SGL Investment Advisors Inc. Grows Stake in Procter & Gamble Company (The) $PG

Key Points

• SGL Investment Advisors Inc. increased its stake in Procter & Gamble Company by 116.7% during the second quarter, bringing its total holdings to 4,299 shares worth approximately $679,000.
• Several other institutional investors have also adjusted their positions, contributing to institutional ownership of 65.77% in the company.
• Procter & Gamble's stock currently holds a consensus rating of "Moderate Buy" with an average price target of $173.11 among analysts.

SGL Investment Advisors Inc. grew its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 116.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,299 shares of the company's stock after buying an additional 2,315 shares during the quarter. SGL Investment Advisors Inc.'s holdings in Procter & Gamble were worth $679,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Stableford Capital II LLC raised its position in shares of Procter & Gamble by 1.1% in the 1st quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock worth $993,000 after acquiring an additional 61 shares in the last quarter. Bernard Wealth Management Corp. raised its position in shares of Procter & Gamble by 20.2% in the 1st quarter. Bernard Wealth Management Corp. now owns 375 shares of the company's stock worth $64,000 after acquiring an additional 63 shares in the last quarter. B & T Capital Management DBA Alpha Capital Management raised its position in shares of Procter & Gamble by 2.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company's stock worth $476,000 after acquiring an additional 63 shares in the last quarter. Private Management Group Inc. raised its position in shares of Procter & Gamble by 4.8% in the 1st quarter. Private Management Group Inc. now owns 1,384 shares of the company's stock worth $236,000 after acquiring an additional 64 shares in the last quarter. Finally, Lantz Financial LLC raised its position in shares of Procter & Gamble by 1.2% in the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company's stock worth $834,000 after acquiring an additional 64 shares in the last quarter. Institutional investors own 65.77% of the company's stock.

Wall Street Analysts Forecast Growth

PG has been the subject of several research reports. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a "buy" rating in a research report on Wednesday, July 30th. Wells Fargo & Company cut their price target on Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating on the stock in a research note on Thursday, September 25th. BNP Paribas Exane cut their price target on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 23rd. JPMorgan Chase & Co. restated a "neutral" rating and issued a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, Evercore ISI restated an "in-line" rating and issued a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $173.11.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Jennifer L. Davis sold 3,227 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $491,246.21. Following the sale, the chief executive officer directly owned 61,764 shares in the company, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gary A. Coombe sold 3,535 shares of the firm's stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the transaction, the chief executive officer owned 34,816 shares in the company, valued at approximately $5,300,039.68. This trade represents a 9.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 149,763 shares of company stock worth $23,421,279. Insiders own 0.20% of the company's stock.

Procter & Gamble Stock Performance

Shares of PG opened at $152.60 on Wednesday. The business's fifty day simple moving average is $155.30 and its two-hundred day simple moving average is $159.79. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The company has a market cap of $357.16 billion, a price-to-earnings ratio of 23.44, a P/E/G ratio of 4.13 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business 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 business posted $1.40 EPS. The company'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. Research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

About Procter & Gamble

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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