32,337 Shares in Procter & Gamble Company (The) $PG Acquired by FORA Capital LLC

Key Points

• FORA Capital LLC has made a new investment of approximately $5.51 million in Procter & Gamble by purchasing 32,337 shares.
• Procter & Gamble reported an earnings per share (EPS) of $1.48 for the last quarter, exceeding analyst expectations of $1.42.
• The company has announced a quarterly dividend of $1.0568 per share, reflecting a 2.7% yield with a payout ratio of 64.98%.

FORA Capital LLC acquired a new stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 32,337 shares of the company's stock, valued at approximately $5,511,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Navigoe LLC purchased a new position in shares of Procter & Gamble during the 4th quarter worth about $31,000. Capital A Wealth Management LLC bought a new stake in shares of Procter & Gamble in the 4th quarter valued at about $31,000. 10Elms LLP bought a new stake in shares of Procter & Gamble in the 4th quarter valued at about $34,000. Sunbeam Capital Management LLC bought a new stake in shares of Procter & Gamble in the 4th quarter valued at about $34,000. Finally, Mizuho Securities Co. Ltd. raised its stake 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 acquiring an additional 170 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on PG shares. BNP Paribas restated an "outperform" rating and set a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Redburn Partners set a $161.00 price target on shares of Procter & Gamble in a research report on Thursday, May 1st. Barclays set a $164.00 target price on shares of Procter & Gamble and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Wells Fargo & Company dropped 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. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and issued a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Procter & Gamble currently has an average rating of "Moderate Buy" and a consensus target price of $175.12.

Procter & Gamble Stock Performance

Procter & Gamble stock traded up $1.48 during midday trading on Friday, hitting $157.13. 5,317,408 shares of the company's stock were exchanged, compared to its average volume of 8,058,649. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. 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 stock has a market cap of $368.07 billion, a price-to-earnings ratio of 24.14, a price-to-earnings-growth ratio of 4.14 and a beta of 0.37. The firm's 50 day simple moving average is $156.59 and its 200 day simple moving average is $162.63.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter in the previous year, the firm earned $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. Equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business 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 of this dividend was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.7%. Procter & Gamble's dividend payout ratio is 64.98%.

Insider Activity

In other news, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction 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 sale, the chief executive officer owned 319,375 shares of the company's stock, valued at $50,228,106.25. This represents a 11.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Marc S. Pritchard sold 9,849 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 $1,548,952.23. Following the sale, 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 disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock valued at $18,918,012 in the last ninety days. 0.18% of the stock is owned by company insiders.

About Procter & Gamble

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.