Procter & Gamble Company (The) $PG Shares Purchased by Drucker Wealth 3.0 LLC

Drucker Wealth 3.0 LLC increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 147.2% during the second quarter, HoldingsChannel reports. The fund owned 9,468 shares of the company’s stock after buying an additional 5,638 shares during the period. Drucker Wealth 3.0 LLC’s holdings in Procter & Gamble were worth $1,491,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PG. Nova Wealth Management Inc. acquired a new stake in Procter & Gamble in the first quarter valued at $26,000. Signature Resources Capital Management LLC grew its holdings in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP acquired a new stake in Procter & Gamble in the first quarter valued at $33,000. Mizuho Securities Co. Ltd. grew its holdings in Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 170 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in Procter & Gamble in the second quarter valued at $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on PG. JPMorgan Chase & Co. lowered their target price on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a report on Friday. Barclays dropped their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 1st. Berenberg Bank lifted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. UBS Group dropped their price objective on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Bank of America dropped their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $172.21.

Insider Transactions at Procter & Gamble

In other news, COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $606,788.78. Following the transaction, the chief operating officer directly owned 46,899 shares of the company’s stock, valued at $7,139,434.77. The trade was a 7.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jennifer L. Davis sold 3,227 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $491,246.21. Following the completion of the transaction, the chief executive officer directly owned 61,764 shares in the company, valued at $9,402,333.72. This represents a 4.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 149,763 shares of company stock worth $23,421,279 in the last quarter. 0.20% of the stock is currently owned by corporate insiders.

Procter & Gamble Stock Down 0.6%

Shares of NYSE:PG opened at $149.69 on Friday. The stock’s 50-day moving average price is $155.24 and its two-hundred day moving average price is $159.53. 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 Company has a 12-month low of $149.45 and a 12-month high of $180.43. The firm has a market cap of $350.34 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 3.99 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued 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. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the company earned $1.40 EPS. The firm’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. On average, research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

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.