West Oak Capital LLC Raises Stock Holdings in Procter & Gamble Company (The) $PG

Key Points

• West Oak Capital LLC increased its holdings in Procter & Gamble by 15.0% during the 2nd quarter, now owning 19,179 shares valued at approximately $3,056,000.
• Procter & Gamble's stock has received multiple price target updates, with an average target of $173.94 and various investment firms assigning ratings ranging from "Strong Buy" to "Hold."
• Insiders, including CEOs, have sold a total of 120,181 shares worth nearly $18.9 million over the last quarter, indicating significant insider trading activity.

West Oak Capital LLC lifted its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 15.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 19,179 shares of the company's stock after buying an additional 2,507 shares during the quarter. Procter & Gamble makes up about 1.2% of West Oak Capital LLC's portfolio, making the stock its 26th biggest position. West Oak Capital LLC's holdings in Procter & Gamble were worth $3,056,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC increased its holdings in Procter & Gamble by 655,209.0% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company's stock worth $11,832,680,000 after purchasing an additional 76,017,350 shares during the period. Northern Trust Corp increased its holdings in Procter & Gamble by 0.8% during the 1st quarter. Northern Trust Corp now owns 29,644,000 shares of the company's stock worth $5,051,930,000 after purchasing an additional 248,792 shares during the period. Price T Rowe Associates Inc. MD increased 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 worth $3,660,737,000 after purchasing an additional 2,466,308 shares during the period. Goldman Sachs Group Inc. increased its holdings in Procter & Gamble by 3.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 17,405,539 shares of the company's stock worth $2,966,252,000 after purchasing an additional 583,629 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Procter & Gamble by 6.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,293,428 shares of the company's stock worth $2,947,146,000 after purchasing an additional 1,018,865 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PG has been the topic of several recent research reports. 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. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $170.00 target price (down previously 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 previously 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 company an "equal weight" rating in a research report on Thursday, July 31st. Finally, UBS Group set a $180.00 price objective on Procter & Gamble and gave the stock a "buy" rating in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $173.94.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Jennifer L. Davis sold 8,596 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,351,892.92. Following the completion of the transaction, the chief executive officer owned 64,991 shares in the company, valued at approximately $10,221,134.57. This trade represents a 11.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Sundar G. Raman sold 9,554 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 $1,511,060.64. Following the sale, the chief executive officer directly owned 41,886 shares in the company, valued at approximately $6,624,689.76. This trade represents a 18.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 in the last quarter. 0.20% of the stock is owned by insiders.

Procter & Gamble Stock Performance

Shares of PG opened at $153.16 on Tuesday. The stock has a 50-day moving average of $156.15 and a two-hundred day moving average of $161.03. Procter & Gamble Company has a one year low of $149.91 and a one 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 stock has a market cap of $358.48 billion, a P/E ratio of 23.53, a P/E/G ratio of 4.12 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping 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 company had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.79 billion. During the same quarter in the previous year, the firm posted $1.40 EPS. The firm'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. As a group, research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble's payout ratio is currently 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.

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