OMERS ADMINISTRATION Corp Has $16.88 Million Stock Position in Procter & Gamble Company (The) $PG

Key Points

• OMERS ADMINISTRATION Corp reduced its stake in Procter & Gamble by 6.8%, owning 99,040 shares valued at approximately $16.88 million after selling 7,170 shares in the first quarter.
• Procter & Gamble reported $1.48 earnings per share for the quarter, surpassing analysts' expectations of $1.42, along with revenues of $20.89 billion, a growth of 1.7% year-over-year.
• The company declared a quarterly dividend of $1.0568 per share, reflecting a 2.7% yield and a payout ratio of 64.98%.

OMERS ADMINISTRATION Corp cut its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 6.8% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 99,040 shares of the company's stock after selling 7,170 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Procter & Gamble were worth $16,878,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Unique Wealth LLC increased its position in Procter & Gamble by 2.9% during the 1st quarter. Unique Wealth LLC now owns 2,141 shares of the company's stock worth $365,000 after purchasing an additional 61 shares in the last quarter. Stableford Capital II LLC grew its stake in shares of Procter & Gamble by 1.1% during 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. increased its holdings in shares of Procter & Gamble by 20.2% during 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 in the last quarter. B & T Capital Management DBA Alpha Capital Management lifted its stake in shares of Procter & Gamble by 2.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company's stock valued at $476,000 after acquiring an additional 63 shares during the last quarter. Finally, Kolinsky Wealth Management LLC boosted its holdings in shares of Procter & Gamble by 1.1% during the 4th quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company's stock valued at $962,000 after acquiring an additional 64 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on PG shares. Redburn Partners set a $161.00 target price on Procter & Gamble in a report on Thursday, May 1st. Piper Sandler upped their price objective on Procter & Gamble from $160.00 to $164.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the company a "buy" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. reissued a "neutral" rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Finally, Evercore ISI reaffirmed an "in-line" rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven 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 $175.94.

Procter & Gamble Stock Performance

Shares of PG stock opened at $156.96 on Thursday. The stock has a market capitalization of $367.67 billion, a PE ratio of 24.11, a PEG ratio of 4.12 and a beta of 0.37. The business's 50 day simple moving average is $156.63 and its 200 day simple moving average is $162.72. 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 Company has a one year low of $149.91 and a one year high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $20.79 billion. During the same quarter in the previous year, the company earned $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. As a group, research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given 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 yield of 2.7%. Procter & Gamble's dividend payout ratio is 64.98%.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of the business's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the transaction, the chief executive officer directly owned 34,978 shares of the company's stock, valued at $5,532,120.48. The trade was a 22.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Andre Schulten sold 11,638 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,830,308.26. Following the sale, the chief financial officer owned 52,642 shares in the company, valued at approximately $8,279,007.34. The trade was a 18.11% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 119,181 shares of company stock worth $18,761,172. Corporate insiders own 0.18% of the company's stock.

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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