Rathbones Group PLC Acquires 67,171 Shares of Procter & Gamble Company (The) $PG

Rathbones Group PLC raised its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 5.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,416,655 shares of the company’s stock after purchasing an additional 67,171 shares during the period. Procter & Gamble accounts for 1.0% of Rathbones Group PLC’s portfolio, making the stock its 26th largest position. Rathbones Group PLC owned approximately 0.06% of Procter & Gamble worth $225,701,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Brighton Jones LLC boosted its stake in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after purchasing an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. raised its holdings in Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after buying an additional 277 shares during the last quarter. Summit Wealth Group LLC lifted its stake in shares of Procter & Gamble by 11.2% in the first quarter. Summit Wealth Group LLC now owns 7,437 shares of the company’s stock worth $1,267,000 after buying an additional 752 shares in the last quarter. Lane & Associates LLC lifted its stake in shares of Procter & Gamble by 24.8% in the first quarter. Lane & Associates LLC now owns 17,107 shares of the company’s stock worth $2,915,000 after buying an additional 3,395 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. grew its holdings in shares of Procter & Gamble by 50.3% during the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after buying an additional 82 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PG. Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Morgan Stanley set a $175.00 target price on Procter & Gamble in a report on Monday, October 27th. Raymond James Financial lowered their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Wells Fargo & Company dropped their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Finally, Bank of America decreased their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $171.53.

Procter & Gamble Stock Performance

PG stock opened at $146.90 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. Procter & Gamble Company has a 1 year low of $144.46 and a 1 year high of $180.43. The company has a market cap of $343.28 billion, a P/E ratio of 21.45, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. The stock’s fifty day moving average price is $152.93 and its 200-day moving average price is $157.08.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The company had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.Procter & Gamble’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

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

Insider Buying and Selling

In other news, CFO Andre Schulten sold 11,638 shares of Procter & Gamble stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. This trade represents a 18.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Shailesh Jejurikar sold 13,039 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $2,050,643.53. Following the completion of the sale, the chief operating officer owned 28,036 shares of the company’s stock, valued at $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 150,488 shares of company stock valued at $23,529,718 in the last 90 days. 0.20% of the stock is owned by insiders.

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.