DJE Kapital AG Acquires 1,355 Shares of Procter & Gamble Company (The) $PG

DJE Kapital AG grew its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.0% during the second quarter, Holdings Channel reports. The institutional investor owned 35,490 shares of the company’s stock after purchasing an additional 1,355 shares during the quarter. DJE Kapital AG’s holdings in Procter & Gamble were worth $5,668,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Acadian Asset Management LLC lifted its position in Procter & Gamble by 27.6% in the second quarter. Acadian Asset Management LLC now owns 1,533,213 shares of the company’s stock valued at $244,245,000 after purchasing an additional 331,719 shares during the last quarter. Sound View Wealth Advisors Group LLC raised its holdings in Procter & Gamble by 2.1% during the 2nd quarter. Sound View Wealth Advisors Group LLC now owns 86,533 shares of the company’s stock valued at $13,786,000 after buying an additional 1,749 shares during the last quarter. Rathbones Group PLC raised its holdings in Procter & Gamble by 5.0% during the 2nd quarter. Rathbones Group PLC now owns 1,416,655 shares of the company’s stock valued at $225,701,000 after buying an additional 67,171 shares during the last quarter. Delta Financial Advisors LLC grew its holdings in Procter & Gamble by 1.6% in the 2nd quarter. Delta Financial Advisors LLC now owns 31,445 shares of the company’s stock worth $5,010,000 after acquiring an additional 487 shares during the last quarter. Finally, Alpha Financial Advisors LLC increased its position in shares of Procter & Gamble by 23.6% in the second quarter. Alpha Financial Advisors LLC now owns 1,976 shares of the company’s stock valued at $315,000 after acquiring an additional 377 shares during the period. Institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on PG. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research report on Monday, October 27th. Raymond James Financial dropped their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Evercore ISI reissued an “in-line” rating and set a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Finally, BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Insider Buying and Selling

In other news, COO Shailesh Jejurikar sold 13,039 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer directly owned 28,036 shares in the company, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value 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 approximately $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 150,488 shares of company stock worth $23,529,718 over the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Up 0.5%

PG stock opened at $146.90 on Friday. Procter & Gamble Company has a fifty-two week low of $144.46 and a fifty-two week high of $180.43. The company has a market capitalization of $343.28 billion, a price-to-earnings ratio of 21.45, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. The business’s 50 day moving average price is $152.93 and its two-hundred day moving average price is $157.08. 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 results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.09. The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm’s revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

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

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.