Foster & Motley Inc. Has $9.95 Million Stock Position in Procter & Gamble Company (The) $PG

Key Points

• Foster & Motley Inc. has reduced its stake in Procter & Gamble by 7.6%, now holding 62,465 shares valued at approximately $9.95 million.
• Several institutional investors, including Mizuho Securities and Signature Resources, have recently increased their positions in Procter & Gamble, reflecting growing interest from the investment community.
• The company announced a quarterly dividend of $1.0568 per share, with a dividend yield of 2.8%, payable on November 17th to shareholders of record on October 24th.

Foster & Motley Inc. reduced its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 7.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,465 shares of the company's stock after selling 5,106 shares during the quarter. Foster & Motley Inc.'s holdings in Procter & Gamble were worth $9,952,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in Procter & Gamble in the 1st quarter valued at about $26,000. Signature Resources Capital Management LLC boosted its position in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock worth $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP acquired a new position in Procter & Gamble during the first quarter worth about $33,000. Mizuho Securities Co. Ltd. boosted its position in Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after buying an additional 170 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new stake in Procter & Gamble during the 2nd quarter worth $37,000. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Transactions at Procter & Gamble

In other news, CFO Andre Schulten sold 11,638 shares of the business'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 $1,830,308.26. Following the completion of the transaction, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. The trade was a 18.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 transaction, the chief executive officer directly owned 319,375 shares in the company, valued at $50,228,106.25. The trade was a 11.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PG. UBS Group lowered their price objective on Procter & Gamble from $180.00 to $176.00 and set a "buy" rating for the company in a research report on Wednesday, October 8th. 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. Barclays cut their target price 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. Berenberg Bank raised their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a research report on Wednesday, September 17th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and a consensus target price of $172.21.

Procter & Gamble Trading Up 1.3%

Shares of PG opened at $151.53 on Friday. The firm's 50 day simple moving average is $154.92 and its 200 day simple moving average is $158.84. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The company has a market capitalization of $354.66 billion, a P/E ratio of 23.28, a P/E/G ratio of 3.97 and a beta of 0.36. Procter & Gamble Company has a 1-year low of $146.96 and a 1-year high of $180.43.

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 the consensus estimate of $1.42 by $0.06. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company's quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble's payout ratio is 64.82%.

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.

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