Heritage Investors Management Corp Has $12.54 Million Stock Position in Procter & Gamble Company (The) $PG

Heritage Investors Management Corp lifted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.7% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 78,705 shares of the company’s stock after buying an additional 540 shares during the period. Heritage Investors Management Corp’s holdings in Procter & Gamble were worth $12,539,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of PG. Brighton Jones LLC increased its holdings in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after purchasing an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. increased its holdings in Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares in the last quarter. Summit Wealth Group LLC increased its holdings in Procter & Gamble by 11.2% in the 1st quarter. Summit Wealth Group LLC now owns 7,437 shares of the company’s stock worth $1,267,000 after purchasing an additional 752 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of Procter & Gamble by 10.4% in the 1st quarter. Golden State Wealth Management LLC now owns 6,007 shares of the company’s stock valued at $1,024,000 after buying an additional 567 shares during the last quarter. Finally, Vontobel Holding Ltd. grew its position in shares of Procter & Gamble by 8.9% in the 1st quarter. Vontobel Holding Ltd. now owns 253,250 shares of the company’s stock valued at $43,159,000 after buying an additional 20,746 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on PG shares. Dbs Bank upgraded Procter & Gamble to a “moderate buy” rating in a research report on Tuesday. Bank of America reduced their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. BNP Paribas Exane reduced their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Barclays reduced their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 1st. Finally, Wells Fargo & Company cut their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Twelve analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $171.53.

Insider Buying and Selling at Procter & Gamble

In related news, CFO Andre Schulten sold 11,638 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares of the company’s stock, valued at approximately $8,279,007.34. This represents a 18.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jon R. Moeller sold 40,119 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $6,309,515.13. Following the transaction, the chief executive officer directly owned 319,375 shares in the company, valued at approximately $50,228,106.25. This trade represents a 11.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 149,763 shares of company stock worth $23,421,279 in the last quarter. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Down 1.8%

Shares of Procter & Gamble stock opened at $148.63 on Thursday. Procter & Gamble Company has a one year low of $146.96 and a one year high of $180.43. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. The stock’s 50-day moving average is $154.23 and its 200 day moving average is $158.09. The firm has a market cap of $347.32 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 3.95 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same quarter in the prior year, the company earned $1.93 EPS. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be paid 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 of this dividend is Friday, October 24th. Procter & Gamble’s dividend payout ratio is 61.61%.

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.