V. M. Manning & CO. Inc. Makes New Investment in Procter & Gamble Company (The) $PG

V. M. Manning & CO. Inc. acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,354 shares of the company’s stock, valued at approximately $683,000. Procter & Gamble comprises 0.8% of V. M. Manning & CO. Inc.’s holdings, making the stock its 27th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nova Wealth Management Inc. acquired a new position in shares of Procter & Gamble during the 1st quarter worth approximately $26,000. Signature Resources Capital Management LLC grew its stake in shares of Procter & Gamble by 67.9% in the second 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 in the last quarter. Quarry LP acquired a new position in Procter & Gamble during the first quarter worth $33,000. Mid American Wealth Advisory Group Inc. bought a new stake in Procter & Gamble during the second quarter worth $34,000. Finally, RMG Wealth Management LLC bought a new stake in Procter & Gamble during the second quarter worth $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $142.77 on Monday. The stock has a 50 day simple moving average of $147.84 and a 200 day simple moving average of $154.16. The stock has a market cap of $333.61 billion, a P/E ratio of 20.84, a PEG ratio of 4.80 and a beta of 0.39. Procter & Gamble Company has a 1-year low of $138.14 and a 1-year high of $179.99. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. The firm 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 company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s payout ratio is currently 61.75%.

Insider Activity

In other 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 transaction, the chief operating officer directly owned 46,899 shares of the company’s stock, valued at approximately $7,139,434.77. This trade represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jennifer L. Davis sold 3,227 shares of the business’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 value of $491,246.21. Following the completion of the sale, the chief executive officer owned 61,764 shares of the company’s stock, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 30,308 shares of company stock worth $4,611,852. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PG. Morgan Stanley set a $175.00 price objective on shares of Procter & Gamble in a research report on Monday, October 27th. Deutsche Bank Aktiengesellschaft reduced their price target on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. UBS Group dropped their price objective on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a research note on Monday, December 1st. Finally, Dbs Bank raised Procter & Gamble to a “hold” rating in a report on Friday, December 5th. Twelve analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $171.40.

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.