Marshall Financial Group LLC grew its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 16.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,976 shares of the company’s stock after purchasing an additional 3,469 shares during the period. Procter & Gamble comprises about 0.8% of Marshall Financial Group LLC’s portfolio, making the stock its 23rd largest position. Marshall Financial Group LLC’s holdings in Procter & Gamble were worth $3,848,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Northern Trust Corp increased its holdings in Procter & Gamble by 0.8% during the first quarter. Northern Trust Corp now owns 29,644,000 shares of the company’s stock worth $5,051,930,000 after buying an additional 248,792 shares during the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Procter & Gamble by 13.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company’s stock worth $3,660,737,000 after buying an additional 2,466,308 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Procter & Gamble by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 17,405,539 shares of the company’s stock worth $2,966,252,000 after buying an additional 583,629 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Procter & Gamble by 6.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 17,293,428 shares of the company’s stock worth $2,947,146,000 after buying an additional 1,018,865 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in Procter & Gamble by 0.6% during the first quarter. Royal Bank of Canada now owns 17,273,679 shares of the company’s stock worth $2,943,779,000 after buying an additional 111,162 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Analysts Set New Price Targets
A number of analysts recently issued reports on PG shares. Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the stock an “equal weight” rating in a report on Thursday, July 31st. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Wells Fargo & Company reduced their target price on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. Berenberg Bank lifted their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $170.00 target price (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $173.94.
Procter & Gamble Price Performance
PG stock opened at $157.32 on Friday. The firm has a 50 day moving average of $156.17 and a 200-day moving average of $161.49. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The firm has a market capitalization of $368.21 billion, a P/E ratio of 24.17, a price-to-earnings-growth ratio of 4.23 and a beta of 0.36.
Procter & Gamble (NYSE:PG – Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the business earned $1.40 earnings per share. Procter & Gamble’s 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. As a group, sell-side analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.
Procter & Gamble Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.7%. Procter & Gamble’s payout ratio is presently 64.98%.
Insider Buying and Selling at Procter & Gamble
In other Procter & Gamble news, CEO Jennifer L. Davis sold 8,596 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 $1,351,892.92. Following the completion of the sale, the chief executive officer directly owned 64,991 shares in the company, valued at $10,221,134.57. The trade was a 11.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Susan Street Whaley sold 1,000 shares of Procter & Gamble stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $156.84, for a total transaction of $156,840.00. Following the sale, the insider owned 28,436 shares of the company’s stock, valued at approximately $4,459,902.24. The trade was a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock valued at $18,918,012 over the last quarter. Company insiders own 0.20% of the company’s stock.
About Procter & Gamble
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.
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