Procter & Gamble Company (The) $PG is BCS Wealth Management's 3rd Largest Position

Key Points

• BCS Wealth Management significantly increased its stake in Procter & Gamble by 814.7% in the 2nd quarter, now owning approximately 3.3% of its investment portfolio, valued at $15.43 million.
• Procter & Gamble reported a quarterly EPS of $1.48, exceeding analysts' expectations, and achieved a net margin of 18.95% with revenues of $20.89 billion.
• The firm recently declared a quarterly dividend of $1.0568 per share, representing an annualized dividend of $4.23 and a yield of 2.8%.

BCS Wealth Management grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 814.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,853 shares of the company's stock after buying an additional 86,264 shares during the period. Procter & Gamble accounts for about 3.3% of BCS Wealth Management's investment portfolio, making the stock its 3rd largest position. BCS Wealth Management's holdings in Procter & Gamble were worth $15,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the 1st quarter valued at about $26,000. Capital A Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter worth about $31,000. Quarry LP bought a new position in Procter & Gamble during the first quarter valued at approximately $33,000. Mizuho Securities Co. Ltd. grew its holdings in Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after buying an additional 170 shares in the last quarter. 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 worth $42,000 after acquiring an additional 82 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Performance

PG stock opened at $152.57 on Wednesday. The firm has a market cap of $357.08 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 4.04 and a beta of 0.36. Procter & Gamble Company has a twelve month low of $149.91 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 business's fifty day simple moving average is $156.14 and its two-hundred day simple moving average is $160.97.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 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 analysts' expectations of $20.79 billion. During the same period in the prior year, the business posted $1.40 earnings per share. The business'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. Analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current 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 dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's payout ratio is currently 64.82%.

Analyst Ratings Changes

PG has been the subject of a number of recent research reports. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the company a "buy" rating in a report on Wednesday, July 30th. Wells Fargo & Company reduced their target price on shares of Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Evercore ISI restated an "in-line" rating and set a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. BNP Paribas reiterated an "outperform" rating and issued a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Berenberg Bank upped their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a research report on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of "Moderate Buy" and a consensus target price of $173.94.

Insider Buying and Selling

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of the firm's stock in a transaction on Tuesday, August 19th. The stock was 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 in the company, valued at $50,228,106.25. This trade represents a 11.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the sale, the chief executive officer directly owned 34,978 shares of the company's stock, valued at approximately $5,532,120.48. This trade represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock valued at $18,918,012 over the last 90 days. 0.20% of the stock is owned by insiders.

Procter & Gamble 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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