Waratah Capital Advisors Ltd. Buys 142,538 Shares of Procter & Gamble Company (The) $PG

Waratah Capital Advisors Ltd. increased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 1,490.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,100 shares of the company’s stock after purchasing an additional 142,538 shares during the quarter. Procter & Gamble comprises about 0.6% of Waratah Capital Advisors Ltd.’s portfolio, making the stock its 19th biggest position. Waratah Capital Advisors Ltd.’s holdings in Procter & Gamble were worth $24,233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. raised its position in shares of Procter & Gamble by 10.6% during 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 during the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Procter & Gamble in the 1st quarter valued at $228,000. Formidable Asset Management LLC boosted its position in shares of Procter & Gamble by 0.3% in the 1st 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 during the last quarter. Finally, Buckhead Capital Management LLC increased its holdings in Procter & Gamble by 4.7% in 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 and hedge funds own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on PG shares. JPMorgan Chase & Co. boosted their target price on Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Dbs Bank upgraded shares of Procter & Gamble to a “moderate buy” rating in a report on Tuesday, October 28th. Berenberg Bank boosted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. 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 note on Thursday, September 25th. Finally, BNP Paribas restated an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $171.53.

Procter & Gamble Stock Down 0.2%

PG stock opened at $147.71 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. The stock has a market capitalization of $345.16 billion, a P/E ratio of 21.56, a P/E/G ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a fifty-two week low of $144.09 and a fifty-two week high of $180.43. The business has a 50-day moving average of $151.83 and a 200-day moving average of $156.57.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion for 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%.The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

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

Insider Activity

In related news, CFO Andre Schulten sold 4,252 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $647,281.96. Following the completion of the transaction, the chief financial officer directly owned 53,992 shares of the company’s stock, valued at approximately $8,219,202.16. This represents a 7.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jon R. Moeller sold 11,684 shares of the firm’s 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 $1,778,655.32. Following the completion of the transaction, the chief executive officer owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. This represents a 3.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 150,489 shares of company stock worth $23,529,864. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Company 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.