Henrickson Nauta Wealth Advisors Inc. lifted its stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 5.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,477 shares of the company’s stock after acquiring an additional 78 shares during the quarter. Henrickson Nauta Wealth Advisors Inc.’s holdings in Procter & Gamble were worth $235,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the stock. Brighton Jones LLC increased its stake in Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after buying an additional 13,617 shares during the period. Bank Pictet & Cie Europe AG increased its stake in Procter & Gamble by 493.6% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company’s stock worth $57,294,000 after buying an additional 284,174 shares during the period. Strategic Wealth Partners Ltd. increased its stake in Procter & Gamble by 7.0% during the 4th quarter. Strategic Wealth Partners Ltd. now owns 6,035 shares of the company’s stock worth $1,032,000 after buying an additional 394 shares during the period. State of Wyoming increased its stake in Procter & Gamble by 219.9% during the 4th quarter. State of Wyoming now owns 3,829 shares of the company’s stock worth $642,000 after buying an additional 2,632 shares during the period. Finally, Two Sigma Advisers LP increased its stake in Procter & Gamble by 100.5% during the 4th quarter. Two Sigma Advisers LP now owns 110,300 shares of the company’s stock worth $18,492,000 after buying an additional 55,300 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Procter & Gamble
In other Procter & Gamble news, COO Shailesh Jejurikar sold 13,039 shares of the firm’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the transaction, the chief operating officer directly owned 28,036 shares of the company’s stock, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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 transaction of $1,612,283.04. Following the transaction, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 120,181 shares of company stock worth $18,918,012. Insiders own 0.20% of the company’s stock.
Procter & Gamble Trading Down 0.6%
Procter & Gamble (NYSE:PG – Get Free Report) last posted its 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 firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company’s revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.
Procter & Gamble Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given 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 of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is 64.98%.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on PG shares. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the company a “buy” rating in a research report on Wednesday, July 30th. Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the company an “equal weight” rating in a report on Thursday, July 31st. Wells Fargo & Company reduced 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. Finally, 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. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $175.12.
Get Our Latest Stock Analysis on PG
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.
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