Mayflower Financial Advisors LLC Raises Stock Holdings in Procter & Gamble Company (The) $PG

Mayflower Financial Advisors LLC increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,365 shares of the company’s stock after acquiring an additional 355 shares during the period. Mayflower Financial Advisors LLC’s holdings in Procter & Gamble were worth $2,767,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. Analyst IMS Investment Management Services Ltd. lifted its position in shares of Procter & Gamble by 2.1% in the second quarter. Analyst IMS Investment Management Services Ltd. now owns 22,501 shares of the company’s stock valued at $3,585,000 after acquiring an additional 457 shares in the last quarter. WNY Asset Management LLC increased its stake in Procter & Gamble by 3.7% during the second quarter. WNY Asset Management LLC now owns 8,607 shares of the company’s stock worth $1,371,000 after acquiring an additional 308 shares during the last quarter. Oarsman Capital Inc. grew its stake in shares of Procter & Gamble by 2.3% in the second quarter. Oarsman Capital Inc. now owns 5,984 shares of the company’s stock valued at $953,000 after buying an additional 134 shares in the last quarter. Bank of Jackson Hole Trust grew its stake in Procter & Gamble by 13.7% during the 2nd quarter. Bank of Jackson Hole Trust now owns 12,127 shares of the company’s stock valued at $1,932,000 after purchasing an additional 1,457 shares in the last quarter. Finally, Motco grew its stake in Procter & Gamble by 609.4% during the 2nd quarter. Motco now owns 69,871 shares of the company’s stock valued at $10,513,000 after purchasing an additional 60,021 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PG. Bank of America cut 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, October 8th. 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. BNP Paribas restated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research report on Monday. Finally, Raymond James Financial cut their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $171.53.

Insider Buying and Selling

In other news, CFO Andre Schulten sold 4,252 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer directly owned 53,992 shares in the company, valued at approximately $8,219,202.16. This represents a 7.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Shailesh Jejurikar sold 3,986 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $606,788.78. Following the completion of the sale, the chief operating officer owned 46,899 shares in the company, valued at approximately $7,139,434.77. This represents a 7.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 149,763 shares of company stock worth $23,421,279. Insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Down 0.1%

Procter & Gamble stock opened at $151.54 on Wednesday. The business has a 50 day moving average price of $154.44 and a two-hundred day moving average price of $158.22. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The stock has a market cap of $354.10 billion, a price-to-earnings ratio of 22.12, a price-to-earnings-growth ratio of 4.03 and a beta of 0.36. Procter & Gamble Company has a 12 month low of $146.96 and a 12 month high of $180.43.

Procter & Gamble (NYSE:PG) last posted its quarterly 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. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, equities analysts forecast 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 will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s dividend payout ratio is currently 61.75%.

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.