Vermillion Wealth Management Inc. Has $206,000 Stock Position in Procter & Gamble Company (The) $PG

Vermillion Wealth Management Inc. lowered its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 6.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,291 shares of the company’s stock after selling 87 shares during the period. Vermillion Wealth Management Inc.’s holdings in Procter & Gamble were worth $206,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Benjamin Edwards Inc. boosted its holdings in Procter & Gamble by 120.7% in the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock worth $62,098,000 after acquiring an additional 199,258 shares in the last quarter. Capital Investment Advisory Services LLC boosted its holdings in Procter & Gamble by 13.8% in the first quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company’s stock worth $6,426,000 after acquiring an additional 4,562 shares in the last quarter. World Investment Advisors boosted its holdings in Procter & Gamble by 6.0% in the first quarter. World Investment Advisors now owns 50,913 shares of the company’s stock worth $8,677,000 after acquiring an additional 2,886 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in Procter & Gamble by 26.4% in the first quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company’s stock worth $20,451,000 after acquiring an additional 25,059 shares in the last quarter. Finally, Kelly Financial Services LLC boosted its holdings in Procter & Gamble by 8.7% in the first quarter. Kelly Financial Services LLC now owns 1,727 shares of the company’s stock worth $294,000 after acquiring an additional 138 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Shares of PG opened at $152.44 on Monday. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $356.78 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 4.02 and a beta of 0.36. The stock has a 50 day moving average of $156.00 and a 200 day moving average of $160.49. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS 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 the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.Procter & Gamble’s revenue was up 1.7% on a year-over-year basis. During the same period last year, the business posted $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared 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. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.98%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Jennifer L. Davis sold 8,596 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,351,892.92. Following the completion of the sale, the chief executive officer directly owned 64,991 shares of the company’s stock, valued at $10,221,134.57. This trade represents a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gary A. Coombe sold 10,194 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the sale, the chief executive officer directly owned 34,978 shares of the company’s stock, valued at $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock valued at $18,918,012 in the last ninety days. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on PG shares. Berenberg Bank increased their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Barclays set a $164.00 target price on Procter & Gamble and gave the company an “equal weight” rating in a report on Thursday, July 31st. Wells Fargo & Company dropped their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday. BNP Paribas restated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Finally, BNP Paribas Exane dropped their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $173.68.

Procter & Gamble Company 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.