Jacobsen Capital Management Raises Stock Holdings in Procter & Gamble Company (The) $PG

Jacobsen Capital Management increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 7.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 5,053 shares of the company’s stock after acquiring an additional 354 shares during the period. Jacobsen Capital Management’s holdings in Procter & Gamble were worth $805,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. D.A. Davidson & CO. lifted its position in shares of Procter & Gamble by 1.6% during the second quarter. D.A. Davidson & CO. now owns 209,493 shares of the company’s stock worth $33,377,000 after purchasing an additional 3,293 shares during the last quarter. Cullen Frost Bankers Inc. increased its stake in Procter & Gamble by 1.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 309,801 shares of the company’s stock worth $49,358,000 after buying an additional 4,097 shares during the period. Dupree Financial Group LLC lifted its holdings in Procter & Gamble by 27.8% during the 2nd quarter. Dupree Financial Group LLC now owns 4,220 shares of the company’s stock valued at $672,000 after buying an additional 918 shares in the last quarter. Fiduciary Family Office LLC boosted its position in Procter & Gamble by 2.2% in the 2nd quarter. Fiduciary Family Office LLC now owns 8,319 shares of the company’s stock valued at $1,325,000 after buying an additional 181 shares during the period. Finally, IMG Wealth Management Inc. grew its stake in Procter & Gamble by 41.8% in the 2nd quarter. IMG Wealth Management Inc. now owns 722 shares of the company’s stock worth $115,000 after acquiring an additional 213 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

PG has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. 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. JPMorgan Chase & Co. cut their price target on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. BNP Paribas restated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. Finally, Bank of America dropped their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $171.68.

Procter & Gamble Price Performance

PG opened at $151.61 on Wednesday. The firm has a market capitalization of $354.84 billion, a PE ratio of 23.29, a price-to-earnings-growth ratio of 4.03 and a beta of 0.36. 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 business’s 50-day moving average is $154.79 and its two-hundred day moving average is $158.54. Procter & Gamble Company has a 1 year low of $146.96 and a 1 year high of $180.43.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share 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 business had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.79 billion. During the same period last year, the business earned $1.40 EPS. The company’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. Research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s payout ratio is currently 64.98%.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the sale, the chief executive officer owned 34,978 shares of the company’s stock, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Andre Schulten sold 11,638 shares of the company’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 $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares in the company, valued at $8,279,007.34. This represents a 18.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 149,763 shares of company stock valued at $23,421,279. 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.