Lion Street Advisors LLC raised its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,048 shares of the company’s stock after buying an additional 73 shares during the period. Lion Street Advisors LLC’s holdings in Procter & Gamble were worth $326,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the business. Nova Wealth Management Inc. purchased a new stake in Procter & Gamble in the 1st quarter valued at about $26,000. Signature Resources Capital Management LLC boosted its position in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after buying an additional 72 shares during the period. Quarry LP purchased a new stake in shares of Procter & Gamble in the first quarter valued at approximately $33,000. Mizuho Securities Co. Ltd. boosted its holdings in shares of Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 170 shares during the period. Finally, RMG Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the second quarter valued at approximately $37,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. Evercore ISI reiterated an “in-line” rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Bank of America lowered their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Berenberg Bank upped their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Finally, Wells Fargo & Company lowered their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $172.21.
Procter & Gamble Stock Performance
PG stock opened at $147.54 on Tuesday. The firm has a market cap of $345.32 billion, a price-to-earnings ratio of 22.66, a PEG ratio of 3.97 and a beta of 0.36. The firm has a 50-day simple moving average of $155.18 and a two-hundred day simple moving average of $159.27. Procter & Gamble Company has a one year low of $146.96 and a one year high of $180.43. 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 – Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported $1.48 EPS 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 company had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. During the same quarter in the prior year, the company posted $1.40 earnings per share. Procter & Gamble’s revenue for the quarter 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 analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.
Insider Activity
In other news, CFO Andre Schulten sold 4,252 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $647,281.96. Following the completion of the sale, the chief financial officer owned 53,992 shares in the company, valued at approximately $8,219,202.16. This represents a 7.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Balaji Purushothaman sold 490 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $74,592.70. Following the completion of the sale, the insider owned 12,616 shares of the company’s stock, valued at approximately $1,920,533.68. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 149,763 shares of company stock worth $23,421,279. Company insiders own 0.20% of the company’s stock.
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.
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