OVERSEA CHINESE BANKING Corp Ltd Buys New Position in Procter & Gamble Company (The) $PG

OVERSEA CHINESE BANKING Corp Ltd purchased a new position in Procter & Gamble Company (The) (NYSE:PG) in the second quarter, HoldingsChannel reports. The institutional investor purchased 28,441 shares of the company’s stock, valued at approximately $4,172,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in PG. E Fund Management Co. Ltd. lifted its holdings in shares of Procter & Gamble by 3.3% during the 2nd quarter. E Fund Management Co. Ltd. now owns 24,885 shares of the company’s stock worth $3,649,000 after acquiring an additional 796 shares during the last quarter. Asahi Life Asset Management CO. LTD. increased its stake in Procter & Gamble by 15.1% in the second quarter. Asahi Life Asset Management CO. LTD. now owns 13,523 shares of the company’s stock valued at $1,983,000 after acquiring an additional 1,779 shares during the last quarter. MSH Capital Advisors LLC increased its stake in Procter & Gamble by 3.1% in the second quarter. MSH Capital Advisors LLC now owns 12,178 shares of the company’s stock valued at $1,786,000 after acquiring an additional 362 shares during the last quarter. Bell & Brown Wealth Advisors LLC raised its position in Procter & Gamble by 5.0% during the second quarter. Bell & Brown Wealth Advisors LLC now owns 20,010 shares of the company’s stock valued at $2,934,000 after purchasing an additional 949 shares in the last quarter. Finally, Northcape Wealth Management LLC lifted its stake in Procter & Gamble by 5.7% during the second quarter. Northcape Wealth Management LLC now owns 20,743 shares of the company’s stock worth $3,042,000 after purchasing an additional 1,114 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble News Summary

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Brokerages give PG an average “Moderate Buy” rating, with a consensus price target of $161.19 versus the recent share price near $146.61. That implies analysts see potential upside despite the stock’s premium valuation. Procter & Gamble Given Average Recommendation of Moderate Buy
• Positive Sentiment: Commentary is refocusing attention on PG’s dividend strength. The company recently paid a quarterly dividend of $1.0885 per share, equivalent to an annualized $4.35 and an approximately 3.0% yield, supporting its appeal to income-oriented and defensive investors. Procter & Gamble Dividend Strength Returns to Focus
• Positive Sentiment: PG continues to be highlighted as a long-term dividend and consumer-staples holding, reinforcing the stock’s stability appeal when investors favor established cash-generating businesses. Dividend Stocks to Buy Before August Ends
• Neutral Sentiment: Insiders Marc Pritchard and Susan Street Whaley sold shares specifically to cover tax withholding obligations connected with equity-award vesting. These sales are less concerning than open-market sales reflecting a negative view of PG’s outlook. Procter & Gamble Insider Sale
• Negative Sentiment: Chief Accounting Officer Matthew W. Janzaruk sold 359 shares, reducing his position by about 22%. Although small in dollar terms, the transaction may create modest sentiment pressure because it was not identified as a tax-withholding sale.
• Negative Sentiment: PG’s latest quarter showed revenue growth of only 1.5% year over year, with revenue below expectations and earnings down from the prior-year period. With shares trading at roughly 22 times earnings, investors may question whether the valuation adequately reflects the company’s limited near-term growth.

Analysts Set New Price Targets

PG has been the subject of a number of research reports. Wells Fargo & Company upped their price objective on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Rothschild & Co Redburn decreased their price objective on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th. Jefferies Financial Group boosted their target price on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Procter & Gamble in a research report on Wednesday, August 19th. Finally, HSBC reissued a “hold” rating and set a $149.00 price target (down from $182.00) on shares of Procter & Gamble in a research note on Thursday, July 30th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $161.19.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $146.61 on Tuesday. The business has a 50 day moving average of $147.66 and a 200 day moving average of $148.60. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a market cap of $340.79 billion, a PE ratio of 22.15, a P/E/G ratio of 4.46 and a beta of 0.39. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the previous year, the business posted $1.48 earnings per share. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.98 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 24th were paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Friday, July 24th. Procter & Gamble’s dividend payout ratio is presently 65.71%.

Insiders Place Their Bets

In other news, CAO Matthew W. Janzaruk sold 359 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $145.24, for a total value of $52,141.16. Following the completion of the transaction, the chief accounting officer owned 1,271 shares of the company’s stock, valued at approximately $184,600.04. This represents a 22.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Marc S. Pritchard sold 4,030 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $579,473.70. Following the completion of the transaction, the insider owned 187,001 shares of the company’s stock, valued at approximately $26,888,873.79. The trade was a 2.11% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 6,627 shares of company stock worth $953,417 over the last three months. Company insiders own 0.20% of the company’s stock.

Procter & Gamble 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.