Procter & Gamble Company (The) $PG Shares Purchased by Tandem Investment Partners LLC

Tandem Investment Partners LLC increased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 12.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,924 shares of the company’s stock after purchasing an additional 530 shares during the period. Tandem Investment Partners LLC’s holdings in Procter & Gamble were worth $784,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Nova Wealth Management Inc. acquired a new stake in Procter & Gamble in the 1st quarter valued at about $26,000. Signature Resources Capital Management LLC raised its holdings 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 during the last quarter. Quarry LP acquired a new stake in Procter & Gamble in the 1st quarter valued at about $33,000. Mizuho Securities Co. Ltd. raised its holdings 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 during the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its holdings in Procter & Gamble by 50.3% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after acquiring an additional 82 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $152.19 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The stock has a market capitalization of $356.20 billion, a P/E ratio of 23.38, a PEG ratio of 4.02 and a beta of 0.36. The company has a 50 day moving average price of $155.51 and a 200 day moving average price of $160.00. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week 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, topping analysts’ consensus estimates of $1.42 by $0.06. The firm 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 quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.98%.

Insider Buying and Selling

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 shares of the firm’s stock in a transaction that occurred on 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 completion of the transaction, the insider owned 182,422 shares of the company’s stock, valued at $28,689,507.94. This trade represents a 5.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Shailesh Jejurikar sold 13,039 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief operating officer directly owned 28,036 shares of the company’s stock, valued at $4,409,221.72. This represents a 31.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 over the last three months. 0.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on PG shares. Barclays cut their price objective on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a report on Wednesday. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. BNP Paribas restated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Evercore ISI restated an “in-line” rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Finally, Berenberg Bank raised their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $173.11.

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.