BostonPremier Wealth LLC Makes New $231,000 Investment in Procter & Gamble Company (The) $PG

BostonPremier Wealth LLC purchased a new stake in Procter & Gamble Company (The) (NYSE:PG) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,448 shares of the company’s stock, valued at approximately $231,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its holdings in Procter & Gamble by 655,209.0% during the second quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock worth $11,832,680,000 after acquiring an additional 76,017,350 shares in the last quarter. Northern Trust Corp raised its position in shares of Procter & Gamble by 0.8% during the first quarter. Northern Trust Corp now owns 29,644,000 shares of the company’s stock worth $5,051,930,000 after purchasing an additional 248,792 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Procter & Gamble by 13.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company’s stock valued at $3,660,737,000 after purchasing an additional 2,466,308 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Procter & Gamble by 3.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 17,405,539 shares of the company’s stock valued at $2,966,252,000 after purchasing an additional 583,629 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Procter & Gamble by 6.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,293,428 shares of the company’s stock worth $2,947,146,000 after purchasing an additional 1,018,865 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Activity

In related news, CEO Gary A. Coombe sold 10,194 shares of the firm’s stock in a transaction dated 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 directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. This trade represents a 22.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Jennifer L. Davis sold 8,596 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,351,892.92. Following the transaction, the chief executive officer owned 64,991 shares of the company’s stock, valued at $10,221,134.57. The trade was a 11.68% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on PG. Wells Fargo & Company reduced their price target on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. BNP Paribas restated an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Finally, Barclays set a $164.00 price objective on Procter & Gamble and gave the stock an “equal weight” rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $173.94.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $152.35 on Thursday. 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 business has a 50-day moving average of $156.12 and a 200-day moving average of $160.91. The stock has a market capitalization of $356.58 billion, a price-to-earnings ratio of 23.40, a PEG 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.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. The firm had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s payout ratio is presently 64.98%.

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.