Procter & Gamble Company (The) $PG Shares Acquired by Alpha Financial Partners LLC

Alpha Financial Partners LLC lifted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 19.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,504 shares of the company’s stock after buying an additional 244 shares during the period. Alpha Financial Partners LLC’s holdings in Procter & Gamble were worth $240,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PG. Nova Wealth Management Inc. acquired a new position in shares of Procter & Gamble during the 1st quarter valued at $26,000. Signature Resources Capital Management LLC lifted its holdings in shares of Procter & Gamble by 67.9% during 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 acquired a new position in shares of Procter & Gamble during the 1st quarter valued at $33,000. Mizuho Securities Co. Ltd. lifted its holdings in shares of Procter & Gamble by 566.7% during 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 acquired a new position in shares of Procter & Gamble during the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Price Performance

PG opened at $149.69 on Monday. The company has a 50-day moving average of $155.24 and a 200-day moving average of $159.41. The company has a market capitalization of $350.34 billion, a P/E ratio of 22.99, a PEG ratio of 3.97 and a beta of 0.36. Procter & Gamble Company has a 1-year low of $149.45 and a 1-year high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results 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 net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period in the previous year, the business posted $1.40 EPS. 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. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Analysts Set New Price Targets

PG has been the topic of several recent research reports. BNP Paribas Exane reduced their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Berenberg Bank lifted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. Bank of America dropped their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. BNP Paribas reaffirmed an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a research note on Friday. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $172.21.

Insiders Place Their Bets

In other news, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $6,309,515.13. Following the completion of the transaction, the chief executive officer directly owned 319,375 shares of the company’s stock, valued at approximately $50,228,106.25. The trade was a 11.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Andre Schulten sold 11,638 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the completion of the transaction, the chief financial officer directly owned 52,642 shares of the company’s stock, valued at $8,279,007.34. This trade represents a 18.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 149,763 shares of company stock worth $23,421,279. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble 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.