Plato Investment Management Ltd Sells 913 Shares of Procter & Gamble Company (The) $PG

Plato Investment Management Ltd trimmed its holdings in Procter & Gamble Company (The) (NYSE:PG) by 1.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,328 shares of the company’s stock after selling 913 shares during the quarter. Procter & Gamble makes up approximately 0.9% of Plato Investment Management Ltd’s holdings, making the stock its 17th biggest position. Plato Investment Management Ltd’s holdings in Procter & Gamble were worth $10,737,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Capital A Wealth Management LLC purchased a new position in Procter & Gamble during the fourth quarter valued at $31,000. Quarry LP bought a new position in shares of Procter & Gamble during the 1st quarter valued at about $33,000. 10Elms LLP bought a new stake in shares of Procter & Gamble in the fourth quarter worth about $34,000. Sunbeam Capital Management LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter worth about $34,000. Finally, Mizuho Securities Co. Ltd. boosted its stake in Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after buying an additional 170 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Activity

In other Procter & Gamble news, insider Susan Street Whaley sold 1,000 shares of the business’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $156.84, for a total value of $156,840.00. Following the completion of the sale, the insider directly owned 28,436 shares of the company’s stock, valued at $4,459,902.24. The trade was a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jennifer L. Davis sold 8,596 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,351,892.92. Following the transaction, the chief executive officer directly owned 64,991 shares in the company, valued at approximately $10,221,134.57. This trade represents a 11.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 120,181 shares of company stock valued at $18,918,012. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

PG has been the topic of a number of research reports. Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Barclays set a $164.00 target price on shares of Procter & Gamble and gave the company an “equal weight” rating in a report on Thursday, July 31st. UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the company a “buy” rating in a research note on Wednesday, July 30th. Wells Fargo & Company reduced their target price on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a report on Wednesday, July 30th. Finally, BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $175.12.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $159.60 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The firm has a market capitalization of $373.54 billion, a P/E ratio of 24.52, a price-to-earnings-growth ratio of 4.20 and a beta of 0.36. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43. The company’s 50-day moving average is $156.37 and its 200 day moving average is $162.12.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.79 billion. During the same quarter in the prior year, the firm posted $1.40 earnings per share. The company’s quarterly revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is 64.98%.

About Procter & Gamble

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.