HMS Capital Management LLC Has $1.57 Million Position in Procter & Gamble Company (The) $PG

HMS Capital Management LLC cut its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,852 shares of the company’s stock after selling 460 shares during the quarter. HMS Capital Management LLC’s holdings in Procter & Gamble were worth $1,570,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Unique Wealth LLC lifted its holdings in Procter & Gamble by 2.9% during the 1st quarter. Unique Wealth LLC now owns 2,141 shares of the company’s stock worth $365,000 after buying an additional 61 shares during the period. Stableford Capital II LLC lifted its holdings in Procter & Gamble by 1.1% during the 1st quarter. Stableford Capital II LLC now owns 5,817 shares of the company’s stock worth $993,000 after buying an additional 61 shares during the period. Bernard Wealth Management Corp. lifted its holdings in Procter & Gamble by 20.2% during the 1st quarter. Bernard Wealth Management Corp. now owns 375 shares of the company’s stock worth $64,000 after buying an additional 63 shares during the period. B & T Capital Management DBA Alpha Capital Management lifted its holdings in Procter & Gamble by 2.3% during 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 buying an additional 63 shares during the period. Finally, Kolinsky Wealth Management LLC lifted its stake in shares of Procter & Gamble by 1.1% in the 4th quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company’s stock valued at $962,000 after purchasing an additional 64 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PG. BNP Paribas reissued an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Evercore ISI reissued an “in-line” rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Barclays set a $164.00 price objective on Procter & Gamble and gave the company an “equal weight” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, Wells Fargo & Company dropped their price objective on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a research note 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.12.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $158.02 on Friday. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The firm has a market capitalization of $369.85 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 4.19 and a beta of 0.36. The business has a 50-day simple moving average of $156.21 and a 200 day simple moving average of $161.84. 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) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

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

Insider Activity

In other Procter & Gamble news, CEO Sundar G. Raman sold 9,554 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the completion of the sale, the chief executive officer directly owned 41,886 shares of the company’s stock, valued at approximately $6,624,689.76. The trade was a 18.57% 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 10,194 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 120,181 shares of company stock worth $18,918,012. Company insiders own 0.20% of the company’s stock.

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.