Jones Financial Companies Lllp Has $114.51 Million Stake in Procter & Gamble Company (The) $PG

Key Points

• Jones Financial Companies Lllp increased its stake in Procter & Gamble by 27.7%, owning a total of 679,906 shares worth approximately $114.51 million as of the end of the most recent quarter.
• Recent insider sales included CEO Ma. Fatima Francisco and another senior executive selling over 17,000 shares combined, resulting in significant decreases of their stock holdings.
• Analysts have mixed forecasts for Procter & Gamble, with price targets ranging from $170.00 to $180.00 and an overall consensus rating of "Moderate Buy".

Jones Financial Companies Lllp lifted its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 27.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 679,906 shares of the company's stock after buying an additional 147,618 shares during the period. Jones Financial Companies Lllp's holdings in Procter & Gamble were worth $114,512,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Silicon Valley Capital Partners boosted its holdings in Procter & Gamble by 78.4% during the 1st quarter. Silicon Valley Capital Partners now owns 728 shares of the company's stock worth $122,000 after acquiring an additional 320 shares during the last quarter. Strs Ohio purchased a new position in Procter & Gamble during the 1st quarter worth $118,035,000. Wealth Management Associates Inc. boosted its holdings in Procter & Gamble by 2.7% during the 1st quarter. Wealth Management Associates Inc. now owns 9,489 shares of the company's stock worth $1,617,000 after acquiring an additional 253 shares during the last quarter. Jacobi Capital Management LLC boosted its holdings in Procter & Gamble by 4.3% during the 1st quarter. Jacobi Capital Management LLC now owns 37,007 shares of the company's stock worth $6,307,000 after acquiring an additional 1,539 shares during the last quarter. Finally, Mattson Financial Services LLC boosted its holdings in Procter & Gamble by 9.0% during the 1st quarter. Mattson Financial Services LLC now owns 20,892 shares of the company's stock worth $3,560,000 after acquiring an additional 1,728 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Ma. Fatima Francisco sold 9,100 shares of the company's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,431,157.00. Following the sale, the chief executive officer directly owned 27,295 shares in the company, valued at $4,292,684.65. This represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jennifer L. Davis sold 8,596 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,351,892.92. Following the sale, the chief executive officer owned 64,991 shares in the company, valued at approximately $10,221,134.57. This represents a 11.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of analyst reports. Evercore ISI reaffirmed an "in-line" rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Wells Fargo & Company cut their price target on shares of Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. 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 report on Friday, July 25th. Finally, BNP Paribas reissued an "outperform" rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $175.12.

Procter & Gamble Price Performance

NYSE PG opened at $158.02 on Friday. The company has a market cap of $369.85 billion, a PE ratio of 24.27, a price-to-earnings-growth ratio of 4.19 and a beta of 0.36. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The firm's 50-day simple moving average is $156.21 and its two-hundred day simple moving average is $161.84.

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

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.7%. Procter & Gamble's dividend payout ratio is currently 64.98%.

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.

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