Reyes Financial Architecture Inc. boosted its holdings in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 7.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,002 shares of the company’s stock after buying an additional 201 shares during the quarter. Reyes Financial Architecture Inc.’s holdings in Procter & Gamble were worth $478,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Nova Wealth Management Inc. acquired a new stake in shares of Procter & Gamble during the first quarter valued at about $26,000. Capital A Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the fourth quarter valued at about $31,000. Quarry LP acquired a new position in shares of Procter & Gamble in the first quarter worth approximately $33,000. 10Elms LLP acquired a new position in shares of Procter & Gamble in the fourth quarter worth approximately $34,000. Finally, Sunbeam Capital Management LLC acquired a new position in shares of Procter & Gamble in the fourth quarter worth approximately $34,000. 65.77% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Procter & Gamble
In other news, insider Marc S. Pritchard sold 9,849 shares of the company’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 $1,548,952.23. Following the transaction, the insider directly owned 182,422 shares of the company’s stock, valued at $28,689,507.94. This represents a 5.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Shailesh Jejurikar sold 13,039 shares of the company’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 value of $2,050,643.53. Following the transaction, the chief operating officer directly owned 28,036 shares in the company, valued at $4,409,221.72. The trade was a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock valued at $18,918,012 over the last three months. 0.20% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Stock Report on Procter & Gamble
Procter & Gamble Price Performance
Shares of PG opened at $156.93 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The business’s 50 day moving average price is $156.14 and its two-hundred day moving average price is $161.65. The firm has a market cap of $367.30 billion, a PE ratio of 24.11, a price-to-earnings-growth ratio of 4.17 and a beta of 0.36.
Procter & Gamble (NYSE:PG – Get Free Report) last issued its earnings results 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. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period in the prior year, the firm earned $1.40 earnings per share. Procter & Gamble’s revenue for the quarter 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, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.
Procter & Gamble Dividend Announcement
The company 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 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio is presently 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.
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