Procter & Gamble Company (The) $PG Shares Bought by National Pension Service

National Pension Service raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 3.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,639,311 shares of the company’s stock after purchasing an additional 167,621 shares during the quarter. National Pension Service’s holdings in Procter & Gamble were worth $826,949,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PG. WINTON GROUP Ltd raised its holdings in Procter & Gamble by 11.1% in the 2nd quarter. WINTON GROUP Ltd now owns 4,000 shares of the company’s stock valued at $587,000 after buying an additional 400 shares during the period. Engineers Gate Manager LP raised its stake in shares of Procter & Gamble by 10,538.7% in the 2nd quarter. Engineers Gate Manager LP now owns 184,795 shares of the company’s stock valued at $27,098,000 after acquiring an additional 183,058 shares during the period. Cidel Asset Management Inc. boosted its position in shares of Procter & Gamble by 2.8% during the 2nd quarter. Cidel Asset Management Inc. now owns 95,112 shares of the company’s stock worth $13,947,000 after purchasing an additional 2,587 shares during the period. Capital Analysts LLC increased its holdings in Procter & Gamble by 4.3% in the 2nd quarter. Capital Analysts LLC now owns 117,656 shares of the company’s stock valued at $17,253,000 after purchasing an additional 4,898 shares during the last quarter. Finally, Summit Financial Strategies Inc. lifted its stake in Procter & Gamble by 4.8% during the second quarter. Summit Financial Strategies Inc. now owns 10,239 shares of the company’s stock worth $1,501,000 after purchasing an additional 470 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Susan Whaley sold 2,238 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $321,802.02. Following the completion of the sale, the insider owned 26,989 shares in the company, valued at $3,880,748.31. The trade was a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew Janzaruk sold 359 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $145.24, for a total transaction of $52,141.16. Following the completion of the transaction, the chief accounting officer owned 1,271 shares in the company, valued at $184,600.04. This represents a 22.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 6,627 shares of company stock worth $953,417 over the last 90 days. 0.23% of the stock is owned by insiders.

Procter & Gamble Price Performance

Shares of PG opened at $142.55 on Thursday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The firm’s fifty day simple moving average is $146.61 and its 200-day simple moving average is $147.45. The firm has a market capitalization of $331.10 billion, a price-to-earnings ratio of 21.53, a PEG ratio of 3.61 and a beta of 0.39. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.02. The firm had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Equities analysts forecast that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, July 24th. Procter & Gamble’s dividend payout ratio (DPR) is 65.71%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PG. Jefferies Financial Group boosted their price objective on Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a report on Friday, June 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Barclays lifted their price objective on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Bank of America decreased their price target on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Procter & Gamble in a research note on Wednesday, August 19th. Thirteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $161.19.

About Procter & Gamble

Procter & Gamble Company is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio spans beauty, grooming, health care, fabric and home care, and family care products.

The company’s brands include Tide, Ariel, Downy, Dawn, Febreze, Bounty, Charmin, Pampers, Gillette, Oral-B, Crest, Head & Shoulders, Olay and Pantene. These products are sold through retailers, e-commerce platforms and other distribution channels.

Procter & Gamble was founded in Cincinnati in 1837 by William Procter and James Gamble.