ST Germain D J Co. Inc. Acquires 48,567 Shares of Procter & Gamble Company (The) $PG

ST Germain D J Co. Inc. raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 24.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 250,368 shares of the company’s stock after purchasing an additional 48,567 shares during the period. Procter & Gamble makes up 1.7% of ST Germain D J Co. Inc.’s portfolio, making the stock its 12th biggest position. ST Germain D J Co. Inc.’s holdings in Procter & Gamble were worth $39,889,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Benjamin Edwards Inc. boosted its stake in shares of Procter & Gamble by 120.7% in the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock valued at $62,098,000 after purchasing an additional 199,258 shares in the last quarter. Capital Investment Advisory Services LLC boosted its stake in shares of Procter & Gamble by 13.8% in the 1st quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company’s stock valued at $6,426,000 after purchasing an additional 4,562 shares in the last quarter. World Investment Advisors boosted its stake in shares of Procter & Gamble by 6.0% in the 1st quarter. World Investment Advisors now owns 50,913 shares of the company’s stock valued at $8,677,000 after purchasing an additional 2,886 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of Procter & Gamble by 26.4% in the 1st quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company’s stock valued at $20,451,000 after purchasing an additional 25,059 shares in the last quarter. Finally, Kelly Financial Services LLC boosted its stake in shares of Procter & Gamble by 8.7% in the 1st quarter. Kelly Financial Services LLC now owns 1,727 shares of the company’s stock valued at $294,000 after purchasing an additional 138 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $152.44 on Friday. 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 1 year low of $149.91 and a 1 year high of $180.43. The company has a market cap of $356.78 billion, a PE ratio of 23.42, a PEG ratio of 4.01 and a beta of 0.36. The company’s 50-day moving average is $156.00 and its two-hundred day moving average is $160.60.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the prior year, the company posted $1.40 EPS. The company’s 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. Equities analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is presently 64.82%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the company a “buy” rating in a research note on Wednesday, July 30th. Berenberg Bank upped their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. BNP Paribas reiterated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Wells Fargo & Company reduced their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Barclays set a $164.00 price target on shares of Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock 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 company’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 $6,309,515.13. Following the completion of the sale, the chief executive officer directly owned 319,375 shares of the company’s stock, valued at $50,228,106.25. This represents a 11.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Shailesh Jejurikar sold 13,039 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $2,050,643.53. Following the completion of the sale, the chief operating officer directly owned 28,036 shares of the company’s stock, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 120,181 shares of company stock worth $18,918,012. Insiders own 0.20% of the company’s stock.

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.