Voleon Capital Management LP Has $8.06 Million Stake in Procter & Gamble Company (The) $PG

Key Points

• Voleon Capital Management LP significantly increased its stake in Procter & Gamble by 109.8%, owning 47,274 shares valued at approximately $8.06 million as of the latest quarterly report.
• In its recent earnings report, Procter & Gamble exceeded analysts' expectations, reporting $1.48 EPS and revenues of $20.89 billion, marking a 1.7% increase compared to the previous year.
• The company declared a quarterly dividend of $1.0568 per share, resulting in an annualized yield of 2.6% and demonstrating a solid dividend payout ratio of 64.98%.

Voleon Capital Management LP lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 109.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,274 shares of the company's stock after acquiring an additional 24,736 shares during the quarter. Voleon Capital Management LP's holdings in Procter & Gamble were worth $8,056,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC boosted its holdings in shares of Procter & Gamble by 6.3% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 54,334 shares of the company's stock valued at $9,260,000 after acquiring an additional 3,243 shares in the last quarter. Kestra Investment Management LLC boosted its holdings in shares of Procter & Gamble by 6.3% during the 1st quarter. Kestra Investment Management LLC now owns 11,181 shares of the company's stock valued at $1,905,000 after acquiring an additional 663 shares in the last quarter. Front Street Capital Management Inc. raised its position in Procter & Gamble by 88.4% during the 1st quarter. Front Street Capital Management Inc. now owns 20,494 shares of the company's stock worth $3,385,000 after purchasing an additional 9,614 shares during the last quarter. Talon Private Wealth LLC raised its position in Procter & Gamble by 15,907.1% during the 1st quarter. Talon Private Wealth LLC now owns 2,241 shares of the company's stock worth $382,000 after purchasing an additional 2,227 shares during the last quarter. Finally, Tamar Securities LLC bought a new position in Procter & Gamble during the 1st quarter worth $281,000. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Stock Up 0.6%

PG stock opened at $160.08 on Monday. The stock's 50 day simple moving average is $156.41 and its 200 day simple moving average is $162.21. The company has a market cap of $374.65 billion, a P/E ratio of 24.59, a price-to-earnings-growth ratio of 4.22 and a beta of 0.36. 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 fifty-two week low of $149.91 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.79 billion. During the same quarter last year, the firm posted $1.40 earnings per share. The company's revenue for the quarter 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 expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's dividend payout ratio (DPR) is 64.98%.

Wall Street Analyst Weigh In

PG has been the subject of several analyst reports. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Evercore ISI reaffirmed an "in-line" rating and set a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Barclays set a $164.00 target price on Procter & Gamble and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. BNP Paribas reaffirmed an "outperform" rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. 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 research report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned 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.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, 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 value of $156,840.00. Following the completion of the sale, the insider owned 28,436 shares of the company's stock, valued at approximately $4,459,902.24. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the firm'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 value of $1,612,283.04. Following the completion of the sale, the chief executive officer directly owned 34,978 shares of the company's stock, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 120,181 shares of company stock valued at $18,918,012. Company insiders own 0.20% of the company's stock.

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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