Lawood & Co. Buys Shares of 8,246 Procter & Gamble Company (The) $PG

Lawood & Co. purchased a new position in shares of Procter & Gamble Company (The) (NYSE:PG) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 8,246 shares of the company’s stock, valued at approximately $1,182,000. Procter & Gamble accounts for about 1.1% of Lawood & Co.’s investment portfolio, making the stock its 29th biggest position.

Several other hedge funds also recently modified their holdings of the company. Novare Capital Management LLC boosted its stake in shares of Procter & Gamble by 18.6% during the 4th quarter. Novare Capital Management LLC now owns 10,990 shares of the company’s stock worth $1,575,000 after purchasing an additional 1,727 shares during the last quarter. Sound Portfolio Advisors LLC acquired a new stake in shares of Procter & Gamble during the 4th quarter worth about $257,000. DNB Asset Management AS boosted its stake in shares of Procter & Gamble by 26.6% during the 4th quarter. DNB Asset Management AS now owns 588,052 shares of the company’s stock worth $84,274,000 after purchasing an additional 123,713 shares during the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Procter & Gamble by 1.3% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 582,167 shares of the company’s stock worth $83,430,000 after purchasing an additional 7,211 shares during the last quarter. Finally, IMG Wealth Management Inc. boosted its stake in shares of Procter & Gamble by 16.1% during the 4th quarter. IMG Wealth Management Inc. now owns 838 shares of the company’s stock worth $120,000 after purchasing an additional 116 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In related news, insider Susan Street Whaley sold 1,809 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the transaction, the insider owned 30,215 shares in the company, valued at approximately $4,818,083.90. This trade represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the transaction, the chief executive officer owned 1,029 shares in the company, valued at $170,083.41. The trade was a 84.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Down 0.7%

Shares of PG stock opened at $141.68 on Friday. The firm has a market cap of $329.91 billion, a P/E ratio of 20.71, a PEG ratio of 6.12 and a beta of 0.41. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $170.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The firm’s 50-day simple moving average is $146.10 and its 200-day simple moving average is $148.21.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. The business had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio is currently 63.60%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Friday, March 27th. Rothschild & Co Redburn decreased their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research note on Monday, April 27th. Raymond James Financial decreased their price target on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. TD Cowen increased their price objective on shares of Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a report on Monday, April 27th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $161.06.

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.