Procter & Gamble Company (The) $PG Shares Acquired by Pacific Point Advisors LLC

Pacific Point Advisors LLC boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,235 shares of the company’s stock after purchasing an additional 296 shares during the period. Pacific Point Advisors LLC’s holdings in Procter & Gamble were worth $1,471,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in PG. Nova Wealth Management Inc. purchased a new stake in shares of Procter & Gamble in the 1st quarter valued at approximately $26,000. Signature Resources Capital Management LLC lifted its position in shares of Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP purchased a new stake in shares of Procter & Gamble in the 1st quarter valued at approximately $33,000. Mizuho Securities Co. Ltd. lifted its position in shares of Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after acquiring an additional 170 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. lifted its position in shares of Procter & Gamble by 50.3% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after acquiring an additional 82 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

Shares of PG opened at $153.67 on Wednesday. The company’s fifty day moving average is $155.87 and its 200-day moving average is $160.34. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The firm has a market cap of $359.66 billion, a price-to-earnings ratio of 23.61, a price-to-earnings-growth ratio of 4.05 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 posted its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) 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 posted $1.40 EPS. Procter & Gamble’s revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

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

Insiders Place Their Bets

In other Procter & Gamble news, CEO Gary A. Coombe sold 10,194 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 value of $1,612,283.04. Following the sale, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Jon R. Moeller sold 40,119 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 transaction of $6,309,515.13. Following the completion of the sale, the chief executive officer owned 319,375 shares in the company, valued at $50,228,106.25. This represents a 11.16% 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 worth $18,918,012 in the last ninety days. 0.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the company an “equal weight” rating in a research note on Thursday, July 31st. Evercore ISI reiterated an “in-line” rating and issued a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. BNP Paribas reiterated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Berenberg Bank upped their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $173.68.

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.