Sunbeam Capital Management LLC Purchases 1,175 Shares of Procter & Gamble Company (The) $PG

Sunbeam Capital Management LLC raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 2.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,065 shares of the company’s stock after acquiring an additional 1,175 shares during the quarter. Procter & Gamble accounts for about 5.6% of Sunbeam Capital Management LLC’s portfolio, making the stock its 4th biggest holding. Sunbeam Capital Management LLC’s holdings in Procter & Gamble were worth $7,339,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. CFM Wealth Partners LLC raised its holdings in shares of Procter & Gamble by 4.5% in the 2nd quarter. CFM Wealth Partners LLC now owns 10,524 shares of the company’s stock worth $1,677,000 after purchasing an additional 451 shares in the last quarter. KLP Kapitalforvaltning AS increased its holdings in shares of Procter & Gamble by 1.7% in the second quarter. KLP Kapitalforvaltning AS now owns 964,629 shares of the company’s stock valued at $153,685,000 after buying an additional 15,700 shares in the last quarter. RMG Wealth Management LLC bought a new position in shares of Procter & Gamble in the second quarter valued at $37,000. MADDEN SECURITIES Corp lifted its position in shares of Procter & Gamble by 4.6% during the 2nd quarter. MADDEN SECURITIES Corp now owns 1,531 shares of the company’s stock valued at $244,000 after acquiring an additional 68 shares during the last quarter. Finally, Seamount Financial Group Inc. boosted its stake in shares of Procter & Gamble by 38.3% during the 2nd quarter. Seamount Financial Group Inc. now owns 6,910 shares of the company’s stock worth $1,101,000 after acquiring an additional 1,915 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 10,194 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the sale, the chief executive officer owned 34,978 shares in the company, valued at $5,532,120.48. This represents a 22.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Marc S. Pritchard sold 9,849 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 $1,548,952.23. Following the transaction, the insider owned 182,422 shares in the company, valued at approximately $28,689,507.94. This represents a 5.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 149,763 shares of company stock worth $23,421,279. 0.20% of the stock is owned by company insiders.

Procter & Gamble Trading Down 1.2%

NYSE:PG opened at $150.47 on Tuesday. The stock has a market cap of $352.17 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The stock’s 50-day moving average is $155.38 and its two-hundred day moving average is $159.84.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping 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 firm’s revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PG. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Saturday, September 27th. BNP Paribas restated an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. BNP Paribas Exane reduced their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Finally, Berenberg Bank boosted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $173.11.

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.