St. Louis Financial Planners Asset Management LLC Takes $2.15 Million Position in Procter & Gamble Company (The) $PG

Key Points

• St. Louis Financial Planners Asset Management LLC acquired a new stake in Procter & Gamble, purchasing 13,517 shares worth approximately $2.15 million.
• Multiple large investors, including Nuveen LLC and GAMMA Investing LLC, have recently increased their holdings in Procter & Gamble, highlighting strong institutional interest in the stock.
• Procter & Gamble reported earnings of $1.48 per share for the last quarter, exceeding expectations, along with a quarterly dividend of $1.0568, reflecting its ongoing commitment to returning capital to shareholders.

St. Louis Financial Planners Asset Management LLC bought a new stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,517 shares of the company's stock, valued at approximately $2,154,000. Procter & Gamble comprises approximately 1.6% of St. Louis Financial Planners Asset Management LLC's investment portfolio, making the stock its 26th biggest holding.

Several other large investors have also recently modified their holdings of PG. Nuveen LLC purchased a new position in Procter & Gamble during the 1st quarter valued at $1,954,941,000. GAMMA Investing LLC boosted its holdings in Procter & Gamble by 20,758.5% during the 1st quarter. GAMMA Investing LLC now owns 7,951,456 shares of the company's stock valued at $1,355,087,000 after acquiring an additional 7,913,335 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Procter & Gamble by 13.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company's stock valued at $3,660,737,000 after acquiring an additional 2,466,308 shares during the period. Invesco Ltd. boosted its holdings in Procter & Gamble by 19.8% during the 1st quarter. Invesco Ltd. now owns 13,493,604 shares of the company's stock valued at $2,299,580,000 after acquiring an additional 2,228,151 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Procter & Gamble by 15.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,274,563 shares of the company's stock valued at $2,728,430,000 after acquiring an additional 2,224,912 shares during the period. Institutional investors own 65.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on PG shares. BNP Paribas restated an "outperform" rating and set a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Evercore ISI reiterated an "in-line" rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Finally, Wells Fargo & Company lowered their target price on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $175.12.

Insiders Place Their Bets

In related news, insider Marc S. Pritchard sold 9,849 shares of the firm's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the sale, the insider directly owned 182,422 shares of the company's stock, valued at $28,689,507.94. This trade represents a 5.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the firm's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the sale, the chief executive officer directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. This trade represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 120,181 shares of company stock valued at $18,918,012. Insiders own 0.20% of the company's stock.

Procter & Gamble Trading Down 0.6%

Shares of NYSE:PG opened at $156.93 on Tuesday. The business's 50-day moving average is $156.14 and its 200 day moving average is $161.65. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The firm has a market capitalization of $367.30 billion, a P/E ratio of 24.11, a P/E/G ratio of 4.17 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49.

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, 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 company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period in the prior year, the company posted $1.40 EPS. The firm's quarterly 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, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. Procter & Gamble's dividend payout ratio is currently 64.98%.

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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