Caitong International Asset Management Co. Ltd Takes $626,000 Position in Procter & Gamble Company (The) $PG

Caitong International Asset Management Co. Ltd purchased a new stake in Procter & Gamble Company (The) (NYSE:PG) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,928 shares of the company’s stock, valued at approximately $626,000. Procter & Gamble accounts for about 0.4% of Caitong International Asset Management Co. Ltd’s holdings, making the stock its 29th biggest holding.

Several other hedge funds have also modified their holdings of the business. B & T Capital Management DBA Alpha Capital Management lifted its holdings in shares of Procter & Gamble by 2.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock valued at $476,000 after buying an additional 63 shares during the period. Private Management Group Inc. lifted its holdings in shares of Procter & Gamble by 4.8% in the 1st quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock valued at $236,000 after buying an additional 64 shares during the period. Lantz Financial LLC lifted its holdings in shares of Procter & Gamble by 1.2% in the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock valued at $834,000 after buying an additional 64 shares during the period. Orca Investment Management LLC lifted its holdings in shares of Procter & Gamble by 2.0% in the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock valued at $516,000 after buying an additional 64 shares during the period. Finally, Detalus Advisors LLC lifted its holdings in shares of Procter & Gamble by 0.8% in the 1st quarter. Detalus Advisors LLC now owns 7,918 shares of the company’s stock valued at $1,349,000 after buying an additional 65 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In other news, CFO Andre Schulten sold 11,638 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the sale, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. This trade represents a 18.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Shailesh Jejurikar sold 13,039 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $2,050,643.53. Following the sale, the chief operating officer owned 28,036 shares in the company, valued at $4,409,221.72. This trade represents a 31.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,763 shares of company stock valued at $23,421,279 in the last ninety days. 0.20% of the stock is owned by insiders.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $152.20 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The stock has a fifty day moving average of $154.69 and a two-hundred day moving average of $158.44. The company has a market capitalization of $356.22 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 4.04 and a beta of 0.36. Procter & Gamble Company has a fifty-two week low of $146.96 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG) last released 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 during the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.Procter & Gamble’s revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be given a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.82%.

Analysts Set New Price Targets

Several research firms recently weighed in on PG. Barclays dropped their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research note on Wednesday, October 1st. Raymond James Financial dropped their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday. JPMorgan Chase & Co. dropped their price objective on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating for the company in a research note on Friday, October 10th. 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, 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 note on Wednesday, September 17th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.68.

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.