Procter & Gamble Company (The) $PG Shares Bought by Kanawha Capital Management LLC

Kanawha Capital Management LLC raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 0.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 185,353 shares of the company’s stock after acquiring an additional 251 shares during the period. Procter & Gamble makes up 2.2% of Kanawha Capital Management LLC’s investment portfolio, making the stock its 9th largest position. Kanawha Capital Management LLC’s holdings in Procter & Gamble were worth $29,530,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Nicholson Wealth Management Group LLC grew its stake in shares of Procter & Gamble by 0.7% during the 2nd quarter. Nicholson Wealth Management Group LLC now owns 14,720 shares of the company’s stock valued at $2,345,000 after buying an additional 100 shares during the period. Chevy Chase Trust Holdings LLC grew its stake in shares of Procter & Gamble by 0.5% during the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 1,284,604 shares of the company’s stock valued at $204,663,000 after buying an additional 6,751 shares during the period. Arista Wealth Management LLC grew its stake in shares of Procter & Gamble by 829.2% during the 2nd quarter. Arista Wealth Management LLC now owns 10,965 shares of the company’s stock valued at $1,747,000 after buying an additional 9,785 shares during the period. Koa Wealth Management LLC purchased a new stake in shares of Procter & Gamble during the 2nd quarter valued at $769,000. Finally, Stratos Wealth Advisors LLC grew its stake in shares of Procter & Gamble by 2.4% during the 2nd quarter. Stratos Wealth Advisors LLC now owns 71,905 shares of the company’s stock valued at $11,456,000 after buying an additional 1,690 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on PG. Wells Fargo & Company lowered their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. UBS Group lowered their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Evercore ISI reaffirmed an “in-line” rating and set a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. BNP Paribas reaffirmed an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $172.21.

Procter & Gamble Stock Performance

NYSE:PG opened at $151.53 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The firm has a 50-day moving average of $154.92 and a two-hundred day moving average of $158.84. The stock has a market cap of $354.66 billion, a P/E ratio of 23.28, a PEG ratio of 3.97 and a beta of 0.36. Procter & Gamble Company has a 1-year low of $146.96 and a 1-year high of $180.43.

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

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be given a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s dividend payout ratio is presently 64.82%.

Insider Buying and Selling

In other news, insider Marc S. Pritchard sold 9,849 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the sale, the insider owned 182,422 shares in the company, valued at approximately $28,689,507.94. This represents a 5.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Shailesh Jejurikar sold 13,039 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the completion of the sale, the chief operating officer owned 28,036 shares in the company, valued at approximately $4,409,221.72. This trade represents a 31.74% 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 quarter. Company 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.