TFR Capital LLC. increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 1.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,999 shares of the company’s stock after buying an additional 86 shares during the quarter. TFR Capital LLC.’s holdings in Procter & Gamble were worth $796,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Mainstay Capital Management LLC ADV grew its holdings in shares of Procter & Gamble by 103.4% during the second quarter. Mainstay Capital Management LLC ADV now owns 30,508 shares of the company’s stock valued at $4,860,000 after buying an additional 15,509 shares in the last quarter. True Link Financial Advisors LLC purchased a new position in shares of Procter & Gamble during the second quarter valued at $243,000. Leo Wealth LLC grew its holdings in shares of Procter & Gamble by 87.6% during the second quarter. Leo Wealth LLC now owns 14,690 shares of the company’s stock valued at $2,340,000 after buying an additional 6,860 shares in the last quarter. Lokken Investment Group LLC grew its holdings in shares of Procter & Gamble by 7.4% during the second quarter. Lokken Investment Group LLC now owns 12,590 shares of the company’s stock valued at $2,006,000 after buying an additional 864 shares in the last quarter. Finally, Armstrong Fleming & Moore Inc acquired a new stake in Procter & Gamble during the second quarter valued at $1,894,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Insider Buying and Selling at Procter & Gamble
In related news, CEO Jon R. Moeller sold 40,119 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the transaction, the chief executive officer directly owned 319,375 shares in the company, valued at $50,228,106.25. The trade was a 11.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Shailesh Jejurikar sold 13,039 shares of the business’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 transaction, the chief operating officer owned 28,036 shares in the company, valued at $4,409,221.72. This represents a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 149,763 shares of company stock worth $23,421,279 in the last ninety days. 0.20% of the stock is owned by insiders.
Procter & Gamble Price Performance
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. During the same quarter in the previous year, the firm earned $1.40 EPS. The firm’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. On average, equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on PG shares. Bank of America reduced their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday. 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 research report on Friday, July 25th. BNP Paribas reissued 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 lifted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $172.58.
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.
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