Farmers & Merchants Investments Inc. Has $19.20 Million Stock Position in Procter & Gamble Company (The) $PG

Farmers & Merchants Investments Inc. trimmed its position in Procter & Gamble Company (The) (NYSE:PGFree Report) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,984 shares of the company’s stock after selling 4,627 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in Procter & Gamble were worth $19,201,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in PG. Legacy Wealth Managment LLC ID grew its stake in Procter & Gamble by 162.6% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 239 shares of the company’s stock valued at $34,000 after acquiring an additional 148 shares in the last quarter. Financial Partners Group Inc grew its stake in Procter & Gamble by 33.0% during the 4th quarter. Financial Partners Group Inc now owns 4,050 shares of the company’s stock valued at $615,000 after acquiring an additional 1,004 shares in the last quarter. LJI Wealth Management LLC grew its stake in Procter & Gamble by 21.9% during the 4th quarter. LJI Wealth Management LLC now owns 2,091 shares of the company’s stock valued at $300,000 after acquiring an additional 376 shares in the last quarter. Manning & Napier Advisors LLC lifted its holdings in shares of Procter & Gamble by 3,791.9% during the 4th quarter. Manning & Napier Advisors LLC now owns 11,053 shares of the company’s stock valued at $1,592,000 after buying an additional 10,769 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in shares of Procter & Gamble by 4.2% during the 4th quarter. Crossmark Global Holdings Inc. now owns 222,862 shares of the company’s stock valued at $31,938,000 after buying an additional 8,934 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Procter & Gamble

In other news, Chairman Jon R. Moeller sold 162,232 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the completion of the transaction, the chairman directly owned 319,385 shares in the company, valued at $51,884,093.25. The trade was a 33.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the transaction, the insider owned 44,735 shares of the company’s stock, valued at approximately $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 244,715 shares of company stock worth $39,702,904. 0.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PG. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Bank of America reduced their price target on Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a report on Friday, April 10th. The Goldman Sachs Group reduced their price target on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a report on Wednesday, April 8th. Finally, Rothschild & Co Redburn reduced their price target on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $161.06.

View Our Latest Report on Procter & Gamble

Key Headlines Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

Procter & Gamble Stock Up 0.3%

PG opened at $146.44 on Friday. The business has a 50 day moving average price of $148.41 and a 200 day moving average price of $148.55. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The firm has a market cap of $341.00 billion, a P/E ratio of 21.41, a price-to-earnings-growth ratio of 6.26 and a beta of 0.41.

Procter & Gamble (NYSE:PGGet Free Report) last posted its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.24 billion during the quarter, compared to analyst estimates of $21.52 billion. During the same period in the previous year, the company earned $1.54 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a $1.0885 dividend. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date is Friday, April 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 63.60%.

About Procter & Gamble

(Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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