Joseph Group Capital Management Buys 3,001 Shares of Procter & Gamble Company (The) $PG

Joseph Group Capital Management lifted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,096 shares of the company’s stock after acquiring an additional 3,001 shares during the quarter. Procter & Gamble comprises approximately 1.7% of Joseph Group Capital Management’s holdings, making the stock its 23rd largest position. Joseph Group Capital Management’s holdings in Procter & Gamble were worth $5,113,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. PFG Advisors lifted its holdings in Procter & Gamble by 1.7% in the 2nd quarter. PFG Advisors now owns 80,319 shares of the company’s stock worth $12,913,000 after purchasing an additional 1,313 shares during the last quarter. Zions Bancorporation National Association UT lifted its stake in shares of Procter & Gamble by 1.0% in the second quarter. Zions Bancorporation National Association UT now owns 10,253 shares of the company’s stock worth $1,634,000 after buying an additional 99 shares during the last quarter. Future Fund LLC boosted its holdings in shares of Procter & Gamble by 10.2% during the 2nd quarter. Future Fund LLC now owns 5,883 shares of the company’s stock worth $937,000 after buying an additional 546 shares during the period. Midwest Trust Co acquired a new position in Procter & Gamble in the 2nd quarter valued at $63,468,000. Finally, LFA Lugano Financial Advisors SA raised its holdings in Procter & Gamble by 89.0% in the 2nd quarter. LFA Lugano Financial Advisors SA now owns 378 shares of the company’s stock worth $60,000 after acquiring an additional 178 shares during the period. 65.77% of the stock is owned by institutional investors.

Insider Transactions at Procter & Gamble

In related news, CEO Jon R. Moeller sold 40,119 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 319,375 shares in the company, valued at $50,228,106.25. This trade represents a 11.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Marc S. Pritchard sold 9,849 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the completion of the sale, the insider directly owned 182,422 shares in the company, valued at approximately $28,689,507.94. This represents a 5.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 150,488 shares of company stock valued at $23,529,718. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $146.90 on Monday. The firm has a market capitalization of $343.28 billion, a PE ratio of 21.45, a PEG ratio of 3.87 and a beta of 0.36. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a 1-year low of $144.46 and a 1-year high of $180.43. The business’s 50 day moving average is $152.93 and its 200-day moving average is $157.02.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.Procter & Gamble’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the business earned $1.93 earnings per share. 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 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be paid 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 yield of 2.9%. Procter & Gamble’s payout ratio is presently 61.61%.

Analysts Set New Price Targets

A number of research firms have issued reports on PG. UBS Group decreased their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. BNP Paribas restated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Berenberg Bank lifted their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Bank of America reduced their price objective 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. Finally, Dbs Bank raised shares of Procter & Gamble to a “moderate buy” rating in a research report on Tuesday, October 28th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.