Bontempo Ohly Capital Mgmt LLC Takes Position in Procter & Gamble Company (The) $PG

Bontempo Ohly Capital Mgmt LLC acquired a new stake in Procter & Gamble Company (The) (NYSE:PG) during the 1st quarter, Holdings Channel reports. The institutional investor acquired 15,975 shares of the company’s stock, valued at approximately $2,722,000. Procter & Gamble comprises about 1.3% of Bontempo Ohly Capital Mgmt LLC’s holdings, making the stock its 27th largest position.

Other hedge funds also recently bought and sold shares of the company. Nova Wealth Management Inc. bought a new position in Procter & Gamble in the 1st quarter valued at $26,000. Capital A Wealth Management LLC bought a new position in Procter & Gamble in the 4th quarter valued at $31,000. Quarry LP bought a new position in Procter & Gamble in the 1st quarter valued at $33,000. 10Elms LLP bought a new position in Procter & Gamble in the 4th quarter valued at $34,000. Finally, Mizuho Securities Co. Ltd. grew its position in Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after acquiring an additional 170 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Activity

In related news, CEO Jennifer L. Davis sold 8,596 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer directly owned 64,991 shares in the company, valued at $10,221,134.57. This represents a 11.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the sale, the chief executive officer owned 34,978 shares of the company’s stock, valued at $5,532,120.48. This trade represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock worth $18,918,012 over the last ninety days. 0.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have commented on PG. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Evercore ISI reiterated an “in-line” rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. Wells Fargo & Company lowered their target price on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. Finally, BNP Paribas reiterated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $175.12.

Procter & Gamble Price Performance

Shares of PG stock opened at $158.63 on Friday. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $371.27 billion, a price-to-earnings ratio of 24.37, a P/E/G ratio of 4.15 and a beta of 0.36. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The stock has a fifty day simple moving average of $156.26 and a two-hundred day simple moving average of $162.00.

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

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio is 64.82%.

Procter & Gamble Profile

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.