Procter & Gamble Company (The) $PG Holdings Lifted by Meridian Investment Counsel Inc.

Meridian Investment Counsel Inc. boosted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 5.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,501 shares of the company’s stock after buying an additional 239 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Procter & Gamble were worth $717,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of PG. Brighton Jones LLC boosted its stake in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after buying an additional 13,617 shares in the last quarter. Two Sigma Investments LP boosted its stake in Procter & Gamble by 2.4% during the fourth quarter. Two Sigma Investments LP now owns 18,133 shares of the company’s stock valued at $3,040,000 after buying an additional 433 shares in the last quarter. First Hawaiian Bank boosted its position in shares of Procter & Gamble by 11.2% in the 1st quarter. First Hawaiian Bank now owns 9,366 shares of the company’s stock valued at $1,596,000 after purchasing an additional 940 shares during the period. Versant Capital Management Inc boosted its position in shares of Procter & Gamble by 92.1% in the 1st quarter. Versant Capital Management Inc now owns 6,617 shares of the company’s stock valued at $1,128,000 after purchasing an additional 3,173 shares during the period. Finally, Legacy Private Trust Co. boosted its position in shares of Procter & Gamble by 25.5% in the 1st quarter. Legacy Private Trust Co. now owns 18,577 shares of the company’s stock valued at $3,166,000 after purchasing an additional 3,776 shares during the period. Institutional investors own 65.77% of the company’s stock.

Insider Activity at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 9,100 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,431,157.00. Following the completion of the sale, the chief executive officer directly owned 27,295 shares of the company’s stock, valued at $4,292,684.65. This trade represents a 25.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Jennifer L. Davis sold 8,596 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,351,892.92. Following the sale, the chief executive officer directly 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. Over the last three months, insiders sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is currently owned by corporate insiders.

Procter & Gamble Trading Up 0.2%

Shares of NYSE PG opened at $152.44 on Friday. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The firm has a market capitalization of $356.78 billion, a PE ratio of 23.42, a PEG ratio of 4.01 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. The business has a 50-day moving average price of $156.00 and a two-hundred day moving average price of $160.60.

Procter & Gamble (NYSE:PG) last announced 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. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the company posted $1.40 EPS. The business’s quarterly revenue 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. As a group, analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal 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 paid a dividend of $1.0568 per share. 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 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is 64.82%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Wells Fargo & Company decreased their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday. Barclays set a $164.00 price target on Procter & Gamble and gave the company an “equal weight” rating in a research report on Thursday, July 31st. UBS Group set a $180.00 price target on Procter & Gamble and gave the company a “buy” rating in a research report on Wednesday, July 30th. Evercore ISI reiterated an “in-line” rating and issued a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Finally, Berenberg Bank increased their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. One 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $173.78.

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.