D. Scott Neal Inc. Boosts Stake in Procter & Gamble Company (The) $PG

D. Scott Neal Inc. grew its position in Procter & Gamble Company (The) (NYSE:PG) by 10.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,607 shares of the company’s stock after buying an additional 338 shares during the period. D. Scott Neal Inc.’s holdings in Procter & Gamble were worth $575,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. MRA Advisory Group boosted its holdings in shares of Procter & Gamble by 69.2% in the second quarter. MRA Advisory Group now owns 2,139 shares of the company’s stock valued at $341,000 after acquiring an additional 875 shares in the last quarter. Richard P Slaughter Associates Inc boosted its stake in shares of Procter & Gamble by 2.6% in the second quarter. Richard P Slaughter Associates Inc now owns 5,937 shares of the company’s stock valued at $946,000 after purchasing an additional 148 shares during the period. Canandaigua National Bank & Trust Co. boosted its stake in Procter & Gamble by 2.2% during the 2nd quarter. Canandaigua National Bank & Trust Co. now owns 81,525 shares of the company’s stock valued at $12,989,000 after acquiring an additional 1,732 shares during the last quarter. RMR Wealth Builders lifted its position in shares of Procter & Gamble by 13.1% in the 2nd quarter. RMR Wealth Builders now owns 16,325 shares of the company’s stock worth $2,601,000 after buying an additional 1,895 shares during the last quarter. Finally, Goldstone Financial Group LLC increased its stake in Procter & Gamble by 7.8% during the 2nd quarter. Goldstone Financial Group LLC now owns 8,426 shares of the company’s stock valued at $1,355,000 after buying an additional 612 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Down 0.4%

Shares of NYSE:PG opened at $158.02 on Monday. The stock has a market capitalization of $369.85 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 4.17 and a beta of 0.36. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. The stock has a fifty day simple moving average of $156.21 and a two-hundred day simple moving average of $161.77.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping 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 business had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. During the same quarter in the prior year, the business posted $1.40 earnings per share. The business’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. On average, research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were given a $1.0568 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.82%.

Analyst Ratings Changes

PG has been the subject of a number of analyst reports. Evercore ISI restated an “in-line” rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Wells Fargo & Company dropped their price target on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. Finally, BNP Paribas restated an “outperform” rating and set 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 given a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $175.12.

Insider Activity at Procter & Gamble

In related news, CEO Sundar G. Raman sold 9,554 shares of Procter & Gamble stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,511,060.64. Following the completion of the transaction, the chief executive officer owned 41,886 shares in the company, valued at $6,624,689.76. The trade was a 18.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jennifer L. Davis sold 8,596 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,351,892.92. Following the completion of the sale, the chief executive officer owned 64,991 shares of the company’s stock, valued at $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. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 in the last quarter. 0.20% of the stock is owned by insiders.

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.