Legal & General Group Plc Acquires 189,968 Shares of Procter & Gamble Company (The) $PG

Key Points

• Legal & General boosted its Procter & Gamble stake by 189,968 shares (a 1.2% increase) to 16,556,061 shares, representing about 0.71% of P&G and worth roughly $2.54 billion.
• Insiders have been net sellers — Chairman Jon R. Moeller sold 162,232 shares (~$26.35M) and insiders sold 348,618 shares (~$55.46M) in the last 90 days, leaving insiders with 0.20% ownership.
• Wall Street rates P&G a consensus "Moderate Buy" (14 Buys, 7 Holds) with a $168.33 target; the company slightly beat quarterly EPS, issued FY2026 guidance of 6.83–7.09 EPS, and pays a ~2.7% dividend yield.

Legal & General Group Plc boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,556,061 shares of the company's stock after acquiring an additional 189,968 shares during the period. Procter & Gamble accounts for about 0.6% of Legal & General Group Plc's investment portfolio, making the stock its 21st largest holding. Legal & General Group Plc owned about 0.71% of Procter & Gamble worth $2,543,839,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Czech National Bank grew its position in Procter & Gamble by 3.8% during the 3rd quarter. Czech National Bank now owns 594,914 shares of the company's stock valued at $91,409,000 after purchasing an additional 21,825 shares during the last quarter. Westerkirk Capital Inc. purchased a new position in Procter & Gamble in the second quarter worth about $4,796,000. Vega Investment Solutions lifted its stake in shares of Procter & Gamble by 1.3% in the second quarter. Vega Investment Solutions now owns 638,400 shares of the company's stock worth $101,710,000 after buying an additional 8,500 shares in the last quarter. Triodos Investment Management BV lifted its stake in shares of Procter & Gamble by 7.3% in the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company's stock worth $39,195,000 after buying an additional 17,400 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in shares of Procter & Gamble during the second quarter valued at approximately $7,891,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Insider Buying and Selling

In other Procter & Gamble news, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm's stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the transaction, the insider directly owned 44,735 shares of the company's stock, valued at approximately $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Jon R. Moeller sold 162,232 shares of the business's stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total value of $26,354,588.40. Following the sale, the chairman owned 319,385 shares of the company's stock, valued at approximately $51,884,093.25. This represents a 33.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 348,618 shares of company stock valued at $55,462,643 in the last 90 days. Insiders own 0.20% of the company's stock.

Wall Street Analysts Forecast Growth

PG has been the subject of a number of recent analyst reports. TD Cowen lowered shares of Procter & Gamble from a "buy" rating to a "hold" rating and boosted their price objective for the stock from $150.00 to $156.00 in a report on Tuesday, January 27th. Piper Sandler initiated coverage on Procter & Gamble in a research note on Wednesday, January 7th. They set a "neutral" rating and a $150.00 target price on the stock. Jefferies Financial Group raised Procter & Gamble from a "hold" rating to a "buy" rating and lifted their target price for the stock from $156.00 to $179.00 in a report on Tuesday, December 16th. Dbs Bank upgraded Procter & Gamble from a "hold" rating to a "buy" rating in a research note on Friday, January 23rd. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and set a $177.00 price target on shares of Procter & Gamble in a report on Tuesday, February 17th. Fourteen investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat, Procter & Gamble presently has a consensus rating of "Moderate Buy" and a consensus price target of $168.33.

Procter & Gamble Trading Up 1.1%

Shares of PG stock opened at $155.33 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. The stock has a market capitalization of $360.98 billion, a P/E ratio of 23.01, a P/E/G ratio of 5.13 and a beta of 0.37. The firm's 50 day moving average is $152.56 and its 200 day moving average is $151.08.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.02. The business had revenue of $22.21 billion during the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The company's quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble's dividend payout ratio is currently 62.67%.

Procter & Gamble Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.