Procter & Gamble Company (The) $PG Shares Bought by HS Management Partners LLC

Key Points

• HS Management Partners LLC increased its stake in Procter & Gamble by 22.4%, owning 277,895 shares valued at approximately $44.27 million after buying an additional 50,775 shares in Q2.
• Procter & Gamble reported an EPS of $1.48 for the last quarter, beating analysts' expectations by $0.06, with a revenue of $20.89 billion representing a 1.7% year-over-year increase.
• The company announced a quarterly dividend of $1.0568 per share, with a dividend yield of 2.8% and a payout ratio of 64.98% as of the last report.

HS Management Partners LLC lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 22.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 277,895 shares of the company's stock after buying an additional 50,775 shares during the period. Procter & Gamble makes up approximately 3.6% of HS Management Partners LLC's portfolio, making the stock its 15th largest position. HS Management Partners LLC's holdings in Procter & Gamble were worth $44,274,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new position in Procter & Gamble during the first quarter worth about $26,000. Quarry LP purchased a new position in shares of Procter & Gamble during the 1st quarter worth approximately $33,000. Mizuho Securities Co. Ltd. increased its holdings in Procter & Gamble by 566.7% in the 1st 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. Quest 10 Wealth Builders Inc. raised its position in Procter & Gamble by 50.3% in the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company's stock valued at $42,000 after purchasing an additional 82 shares during the period. Finally, Morton Brown Family Wealth LLC lifted its stake in Procter & Gamble by 84.6% during the first quarter. Morton Brown Family Wealth LLC now owns 251 shares of the company's stock worth $43,000 after purchasing an additional 115 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Up 0.1%

PG stock opened at $152.19 on Monday. The company's 50 day moving average is $155.51 and its two-hundred day moving average is $159.95. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The stock has a market cap of $356.20 billion, a P/E ratio of 23.38, a PEG ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last posted 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 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 the consensus estimate of $20.79 billion. During the same period last year, the firm posted $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. Research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were issued a $1.0568 dividend. 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 presently 64.98%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on PG shares. BNP Paribas reaffirmed an "outperform" rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. JPMorgan Chase & Co. reaffirmed 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. Evercore ISI reissued an "in-line" rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a research note on Tuesday, September 23rd. Finally, Berenberg Bank upped their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a "hold" rating in a research note on Wednesday, September 17th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Procter & Gamble currently has an average rating of "Moderate Buy" and an average price target of $173.11.

Insider Transactions at Procter & Gamble

In other news, CEO Jennifer L. Davis sold 8,596 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,351,892.92. Following the transaction, the chief executive officer directly owned 64,991 shares in the company, valued at approximately $10,221,134.57. This trade represents a 11.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Gary A. Coombe sold 10,194 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the sale, the chief executive officer 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 120,181 shares of company stock worth $18,918,012. Insiders own 0.20% of the company's stock.

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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