Jacobi Capital Management LLC Has $6.31 Million Stock Position in Procter & Gamble Company (The) $PG

Jacobi Capital Management LLC boosted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,007 shares of the company’s stock after purchasing an additional 1,539 shares during the period. Jacobi Capital Management LLC’s holdings in Procter & Gamble were worth $6,307,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of PG. Capital A Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the fourth quarter worth about $31,000. Quarry LP acquired a new stake in shares of Procter & Gamble in the first quarter worth about $33,000. 10Elms LLP acquired a new stake in shares of Procter & Gamble in the fourth quarter worth about $34,000. Mizuho Securities Co. Ltd. lifted 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 worth $34,000 after buying an additional 170 shares during the last quarter. Finally, Sunbeam Capital Management LLC acquired a new stake in shares of Procter & Gamble in the fourth quarter worth about $34,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity

In related news, COO Shailesh Jejurikar sold 13,039 shares of the business’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 $2,050,643.53. Following the transaction, the chief operating officer directly owned 28,036 shares in the company, valued at $4,409,221.72. The trade was a 31.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Jon R. Moeller sold 40,119 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $6,309,515.13. Following the transaction, the chief executive officer owned 319,375 shares in the company, valued at $50,228,106.25. This represents a 11.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 120,181 shares of company stock valued at $18,918,012. Corporate insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on PG. Barclays set a $164.00 price target on Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Wells Fargo & Company cut their price objective 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. BNP Paribas reissued an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. 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 equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.12.

Procter & Gamble Price Performance

NYSE PG opened at $157.49 on Thursday. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month 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 capitalization of $368.59 billion, a PE ratio of 24.19, a P/E/G ratio of 4.21 and a beta of 0.36. The stock has a 50-day simple moving average of $156.30 and a 200 day simple moving average of $162.09.

Procter & Gamble (NYSE:PG) last issued its quarterly 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 firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period in the previous year, the company posted $1.40 earnings per share. The company’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. Research analysts anticipate 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. Investors of record on Friday, July 18th were paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, July 18th. 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.