Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Stock Position in Procter & Gamble Company (The) $PG

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 18.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 747,234 shares of the company’s stock after purchasing an additional 118,600 shares during the period. Procter & Gamble makes up 1.1% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s investment portfolio, making the stock its 14th largest holding. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Procter & Gamble were worth $119,049,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Advisory Alpha LLC lifted its holdings in Procter & Gamble by 1.5% in the second quarter. Advisory Alpha LLC now owns 15,195 shares of the company’s stock worth $2,421,000 after buying an additional 224 shares during the period. Rossby Financial LCC lifted its stake in shares of Procter & Gamble by 8.0% in the 2nd quarter. Rossby Financial LCC now owns 7,864 shares of the company’s stock valued at $1,253,000 after purchasing an additional 581 shares during the period. SYM FINANCIAL Corp boosted its position in shares of Procter & Gamble by 90.9% during the second quarter. SYM FINANCIAL Corp now owns 4,445 shares of the company’s stock valued at $708,000 after purchasing an additional 2,116 shares in the last quarter. Facet Wealth Inc. grew its stake in Procter & Gamble by 67.0% in the second quarter. Facet Wealth Inc. now owns 2,480 shares of the company’s stock worth $373,000 after purchasing an additional 995 shares during the period. Finally, Guinness Asset Management LTD raised its holdings in Procter & Gamble by 1.5% in the second quarter. Guinness Asset Management LTD now owns 1,233,364 shares of the company’s stock worth $196,543,000 after purchasing an additional 17,985 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Raymond James Financial dropped their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. JPMorgan Chase & Co. raised their target price on shares of Procter & Gamble from $163.00 to $165.00 and gave the company a “neutral” rating in a research note on Monday. UBS Group lowered their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Finally, BNP Paribas restated an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $171.53.

Procter & Gamble Trading Down 0.6%

NYSE:PG opened at $151.62 on Tuesday. The stock has a market cap of $354.85 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 4.05 and a beta of 0.36. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.45. The company’s 50 day moving average price is $154.58 and its 200-day moving average price is $158.31. Procter & Gamble Company has a 52 week low of $146.96 and a 52 week high of $180.43.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.51%. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. During the same period in the previous year, the business earned $1.93 EPS. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be given a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is 61.75%.

Insider Buying and Selling

In other news, CEO Jennifer L. Davis sold 3,227 shares of the business’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 transaction of $491,246.21. Following the completion of the transaction, the chief executive officer directly owned 61,764 shares of the company’s stock, valued at $9,402,333.72. The trade was a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andre Schulten sold 4,252 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $647,281.96. Following the transaction, the chief financial officer owned 53,992 shares in the company, valued at approximately $8,219,202.16. This trade represents a 7.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold 149,763 shares of company stock worth $23,421,279 in the last three months. 0.20% of the stock is currently owned by company insiders.

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.