Lyell Wealth Management LP Has $926,000 Position in Procter & Gamble Company (The) $PG

Key Points

• Lyell Wealth Management LP increased its stake in Procter & Gamble by 50.5%, owning 5,811 shares worth approximately $926,000 as of the latest SEC filing.
• CEO Jon R. Moeller sold 11,684 shares of Procter & Gamble for over $1.77 million, representing a 3.52% decrease in his holdings.
• Procter & Gamble recently declared a quarterly dividend of $1.0568, with an annualized yield of 2.8%, payable on November 17th to stockholders of record by October 24th.

Lyell Wealth Management LP boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 50.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,811 shares of the company's stock after buying an additional 1,950 shares during the period. Lyell Wealth Management LP's holdings in Procter & Gamble were worth $926,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Nova Wealth Management Inc. purchased a new position in shares of Procter & Gamble during the first quarter valued at approximately $26,000. Signature Resources Capital Management LLC boosted its holdings in Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock worth $28,000 after acquiring an additional 72 shares during the last quarter. Quarry LP bought a new stake in shares of Procter & Gamble in the 1st quarter worth $33,000. RMG Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the second quarter valued at about $37,000. Finally, Quest 10 Wealth Builders Inc. increased its stake in Procter & Gamble by 50.3% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company's stock valued at $42,000 after buying an additional 82 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In related news, CEO Jon R. Moeller sold 11,684 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the sale, the chief executive officer owned 319,932 shares of the company's stock, valued at approximately $48,703,248.36. This represents a 3.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Shailesh Jejurikar sold 3,986 shares of the firm's stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $606,788.78. Following the completion of the transaction, the chief operating officer owned 46,899 shares of the company's stock, valued at approximately $7,139,434.77. This represents a 7.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 149,763 shares of company stock worth $23,421,279 in the last 90 days. 0.20% of the stock is owned by company insiders.

Procter & Gamble Price Performance

PG opened at $151.53 on Monday. The firm has a 50-day moving average price of $154.92 and a 200-day moving average price of $158.67. Procter & Gamble Company has a twelve month low of $146.96 and a twelve month 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 company has a market capitalization of $354.66 billion, a price-to-earnings ratio of 23.28, a PEG ratio of 4.02 and a beta of 0.36.

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, 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 company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same period last year, the firm earned $1.40 EPS. Procter & Gamble'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. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be given a $1.0568 dividend. 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 payout ratio is 64.98%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Evercore ISI reiterated an "in-line" rating and set a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. BNP Paribas Exane decreased their target price on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a research report on Tuesday, September 23rd. Bank of America cut their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a "buy" rating on the stock in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a research note on Thursday, September 25th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Procter & Gamble from $170.00 to $163.00 and set a "neutral" rating on the stock in a report on Friday, October 10th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $172.21.

Procter & Gamble Company 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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