Natural Investments LLC increased its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 32.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 16,936 shares of the company’s stock after buying an additional 4,191 shares during the quarter. Natural Investments LLC’s holdings in Procter & Gamble were worth $2,698,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Financial Connections Group Inc. grew its stake in Procter & Gamble by 2,143.8% during the 2nd quarter. Financial Connections Group Inc. now owns 359 shares of the company’s stock worth $57,000 after buying an additional 343 shares during the last quarter. Lindenwold Advisors INC grew its stake in Procter & Gamble by 2.5% during the 2nd quarter. Lindenwold Advisors INC now owns 15,265 shares of the company’s stock worth $2,432,000 after buying an additional 375 shares during the last quarter. Conning Inc. grew its stake in Procter & Gamble by 1.8% during the 2nd quarter. Conning Inc. now owns 218,167 shares of the company’s stock worth $34,758,000 after buying an additional 3,839 shares during the last quarter. Drucker Wealth 3.0 LLC grew its stake in Procter & Gamble by 147.2% during the 2nd quarter. Drucker Wealth 3.0 LLC now owns 9,468 shares of the company’s stock worth $1,491,000 after buying an additional 5,638 shares during the last quarter. Finally, Summit Place Financial Advisors LLC grew its stake in Procter & Gamble by 1.5% during the 2nd quarter. Summit Place Financial Advisors LLC now owns 14,163 shares of the company’s stock worth $2,256,000 after buying an additional 207 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Analyst Upgrades and Downgrades
PG has been the topic of several analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a research note on Wednesday. UBS Group lowered their target price on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday. BNP Paribas reiterated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. JPMorgan Chase & Co. lowered their target price on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a research note on Friday. Finally, BNP Paribas Exane lowered their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $172.21.
Insider Transactions at Procter & Gamble
In related news, COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $606,788.78. Following the completion of the transaction, the chief operating officer directly owned 46,899 shares of the company’s stock, valued at approximately $7,139,434.77. The trade was a 7.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Jon R. Moeller sold 11,684 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $1,778,655.32. Following the transaction, the chief executive officer directly owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. This represents a 3.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is owned by company insiders.
Procter & Gamble Stock Down 0.6%
Procter & Gamble stock opened at $149.69 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a 1-year low of $149.45 and a 1-year high of $180.43. The company has a market cap of $350.34 billion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 3.97 and a beta of 0.36. The stock’s 50 day moving average price is $155.24 and its 200 day moving average price is $159.48.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the previous year, the business earned $1.40 earnings per share. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.
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.
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