Joel Isaacson & Co. LLC Has $10.87 Million Stock Position in Procter & Gamble Company (The) $PG

Joel Isaacson & Co. LLC boosted its position in Procter & Gamble Company (The) (NYSE:PG) by 1.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 68,216 shares of the company’s stock after acquiring an additional 1,229 shares during the quarter. Joel Isaacson & Co. LLC’s holdings in Procter & Gamble were worth $10,868,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in shares of Procter & Gamble during the 1st quarter worth about $26,000. Signature Resources Capital Management LLC lifted its holdings in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after buying an additional 72 shares during the last quarter. Quarry LP acquired a new stake in shares of Procter & Gamble in the first quarter worth $33,000. Mizuho Securities Co. Ltd. raised its stake in Procter & Gamble by 566.7% during the 1st 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 last quarter. Finally, RMG Wealth Management LLC bought a new position in shares of Procter & Gamble during the 2nd quarter worth about $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a research report on Saturday, September 27th. UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. Evercore ISI reaffirmed an “in-line” rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Finally, BNP Paribas restated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $173.11.

Insider Buying and Selling

In other news, COO Shailesh Jejurikar sold 3,986 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $606,788.78. Following the transaction, the chief operating officer owned 46,899 shares of the company’s stock, valued at $7,139,434.77. This represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Balaji Purushothaman sold 490 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The stock was 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. The trade was a 3.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 149,763 shares of company stock worth $23,421,279. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Stock Down 1.2%

Shares of NYSE PG opened at $150.47 on Tuesday. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. The firm’s 50-day simple moving average is $155.38 and its 200 day simple moving average is $159.84. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The company has a market cap of $352.17 billion, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates 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 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 in the previous year, the firm posted $1.40 earnings per share. 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 earnings per share for the current fiscal year.

Procter & Gamble 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.