Premier Fund Managers Ltd Invests $1.16 Million in Procter & Gamble Company (The) $PG

Premier Fund Managers Ltd bought a new position in shares of Procter & Gamble Company (The) (NYSE:PG) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 7,564 shares of the company’s stock, valued at approximately $1,161,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Procter & Gamble in the second quarter valued at approximately $5,099,644,000. Laurel Wealth Advisors LLC increased its holdings in Procter & Gamble by 15,971.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock valued at $1,117,270,000 after purchasing an additional 6,969,110 shares in the last quarter. Vanguard Group Inc. increased its holdings in Procter & Gamble by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after purchasing an additional 3,189,111 shares in the last quarter. Invesco Ltd. raised its position in Procter & Gamble by 21.4% in the 2nd quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock valued at $2,608,785,000 after purchasing an additional 2,880,895 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in Procter & Gamble by 66.3% in the second quarter. Lazard Asset Management LLC now owns 5,504,749 shares of the company’s stock worth $877,014,000 after purchasing an additional 2,195,560 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Gary A. Coombe sold 36,093 shares of Procter & Gamble stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the transaction, the chief executive officer owned 34,994 shares of the company’s stock, valued at $5,680,576.02. This trade represents a 50.77% decrease in their position. The transaction was disclosed in a legal 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 that occurred on Friday, February 13th. The shares were sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the completion of the sale, the insider directly owned 44,735 shares of the company’s stock, valued at $7,259,595.80. The trade was a 25.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 341,260 shares of company stock worth $54,256,985 over the last ninety days. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $160.77 on Friday. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $179.99. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. The stock has a market capitalization of $373.62 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 5.34 and a beta of 0.38. The firm has a fifty day moving average of $149.02 and a two-hundred day moving average of $150.70.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, topping 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 business had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. During the same period in the previous year, the firm earned $1.88 earnings per share. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were given a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.67%.

Analyst Ratings Changes

Several equities research analysts have weighed in on PG shares. UBS Group raised their price objective on shares of Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. raised shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and raised their price target for the company from $157.00 to $165.00 in a report on Friday, January 23rd. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and upped their price objective for the stock from $156.00 to $179.00 in a report on Tuesday, December 16th. TD Cowen lowered Procter & Gamble from a “buy” rating to a “hold” rating and increased their price objective for the company from $150.00 to $156.00 in a research report on Tuesday, January 27th. Finally, Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $168.33.

About Procter & Gamble

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.