Chicago Capital LLC Raises Stock Holdings in Procter & Gamble Company (The) $PG

Chicago Capital LLC boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 2.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,446 shares of the company’s stock after purchasing an additional 869 shares during the period. Chicago Capital LLC’s holdings in Procter & Gamble were worth $6,284,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Benjamin Edwards Inc. increased its position in Procter & Gamble by 120.7% in the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock worth $62,098,000 after buying an additional 199,258 shares during the last quarter. Capital Investment Advisory Services LLC grew its stake in shares of Procter & Gamble by 13.8% during the 1st quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company’s stock worth $6,426,000 after acquiring an additional 4,562 shares during the period. World Investment Advisors increased its holdings in Procter & Gamble by 6.0% in the 1st quarter. World Investment Advisors now owns 50,913 shares of the company’s stock worth $8,677,000 after acquiring an additional 2,886 shares during the last quarter. Concurrent Investment Advisors LLC raised its stake in 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 acquiring an additional 25,059 shares during the period. Finally, Kelly Financial Services LLC lifted its holdings in Procter & Gamble by 8.7% during the first 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 during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on PG. BNP Paribas Exane lowered their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Berenberg Bank lifted 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. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.68.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Sundar G. Raman sold 9,554 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,511,060.64. Following the completion of the transaction, the chief executive officer directly owned 41,886 shares in the company, valued at approximately $6,624,689.76. This represents a 18.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Susan Street Whaley sold 1,000 shares of the stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $156.84, for a total value of $156,840.00. Following the transaction, the insider owned 28,436 shares in the company, valued at $4,459,902.24. This trade represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Stock Performance

Shares of PG opened at $153.67 on Wednesday. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. 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 company has a market cap of $359.66 billion, a PE ratio of 23.61, a price-to-earnings-growth ratio of 4.05 and a beta of 0.36. The stock has a 50-day moving average price of $155.87 and a 200-day moving average price of $160.34.

Procter & Gamble (NYSE:PG) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share 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 business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same period last year, the firm posted $1.40 earnings per share. Procter & Gamble’s quarterly revenue 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 analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

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