First Hawaiian Bank Boosts Holdings in Procter & Gamble Company (The) $PG

First Hawaiian Bank grew its position in Procter & Gamble Company (The) (NYSE:PG) by 11.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,366 shares of the company’s stock after buying an additional 940 shares during the period. First Hawaiian Bank’s holdings in Procter & Gamble were worth $1,596,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Northern Trust Corp lifted its holdings in shares of Procter & Gamble by 0.8% in the 1st quarter. Northern Trust Corp now owns 29,644,000 shares of the company’s stock worth $5,051,930,000 after acquiring an additional 248,792 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of Procter & Gamble by 13.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company’s stock worth $3,660,737,000 after acquiring an additional 2,466,308 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Procter & Gamble by 3.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 17,405,539 shares of the company’s stock worth $2,966,252,000 after acquiring an additional 583,629 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Procter & Gamble by 6.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,293,428 shares of the company’s stock worth $2,947,146,000 after acquiring an additional 1,018,865 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of Procter & Gamble by 0.6% in the 1st quarter. Royal Bank of Canada now owns 17,273,679 shares of the company’s stock worth $2,943,779,000 after acquiring an additional 111,162 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Susan Street Whaley sold 1,000 shares of the firm’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $156.84, for a total value of $156,840.00. Following the sale, the insider directly owned 28,436 shares in the company, valued at approximately $4,459,902.24. This trade represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sundar G. Raman sold 9,554 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the completion of the sale, the chief executive officer owned 41,886 shares in the company, valued at $6,624,689.76. The trade was a 18.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is currently owned by insiders.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $158.02 on Friday. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The company’s 50 day moving average is $156.21 and its two-hundred day moving average is $161.90. The firm has a market cap of $369.85 billion, a PE ratio of 24.27, a price-to-earnings-growth ratio of 4.19 and a beta of 0.36. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the business earned $1.40 EPS. The company’s revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.98%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on PG shares. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a report on Wednesday, July 30th. Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the stock an “equal weight” rating in a report on Thursday, July 31st. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. BNP Paribas reiterated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Finally, Evercore ISI reiterated an “in-line” rating and set a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $175.12.

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.