Meiji Yasuda Life Insurance Co Grows Stock Holdings in Procter & Gamble Company (The) $PG

Key Points

• Meiji Yasuda Life Insurance Co increased its stake in Procter & Gamble by 4.5%, holding 79,168 shares valued at $13.49 million as of the latest filing.
• Insider transactions show that CEO Ma. Fatima Francisco and others sold significant amounts of shares, resulting in a notable decrease in their ownership percentages.
• Analysts have set various price targets for Procter & Gamble, with current average ratings reflecting a "Moderate Buy" and an average price target of $175.12.

Meiji Yasuda Life Insurance Co boosted its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 4.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,168 shares of the company's stock after buying an additional 3,426 shares during the period. Meiji Yasuda Life Insurance Co's holdings in Procter & Gamble were worth $13,492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Unique Wealth LLC raised its holdings in shares of Procter & Gamble by 2.9% in the first quarter. Unique Wealth LLC now owns 2,141 shares of the company's stock worth $365,000 after buying an additional 61 shares during the last quarter. Stableford Capital II LLC raised its holdings in shares of Procter & Gamble by 1.1% in the first quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock worth $993,000 after buying an additional 61 shares during the last quarter. Bernard Wealth Management Corp. raised its holdings in shares of Procter & Gamble by 20.2% in the first quarter. Bernard Wealth Management Corp. now owns 375 shares of the company's stock worth $64,000 after buying an additional 63 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management raised its holdings in shares of Procter & Gamble by 2.3% in the first quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company's stock worth $476,000 after buying an additional 63 shares during the last quarter. Finally, Kolinsky Wealth Management LLC raised its holdings in shares of Procter & Gamble by 1.1% in the fourth quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company's stock worth $962,000 after buying an additional 64 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 9,100 shares of the business's stock in a transaction dated 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 sale, the chief executive officer owned 27,295 shares of the company's stock, valued at $4,292,684.65. The trade was a 25.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sundar G. Raman sold 9,554 shares of the company's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the sale, the chief executive officer directly owned 41,886 shares of the company's stock, valued at $6,624,689.76. The trade was a 18.57% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 120,181 shares of company stock valued at $18,918,012. Corporate insiders own 0.20% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on PG. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the stock an "equal weight" rating in a report on Thursday, July 31st. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. Evercore ISI reissued an "in-line" rating and set a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $170.00 target price (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Finally, BNP Paribas reissued an "outperform" rating and set a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $175.12.

Procter & Gamble Stock Up 0.6%

PG opened at $160.08 on Monday. 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 debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The company has a fifty day moving average of $156.41 and a two-hundred day moving average of $162.21. The stock has a market capitalization of $374.65 billion, a price-to-earnings ratio of 24.59, a PEG ratio of 4.22 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 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. The company had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.6%. Procter & Gamble's payout ratio is currently 64.98%.

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.

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