Mitsubishi UFJ Asset Management UK Ltd. Increases Stock Position in Procter & Gamble Company (The) $PG

Mitsubishi UFJ Asset Management UK Ltd. raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 45.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,200 shares of the company’s stock after purchasing an additional 1,000 shares during the period. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in Procter & Gamble were worth $510,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of PG. Nova Wealth Management Inc. acquired a new position in shares of Procter & Gamble in the first quarter valued at approximately $26,000. Signature Resources Capital Management LLC raised its position in shares of Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after buying an additional 72 shares during the last quarter. Quarry LP acquired a new position in shares of Procter & Gamble in the first quarter valued at approximately $33,000. Mizuho Securities Co. Ltd. raised its position in shares of Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after buying an additional 170 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its position in shares of Procter & Gamble by 50.3% in the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after buying an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on PG shares. Evercore ISI reissued an “in-line” rating and issued a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. BNP Paribas Exane cut 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 report on Tuesday, September 23rd. Berenberg Bank upped their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Finally, BNP Paribas reaffirmed an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $173.68.

Procter & Gamble Price Performance

PG opened at $153.67 on Wednesday. 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 Company has a 52-week low of $149.91 and a 52-week high of $180.43. The company has a 50 day moving average of $155.87 and a two-hundred day moving average of $160.34. The company has a market cap of $359.66 billion, a P/E ratio of 23.61, a P/E/G ratio of 4.05 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $20.79 billion. During the same period in the previous year, the firm earned $1.40 earnings per share. Procter & Gamble’s revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s payout ratio is currently 64.98%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 10,194 shares of the business’s 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 sale, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ma. Fatima Francisco sold 9,100 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,431,157.00. Following the sale, the chief executive officer owned 27,295 shares of the company’s stock, valued at approximately $4,292,684.65. This represents a 25.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 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.