Randolph Co Inc Boosts Holdings in Procter & Gamble Company (The) $PG

Randolph Co Inc grew its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 16.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,600 shares of the company’s stock after purchasing an additional 807 shares during the period. Randolph Co Inc’s holdings in Procter & Gamble were worth $892,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Nova Wealth Management Inc. purchased a new stake in shares of Procter & Gamble during the first quarter valued at approximately $26,000. Quarry LP bought a new stake in shares of Procter & Gamble in the first quarter worth $33,000. Mizuho Securities Co. Ltd. increased its stake in shares of Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock worth $34,000 after buying an additional 170 shares during the last quarter. Quest 10 Wealth Builders Inc. increased its stake in shares of Procter & Gamble by 50.3% in the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock worth $42,000 after buying an additional 82 shares during the last quarter. Finally, Morton Brown Family Wealth LLC increased its stake in shares of Procter & Gamble by 84.6% in the first quarter. Morton Brown Family Wealth LLC now owns 251 shares of the company’s stock worth $43,000 after buying an additional 115 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on PG. UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Wells Fargo & Company dropped their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday. BNP Paribas restated an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Berenberg Bank lifted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. Finally, Barclays set a $164.00 target price on shares of Procter & Gamble and gave the company an “equal weight” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.78.

Insider Activity at Procter & Gamble

In other news, CEO Jon R. Moeller sold 40,119 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the completion of the transaction, the chief executive officer owned 319,375 shares of the company’s stock, valued at approximately $50,228,106.25. The trade was a 11.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of the business’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the transaction, the chief executive officer directly owned 34,978 shares of the company’s stock, valued at approximately $5,532,120.48. This trade represents a 22.57% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 120,181 shares of company stock valued at $18,918,012. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Down 0.2%

PG stock opened at $152.18 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43. The firm has a fifty day moving average price of $156.05 and a two-hundred day moving average price of $160.74. The firm has a market cap of $356.17 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 4.02 and a beta of 0.36.

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

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were issued a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s payout ratio is 64.98%.

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.