Addison Capital Co Has $8.74 Million Stake in Procter & Gamble Company (The) $PG

Key Points

• Addison Capital Co has reduced its stake in Procter & Gamble by 4.6%, now holding 51,295 shares, which represents approximately 3.4% of its overall portfolio valued at $8,742,000.
• Procter & Gamble reported quarterly earnings of $1.48 per share, exceeding analysts' expectations of $1.42, with a revenue of $20.89 billion for the quarter.
• The company announced a quarterly dividend of $1.0568 per share, reflecting an annual yield of 2.7% and a dividend payout ratio of 64.98%.

Addison Capital Co decreased its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 4.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 51,295 shares of the company's stock after selling 2,461 shares during the quarter. Procter & Gamble makes up 3.4% of Addison Capital Co's portfolio, making the stock its 5th biggest position. Addison Capital Co's holdings in Procter & Gamble were worth $8,742,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PG. Capital A Wealth Management LLC bought a new stake in Procter & Gamble in the fourth quarter valued at about $31,000. Quarry LP bought a new stake in Procter & Gamble in the first quarter valued at about $33,000. 10Elms LLP bought a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $34,000. Sunbeam Capital Management LLC bought a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $34,000. Finally, Mizuho Securities Co. Ltd. grew its holdings in shares of Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after purchasing an additional 170 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Price Performance

Shares of NYSE:PG traded down $0.61 on Friday, reaching $158.02. 5,956,120 shares of the company traded hands, compared to its average volume of 6,033,143. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The company's 50 day moving average is $156.21 and its 200-day moving average is $161.84. The stock has a market capitalization of $369.85 billion, a PE ratio of 24.27, a P/E/G ratio of 4.19 and a beta of 0.36. 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 (NYSE:PG - Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the previous year, the business earned $1.40 EPS. The company'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. As a group, analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a $1.0568 dividend. 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 2.7%. Procter & Gamble's dividend payout ratio is 64.98%.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the transaction, the chief executive officer directly owned 319,375 shares of the company's stock, valued at $50,228,106.25. This represents a 11.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Marc S. Pritchard sold 9,849 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the transaction, the insider directly owned 182,422 shares in the company, valued at $28,689,507.94. The trade was a 5.12% 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 valued at $18,918,012 in the last three months. Company insiders own 0.20% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PG shares. BNP Paribas reiterated an "outperform" rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Wells Fargo & Company reduced their price objective on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Finally, Barclays set a $164.00 target price on Procter & Gamble and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. One 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. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $175.12.

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.