Talbot Financial LLC Boosts Stock Holdings in Procter & Gamble Company (The) $PG

Talbot Financial LLC increased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 6.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 94,076 shares of the company’s stock after buying an additional 5,606 shares during the period. Talbot Financial LLC’s holdings in Procter & Gamble were worth $14,455,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its stake in shares of Procter & Gamble by 655,209.0% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock worth $11,832,680,000 after acquiring an additional 76,017,350 shares in the last quarter. Norges Bank purchased a new position in shares of Procter & Gamble in the 2nd quarter valued at about $5,099,644,000. Laurel Wealth Advisors LLC raised its holdings in Procter & Gamble by 15,971.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock worth $1,117,270,000 after purchasing an additional 6,969,110 shares during the period. Vanguard Group Inc. boosted its position in Procter & Gamble by 1.4% during the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock worth $37,155,222,000 after purchasing an additional 3,189,111 shares in the last quarter. Finally, Invesco Ltd. boosted its position in Procter & Gamble by 21.4% during the second quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock worth $2,608,785,000 after purchasing an additional 2,880,895 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Down 1.6%

Shares of PG opened at $145.50 on Friday. Procter & Gamble Company has a 52-week low of $138.14 and a 52-week high of $179.99. The stock has a market cap of $339.99 billion, a PE ratio of 21.24, a price-to-earnings-growth ratio of 4.97 and a beta of 0.39. The firm’s fifty day moving average is $147.42 and its two-hundred day moving average is $153.72. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the firm posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s payout ratio is currently 61.75%.

Insiders Place Their Bets

In related news, insider Susan Street Whaley sold 2,408 shares of the 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 $366,569.84. Following the completion of the sale, the insider owned 31,770 shares of the company’s stock, valued at approximately $4,836,347.10. This trade represents a 7.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gary A. Coombe sold 3,535 shares of Procter & Gamble 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 $538,133.05. Following the transaction, the chief executive officer owned 34,816 shares in the company, valued at approximately $5,300,039.68. The trade was a 9.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 30,308 shares of company stock valued at $4,611,852. Insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on PG. Wells Fargo & Company reduced their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Raymond James Financial cut their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Barclays decreased their price objective on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. BNP Paribas Exane dropped their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Finally, Dbs Bank raised shares of Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. Thirteen analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $171.38.

About Procter & Gamble

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.