Procter & Gamble Company (The) $PG Stock Position Lowered by V Square Quantitative Management LLC

V Square Quantitative Management LLC lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 0.6% during the second quarter, HoldingsChannel.com reports. The fund owned 50,888 shares of the company’s stock after selling 324 shares during the quarter. Procter & Gamble makes up about 1.1% of V Square Quantitative Management LLC’s portfolio, making the stock its 10th biggest holding. V Square Quantitative Management LLC’s holdings in Procter & Gamble were worth $8,107,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Nova Wealth Management Inc. purchased a new position in shares of Procter & Gamble in the 1st quarter valued at $26,000. Signature Resources Capital Management LLC raised its stake in shares of Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares during the period. Quarry LP acquired a new stake in Procter & Gamble during the 1st quarter valued at $33,000. Mizuho Securities Co. Ltd. grew its holdings in Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 170 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. grew its holdings in Procter & Gamble by 50.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after purchasing an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on PG. UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. BNP Paribas Exane lowered their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the company an “equal weight” rating in a report on Thursday, July 31st. Wells Fargo & Company lowered their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $173.68.

Insiders Place Their Bets

In related news, CFO Andre Schulten sold 11,638 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,830,308.26. Following the sale, the chief financial officer directly owned 52,642 shares in the company, valued at $8,279,007.34. This trade represents a 18.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the completion of the sale, the chief executive officer owned 319,375 shares in the company, valued at approximately $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. In the last three months, insiders sold 120,181 shares of company stock worth $18,918,012. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of PG stock opened at $152.44 on Monday. The firm has a market cap of $356.78 billion, a P/E ratio of 23.42, a P/E/G ratio of 4.02 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 Company has a 1-year low of $149.91 and a 1-year high of $180.43. The firm has a fifty day moving average of $156.00 and a two-hundred day moving average of $160.49.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period in the previous year, the business posted $1.40 EPS. The company’s quarterly revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently declared 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 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s payout ratio is 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.