Humankind Investments LLC reduced its stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 57.4% during the second quarter, Holdings Channel.com reports. The fund owned 15,996 shares of the company’s stock after selling 21,519 shares during the quarter. Procter & Gamble makes up 0.6% of Humankind Investments LLC’s investment portfolio, making the stock its 23rd biggest position. Humankind Investments LLC’s holdings in Procter & Gamble were worth $2,548,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of the company. Lantz Financial LLC increased its holdings in Procter & Gamble by 1.2% during the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after purchasing an additional 64 shares during the period. Orca Investment Management LLC grew its position in shares of Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after buying an additional 64 shares in the last quarter. Kondo Wealth Advisors Inc. increased its stake in shares of Procter & Gamble by 5.2% during the first quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock valued at $226,000 after buying an additional 65 shares during the period. Silver Oak Securities Incorporated raised its holdings in shares of Procter & Gamble by 0.3% in the second quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock valued at $3,524,000 after acquiring an additional 65 shares in the last quarter. Finally, Access Financial Services Inc. lifted its stake in Procter & Gamble by 0.6% in the second quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock worth $1,735,000 after acquiring an additional 65 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Insider Buying and Selling
In other Procter & Gamble news, CEO Gary A. Coombe sold 3,535 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $538,133.05. Following the sale, the chief executive officer owned 34,816 shares of the company’s stock, valued at approximately $5,300,039.68. The trade was a 9.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jennifer L. Davis sold 3,227 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $491,246.21. Following the transaction, the chief executive officer owned 61,764 shares in the company, valued at $9,402,333.72. The trade was a 4.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,308 shares of company stock worth $4,611,852 over the last ninety days. Company insiders own 0.20% of the company’s stock.
Procter & Gamble Stock Performance
Procter & Gamble (NYSE:PG – Get Free Report) last announced its earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. During the same period in the previous year, the business earned $1.93 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.
Procter & Gamble Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.75%.
Analyst Upgrades and Downgrades
A number of research firms have commented on PG. Barclays cut their target price on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Monday. BNP Paribas reissued an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. Berenberg Bank upped their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. JPMorgan Chase & Co. lifted their price target on Procter & Gamble from $163.00 to $165.00 and gave the company a “neutral” rating in a report on Monday, October 27th. Finally, Bank of America decreased their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Twelve research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $171.40.
Check Out Our Latest Analysis on PG
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.
Featured Articles
- Five stocks we like better than Procter & Gamble
- Business Services Stocks Investing
- MarketBeat Week in Review – 12/8 – 12/12
- Using the MarketBeat Dividend Yield Calculator
- Synopsys Sees Bullish Shift as Ansys Integration Drives Growth
- 3 Ways To Invest In Coffee, Other Than Drinking It
- The Best Holiday Present You Can Give Yourself? Costco Stock
Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.
