Jackson Square Capital LLC decreased its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 2.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 3,848 shares of the company’s stock after selling 91 shares during the period. Jackson Square Capital LLC’s holdings in Procter & Gamble were worth $613,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Benjamin Edwards Inc. boosted its holdings in Procter & Gamble by 120.7% in the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock valued at $62,098,000 after acquiring an additional 199,258 shares in the last quarter. Capital Investment Advisory Services LLC boosted its holdings in Procter & Gamble by 13.8% in the first quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company’s stock valued at $6,426,000 after acquiring an additional 4,562 shares in the last quarter. World Investment Advisors boosted its holdings in Procter & Gamble by 6.0% in the first quarter. World Investment Advisors now owns 50,913 shares of the company’s stock valued at $8,677,000 after acquiring an additional 2,886 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in Procter & Gamble by 26.4% in the first quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company’s stock valued at $20,451,000 after acquiring an additional 25,059 shares in the last quarter. Finally, Kelly Financial Services LLC boosted its holdings in Procter & Gamble by 8.7% in the first quarter. Kelly Financial Services LLC now owns 1,727 shares of the company’s stock valued at $294,000 after acquiring an additional 138 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have commented on PG shares. Evercore ISI reissued an “in-line” rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Berenberg Bank raised their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday. Barclays set a $164.00 price objective on Procter & Gamble and gave the company an “equal weight” rating in a research report on Thursday, July 31st. BNP Paribas reissued an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Wells Fargo & Company lowered their price objective on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating for the company in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $173.94.
Insider Buying and Selling
In related news, insider Susan Street Whaley sold 1,000 shares of Procter & Gamble stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $156.84, for a total value of $156,840.00. Following the completion of the sale, the insider directly owned 28,436 shares in the company, valued at approximately $4,459,902.24. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Ma. Fatima Francisco sold 9,100 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,431,157.00. Following the completion of the sale, the chief executive officer owned 27,295 shares of the company’s stock, valued at $4,292,684.65. The trade was a 25.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock worth $18,918,012 in the last three months. 0.20% of the stock is currently owned by company insiders.
Procter & Gamble Price Performance
PG opened at $160.15 on Thursday. The stock has a 50-day moving average price of $156.20 and a 200-day moving average price of $161.61. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The firm has a market cap of $374.83 billion, a PE ratio of 24.60, a P/E/G ratio of 4.17 and a beta of 0.36. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same quarter in the previous year, the firm earned $1.40 EPS. Procter & Gamble’s quarterly revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.
Procter & Gamble Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.82%.
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.
Further Reading
- Five stocks we like better than Procter & Gamble
- What is the Australian Securities Exchange (ASX)
- Biotech Breakouts: 3 Stocks With Massive Upside Potential
- What is the MACD Indicator and How to Use it in Your Trading
- Powering Up: A Buy Rating Signals GE Vernova’s AI Tailwinds
- Best Stocks Under $5.00
- The Side of Rate Cuts Nobody Is Telling You About
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.