Legacy Trust Purchases 136 Shares of Procter & Gamble Company (The) $PG

Legacy Trust increased its position in Procter & Gamble Company (The) (NYSE:PG) by 2.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,953 shares of the company’s stock after acquiring an additional 136 shares during the quarter. Legacy Trust’s holdings in Procter & Gamble were worth $789,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Nova Wealth Management Inc. purchased a new stake in shares of Procter & Gamble during the first quarter worth $26,000. Signature Resources Capital Management LLC raised its stake in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the period. Quarry LP purchased a new stake in Procter & Gamble during the 1st quarter worth about $33,000. Mizuho Securities Co. Ltd. boosted its stake in Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock worth $34,000 after purchasing an additional 170 shares during the period. Finally, Quest 10 Wealth Builders Inc. grew its holdings in Procter & Gamble by 50.3% during the 1st 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 in the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Up 0.1%

NYSE PG opened at $152.19 on Monday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The stock’s 50-day simple moving average is $155.51 and its two-hundred day simple moving average is $159.95. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The company has a market capitalization of $356.20 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 4.02 and a beta of 0.36.

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

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were issued 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 was Friday, July 18th. Procter & Gamble’s payout ratio is presently 64.82%.

Insider Buying and Selling

In related news, insider Susan Street Whaley sold 1,000 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $156.84, for a total transaction of $156,840.00. Following the transaction, the insider owned 28,436 shares of the company’s stock, valued at approximately $4,459,902.24. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar G. Raman sold 9,554 shares of the business’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the completion of the sale, the chief executive officer directly owned 41,886 shares of the company’s stock, valued at $6,624,689.76. This represents a 18.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock worth $18,918,012 in the last ninety days. 0.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

PG has been the subject of several recent analyst reports. Wells Fargo & Company reduced their price objective 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. BNP Paribas restated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. 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. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a research note on Saturday, September 27th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $173.11.

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.