FUKOKU MUTUAL LIFE INSURANCE Co Decreases Stock Holdings in Procter & Gamble Company (The) $PG

FUKOKU MUTUAL LIFE INSURANCE Co cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 26.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,105 shares of the company’s stock after selling 2,937 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in Procter & Gamble were worth $1,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Winnow Wealth LLC purchased a new stake in Procter & Gamble in the 2nd quarter valued at $73,000. Mizuho Securities Co. Ltd. raised its holdings in shares of Procter & Gamble by 245.0% during the 2nd quarter. Mizuho Securities Co. Ltd. now owns 690 shares of the company’s stock worth $110,000 after acquiring an additional 490 shares during the period. PKS Advisory Services LLC boosted its position in shares of Procter & Gamble by 37.0% during the 2nd quarter. PKS Advisory Services LLC now owns 2,583 shares of the company’s stock valued at $412,000 after acquiring an additional 698 shares during the last quarter. GDS Wealth Management grew its holdings in shares of Procter & Gamble by 14.6% in the second quarter. GDS Wealth Management now owns 67,130 shares of the company’s stock valued at $10,695,000 after purchasing an additional 8,575 shares during the period. Finally, Ensign Peak Advisors Inc increased its position in Procter & Gamble by 5.2% during the second quarter. Ensign Peak Advisors Inc now owns 2,820,025 shares of the company’s stock worth $449,286,000 after purchasing an additional 140,205 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

PG has been the topic of several recent analyst reports. Dbs Bank upgraded shares of Procter & Gamble to a “moderate buy” rating in a report on Tuesday, October 28th. UBS Group reduced their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Wells Fargo & Company lowered their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. Morgan Stanley set a $175.00 target price on Procter & Gamble in a research note on Monday, October 27th. Finally, Raymond James Financial decreased their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $171.53.

Insider Activity at Procter & Gamble

In other news, insider Susan Street Whaley sold 2,408 shares of the firm’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 value of $366,569.84. Following the completion of the transaction, the insider owned 31,770 shares of the company’s stock, valued at approximately $4,836,347.10. This trade represents a 7.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Gary A. Coombe sold 3,535 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $538,133.05. Following the sale, the chief executive officer directly owned 34,816 shares in the company, valued at approximately $5,300,039.68. The trade was a 9.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 31,308 shares of company stock valued at $4,768,692. 0.20% of the stock is owned by company insiders.

Procter & Gamble Stock Down 0.0%

Procter & Gamble stock opened at $146.98 on Thursday. The company has a market capitalization of $343.45 billion, a PE ratio of 21.46, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. Procter & Gamble Company has a fifty-two week low of $144.09 and a fifty-two week high of $180.43. The firm has a 50 day moving average price of $151.10 and a 200 day moving average price of $156.27.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period last year, the business posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s payout ratio is currently 61.61%.

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.