Mitchell Sinkler & Starr PA grew its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 0.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 53,668 shares of the company’s stock after buying an additional 140 shares during the quarter. Procter & Gamble accounts for 4.1% of Mitchell Sinkler & Starr PA’s holdings, making the stock its 4th biggest position. Mitchell Sinkler & Starr PA’s holdings in Procter & Gamble were worth $8,550,000 at the end of the most recent reporting period.
Several other hedge funds have also recently modified their holdings of PG. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the 1st quarter worth approximately $26,000. Signature Resources Capital Management LLC raised its holdings in shares of Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the period. Quarry LP bought a new stake in shares of Procter & Gamble in the 1st quarter worth approximately $33,000. Mizuho Securities Co. Ltd. raised its holdings in shares of 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, RMG Wealth Management LLC bought a new stake in shares of Procter & Gamble in the 2nd quarter worth approximately $37,000. Institutional investors own 65.77% of the company’s stock.
Insider Activity
In other news, CEO Gary A. Coombe sold 10,194 shares of the business’s stock in a transaction 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 transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Marc S. Pritchard sold 9,849 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the transaction, the insider owned 182,422 shares of the company’s stock, valued at $28,689,507.94. This trade represents a 5.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 149,763 shares of company stock worth $23,421,279. Company insiders own 0.20% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on PG
Procter & Gamble Stock Down 0.6%
PG opened at $149.69 on Monday. The company has a fifty day moving average price of $155.24 and a 200-day moving average price of $159.41. The firm has a market capitalization of $350.34 billion, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 3.97 and a beta of 0.36. 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 one year low of $149.45 and a one year high of $180.43.
Procter & Gamble (NYSE:PG – Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share 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.
See Also
- Five stocks we like better than Procter & Gamble
- How to Invest in Biotech Stocks
- Microsoft 365 Premium Marks the Next Phase of AI Monetization
- How to Use the MarketBeat Stock Screener
- Could Target’s Week of Discounts Come Full Circle for Investors?
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- 3 Reasons to Buy Sprouts Farmers Market Ahead of Earnings
Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.