Investment Advisory Group LLC boosted its holdings in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 1.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,811 shares of the company’s stock after acquiring an additional 285 shares during the quarter. Procter & Gamble accounts for approximately 1.0% of Investment Advisory Group LLC’s holdings, making the stock its 24th largest position. Investment Advisory Group LLC’s holdings in Procter & Gamble were worth $3,316,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new position in Procter & Gamble in the 1st quarter valued at approximately $26,000. Signature Resources Capital Management LLC lifted its position in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP bought a new position in Procter & Gamble in the 1st quarter valued at approximately $33,000. Mizuho Securities Co. Ltd. lifted its position in Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after acquiring an additional 170 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new position in Procter & Gamble in the 2nd quarter valued at approximately $37,000. 65.77% of the stock is owned by institutional investors.
Insider Transactions at Procter & Gamble
In other Procter & Gamble news, CEO Jon R. Moeller sold 11,684 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $1,778,655.32. Following the completion of the sale, the chief executive officer owned 319,932 shares in the company, valued at approximately $48,703,248.36. This represents a 3.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Andre Schulten sold 4,252 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $647,281.96. Following the completion of the sale, the chief financial officer owned 53,992 shares of the company’s stock, valued at $8,219,202.16. The trade was a 7.30% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 149,763 shares of company stock worth $23,421,279 over the last three months. 0.20% of the stock is currently owned by insiders.
Procter & Gamble Trading Down 0.6%
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.Procter & Gamble’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.
Analyst Upgrades and Downgrades
PG has been the topic of several research analyst reports. Berenberg Bank increased their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Bank of America lowered their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday. BNP Paribas Exane lowered their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. lowered their price target on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a report on Friday. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $172.21.
View Our Latest Research Report on PG
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.
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