Citizens Financial Group Inc. RI Purchases 64,331 Shares of Procter & Gamble Company (The) $PG

Citizens Financial Group Inc. RI lifted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 10.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 655,784 shares of the company’s stock after acquiring an additional 64,331 shares during the quarter. Procter & Gamble makes up approximately 1.7% of Citizens Financial Group Inc. RI’s holdings, making the stock its 12th largest holding. Citizens Financial Group Inc. RI’s holdings in Procter & Gamble were worth $104,479,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of PG. Brighton Jones LLC raised its holdings in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after buying an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. increased its position in Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after acquiring an additional 277 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Procter & Gamble in the first quarter worth about $228,000. Formidable Asset Management LLC lifted its position in shares of Procter & Gamble by 0.3% during the first quarter. Formidable Asset Management LLC now owns 293,368 shares of the company’s stock worth $49,996,000 after purchasing an additional 963 shares in the last quarter. Finally, Buckhead Capital Management LLC grew its stake in shares of Procter & Gamble by 4.7% during the first quarter. Buckhead Capital Management LLC now owns 5,816 shares of the company’s stock valued at $991,000 after purchasing an additional 263 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Activity at Procter & Gamble

In other news, CFO Andre Schulten sold 11,638 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 $1,830,308.26. Following the completion of the transaction, the chief financial officer owned 52,642 shares of the company’s stock, valued at $8,279,007.34. The trade was a 18.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Marc S. Pritchard sold 9,849 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 value of $1,548,952.23. Following the sale, the insider directly owned 182,422 shares in the company, valued at $28,689,507.94. The trade was a 5.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 150,489 shares of company stock valued at $23,529,864. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Trading Down 0.2%

NYSE PG opened at $147.71 on Friday. 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 12 month low of $144.09 and a 12 month high of $180.43. The company has a market capitalization of $345.16 billion, a PE ratio of 21.56, a P/E/G ratio of 3.87 and a beta of 0.36. The stock has a 50-day simple moving average of $151.83 and a 200 day simple moving average of $156.57.

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

Procter & Gamble Announces Dividend

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

Analyst Ratings Changes

Several research analysts have issued reports on PG shares. Bank of America reduced their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Berenberg Bank upped their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Barclays decreased their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Thursday. Finally, Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research note on Monday, October 27th. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $171.53.

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.