Procter & Gamble Company (The) $PG Stock Position Increased by HM Payson & Co.

HM Payson & Co. increased its position in Procter & Gamble Company (The) (NYSE:PG) by 2.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 225,101 shares of the company’s stock after buying an additional 6,336 shares during the quarter. HM Payson & Co.’s holdings in Procter & Gamble were worth $34,587,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. 1900 Wealth Management LLC boosted its position in shares of Procter & Gamble by 63.1% during the 3rd quarter. 1900 Wealth Management LLC now owns 6,839 shares of the company’s stock valued at $1,051,000 after purchasing an additional 2,645 shares in the last quarter. Lakeshore Capital Group Inc. lifted its stake in Procter & Gamble by 2.9% during the third quarter. Lakeshore Capital Group Inc. now owns 10,940 shares of the company’s stock valued at $1,681,000 after purchasing an additional 310 shares during the last quarter. Goldstone Financial Group LLC lifted its stake in Procter & Gamble by 11.8% during the third quarter. Goldstone Financial Group LLC now owns 9,422 shares of the company’s stock valued at $1,448,000 after purchasing an additional 996 shares during the last quarter. Norris Perne & French LLP MI grew its position in Procter & Gamble by 46.4% in the third quarter. Norris Perne & French LLP MI now owns 8,560 shares of the company’s stock worth $1,315,000 after buying an additional 2,715 shares during the last quarter. Finally, Ethic Inc. grew its position in Procter & Gamble by 7.2% in the third quarter. Ethic Inc. now owns 45,950 shares of the company’s stock worth $7,060,000 after buying an additional 3,077 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Trading Down 0.1%

Shares of NYSE PG opened at $144.54 on Tuesday. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a one year low of $138.14 and a one year high of $179.99. The business has a 50-day moving average price of $146.66 and a two-hundred day moving average price of $152.58. The firm has a market capitalization of $337.74 billion, a PE ratio of 21.10, a PEG ratio of 4.88 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. During the same period in the prior year, the firm earned $1.93 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s payout ratio is currently 61.61%.

Analyst Ratings Changes

Several research firms have recently weighed in on PG. Dbs Bank raised Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. Berenberg Bank increased their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research note on Monday, October 27th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 22nd. Thirteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $171.38.

Insiders Place Their Bets

In related news, CEO Jennifer L. Davis sold 3,227 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $491,246.21. Following the completion of the sale, the chief executive officer directly owned 61,764 shares in the company, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jon R. Moeller sold 11,684 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $1,778,655.32. Following the completion of the transaction, the chief executive officer owned 319,932 shares in the company, valued at $48,703,248.36. This trade represents a 3.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 30,308 shares of company stock valued at $4,611,852 in the last three months. Company insiders own 0.20% of the company’s stock.

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.