Martin Capital Partners LLC Has $5.73 Million Stake in Procter & Gamble Company (The) $PG

Martin Capital Partners LLC grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 209.7% during the second quarter, Holdings Channel.com reports. The firm owned 35,942 shares of the company’s stock after acquiring an additional 24,335 shares during the period. Procter & Gamble accounts for about 2.2% of Martin Capital Partners LLC’s portfolio, making the stock its 20th largest position. Martin Capital Partners LLC’s holdings in Procter & Gamble were worth $5,726,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Unique Wealth LLC increased its position in Procter & Gamble by 2.9% in the 1st quarter. Unique Wealth LLC now owns 2,141 shares of the company’s stock valued at $365,000 after acquiring an additional 61 shares in the last quarter. Stableford Capital II LLC grew its stake in shares of Procter & Gamble by 1.1% during the first quarter. Stableford Capital II LLC now owns 5,817 shares of the company’s stock valued at $993,000 after purchasing an additional 61 shares during the last quarter. Bernard Wealth Management Corp. increased its holdings in shares of Procter & Gamble by 20.2% in the first quarter. Bernard Wealth Management Corp. now owns 375 shares of the company’s stock valued at $64,000 after purchasing an additional 63 shares in the last quarter. B & T Capital Management DBA Alpha Capital Management raised its position in Procter & Gamble by 2.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock worth $476,000 after purchasing an additional 63 shares during the last quarter. Finally, Kolinsky Wealth Management LLC lifted its holdings in Procter & Gamble by 1.1% during the 4th quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company’s stock worth $962,000 after buying an additional 64 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Gary A. Coombe sold 10,194 shares of the company’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 transaction of $1,612,283.04. Following the sale, the chief executive officer owned 34,978 shares in the company, valued at $5,532,120.48. This represents a 22.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Sundar G. Raman sold 9,554 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the transaction, the chief executive officer owned 41,886 shares in the company, valued at approximately $6,624,689.76. The trade was a 18.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Evercore ISI reissued an “in-line” rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Barclays set a $164.00 target price on shares of Procter & Gamble and gave the company an “equal weight” rating in a research report on Thursday, July 31st. BNP Paribas reiterated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, 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 report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $175.12.

Procter & Gamble Price Performance

Shares of PG stock opened at $158.02 on Monday. The firm has a market capitalization of $369.85 billion, a price-to-earnings ratio of 24.27, a price-to-earnings-growth ratio of 4.17 and a beta of 0.36. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. The firm has a fifty day moving average of $156.21 and a 200-day moving average of $161.77.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (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 for the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter last year, the business posted $1.40 EPS. The company’s revenue for the quarter 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, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a $1.0568 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble’s dividend payout ratio (DPR) is 64.82%.

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.