Schulhoff & Co. Inc. Has $23.64 Million Stock Holdings in Procter & Gamble Company (The) $PG

Schulhoff & Co. Inc. cut its position in Procter & Gamble Company (The) (NYSE:PG) by 2.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 154,021 shares of the company’s stock after selling 4,160 shares during the quarter. Procter & Gamble makes up about 10.1% of Schulhoff & Co. Inc.’s holdings, making the stock its biggest position. Schulhoff & Co. Inc.’s holdings in Procter & Gamble were worth $23,642,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Czech National Bank raised its stake in Procter & Gamble by 3.8% during the 3rd quarter. Czech National Bank now owns 594,914 shares of the company’s stock valued at $91,409,000 after purchasing an additional 21,825 shares during the last quarter. Westerkirk Capital Inc. bought a new position in shares of Procter & Gamble during the 2nd quarter worth about $4,796,000. Vega Investment Solutions raised its position in shares of Procter & Gamble by 1.3% during the second quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock valued at $101,710,000 after buying an additional 8,500 shares during the last quarter. Jump Financial LLC bought a new stake in shares of Procter & Gamble in the second quarter valued at about $7,891,000. Finally, SVB Wealth LLC acquired a new stake in Procter & Gamble during the second quarter worth about $12,725,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on PG shares. BNP Paribas Exane cut their price target on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Wells Fargo & Company restated an “overweight” rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Tuesday, February 17th. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and raised their target price for the stock from $156.00 to $179.00 in a research report on Tuesday, December 16th. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a research note on Monday, October 27th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $168.33.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $160.77 on Monday. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $179.99. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. The stock has a fifty day moving average price of $149.02 and a two-hundred day moving average price of $150.68. The firm has a market capitalization of $373.62 billion, a P/E ratio of 23.82, a P/E/G ratio of 5.34 and a beta of 0.38.

Procter & Gamble (NYSE:PG) last announced its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the company posted $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts anticipate 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 was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were paid a $1.0568 dividend. The ex-dividend date was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.6%. Procter & Gamble’s payout ratio is 62.67%.

Insiders Place Their Bets

In other Procter & Gamble news, Chairman Jon R. Moeller sold 162,232 shares of Procter & Gamble stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $162.45, for a total value of $26,354,588.40. Following the completion of the transaction, the chairman owned 319,385 shares in the company, valued at approximately $51,884,093.25. The trade was a 33.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Marc S. Pritchard sold 95,903 shares of the stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total value of $14,495,738.45. Following the sale, the insider owned 182,607 shares in the company, valued at $27,601,048.05. The trade was a 34.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 341,260 shares of company stock worth $54,256,985 over the last ninety days. 0.20% of the stock is owned by insiders.

Procter & Gamble Company Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.