Capital Investment Counsel Inc Has $7.57 Million Stock Position in Procter & Gamble Company (The) $PG

Capital Investment Counsel Inc lifted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 20.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,509 shares of the company’s stock after purchasing an additional 8,022 shares during the quarter. Procter & Gamble accounts for about 1.0% of Capital Investment Counsel Inc’s portfolio, making the stock its 20th biggest position. Capital Investment Counsel Inc’s holdings in Procter & Gamble were worth $7,569,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. ABN Amro Investment Solutions acquired a new stake in Procter & Gamble during the 2nd quarter worth approximately $57,782,000. Police & Firemen s Retirement System of New Jersey increased its position in shares of Procter & Gamble by 3.8% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 356,632 shares of the company’s stock worth $56,819,000 after acquiring an additional 13,203 shares in the last quarter. Symphony Financial Services Inc. raised its holdings in shares of Procter & Gamble by 46.7% during the second quarter. Symphony Financial Services Inc. now owns 3,452 shares of the company’s stock worth $550,000 after acquiring an additional 1,099 shares during the period. Bailard Inc. lifted its position in Procter & Gamble by 6.7% in the 2nd quarter. Bailard Inc. now owns 157,814 shares of the company’s stock valued at $25,143,000 after acquiring an additional 9,892 shares in the last quarter. Finally, Renasant Bank boosted its stake in Procter & Gamble by 10.4% in the 2nd quarter. Renasant Bank now owns 1,566 shares of the company’s stock worth $249,000 after purchasing an additional 147 shares during the period. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Performance

NYSE PG opened at $147.94 on Thursday. The firm has a market capitalization of $345.70 billion, a P/E ratio of 21.60, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average price is $152.31 and its two-hundred day moving average price is $156.77. Procter & Gamble Company has a 1 year low of $144.09 and a 1 year high of $180.43.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data 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. The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. Procter & Gamble’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on PG shares. Morgan Stanley set a $175.00 price target on Procter & Gamble in a report on Monday, October 27th. UBS Group cut their target price on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Berenberg Bank raised their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Finally, BNP Paribas Exane reduced their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 10,194 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the sale, the chief executive officer owned 34,978 shares of the company’s stock, valued at $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 available through this hyperlink. Also, COO Shailesh Jejurikar sold 13,039 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 value of $2,050,643.53. Following the completion of the sale, the chief operating officer owned 28,036 shares of the company’s stock, valued at $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 150,489 shares of company stock worth $23,529,864 in the last three months. 0.20% of the stock is owned by insiders.

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.