Elefante Mark B Purchases 270 Shares of Procter & Gamble Company (The) $PG

Elefante Mark B raised its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,678 shares of the company’s stock after acquiring an additional 270 shares during the period. Procter & Gamble makes up about 3.2% of Elefante Mark B’s investment portfolio, making the stock its 11th largest position. Elefante Mark B’s holdings in Procter & Gamble were worth $4,250,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Cornerstone Wealth Group LLC boosted its stake in shares of Procter & Gamble by 3.8% during the second quarter. Cornerstone Wealth Group LLC now owns 59,251 shares of the company’s stock valued at $9,440,000 after purchasing an additional 2,164 shares during the period. Hudson Capital Management LLC boosted its stake in shares of Procter & Gamble by 1.7% during the second quarter. Hudson Capital Management LLC now owns 28,004 shares of the company’s stock valued at $4,462,000 after purchasing an additional 474 shares during the period. NorthRock Partners LLC boosted its stake in shares of Procter & Gamble by 2.2% during the second quarter. NorthRock Partners LLC now owns 50,174 shares of the company’s stock valued at $7,994,000 after purchasing an additional 1,072 shares during the period. Delaney Dennis R boosted its stake in shares of Procter & Gamble by 1.2% during the second quarter. Delaney Dennis R now owns 41,040 shares of the company’s stock valued at $6,538,000 after purchasing an additional 500 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its stake in shares of Procter & Gamble by 0.5% during the second quarter. Oregon Public Employees Retirement Fund now owns 202,617 shares of the company’s stock valued at $32,281,000 after purchasing an additional 1,100 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Performance

PG stock opened at $147.54 on Tuesday. The firm has a market cap of $345.32 billion, a price-to-earnings ratio of 22.66, a PEG ratio of 3.97 and a beta of 0.36. The firm has a 50-day simple moving average of $155.18 and a two-hundred day simple moving average of $159.27. Procter & Gamble Company has a one year low of $146.96 and a one year high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70.

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

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Wells Fargo & Company lowered their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research note on Wednesday, October 8th. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Finally, Bank of America lowered their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $172.21.

Insider Transactions at Procter & Gamble

In related news, COO Shailesh Jejurikar sold 13,039 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $2,050,643.53. Following the completion of the transaction, the chief operating officer directly owned 28,036 shares of the company’s stock, valued at $4,409,221.72. This trade represents a 31.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the transaction, the chief executive officer directly owned 34,978 shares of the company’s stock, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,763 shares of company stock worth $23,421,279 over the last ninety days. 0.20% of the stock is currently owned by insiders.

Procter & Gamble 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.