Liberty One Investment Management LLC Has $29.70 Million Holdings in Procter & Gamble Company (The) $PG

Key Points

• Liberty One Investment Management LLC increased its holdings in Procter & Gamble Company by 4.1% to 186,420 shares, valued at approximately $29.7 million, making it the firm's 11th largest position.
• Procter & Gamble reported a quarterly earnings per share of $1.48, exceeding estimates, with revenues reaching $20.89 billion, up 1.7% year-over-year.
• The company announced a $1.0568 per share quarterly dividend, with an ex-dividend date set for October 24th and an annualized yield of 2.8%.

Liberty One Investment Management LLC boosted its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 4.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,420 shares of the company's stock after buying an additional 7,392 shares during the quarter. Procter & Gamble makes up about 3.0% of Liberty One Investment Management LLC's investment portfolio, making the stock its 11th largest position. Liberty One Investment Management LLC's holdings in Procter & Gamble were worth $29,700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the business. Mid American Wealth Advisory Group Inc. bought a new position in Procter & Gamble in the 2nd quarter valued at $34,000. Klingman & Associates LLC increased its holdings in Procter & Gamble by 13.9% in the second quarter. Klingman & Associates LLC now owns 13,801 shares of the company's stock valued at $2,199,000 after purchasing an additional 1,684 shares during the last quarter. Pittenger & Anderson Inc. increased its holdings in Procter & Gamble by 0.9% in the second quarter. Pittenger & Anderson Inc. now owns 30,529 shares of the company's stock valued at $4,864,000 after purchasing an additional 262 shares during the last quarter. Phoenix Financial Ltd. grew its stake in Procter & Gamble by 20.3% in the second quarter. Phoenix Financial Ltd. now owns 45,154 shares of the company's stock valued at $7,194,000 after acquiring an additional 7,619 shares during the period. Finally, WESPAC Advisors SoCal LLC grew its stake in Procter & Gamble by 17.7% in the second quarter. WESPAC Advisors SoCal LLC now owns 50,617 shares of the company's stock valued at $8,064,000 after acquiring an additional 7,619 shares during the period. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $151.98 on Tuesday. Procter & Gamble Company has a one year low of $146.96 and a one year high of $180.43. The firm has a market capitalization of $355.72 billion, a price-to-earnings ratio of 23.35, a PEG ratio of 4.02 and a beta of 0.36. The business has a 50-day simple moving average of $154.86 and a 200 day simple moving average of $158.59. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period in the previous year, the company posted $1.40 EPS. The company's revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

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 given a dividend of $1.0568 per share. The ex-dividend date is Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble's dividend payout ratio is currently 64.82%.

Insider Activity

In related news, CFO Andre Schulten sold 4,252 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $647,281.96. Following the transaction, the chief financial officer owned 53,992 shares of the company's stock, valued at $8,219,202.16. This represents a 7.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Balaji Purushothaman sold 490 shares of the firm's stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $74,592.70. Following the transaction, the insider directly owned 12,616 shares in the company, valued at $1,920,533.68. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over 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 corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on PG shares. Raymond James Financial reduced their price objective on Procter & Gamble from $185.00 to $175.00 and set an "outperform" rating for the company in a research report on Monday. BNP Paribas Exane lowered their target price on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 23rd. BNP Paribas restated an "outperform" rating and set a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Evercore ISI restated an "in-line" rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Finally, JPMorgan Chase & Co. decreased their price target on Procter & Gamble from $170.00 to $163.00 and set a "neutral" rating on the stock in a research note on Friday, October 10th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $171.68.

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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