Intact Investment Management Inc. Acquires 41,400 Shares of Procter & Gamble Company (The) $PG

Key Points

• Intact Investment Management boosted its stake in Procter & Gamble by 50.0% in Q4, acquiring 41,400 shares to hold 124,200 shares valued at $17,799,000.
• Company insiders have been net sellers, offloading a total of 252,715 shares (~$40.97 million) over the past three months, including CEO Ma. Fatima Francisco's sale of 8,000 shares; insiders now own 0.20% of the stock.
• Procter & Gamble raised its quarterly dividend to $1.0885 (from $1.06), equivalent to a $4.35 annualized payout and roughly a 3.0% yield, with an ex-dividend date of April 24 and payment on May 15.

Intact Investment Management Inc. grew its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 50.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 124,200 shares of the company's stock after acquiring an additional 41,400 shares during the quarter. Intact Investment Management Inc.'s holdings in Procter & Gamble were worth $17,799,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of PG. Triodos Investment Management BV lifted its position in Procter & Gamble by 7.3% during the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company's stock worth $39,195,000 after purchasing an additional 17,400 shares during the period. Vanguard Group Inc. lifted its position in Procter & Gamble by 0.6% during the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company's stock worth $36,050,992,000 after purchasing an additional 1,419,322 shares during the period. Strengthening Families & Communities LLC lifted its position in Procter & Gamble by 820.6% during the third quarter. Strengthening Families & Communities LLC now owns 14,803 shares of the company's stock worth $2,308,000 after purchasing an additional 13,195 shares during the period. Heritage Wealth Management Inc. lifted its position in Procter & Gamble by 32.7% during the third quarter. Heritage Wealth Management Inc. now owns 150,814 shares of the company's stock worth $23,173,000 after purchasing an additional 37,198 shares during the period. Finally, Turtle Creek Wealth Advisors LLC lifted its position in Procter & Gamble by 21.5% during the third quarter. Turtle Creek Wealth Advisors LLC now owns 84,512 shares of the company's stock worth $12,985,000 after purchasing an additional 14,954 shares during the period. Institutional investors own 65.77% of the company's stock.

Insider Buying and Selling

In other news, CEO Ma. Fatima Francisco sold 8,000 shares of the company's stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $158.00, for a total value of $1,264,000.00. Following the completion of the transaction, the chief executive officer owned 6,571 shares of the company's stock, valued at $1,038,218. This represents a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the company's stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $162.28, for a total value of $2,461,625.32. Following the completion of the transaction, the insider directly owned 44,735 shares of the company's stock, valued at $7,259,595.80. This represents a 25.32% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 252,715 shares of company stock valued at $40,966,904 over the last three months. Insiders own 0.20% of the company's stock.

Procter & Gamble Stock Up 0.1%

Shares of NYSE PG opened at $147.44 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The company has a market cap of $343.34 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 6.31 and a beta of 0.41. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $170.99. The stock has a 50-day moving average price of $149.44 and a two-hundred day moving average price of $148.62.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The firm had revenue of $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts forecast that Procter & Gamble Company will post 6.92 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be paid a $1.0885 dividend. This is an increase from Procter & Gamble's previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, April 24th. Procter & Gamble's payout ratio is currently 63.60%.

Wall Street Analysts Forecast Growth

PG has been the subject of several recent analyst reports. Dbs Bank raised shares of Procter & Gamble from a "hold" rating to a "buy" rating in a research report on Friday, January 23rd. Morgan Stanley cut their price objective on shares of Procter & Gamble from $175.00 to $166.00 and set an "overweight" rating for the company in a research report on Wednesday, April 22nd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Procter & Gamble in a research report on Friday, March 27th. BNP Paribas Exane cut their price objective on shares of Procter & Gamble from $172.00 to $165.00 and set an "outperform" rating for the company in a research report on Thursday, April 23rd. Finally, Bank of America lowered their target price on Procter & Gamble from $171.00 to $167.00 and set a "buy" rating for the company in a research note on Friday, April 10th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $161.06.

Procter & Gamble Profile

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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