Van Hulzen Asset Management LLC Has $15.58 Million Stock Holdings in Procter & Gamble Company (The) $PG

Key Points

• Van Hulzen Asset Management LLC reduced its stake in Procter & Gamble by 24% in the first quarter, holding 91,399 shares valued at approximately $15.58 million.
• Procter & Gamble's recent earnings report showed earnings per share of $1.48, surpassing expectations, with quarterly revenue reaching $20.89 billion, a 1.7% increase year-over-year.
• Insider transactions included COO Shailesh Jejurikar selling over 13,000 shares, marking a 31.74% decrease in ownership, amidst broader insider selling totaling 99,433 shares in the last quarter.

Van Hulzen Asset Management LLC trimmed its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 24.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,399 shares of the company's stock after selling 28,859 shares during the quarter. Procter & Gamble accounts for 1.4% of Van Hulzen Asset Management LLC's portfolio, making the stock its 16th largest holding. Van Hulzen Asset Management LLC's holdings in Procter & Gamble were worth $15,576,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Navigoe LLC bought a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $31,000. Capital A Wealth Management LLC bought a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $31,000. 10Elms LLP bought a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $34,000. Mizuho Securities Co. Ltd. boosted its position in shares of Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after acquiring an additional 170 shares during the period. Finally, Sunbeam Capital Management LLC bought a new stake in shares of Procter & Gamble in the fourth quarter valued at approximately $34,000. 65.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on PG. Redburn Partners set a $161.00 price objective on Procter & Gamble in a research report on Thursday, May 1st. 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. Redburn Atlantic cut Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price target on the stock. in a research report on Thursday, May 1st. Piper Sandler upped their price target on Procter & Gamble from $160.00 to $164.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. Finally, Barclays set a $164.00 price target on Procter & Gamble and gave the company an "equal weight" rating in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $175.94.

Insider Activity at Procter & Gamble

In related news, CEO Gary A. Coombe sold 10,194 shares of the company's stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. This represents a 22.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jennifer L. Davis sold 8,596 shares of the company's 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 transaction, the chief executive officer owned 64,991 shares of the company's stock, valued at approximately $10,221,134.57. This represents a 11.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 119,181 shares of company stock worth $18,761,172 in the last 90 days. Corporate insiders own 0.18% of the company's stock.

Procter & Gamble Stock Performance

NYSE:PG traded down $0.2160 during mid-day trading on Friday, hitting $158.5140. The stock had a trading volume of 5,796,582 shares, compared to its average volume of 7,597,783. The stock has a market cap of $371.30 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 4.19 and a beta of 0.37. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The company's 50 day simple moving average is $156.79 and its 200 day simple moving average is $162.89.

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 firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same quarter in the prior year, the business posted $1.40 EPS. The business'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. On average, equities 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 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 2.7%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's dividend payout ratio is 64.98%.

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.