Mitchell Sinkler & Starr PA Has $8.55 Million Position in Procter & Gamble Company (The) $PG

Mitchell Sinkler & Starr PA grew its position in Procter & Gamble Company (The) (NYSE:PG) by 0.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 53,668 shares of the company’s stock after acquiring an additional 140 shares during the period. Procter & Gamble accounts for approximately 4.1% of Mitchell Sinkler & Starr PA’s investment portfolio, making the stock its 4th biggest position. Mitchell Sinkler & Starr PA’s holdings in Procter & Gamble were worth $8,550,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Nova Wealth Management Inc. bought a new position in Procter & Gamble during the 1st quarter worth $26,000. Signature Resources Capital Management LLC raised its position in Procter & Gamble by 67.9% during 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 during the last quarter. Quarry LP bought a new position in Procter & Gamble during the 1st quarter worth $33,000. Mizuho Securities Co. Ltd. raised its position in Procter & Gamble by 566.7% during 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 during the last quarter. Finally, RMG Wealth Management LLC bought a new position in Procter & Gamble during the 2nd quarter worth $37,000. 65.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on PG shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Barclays lowered their target price on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 1st. Bank of America decreased their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. JPMorgan Chase & Co. decreased their price target on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating for the company in a report on Friday. Finally, BNP Paribas reiterated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $172.21.

Procter & Gamble Stock Performance

Shares of PG opened at $149.69 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The stock has a 50-day moving average of $155.24 and a 200-day moving average of $159.41. The company has a market cap of $350.34 billion, a PE ratio of 22.99, a P/E/G ratio of 3.97 and a beta of 0.36. Procter & Gamble Company has a one year low of $149.45 and a one year high of $180.43.

Procter & Gamble (NYSE:PG) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the business posted $1.40 EPS. 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.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 34,978 shares in the company, valued at approximately $5,532,120.48. The trade was a 22.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Shailesh Jejurikar sold 13,039 shares of Procter & Gamble 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 of the company’s stock, valued at $4,409,221.72. This trade represents a 31.74% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 149,763 shares of company stock worth $23,421,279. 0.20% of the stock is currently owned by corporate insiders.

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.