Mufg Securities Americas Inc. Boosts Holdings in Procter & Gamble Company (The) $PG

Mufg Securities Americas Inc. grew its position in Procter & Gamble Company (The) (NYSE:PG) by 21.6% during the 3rd quarter, Holdings Channel reports. The fund owned 63,165 shares of the company’s stock after buying an additional 11,203 shares during the quarter. Procter & Gamble comprises about 0.6% of Mufg Securities Americas Inc.’s holdings, making the stock its 25th biggest position. Mufg Securities Americas Inc.’s holdings in Procter & Gamble were worth $9,705,000 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 PG. Halbert Hargrove Global Advisors LLC purchased a new stake in Procter & Gamble during the third quarter worth about $25,000. Corundum Trust Company INC acquired a new stake in Procter & Gamble during the 3rd quarter valued at $32,000. Marquette Asset Management LLC purchased a new stake in Procter & Gamble during the 3rd quarter worth about $37,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Procter & Gamble during the third quarter worth about $40,000. Finally, Manning & Napier Advisors LLC purchased a new stake in Procter & Gamble in the 3rd quarter worth approximately $44,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on PG. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $157.00 to $165.00 in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a report on Monday, December 8th. Erste Group Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. UBS Group lifted their price target on Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Finally, Rothschild & Co Redburn raised their price objective on Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, January 23rd. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $168.33.

Procter & Gamble Stock Up 2.6%

PG opened at $165.04 on Tuesday. The stock’s fifty day moving average is $149.42 and its 200-day moving average is $150.77. Procter & Gamble Company has a one year low of $137.62 and a one year high of $179.99. The company has a market capitalization of $383.55 billion, a PE ratio of 24.45, a P/E/G ratio of 5.34 and a beta of 0.38. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72.

Procter & Gamble (NYSE:PG) last released 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. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period in the previous year, the company earned $1.88 earnings per share. Procter & Gamble’s revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s payout ratio is presently 62.67%.

Insiders Place Their Bets

In other Procter & Gamble news, insider Moses Victor Javier Aguilar sold 15,169 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the sale, the insider owned 44,735 shares in the company, valued at approximately $7,259,595.80. The trade was a 25.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the completion of the transaction, the insider directly owned 182,607 shares in the company, valued at approximately $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 343,069 shares of company stock worth $54,545,448. Corporate insiders own 0.20% of the company’s stock.

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.