Truepoint Inc. Grows Stock Holdings in Procter & Gamble Company (The) $PG

Truepoint Inc. raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 12.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 129,017 shares of the company’s stock after buying an additional 14,116 shares during the quarter. Procter & Gamble comprises about 0.5% of Truepoint Inc.’s investment portfolio, making the stock its 26th biggest holding. Truepoint Inc.’s holdings in Procter & Gamble were worth $19,823,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of PG. Czech National Bank increased its position in shares of Procter & Gamble by 3.8% during the third quarter. Czech National Bank now owns 594,914 shares of the company’s stock valued at $91,409,000 after acquiring an additional 21,825 shares in the last quarter. Westerkirk Capital Inc. purchased a new stake in Procter & Gamble during the 2nd quarter valued at $4,796,000. Vega Investment Solutions increased its holdings in shares of Procter & Gamble by 1.3% in the 2nd quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock worth $101,710,000 after purchasing an additional 8,500 shares in the last quarter. Triodos Investment Management BV raised its stake in shares of Procter & Gamble by 7.3% in the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock worth $39,195,000 after purchasing an additional 17,400 shares during the last quarter. Finally, Jump Financial LLC bought a new position in shares of Procter & Gamble during the second quarter valued at $7,891,000. 65.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction on Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the transaction, the chief executive officer owned 1,029 shares in the company, valued at approximately $170,083.41. The trade was a 84.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the company’s stock in a transaction 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 completion of the transaction, the insider directly owned 44,735 shares of the company’s stock, valued at $7,259,595.80. This represents a 25.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 348,618 shares of company stock worth $55,462,643. 0.20% of the stock is currently owned by insiders.

Procter & Gamble Stock Performance

Shares of PG opened at $153.94 on Friday. The business has a 50-day simple moving average of $152.17 and a two-hundred day simple moving average of $151.23. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $179.99. The stock has a market cap of $357.76 billion, a price-to-earnings ratio of 22.81, a PEG ratio of 5.29 and a beta of 0.37.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The company had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. During the same period in the previous year, the company posted $1.88 EPS. The firm’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. On average, analysts expect 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 Tuesday, February 17th. Stockholders of record on Friday, January 23rd were paid 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 dividend yield of 2.7%. Procter & Gamble’s dividend payout ratio is 62.67%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on PG shares. Deutsche Bank Aktiengesellschaft decreased their target price on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research report on Monday, December 8th. Erste Group Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. TD Cowen downgraded Procter & Gamble from a “buy” rating to a “hold” rating and increased their target price for the company from $150.00 to $156.00 in a report on Tuesday, January 27th. BNP Paribas Exane reduced their price target on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $168.33.

Procter & Gamble Profile

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.