Richard P Slaughter Associates Inc Boosts Stock Holdings in Procter & Gamble Company (The) $PG

Richard P Slaughter Associates Inc boosted its stake in Procter & Gamble Company (The) (NYSE:PG) by 2.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 5,937 shares of the company’s stock after acquiring an additional 148 shares during the quarter. Richard P Slaughter Associates Inc’s holdings in Procter & Gamble were worth $946,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Northern Trust Corp boosted its stake in Procter & Gamble by 0.8% during the 1st quarter. Northern Trust Corp now owns 29,644,000 shares of the company’s stock worth $5,051,930,000 after purchasing an additional 248,792 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Procter & Gamble by 13.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company’s stock valued at $3,660,737,000 after acquiring an additional 2,466,308 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Procter & Gamble by 3.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 17,405,539 shares of the company’s stock valued at $2,966,252,000 after buying an additional 583,629 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Procter & Gamble by 6.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,293,428 shares of the company’s stock valued at $2,947,146,000 after buying an additional 1,018,865 shares during the period. Finally, Royal Bank of Canada raised its holdings in Procter & Gamble by 0.6% in the 1st quarter. Royal Bank of Canada now owns 17,273,679 shares of the company’s stock valued at $2,943,779,000 after buying an additional 111,162 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity

In other news, insider Marc S. Pritchard sold 9,849 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,548,952.23. Following the completion of the transaction, the insider owned 182,422 shares of the company’s stock, valued at approximately $28,689,507.94. This represents a 5.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Andre Schulten sold 11,638 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,830,308.26. Following the completion of the transaction, the chief financial officer directly owned 52,642 shares of the company’s stock, valued at approximately $8,279,007.34. The trade was a 18.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock worth $18,918,012 over the last 90 days. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent research reports. Wells Fargo & Company cut their price target on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 30th. JPMorgan Chase & Co. restated a “neutral” rating and set a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. BNP Paribas reiterated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Evercore ISI reaffirmed an “in-line” rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Finally, UBS Group set a $180.00 price objective on Procter & Gamble and gave the stock a “buy” rating in a research report on Wednesday, July 30th. One research 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, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $175.12.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $158.02 on Monday. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. 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 company has a market capitalization of $369.85 billion, a price-to-earnings ratio of 24.27, a price-to-earnings-growth ratio of 4.17 and a beta of 0.36. The business has a 50 day simple moving average of $156.21 and a 200-day simple moving average of $161.77.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS 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 the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current 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 yield of 2.7%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio is presently 64.82%.

Procter & Gamble Company 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.