AM Investment Strategies LLC Buys 499 Shares of Procter & Gamble Company (The) $PG

AM Investment Strategies LLC raised its stake in Procter & Gamble Company (The) (NYSE:PG) by 37.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,845 shares of the company’s stock after purchasing an additional 499 shares during the quarter. AM Investment Strategies LLC’s holdings in Procter & Gamble were worth $293,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PG. Kingstone Capital Partners Texas LLC lifted its position in Procter & Gamble by 655,209.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock valued at $11,832,680,000 after purchasing an additional 76,017,350 shares during the last quarter. Nuveen LLC bought a new stake in Procter & Gamble in the first quarter valued at approximately $1,954,941,000. GAMMA Investing LLC raised its holdings in shares of Procter & Gamble by 20,758.5% during the first quarter. GAMMA Investing LLC now owns 7,951,456 shares of the company’s stock valued at $1,355,087,000 after acquiring an additional 7,913,335 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of 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 valued at $3,660,737,000 after acquiring an additional 2,466,308 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Procter & Gamble by 19.8% during the first quarter. Invesco Ltd. now owns 13,493,604 shares of the company’s stock valued at $2,299,580,000 after acquiring an additional 2,228,151 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other news, insider Susan Street Whaley sold 1,000 shares of the stock in a transaction on Friday, August 29th. The stock was sold at an average price of $156.84, for a total value of $156,840.00. Following the sale, the insider directly owned 28,436 shares of the company’s stock, valued at approximately $4,459,902.24. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jennifer L. Davis sold 8,596 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value 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 approximately $10,221,134.57. This represents a 11.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on PG. Wells Fargo & Company decreased their target price on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating for the company in a report on Wednesday, July 30th. Berenberg Bank upped their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Evercore ISI restated an “in-line” rating and set a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. BNP Paribas restated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Finally, UBS Group set a $180.00 target price on Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $173.94.

Procter & Gamble Price Performance

Shares of PG stock opened at $152.57 on Wednesday. The stock has a market cap of $357.08 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 4.04 and a beta of 0.36. The business’s fifty day moving average is $156.14 and its 200 day moving average is $160.97. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.06. The company had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio is currently 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.