued at $8,279,007.34. The trade was a 18.11% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 120,181 shares of company stock valued at $18,918,012. 0.18% of the stock is currently owned by company insiders.

Procter & Gamble Price Performance

NYSE:PG traded up $0.89 on Friday, hitting $160.08. The company had a trading volume of 6,435,480 shares, compared to its average volume of 6,113,774. The stock has a market capitalization of $374.65 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 4.20 and a beta of 0.36. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The firm has a 50 day moving average of $156.41 and a two-hundred day moving average of $162.28. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43.

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

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.6%. Procter & Gamble's dividend payout ratio (DPR) is presently 64.82%.

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.