Genus Capital Management Inc. Has $298,000 Stake in Procter & Gamble Company (The) $PG

Genus Capital Management Inc. lowered its stake in Procter & Gamble Company (The) (NYSE:PG) by 87.0% in the second quarter, HoldingsChannel.com reports. The firm owned 1,869 shares of the company’s stock after selling 12,470 shares during the quarter. Genus Capital Management Inc.’s holdings in Procter & Gamble were worth $298,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nova Wealth Management Inc. acquired a new stake in shares of Procter & Gamble in the first quarter valued at approximately $26,000. Signature Resources Capital Management LLC increased its holdings in shares of Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares in the last quarter. Quarry LP acquired a new stake in shares of Procter & Gamble in the first quarter valued at approximately $33,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble in the second quarter valued at approximately $34,000. Finally, RMG Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Jon R. Moeller sold 11,684 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $1,778,655.32. Following the sale, the chief executive officer owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. This trade represents a 3.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $606,788.78. Following the completion of the sale, the chief operating officer directly owned 46,899 shares in the company, valued at approximately $7,139,434.77. This represents a 7.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 150,488 shares of company stock worth $23,529,718 in the last 90 days. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of PG opened at $145.79 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The stock has a 50 day simple moving average of $153.32 and a 200 day simple moving average of $157.37. Procter & Gamble Company has a 52-week low of $145.65 and a 52-week high of $180.43. The firm has a market capitalization of $340.67 billion, a PE ratio of 21.28, a P/E/G ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. During the same period in the previous year, the firm earned $1.93 EPS. Procter & Gamble’s quarterly revenue was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Sell-side analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be given a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 61.61%.

Analyst Ratings Changes

Several brokerages have recently commented on PG. Dbs Bank upgraded shares of Procter & Gamble to a “moderate buy” rating in a research report on Tuesday, October 28th. Evercore ISI reiterated an “in-line” rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. BNP Paribas reiterated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, BNP Paribas Exane lowered their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus target price of $171.53.

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.