Delaney Dennis R increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,040 shares of the company’s stock after buying an additional 500 shares during the quarter. Procter & Gamble accounts for approximately 3.4% of Delaney Dennis R’s holdings, making the stock its 13th biggest position. Delaney Dennis R’s holdings in Procter & Gamble were worth $6,538,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of PG. Oregon Public Employees Retirement Fund boosted its position in Procter & Gamble by 0.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 202,617 shares of the company’s stock worth $32,281,000 after acquiring an additional 1,100 shares during the period. Concord Asset Management LLC VA boosted its holdings in shares of Procter & Gamble by 36.0% during the second quarter. Concord Asset Management LLC VA now owns 21,666 shares of the company’s stock worth $3,452,000 after purchasing an additional 5,734 shares during the period. Sequoia Financial Advisors LLC grew its position in Procter & Gamble by 4.3% during the second quarter. Sequoia Financial Advisors LLC now owns 331,477 shares of the company’s stock valued at $52,811,000 after purchasing an additional 13,663 shares in the last quarter. Total Clarity Wealth Management Inc. increased its stake in Procter & Gamble by 8.0% in the 2nd quarter. Total Clarity Wealth Management Inc. now owns 2,435 shares of the company’s stock valued at $388,000 after buying an additional 181 shares during the period. Finally, Vest Financial LLC lifted its position in Procter & Gamble by 0.5% in the 2nd quarter. Vest Financial LLC now owns 367,748 shares of the company’s stock worth $58,590,000 after buying an additional 1,823 shares in the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently commented on PG. Bank of America lowered their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Barclays cut their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 1st. JPMorgan Chase & Co. lowered their price target on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating for the company in a research note on Friday. Finally, UBS Group cut their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $172.21.
Procter & Gamble Stock Down 1.4%
PG opened at $147.54 on Tuesday. The firm has a market cap of $345.32 billion, a P/E ratio of 22.66, a price-to-earnings-growth ratio of 3.97 and a beta of 0.36. 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 business has a 50 day moving average price of $155.18 and a 200 day moving average price of $159.27. Procter & Gamble Company has a twelve month low of $146.96 and a twelve month high of $180.43.
Procter & Gamble (NYSE:PG – Get Free Report) last announced 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 return on equity of 32.69% and a net margin of 18.95%.The company 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 company posted $1.40 earnings per share. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.
Insider Activity
In other Procter & Gamble 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 transaction of $1,548,952.23. Following the completion of the sale, the insider directly owned 182,422 shares in the company, valued at $28,689,507.94. This represents a 5.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Shailesh Jejurikar sold 13,039 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $2,050,643.53. Following the completion of the transaction, the chief operating officer owned 28,036 shares in the company, valued at $4,409,221.72. The trade was a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 149,763 shares of company stock worth $23,421,279. 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.
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