Procter & Gamble Company (The) $PG Shares Bought by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 499.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,981 shares of the company’s stock after purchasing an additional 25,810 shares during the period. Hillsdale Investment Management Inc.’s holdings in Procter & Gamble were worth $4,936,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. MOKAN Wealth Management Inc. raised its stake in shares of Procter & Gamble by 13.7% in the second quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock valued at $2,442,000 after acquiring an additional 1,846 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in Procter & Gamble by 120.7% during the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock worth $62,098,000 after purchasing an additional 199,258 shares during the period. Caliber Wealth Management LLC KS raised its position in Procter & Gamble by 36.2% in the 2nd quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock valued at $2,836,000 after purchasing an additional 4,730 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Procter & Gamble in the 2nd quarter valued at about $34,684,000. Finally, First Citizens Bank & Trust Co. grew its position in shares of Procter & Gamble by 12.8% during the second quarter. First Citizens Bank & Trust Co. now owns 156,874 shares of the company’s stock worth $24,993,000 after buying an additional 17,836 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Berenberg Bank raised their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Raymond James Financial reduced their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Barclays lowered their target price on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 1st. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research note on Monday, October 27th. Finally, 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. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 3,535 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $538,133.05. Following the transaction, the chief executive officer directly owned 34,816 shares of the company’s stock, valued at $5,300,039.68. The trade was a 9.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 sale, the chief financial officer owned 53,992 shares of the company’s stock, valued at approximately $8,219,202.16. This represents a 7.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 31,308 shares of company stock valued at $4,768,692. 0.20% of the stock is owned by company insiders.

Procter & Gamble Price Performance

Shares of PG opened at $150.84 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. Procter & Gamble Company has a 1-year low of $144.09 and a 1-year high of $180.43. The stock has a market cap of $352.47 billion, a PE ratio of 22.02, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. The firm has a fifty day moving average price of $150.75 and a 200 day moving average price of $156.16.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.93 earnings per share. 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 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio is presently 61.61%.

Procter & Gamble 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.