City Holding Co. Acquires 523 Shares of Procter & Gamble Company (The) $PG

City Holding Co. increased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 0.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,354 shares of the company’s stock after acquiring an additional 523 shares during the quarter. Procter & Gamble comprises about 1.2% of City Holding Co.’s investment portfolio, making the stock its 17th biggest holding. City Holding Co.’s holdings in Procter & Gamble were worth $9,137,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of PG. Brighton Jones LLC increased its stake in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Investors Research Corp increased its stake in shares of Procter & Gamble by 90.0% in the 1st quarter. Investors Research Corp now owns 606 shares of the company’s stock worth $103,000 after acquiring an additional 287 shares in the last quarter. Cerro Pacific Wealth Advisors LLC raised its holdings in Procter & Gamble by 1.1% in the first quarter. Cerro Pacific Wealth Advisors LLC now owns 12,061 shares of the company’s stock worth $2,022,000 after buying an additional 132 shares during the last quarter. Peoples Bank KS lifted its stake in shares of Procter & Gamble by 0.8% in the first quarter. Peoples Bank KS now owns 10,417 shares of the company’s stock worth $1,775,000 after buying an additional 81 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its holdings in shares of Procter & Gamble by 19.2% during the first quarter. Fifth Third Wealth Advisors LLC now owns 44,211 shares of the company’s stock valued at $7,535,000 after buying an additional 7,120 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

Shares of PG stock opened at $152.44 on Monday. The company has a 50 day moving average price of $156.00 and a 200-day moving average price of $160.49. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The firm has a market capitalization of $356.78 billion, a PE ratio of 23.42, a P/E/G ratio of 4.02 and a beta of 0.36. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results 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 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 period in the previous year, the business posted $1.40 earnings per share. The business’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. 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were issued a $1.0568 dividend. 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 presently 64.98%.

Insider Buying and Selling

In related news, COO Shailesh Jejurikar sold 13,039 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief operating officer 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Andre Schulten sold 11,638 shares of the firm’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 $1,830,308.26. Following the completion of the transaction, the chief financial officer directly owned 52,642 shares in the company, 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 have sold a total of 120,181 shares of company stock valued at $18,918,012 in the last 90 days. 0.20% of the stock is owned by insiders.

Analysts Set New Price Targets

PG has been the subject of several analyst reports. BNP Paribas Exane reduced their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the company a “buy” rating in a research report on Wednesday, July 30th. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Berenberg Bank raised their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $173.68.

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.