Banque Transatlantique SA Has $6.52 Million Stock Position in Procter & Gamble Company (The) $PG

Key Points

• Banque Transatlantique SA increased its stake in Procter & Gamble by 247.7%, acquiring an additional 29,491 shares to total 41,396 shares valued at approximately $6.5 million.
• Procter & Gamble reported earnings of $1.48 per share for the last quarter, exceeding estimates, with revenues of $20.89 billion, a 1.7% increase year-over-year.
• The company announced a quarterly dividend of $1.0568 per share, representing an annualized yield of 2.7%, with a dividend payout ratio of 64.98%.

Banque Transatlantique SA raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 247.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,396 shares of the company's stock after buying an additional 29,491 shares during the quarter. Banque Transatlantique SA's holdings in Procter & Gamble were worth $6,519,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in PG. Unique Wealth LLC raised its holdings in shares of Procter & Gamble by 2.9% in the first quarter. Unique Wealth LLC now owns 2,141 shares of the company's stock valued at $365,000 after buying an additional 61 shares during the last quarter. Stableford Capital II LLC raised its holdings in shares of Procter & Gamble by 1.1% in the first quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock valued at $993,000 after buying an additional 61 shares during the last quarter. Bernard Wealth Management Corp. raised its holdings in shares of Procter & Gamble by 20.2% in the first quarter. Bernard Wealth Management Corp. now owns 375 shares of the company's stock valued at $64,000 after buying an additional 63 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management raised its holdings in shares of Procter & Gamble by 2.3% in the first quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company's stock valued at $476,000 after buying an additional 63 shares during the last quarter. Finally, Kolinsky Wealth Management LLC increased its position in Procter & Gamble by 1.1% in the fourth quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company's stock worth $962,000 after purchasing an additional 64 shares during the period. Hedge funds and other institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Performance

PG traded down $1.10 during trading hours on Monday, reaching $158.92. The company's stock had a trading volume of 2,731,842 shares, compared to its average volume of 7,992,599. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The company's 50-day moving average is $156.41 and its 200-day moving average is $162.21. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The firm has a market cap of $371.95 billion, a PE ratio of 24.42, a price-to-earnings-growth ratio of 4.22 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share 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 business had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.79 billion. During the same quarter in the prior year, the business earned $1.40 EPS. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

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

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 shares of the company's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,548,952.23. Following the transaction, the insider directly owned 182,422 shares of the company's stock, valued at $28,689,507.94. This represents a 5.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the transaction, the chief executive officer directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Barclays set a $164.00 price objective on Procter & Gamble and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. Evercore ISI restated an "in-line" rating and issued a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. BNP Paribas restated an "outperform" rating and issued a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, UBS Group set a $180.00 price objective on Procter & Gamble and gave the stock a "buy" rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $175.12.

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.