Ilmarinen Mutual Pension Insurance Co Buys 107,500 Shares of Procter & Gamble Company (The) $PG

Ilmarinen Mutual Pension Insurance Co raised its position in Procter & Gamble Company (The) (NYSE:PG) by 37.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 397,500 shares of the company’s stock after buying an additional 107,500 shares during the period. Procter & Gamble comprises approximately 0.6% of Ilmarinen Mutual Pension Insurance Co’s holdings, making the stock its 19th largest holding. Ilmarinen Mutual Pension Insurance Co’s holdings in Procter & Gamble were worth $67,742,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its position in shares of Procter & Gamble by 51.5% during the 4th 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 period. Bank Pictet & Cie Europe AG grew its holdings in Procter & Gamble by 493.6% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company’s stock worth $57,294,000 after acquiring an additional 284,174 shares during the period. Triumph Capital Management raised its position in shares of Procter & Gamble by 102.7% during the 4th quarter. Triumph Capital Management now owns 9,400 shares of the company’s stock valued at $1,576,000 after acquiring an additional 4,763 shares during the last quarter. Lighthouse Investment Partners LLC bought a new position in shares of Procter & Gamble in the 4th quarter worth $5,725,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Procter & Gamble by 27.1% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 433,001 shares of the company’s stock worth $72,593,000 after purchasing an additional 92,417 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Sundar G. Raman sold 9,554 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,511,060.64. Following the transaction, the chief executive officer owned 41,886 shares in the company, valued at $6,624,689.76. The trade was a 18.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Ma. Fatima Francisco sold 9,100 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,431,157.00. Following the completion of the transaction, the chief executive officer directly owned 27,295 shares in the company, valued at approximately $4,292,684.65. This represents a 25.00% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock worth $18,918,012 in the last three months. 0.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Evercore ISI restated an “in-line” rating and set a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Wells Fargo & Company cut their price objective on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. Finally, BNP Paribas restated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $175.12.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $159.60 on Wednesday. The firm has a fifty day simple moving average of $156.37 and a 200 day simple moving average of $162.12. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $373.54 billion, a PE ratio of 24.52, a P/E/G ratio of 4.20 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter in the previous year, the company posted $1.40 earnings per share. The company’s quarterly revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were issued a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.6%. Procter & Gamble’s dividend payout ratio is 64.98%.

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.