Koshinski Asset Management Inc. Grows Stock Holdings in Procter & Gamble Company (The) $PG

Key Points

• Koshinski Asset Management Inc. increased its stake in Procter & Gamble by 6.1% during the 2nd quarter, now holding 32,343 shares valued at $5.15 million.
• Several institutional investors have also raised their stakes, with MOKAN Wealth Management and Benjamin Edwards Inc. boosting their holdings significantly in the same period.
• Procter & Gamble declared a quarterly dividend of $1.0568 per share, with a dividend yield of 2.8%, payable on November 17th to shareholders of record by October 24th.

Koshinski Asset Management Inc. raised its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 6.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,343 shares of the company's stock after buying an additional 1,860 shares during the period. Koshinski Asset Management Inc.'s holdings in Procter & Gamble were worth $5,153,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. MOKAN Wealth Management Inc. boosted its position in Procter & Gamble by 13.7% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company's stock valued at $2,442,000 after buying an additional 1,846 shares during the period. Benjamin Edwards Inc. boosted its position in Procter & Gamble by 120.7% in the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company's stock valued at $62,098,000 after buying an additional 199,258 shares during the period. Capital Investment Advisory Services LLC boosted its position in Procter & Gamble by 13.8% in the 1st quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company's stock valued at $6,426,000 after buying an additional 4,562 shares during the period. World Investment Advisors boosted its position in Procter & Gamble by 6.0% in the 1st quarter. World Investment Advisors now owns 50,913 shares of the company's stock valued at $8,677,000 after buying an additional 2,886 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its position in Procter & Gamble by 26.4% in the 1st quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company's stock valued at $20,451,000 after buying an additional 25,059 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on PG. Bank of America lowered their price objective on shares of Procter & Gamble from $180.00 to $174.00 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 price target on shares of Procter & Gamble in a report on Friday, August 15th. Berenberg Bank boosted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a report on Wednesday, September 17th. Wells Fargo & Company reduced their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a report on Thursday, September 25th. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $172.21.

Procter & Gamble Trading Up 1.3%

NYSE PG opened at $151.53 on Friday. 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 has a market cap of $354.66 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 3.97 and a beta of 0.36. The company has a 50 day moving average price of $154.92 and a 200 day moving average price of $158.84. Procter & Gamble Company has a 52 week low of $146.96 and a 52 week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating 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 business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same quarter in the prior year, the business posted $1.40 EPS. Procter & Gamble's revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

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

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, COO Shailesh Jejurikar sold 13,039 shares of the company'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 transaction of $2,050,643.53. Following the transaction, the chief operating officer owned 28,036 shares in the company, valued at approximately $4,409,221.72. This represents a 31.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Marc S. Pritchard sold 9,849 shares of the company'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 transaction of $1,548,952.23. Following the transaction, the insider owned 182,422 shares in the company, valued at $28,689,507.94. The trade was a 5.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,763 shares of company stock worth $23,421,279 in the last three months. 0.20% of the stock is owned by company insiders.

Procter & Gamble 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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