Procter & Gamble Company (The) $PG Position Boosted by Plancorp LLC

Key Points

• Plancorp LLC increased its stake in Procter & Gamble by 7.1%, acquiring an additional 2,578 shares during the first quarter, bringing its total holdings to 39,015 shares valued at approximately $6.65 million.
• Procter & Gamble's recent quarterly earnings report showed an EPS of $1.48, exceeding estimates and marking a 1.7% year-over-year revenue increase, totaling $20.89 billion.
• As of the latest reports, 65.77% of Procter & Gamble’s stock is owned by institutional investors, indicating strong institutional interest in the company.

Plancorp LLC raised its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 7.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 39,015 shares of the company's stock after acquiring an additional 2,578 shares during the period. Plancorp LLC's holdings in Procter & Gamble were worth $6,649,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. New England Asset Management Inc. raised its holdings in Procter & Gamble by 0.7% in the 1st quarter. New England Asset Management Inc. now owns 46,095 shares of the company's stock valued at $7,856,000 after acquiring an additional 305 shares during the last quarter. NFJ Investment Group LLC acquired a new position in Procter & Gamble in the 1st quarter valued at $2,732,000. National Wealth Management Group LLC increased its holdings in shares of Procter & Gamble by 5.5% during the 1st quarter. National Wealth Management Group LLC now owns 9,777 shares of the company's stock worth $1,666,000 after buying an additional 512 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Procter & Gamble by 4.3% during the 1st quarter. NewEdge Advisors LLC now owns 282,736 shares of the company's stock worth $48,184,000 after buying an additional 11,693 shares during the last quarter. Finally, Nippon Life Global Investors Americas Inc. increased its holdings in shares of Procter & Gamble by 117.2% during the 1st quarter. Nippon Life Global Investors Americas Inc. now owns 9,970 shares of the company's stock worth $1,699,000 after buying an additional 5,380 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Down 0.6%

Procter & Gamble stock traded down $0.90 during trading on Monday, reaching $159.12. 7,175,827 shares of the company's stock were exchanged, compared to its average volume of 6,145,017. The company's 50-day moving average is $156.41 and its two-hundred day moving average is $162.14. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The firm has a market cap of $372.42 billion, a price-to-earnings ratio of 24.44, a PEG ratio of 4.22 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 earnings per share 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 during the quarter, compared to analysts' expectations of $20.79 billion. During the same period in the prior year, the company earned $1.40 EPS. The firm's revenue 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, analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's dividend payout ratio is presently 64.82%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PG. BNP Paribas restated an "outperform" rating and set a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. JPMorgan Chase & Co. restated a "neutral" rating and set a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. UBS Group set a $180.00 price objective on Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. Wells Fargo & Company dropped their price objective on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a report on Wednesday, July 30th. Finally, Barclays set a $164.00 price objective on Procter & Gamble and gave the stock an "equal weight" rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $175.12.

Insider Buying and Selling

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 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 $1,548,952.23. Following the completion of the transaction, the insider directly owned 182,422 shares of the company's stock, valued at $28,689,507.94. This represents a 5.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Shailesh Jejurikar sold 13,039 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 transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer directly owned 28,036 shares of the company's stock, valued at approximately $4,409,221.72. The trade was a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock worth $18,918,012 over the last quarter. Company insiders own 0.18% 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.