Dohj LLC Has $2.06 Million Holdings in Procter & Gamble Company (The) $PG

Key Points

• Dohj LLC increased its holdings in Procter & Gamble by 44.1% to a total value of approximately $2.06 million by acquiring additional shares in the second quarter.
• Insider Marc S. Pritchard and CEO Jon R. Moeller sold significant amounts of stock on August 19th, 2023, with combined sales valued at over $7.8 million.
• Procter & Gamble reported a revenue of $20.89 billion for the latest quarter, surpassing analysts' expectations, while earnings per share (EPS) rose to $1.48, exceeding the consensus estimate.

Dohj LLC raised its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 44.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,401 shares of the company's stock after acquiring an additional 3,797 shares during the period. Dohj LLC's holdings in Procter & Gamble were worth $2,055,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of PG. Brighton Jones LLC raised its stake in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock worth $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. raised its stake in Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company's stock worth $493,000 after acquiring an additional 277 shares in the last quarter. Wedge Capital Management L L P NC raised its stake in Procter & Gamble by 2.9% during the first quarter. Wedge Capital Management L L P NC now owns 4,138 shares of the company's stock worth $705,000 after acquiring an additional 116 shares in the last quarter. GAMMA Investing LLC raised its stake in Procter & Gamble by 22.4% during the first quarter. GAMMA Investing LLC now owns 46,658 shares of the company's stock worth $7,951,000 after acquiring an additional 8,537 shares in the last quarter. Finally, Atwood & Palmer Inc. grew its holdings in shares of Procter & Gamble by 0.9% during the first quarter. Atwood & Palmer Inc. now owns 22,463 shares of the company's stock worth $3,828,000 after purchasing an additional 205 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 shares of the business's stock in a transaction that occurred 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 approximately $28,689,507.94. The trade was a 5.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jon R. Moeller sold 40,119 shares of the business'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 $6,309,515.13. Following the completion of the transaction, the chief executive officer directly owned 319,375 shares in the company, valued at approximately $50,228,106.25. This trade represents a 11.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is owned by insiders.

Procter & Gamble Stock Performance

Shares of PG stock opened at $150.67 on Thursday. The business's 50 day simple moving average is $155.26 and its 200 day simple moving average is $159.72. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The stock has a market capitalization of $352.64 billion, a PE ratio of 23.14, a PEG ratio of 4.05 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 EPS 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 business had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.79 billion. During the same period in the prior year, the business 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. As a group, research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PG. Bank of America reduced their price target on Procter & Gamble from $180.00 to $174.00 and set a "buy" rating on the stock in a report on Wednesday. Weiss Ratings restated a "hold (c+)" rating on shares of Procter & Gamble in a report on Wednesday. BNP Paribas restated an "outperform" rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. BNP Paribas Exane reduced their price target on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating on the stock in a report on Tuesday, September 23rd. Finally, Barclays reduced their price target on Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating on the stock in a report on Wednesday, October 1st. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $172.58.

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.

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.