UniSuper Management Pty Ltd Increases Position in Procter & Gamble Company (The) $PG

Key Points

• UniSuper Management Pty Ltd has increased its stake in Procter & Gamble by 10.9%, owning 795,149 shares valued at approximately $135.5 million, making it the company's 16th largest position.
• Procter & Gamble recently announced a quarterly dividend of $1.0568 per share, translating to an annualized dividend yield of 2.6%.
• The company's stock achieved a 0.6% increase recently, with market capitalization reaching $374.65 billion and earnings per share reported at $1.48, surpassing analysts' expectations.

UniSuper Management Pty Ltd increased its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 10.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 795,149 shares of the company's stock after acquiring an additional 78,187 shares during the quarter. Procter & Gamble comprises about 1.0% of UniSuper Management Pty Ltd's holdings, making the stock its 16th biggest holding. UniSuper Management Pty Ltd's holdings in Procter & Gamble were worth $135,509,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Capital A Wealth Management LLC purchased a new position in shares of Procter & Gamble during the 4th quarter valued at $31,000. Quarry LP purchased a new position in shares of Procter & Gamble during the 1st quarter valued at $33,000. 10Elms LLP purchased a new position in shares of Procter & Gamble during the 4th quarter valued at $34,000. Mizuho Securities Co. Ltd. grew its position in shares of 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 purchasing an additional 170 shares in the last quarter. Finally, Sunbeam Capital Management LLC purchased a new position in shares of Procter & Gamble during the 4th quarter valued at $34,000. 65.77% of the stock is currently owned by institutional investors.

Insider Activity at Procter & Gamble

In related news, CEO Jon R. Moeller sold 40,119 shares of the business's stock in a transaction dated 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 owned 319,375 shares in the company, valued at $50,228,106.25. The trade was a 11.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Shailesh Jejurikar sold 13,039 shares of the business's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the transaction, the chief operating officer owned 28,036 shares in the company, valued at $4,409,221.72. This represents a 31.74% decrease in their position. 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 three months. Corporate insiders own 0.20% of the company's stock.

Procter & Gamble Trading Down 1.2%

Shares of NYSE:PG traded down $1.97 during midday trading on Wednesday, hitting $157.49. 6,204,302 shares of the stock traded hands, compared to its average volume of 7,991,015. The stock has a market capitalization of $368.59 billion, a PE ratio of 24.19, a P/E/G ratio of 4.20 and a beta of 0.36. The business's 50 day moving average is $156.37 and its two-hundred day moving average is $162.12. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43.

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

Procter & Gamble Announces Dividend

The company also recently disclosed 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 2.7%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's dividend payout ratio is 64.98%.

Analyst Upgrades and Downgrades

PG has been the subject of a number of recent analyst reports. Wells Fargo & Company reduced their price target on shares of Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Evercore ISI reaffirmed an "in-line" rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Finally, Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the stock an "equal weight" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price 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.