Procter & Gamble Company (The) $PG Stock Holdings Increased by Community Bank & Trust Waco Texas

Community Bank & Trust Waco Texas increased its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,257 shares of the company’s stock after purchasing an additional 149 shares during the quarter. Procter & Gamble accounts for 1.9% of Community Bank & Trust Waco Texas’ holdings, making the stock its 15th biggest position. Community Bank & Trust Waco Texas’ holdings in Procter & Gamble were worth $8,325,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in PG. Nova Wealth Management Inc. bought a new stake in shares of Procter & Gamble in the 1st quarter worth approximately $26,000. Signature Resources Capital Management LLC raised its holdings in shares of Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares in the last quarter. Quarry LP bought a new stake in shares of Procter & Gamble in the 1st quarter worth approximately $33,000. Mizuho Securities Co. Ltd. raised its holdings in shares of Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock worth $34,000 after purchasing an additional 170 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its holdings in shares of Procter & Gamble by 50.3% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock worth $42,000 after purchasing an additional 82 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Activity at Procter & Gamble

In other news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. This represents a 18.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the transaction, the chief executive officer owned 34,978 shares in the company, 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. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 over the last quarter. 0.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent analyst reports. Berenberg Bank boosted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. BNP Paribas Exane cut their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Evercore ISI restated an “in-line” rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the company an “equal weight” rating in a report on Thursday, July 31st. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $173.68.

Get Our Latest Analysis on Procter & Gamble

Procter & Gamble Stock Up 0.1%

Procter & Gamble stock opened at $153.67 on Wednesday. The firm has a market cap of $359.66 billion, a PE ratio of 23.61, a P/E/G ratio of 4.05 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The firm’s 50 day moving average price is $155.87 and its two-hundred day moving average price is $160.34. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43.

Procter & Gamble (NYSE:PGGet Free Report) last released its quarterly earnings data 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. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm 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 was Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio is 64.98%.

Procter & Gamble Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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