Procter & Gamble Company (The) $PG Shares Acquired by Avity Investment Management Inc.

Avity Investment Management Inc. grew its stake in Procter & Gamble Company (The) (NYSE:PG) by 46.3% during the second quarter, HoldingsChannel reports. The firm owned 259,491 shares of the company’s stock after purchasing an additional 82,166 shares during the quarter. Procter & Gamble comprises approximately 3.1% of Avity Investment Management Inc.’s portfolio, making the stock its 11th biggest holding. Avity Investment Management Inc.’s holdings in Procter & Gamble were worth $41,342,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of PG. Brighton Jones LLC increased its holdings in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares during the period. Bank Pictet & Cie Europe AG grew its holdings in Procter & Gamble by 493.6% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company’s stock worth $57,294,000 after acquiring an additional 284,174 shares during the period. Triumph Capital Management grew its holdings in Procter & Gamble by 102.7% during the fourth quarter. Triumph Capital Management now owns 9,400 shares of the company’s stock worth $1,576,000 after acquiring an additional 4,763 shares during the period. Sentinus LLC grew its holdings in Procter & Gamble by 12.2% during the fourth quarter. Sentinus LLC now owns 2,405 shares of the company’s stock worth $403,000 after acquiring an additional 262 shares during the period. Finally, Tang Capital Management LLC grew its holdings in Procter & Gamble by 54.8% during the fourth quarter. Tang Capital Management LLC now owns 7,962 shares of the company’s stock worth $1,335,000 after acquiring an additional 2,817 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on PG shares. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Wells Fargo & Company decreased their target price on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. 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 research report on Monday, July 14th. Barclays set a $164.00 target price on Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $175.12.

Procter & Gamble Stock Down 0.4%

Shares of NYSE:PG opened at $158.02 on Monday. 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 Company has a 52-week low of $149.91 and a 52-week high of $180.43. The stock’s fifty day simple moving average is $156.21 and its 200-day simple moving average is $161.77. The company has a market capitalization of $369.85 billion, a P/E ratio of 24.27, a P/E/G ratio of 4.17 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (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 business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the prior year, the business earned $1.40 earnings per share. The business’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. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio is presently 64.82%.

Insider Transactions at Procter & Gamble

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 stock was 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer 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. In the last three months, insiders sold 120,181 shares of company stock valued at $18,918,012. Corporate insiders own 0.20% of the company’s stock.

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.