Bailard Inc. Increases Position in Procter & Gamble Company (The) $PG

Bailard Inc. lifted its position in Procter & Gamble Company (The) (NYSE:PG) by 6.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 157,814 shares of the company’s stock after buying an additional 9,892 shares during the quarter. Bailard Inc.’s holdings in Procter & Gamble were worth $25,143,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after purchasing an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. grew its position in shares of Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after buying an additional 277 shares in the last quarter. Summit Wealth Group LLC raised its holdings in Procter & Gamble by 11.2% in the first quarter. Summit Wealth Group LLC now owns 7,437 shares of the company’s stock valued at $1,267,000 after acquiring an additional 752 shares in the last quarter. Rice Hall James & Associates LLC lifted its stake in Procter & Gamble by 18.4% in the first quarter. Rice Hall James & Associates LLC now owns 1,799 shares of the company’s stock worth $307,000 after acquiring an additional 280 shares during the last quarter. Finally, Apollon Financial LLC grew its holdings in Procter & Gamble by 11.1% during the 1st quarter. Apollon Financial LLC now owns 2,018 shares of the company’s stock worth $344,000 after acquiring an additional 201 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Dbs Bank upgraded Procter & Gamble to a “moderate buy” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. raised their target price on shares of Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Raymond James Financial reduced their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. BNP Paribas Exane lowered their price objective 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. Finally, 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 note on Wednesday, October 8th. Twelve investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Procter & Gamble Trading Up 2.1%

NYSE:PG opened at $148.54 on Wednesday. The stock has a market capitalization of $347.09 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 1 year low of $144.09 and a 1 year high of $180.43. The stock has a fifty day moving average price of $152.51 and a two-hundred day moving average price of $156.83. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71.

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

Procter & Gamble Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is 61.61%.

Insiders Place Their Bets

In related news, insider Marc S. Pritchard sold 9,849 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 $1,548,952.23. Following the sale, the insider directly owned 182,422 shares in the company, valued at $28,689,507.94. The trade was a 5.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the sale, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 150,488 shares of company stock valued at $23,529,718. 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.