Procter & Gamble Company (The) $PG Shares Acquired by ST Germain D J Co. Inc.

Key Points

• ST Germain D J Co. Inc. increased its stake in Procter & Gamble by 24.1% during the second quarter, bringing its total holdings to 250,368 shares, valued at approximately $39.89 million.
• Analysts have set a consensus target price of $173.78 for Procter & Gamble shares, with ratings varying from "Strong Buy" to "Hold" across different firms.
• The company announced a quarterly dividend of $1.0568 per share, representing a 2.8% yield based on an annualized payout of $4.23.

ST Germain D J Co. Inc. boosted its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 24.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 250,368 shares of the company's stock after buying an additional 48,567 shares during the period. Procter & Gamble accounts for 1.7% of ST Germain D J Co. Inc.'s portfolio, making the stock its 12th biggest holding. ST Germain D J Co. Inc.'s holdings in Procter & Gamble were worth $39,889,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Swisher Financial Concepts Inc. boosted its position in shares of Procter & Gamble by 33.9% during the 2nd quarter. Swisher Financial Concepts Inc. now owns 6,461 shares of the company's stock valued at $1,029,000 after purchasing an additional 1,635 shares in the last quarter. Novem Group boosted its holdings in shares of Procter & Gamble by 65.8% in the second quarter. Novem Group now owns 10,744 shares of the company's stock worth $1,712,000 after buying an additional 4,265 shares during the period. EdgeRock Capital LLC acquired a new position in shares of Procter & Gamble in the second quarter worth about $544,000. Patron Partners LLC boosted its holdings in shares of Procter & Gamble by 1.4% in the second quarter. Patron Partners LLC now owns 18,248 shares of the company's stock worth $2,907,000 after buying an additional 260 shares during the period. Finally, BankPlus Wealth Management LLC boosted its holdings in shares of Procter & Gamble by 1.8% in the second quarter. BankPlus Wealth Management LLC now owns 9,514 shares of the company's stock worth $1,516,000 after buying an additional 170 shares during the period. Institutional investors own 65.77% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the stock an "equal weight" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. BNP Paribas reaffirmed an "outperform" rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Evercore ISI reaffirmed an "in-line" rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Finally, Wells Fargo & Company dropped their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating on the stock in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $173.78.

Procter & Gamble Trading Up 0.2%

NYSE:PG opened at $152.44 on Friday. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The firm has a market cap of $356.78 billion, a price-to-earnings ratio of 23.42, a P/E/G ratio of 4.01 and a beta of 0.36. 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 company's 50 day moving average is $156.00 and its 200-day moving average is $160.60.

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, 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 business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same quarter in the previous year, the firm posted $1.40 earnings per share. Procter & Gamble's 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. Equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors 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 2.8%. Procter & Gamble's payout ratio is 64.82%.

Insider Buying and Selling at Procter & Gamble

In related news, CFO Andre Schulten sold 11,638 shares of the business's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer owned 52,642 shares of the company's stock, valued at approximately $8,279,007.34. The trade was a 18.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jon R. Moeller sold 40,119 shares of the business'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 disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock valued at $18,918,012 in the last three months. 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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