Archford Capital Strategies LLC boosted its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 5.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,857 shares of the company’s stock after purchasing an additional 886 shares during the quarter. Archford Capital Strategies LLC’s holdings in Procter & Gamble were worth $2,526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also bought and sold shares of PG. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble in the 1st quarter worth $26,000. Signature Resources Capital Management LLC grew its holdings in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares during the last quarter. Quarry LP bought a new stake in shares of Procter & Gamble in the first quarter worth about $33,000. Mizuho Securities Co. Ltd. grew its stake 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 purchasing an additional 170 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. grew its stake in shares of Procter & Gamble by 50.3% in the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock worth $42,000 after purchasing an additional 82 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Procter & Gamble
In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 9,100 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,431,157.00. Following the completion of the sale, the chief executive officer directly owned 27,295 shares in the company, valued at approximately $4,292,684.65. The trade was a 25.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the sale, the chief executive officer owned 34,978 shares of the company’s stock, valued at approximately $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 90 days, insiders sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is owned by corporate insiders.
Procter & Gamble Price Performance
Procter & Gamble (NYSE:PG – Get Free Report) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.
Procter & Gamble Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date 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 64.82%.
Wall Street Analysts Forecast Growth
PG has been the subject of a number of research analyst reports. Berenberg Bank raised their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. BNP Paribas Exane decreased their price objective 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. Finally, BNP Paribas restated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $173.68.
View Our Latest Stock Analysis on Procter & Gamble
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.
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