OLD Second National Bank of Aurora Has $3.38 Million Stake in Procter & Gamble Company (The) $PG

OLD Second National Bank of Aurora trimmed its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.9% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 21,193 shares of the company’s stock after selling 638 shares during the quarter. OLD Second National Bank of Aurora’s holdings in Procter & Gamble were worth $3,376,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. Triad Wealth Partners LLC increased its stake in Procter & Gamble by 18.8% in the second quarter. Triad Wealth Partners LLC now owns 6,623 shares of the company’s stock valued at $1,055,000 after acquiring an additional 1,047 shares during the last quarter. Red Mountain Financial LLC grew its holdings in shares of Procter & Gamble by 5.3% during the 2nd quarter. Red Mountain Financial LLC now owns 2,441 shares of the company’s stock valued at $403,000 after purchasing an additional 123 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Procter & Gamble by 5.6% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 331,443 shares of the company’s stock worth $52,806,000 after buying an additional 17,697 shares during the last quarter. Cornell Pochily Investment Advisors Inc. grew its position in Procter & Gamble by 4.7% during the 2nd quarter. Cornell Pochily Investment Advisors Inc. now owns 29,201 shares of the company’s stock worth $4,652,000 after acquiring an additional 1,303 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in shares of Procter & Gamble by 9.9% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 8,496 shares of the company’s stock worth $1,302,000 after purchasing an additional 762 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

PG has been the subject of several analyst reports. BNP Paribas Exane dropped 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 note on Tuesday, September 23rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Barclays reduced their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday. BNP Paribas restated an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Berenberg Bank upped their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. 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 company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $173.11.

Procter & Gamble Price Performance

Shares of PG opened at $152.06 on Friday. The firm has a market cap of $355.90 billion, a PE ratio of 23.36, a price-to-earnings-growth ratio of 4.04 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The business’s 50 day moving average price is $155.63 and its two-hundred day moving average price is $160.17. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter last year, the firm posted $1.40 EPS. The company’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. On average, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a dividend of $1.0568 per share. 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 64.82%.

Insider Buying and Selling

In other Procter & Gamble news, CFO Andre Schulten sold 11,638 shares of the business’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 sale, the chief financial officer directly owned 52,642 shares of the company’s stock, valued at approximately $8,279,007.34. The trade was a 18.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jon R. Moeller sold 40,119 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 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. The trade was a 11.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock worth $18,918,012 over the last quarter. Corporate 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.