Curran Financial Partners LLC Grows Position in Procter & Gamble Company (The) $PG

Curran Financial Partners LLC lifted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 4,802 shares of the company’s stock after acquiring an additional 180 shares during the quarter. Curran Financial Partners LLC’s holdings in Procter & Gamble were worth $765,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of PG. Nova Wealth Management Inc. purchased a new position in Procter & Gamble in the first quarter worth about $26,000. Signature Resources Capital Management LLC boosted its position in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP purchased a new position in Procter & Gamble in the first quarter worth about $33,000. Mizuho Securities Co. Ltd. boosted its position in 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. boosted its position in 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 owned by hedge funds and other institutional investors.

Procter & Gamble Stock Up 0.1%

Shares of PG opened at $152.19 on Friday. The business’s 50 day moving average is $155.51 and its 200 day moving average is $160.06. The company has a market capitalization of $356.20 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 4.01 and a beta of 0.36. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last issued its 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. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced 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 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is 64.98%.

Insider Activity at Procter & Gamble

In related news, CEO Sundar G. Raman sold 9,554 shares of Procter & Gamble 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 sale, the chief executive officer owned 41,886 shares of the company’s stock, valued at approximately $6,624,689.76. This trade represents a 18.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ma. Fatima Francisco sold 9,100 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,431,157.00. Following the sale, the chief executive officer directly owned 27,295 shares in the company, valued at $4,292,684.65. This trade represents a 25.00% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock worth $18,918,012 in the last three months. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

PG has been the topic of several research reports. BNP Paribas Exane dropped their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Berenberg Bank raised their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research note on Saturday, September 27th. Barclays decreased their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Finally, UBS Group set a $180.00 price objective on Procter & Gamble and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Eleven research analysts have rated the stock with a Buy rating and nine have given 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 an average target price of $173.11.

Procter & Gamble 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.