HM Payson & Co. Acquires 6,336 Shares of Procter & Gamble Company (The) $PG

HM Payson & Co. raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,101 shares of the company’s stock after buying an additional 6,336 shares during the period. HM Payson & Co.’s holdings in Procter & Gamble were worth $34,587,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PG. Brighton Jones LLC lifted its stake in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after buying an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. lifted its position in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after acquiring an additional 277 shares during the last quarter. Magnetar Financial LLC bought a new stake in Procter & Gamble during the first quarter valued at about $607,000. Panagora Asset Management Inc. boosted its holdings in Procter & Gamble by 15.2% during the first quarter. Panagora Asset Management Inc. now owns 53,257 shares of the company’s stock valued at $9,076,000 after acquiring an additional 7,019 shares during the period. Finally, Quarry LP bought a new position in shares of Procter & Gamble in the first quarter worth about $33,000. Institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on PG shares. Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and increased their target price for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. Wells Fargo & Company lowered their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Raymond James Financial dropped their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. Finally, Barclays dropped their price objective on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $171.38.

Procter & Gamble Stock Down 0.1%

PG opened at $144.54 on Tuesday. The company has a market capitalization of $337.74 billion, a P/E ratio of 21.10, a P/E/G ratio of 4.88 and a beta of 0.39. 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 firm’s fifty day moving average price is $146.66 and its two-hundred day moving average price is $152.58. Procter & Gamble Company has a fifty-two week low of $138.14 and a fifty-two week high of $179.99.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 EPS 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 32.63%. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same period last year, the firm 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. On average, analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s payout ratio is presently 61.61%.

Insider Buying and Selling

In related news, CEO Jennifer L. Davis sold 3,227 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $491,246.21. Following the sale, the chief executive officer owned 61,764 shares of the company’s stock, valued at $9,402,333.72. The trade was a 4.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total value of $108,438.25. Following the transaction, the chief accounting officer owned 979 shares of the company’s stock, valued at $146,429.03. This represents a 42.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 30,308 shares of company stock worth $4,611,852. Insiders own 0.20% of the company’s stock.

About Procter & Gamble

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.