Livforsakringsbolaget Skandia Omsesidigt Raises Position in Procter & Gamble Company (The) $PG

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its stake in Procter & Gamble by 16.9%, acquiring an additional 13,300 shares to hold a total of 91,920 shares worth approximately $14.64 million.
• Procter & Gamble recently reported quarterly earnings of $1.48 EPS, exceeding analysts' estimates and showing a revenue increase of 1.7% year-over-year.
• The company declared a quarterly dividend of $1.0568, representing an annualized yield of 2.7% and indicating a dividend payout ratio of 64.98%.

Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 16.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 91,920 shares of the company's stock after buying an additional 13,300 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Procter & Gamble were worth $14,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in PG. Brighton Jones LLC increased its holdings in shares of Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock worth $6,717,000 after buying an additional 13,617 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of Procter & Gamble by 493.6% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company's stock worth $57,294,000 after purchasing an additional 284,174 shares during the period. Two Sigma Investments LP boosted its position in shares of Procter & Gamble by 2.4% during the 4th quarter. Two Sigma Investments LP now owns 18,133 shares of the company's stock worth $3,040,000 after purchasing an additional 433 shares during the period. Retirement Planning Group LLC boosted its position in shares of Procter & Gamble by 1.4% during the 4th quarter. Retirement Planning Group LLC now owns 4,704 shares of the company's stock worth $789,000 after purchasing an additional 64 shares during the period. Finally, Vise Technologies Inc. boosted its position in shares of Procter & Gamble by 84.5% during the 4th quarter. Vise Technologies Inc. now owns 28,636 shares of the company's stock worth $4,801,000 after purchasing an additional 13,117 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Stock Down 1.8%

NYSE:PG traded down $2.88 during midday trading on Monday, hitting $153.16. 4,996,330 shares of the company were exchanged, compared to its average volume of 7,971,742. The company has a fifty day simple moving average of $156.16 and a 200 day simple moving average of $161.19. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $358.48 billion, a PE ratio of 23.53, a price-to-earnings-growth ratio of 4.12 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the business earned $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, equities 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 declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble's dividend payout ratio (DPR) is currently 64.98%.

Analysts Set New Price Targets

PG has been the subject of a number of research analyst reports. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. BNP Paribas reaffirmed an "outperform" rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Evercore ISI reaffirmed an "in-line" rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Finally, UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the stock a "buy" rating in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, Procter & Gamble presently has a consensus rating of "Moderate Buy" and an average target price of $173.94.

Insider Activity

In other Procter & Gamble news, CEO Jennifer L. Davis sold 8,596 shares of Procter & Gamble stock in a transaction on 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 transaction, the chief executive officer directly owned 64,991 shares in the company, valued at approximately $10,221,134.57. The trade was a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ma. Fatima Francisco sold 9,100 shares of Procter & Gamble stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,431,157.00. Following the completion of the transaction, the chief executive officer owned 27,295 shares in the company, valued at approximately $4,292,684.65. This represents a 25.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock worth $18,918,012 over the last three months. Company insiders own 0.20% of the company's stock.

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.