Procter & Gamble Company (The) $PG Shares Sold by Public Employees Retirement System of Ohio

Key Points

• The Public Employees Retirement System of Ohio reduced its holdings in Procter & Gamble by 1.6%, now owning approximately 967,895 shares valued at $154.2 million, making it the firm's 24th largest holding.
• Procter & Gamble reported earnings of $1.48 per share, exceeding analysts' expectations of $1.42, with revenue of $20.89 billion for the quarter, up 1.7% from the previous year.
• The company announced a quarterly dividend of $1.0568 per share, reflecting an annualized yield of 2.8% and a payout ratio of 64.82%.

Public Employees Retirement System of Ohio decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 1.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 967,895 shares of the company's stock after selling 15,300 shares during the quarter. Procter & Gamble makes up approximately 0.5% of Public Employees Retirement System of Ohio's holdings, making the stock its 24th biggest holding. Public Employees Retirement System of Ohio's holdings in Procter & Gamble were worth $154,205,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nova Wealth Management Inc. bought a new position in Procter & Gamble in the 1st quarter worth about $26,000. Capital A Wealth Management LLC bought a new position in Procter & Gamble in the 4th quarter worth about $31,000. Quarry LP bought a new position in Procter & Gamble in the 1st quarter worth about $33,000. Mizuho Securities Co. Ltd. grew its position in Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock worth $34,000 after purchasing an additional 170 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. grew its position 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 purchasing an additional 82 shares during the last quarter. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Trading Down 0.3%

Shares of NYSE:PG opened at $152.57 on Wednesday. The stock has a market capitalization 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 1-year low of $149.91 and a 1-year high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The company has a 50 day moving average price of $156.14 and a 200 day moving average price of $160.97.

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

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors 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 yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble's dividend payout ratio (DPR) is presently 64.82%.

Wall Street Analyst Weigh In

PG has been the subject of several recent analyst reports. BNP Paribas restated an "outperform" rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Evercore ISI reiterated an "in-line" rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Berenberg Bank increased their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a report on Wednesday, September 17th. Finally, Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the company an "equal weight" rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $173.94.

Insider Activity

In related news, CEO Ma. Fatima Francisco sold 9,100 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 $1,431,157.00. Following the completion of the sale, the chief executive officer directly owned 27,295 shares in the company, valued at approximately $4,292,684.65. This trade represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Susan Street Whaley sold 1,000 shares of the firm's stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $156.84, for a total transaction of $156,840.00. Following the sale, the insider owned 28,436 shares of the company's stock, valued at $4,459,902.24. The trade was a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock valued at $18,918,012 in the last ninety days. 0.20% of the stock is owned by company 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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