First National Bank of Omaha Makes New $9.28 Million Investment in Procter & Gamble Company (The) $PG

First National Bank of Omaha bought a new stake in Procter & Gamble Company (The) (NYSE:PGFree Report) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 60,400 shares of the company’s stock, valued at approximately $9,280,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PG. Axxcess Wealth Management LLC boosted its stake in Procter & Gamble by 2.2% in the third quarter. Axxcess Wealth Management LLC now owns 92,604 shares of the company’s stock valued at $14,229,000 after acquiring an additional 1,963 shares in the last quarter. Maridea Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the 3rd quarter valued at about $229,000. BBR Partners LLC grew its stake in Procter & Gamble by 1.3% during the 3rd quarter. BBR Partners LLC now owns 11,599 shares of the company’s stock worth $1,782,000 after buying an additional 154 shares during the last quarter. Drucker Wealth 3.0 LLC lifted its stake in Procter & Gamble by 73.7% in the third quarter. Drucker Wealth 3.0 LLC now owns 16,450 shares of the company’s stock valued at $2,528,000 after buying an additional 6,982 shares during the last quarter. Finally, Beirne Wealth Consulting Services LLC acquired a new stake in shares of Procter & Gamble in the third quarter valued at approximately $545,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on PG. Jefferies Financial Group upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and upped their price target for the company from $156.00 to $179.00 in a research report on Tuesday, December 16th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Tuesday. Rothschild & Co Redburn boosted their price target on Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Finally, TD Cowen lowered Procter & Gamble from a “buy” rating to a “hold” rating and boosted their target price for the company from $150.00 to $156.00 in a report on Tuesday, January 27th. Thirteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $168.33.

Get Our Latest Report on Procter & Gamble

Insider Transactions at Procter & Gamble

In related news, Chairman Jon R. Moeller sold 162,232 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total value of $26,354,588.40. Following the sale, the chairman directly owned 319,385 shares of the company’s stock, valued at approximately $51,884,093.25. This represents a 33.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the transaction, the insider directly owned 44,735 shares of the company’s stock, valued at approximately $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 341,260 shares of company stock worth $54,256,985 over the last ninety days. 0.20% of the stock is currently owned by corporate insiders.

Procter & Gamble Trading Down 0.4%

Shares of PG stock opened at $159.40 on Wednesday. The business’s fifty day moving average price is $147.97 and its 200 day moving average price is $150.53. The firm has a market capitalization of $370.45 billion, a PE ratio of 23.61, a P/E/G ratio of 5.32 and a beta of 0.38. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $179.99.

Procter & Gamble (NYSE:PGGet Free Report) last issued its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The company had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period in the previous year, the firm earned $1.88 EPS. The business’s revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble’s dividend payout ratio (DPR) is 62.67%.

Procter & Gamble News Roundup

Here are the key news stories impacting Procter & Gamble this week:

About Procter & Gamble

(Free Report)

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PGFree Report).

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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