Infusive Asset Management Inc. Acquires 15,096 Shares of Procter & Gamble Company (The) $PG

Key Points

• Infusive Asset Management Inc. increased its holdings in Procter & Gamble by 25.3%, owning a total of 74,723 shares valued at approximately $12.73 million.
• Procter & Gamble reported $1.48 EPS for the last quarter, exceeding expectations of $1.42, with total revenue reaching $20.89 billion.
• A quarterly dividend of $1.0568 was recently paid, resulting in an annualized dividend of $4.23 and a yield of 2.7%.

Infusive Asset Management Inc. grew its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 25.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 74,723 shares of the company's stock after purchasing an additional 15,096 shares during the period. Procter & Gamble makes up about 5.9% of Infusive Asset Management Inc.'s holdings, making the stock its 5th biggest position. Infusive Asset Management Inc.'s holdings in Procter & Gamble were worth $12,734,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of PG. Capital A Wealth Management LLC acquired a new stake in Procter & Gamble during the 4th quarter valued at $31,000. Quarry LP acquired a new stake in Procter & Gamble during the 1st quarter valued at $33,000. 10Elms LLP acquired a new stake in Procter & Gamble during the 4th quarter valued at $34,000. Sunbeam Capital Management LLC acquired a new stake in Procter & Gamble during the 4th quarter valued at $34,000. Finally, 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 during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Procter & Gamble

In other news, CEO Jennifer L. Davis sold 8,596 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,351,892.92. Following the sale, the chief executive officer owned 64,991 shares of the company's stock, valued at approximately $10,221,134.57. The trade was a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sundar G. Raman sold 9,554 shares of Procter & Gamble stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,511,060.64. Following the sale, the chief executive officer directly owned 41,886 shares in the company, valued at approximately $6,624,689.76. This trade represents a 18.57% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 120,181 shares of company stock valued at $18,918,012. Company insiders own 0.20% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on PG shares. Wells Fargo & Company cut their target price on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 30th. UBS Group set a $180.00 price objective on Procter & Gamble and gave the company a "buy" rating in a research report on Wednesday, July 30th. BNP Paribas reissued an "outperform" rating and issued a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. 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 note on Monday, July 14th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, Procter & Gamble presently has an average rating of "Moderate Buy" and an average target price of $175.12.

Procter & Gamble Stock Performance

PG stock traded up $0.89 during midday trading on Friday, reaching $160.08. The company had a trading volume of 6,435,480 shares, compared to its average volume of 6,145,017. 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 stock has a 50 day moving average price of $156.41 and a 200 day moving average price of $162.21. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The firm has a market capitalization of $374.65 billion, a PE ratio of 24.59, a P/E/G ratio of 4.22 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the previous year, the firm posted $1.40 earnings per share. Procter & Gamble's quarterly revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

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