Texas Yale Capital Corp. Acquires 473 Shares of Procter & Gamble Company (The) $PG

Texas Yale Capital Corp. increased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,738 shares of the company’s stock after buying an additional 473 shares during the quarter. Texas Yale Capital Corp.’s holdings in Procter & Gamble were worth $9,517,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. B & T Capital Management DBA Alpha Capital Management increased its position in shares of Procter & Gamble by 2.3% during the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock worth $476,000 after purchasing an additional 63 shares in the last quarter. Private Management Group Inc. increased its holdings in shares of Procter & Gamble by 4.8% during the first quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock worth $236,000 after buying an additional 64 shares in the last quarter. Lantz Financial LLC boosted its holdings in shares of Procter & Gamble by 1.2% in the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after acquiring an additional 64 shares in the last quarter. Orca Investment Management LLC grew its position in Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after acquiring an additional 64 shares during the last quarter. Finally, Kondo Wealth Advisors Inc. increased its holdings in Procter & Gamble by 5.2% during the 1st quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock valued at $226,000 after purchasing an additional 65 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Up 0.2%

Shares of NYSE PG opened at $146.06 on Friday. The firm has a 50 day moving average price of $153.13 and a 200 day moving average price of $157.29. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The stock has a market cap of $341.30 billion, a P/E ratio of 21.32, a P/E/G ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $144.46 and a 52-week high of $180.43.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be given a $1.0568 dividend. The ex-dividend date is Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is currently 61.61%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on PG shares. BNP Paribas Exane reduced their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Raymond James Financial reduced their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Bank of America dropped their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. UBS Group lowered their price objective on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. 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. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus price target of $171.53.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, COO Shailesh Jejurikar sold 3,986 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $606,788.78. Following the sale, the chief operating officer directly owned 46,899 shares in the company, valued at approximately $7,139,434.77. This trade represents a 7.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Jon R. Moeller sold 11,684 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the sale, the chief executive officer owned 319,932 shares in the company, valued at approximately $48,703,248.36. The trade was a 3.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 150,488 shares of company stock worth $23,529,718 in the last quarter. Company 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.