Vontobel Holding Ltd. Acquires 37,117 Shares of Procter & Gamble Company (The) $PG

Vontobel Holding Ltd. grew its position in Procter & Gamble Company (The) (NYSE:PG) by 14.7% in the second quarter, Holdings Channel reports. The fund owned 290,367 shares of the company’s stock after acquiring an additional 37,117 shares during the quarter. Vontobel Holding Ltd.’s holdings in Procter & Gamble were worth $46,261,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble in the 1st quarter valued at $26,000. Signature Resources Capital Management LLC increased its holdings in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the period. Quarry LP acquired a new stake in Procter & Gamble in the first quarter valued at $33,000. Mizuho Securities Co. Ltd. increased its holdings in Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 170 shares during the period. Finally, RMG Wealth Management LLC acquired a new stake in Procter & Gamble in the second quarter valued at $37,000. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Jon R. Moeller sold 11,684 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $1,778,655.32. Following the completion of the sale, the chief executive officer directly owned 319,932 shares in the company, valued at $48,703,248.36. This trade represents a 3.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Balaji Purushothaman sold 490 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $74,592.70. Following the completion of the sale, the insider owned 12,616 shares of the company’s stock, valued at approximately $1,920,533.68. This represents a 3.74% decrease in their ownership of the stock. 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 90 days. 0.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on PG shares. Evercore ISI restated an “in-line” rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Wells Fargo & Company decreased their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. BNP Paribas restated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. Finally, Barclays decreased their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a report on Wednesday, October 1st. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $172.58.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $150.67 on Thursday. 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 business has a 50-day moving average price of $155.26 and a two-hundred day moving average price of $159.72. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43. The company has a market cap of $352.64 billion, a P/E ratio of 23.14, a PEG ratio of 4.05 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its 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. 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%.The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the business posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

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.