Leelyn Smith LLC Acquires 559 Shares of Procter & Gamble Company (The) $PG

Leelyn Smith LLC increased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 3.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,243 shares of the company’s stock after acquiring an additional 559 shares during the period. Leelyn Smith LLC’s holdings in Procter & Gamble were worth $2,906,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the first quarter valued at about $26,000. Signature Resources Capital Management LLC raised its holdings in 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 acquiring an additional 72 shares during the last quarter. Quarry LP purchased a new position in Procter & Gamble in the 1st quarter worth approximately $33,000. Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Procter & Gamble during the 2nd quarter valued at about $34,000. Finally, RMG Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the 2nd quarter worth $37,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Raymond James Financial dropped their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. UBS Group dropped their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Wells Fargo & Company dropped their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Barclays dropped their price objective on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a report on Wednesday, October 1st. Finally, Evercore ISI reissued an “in-line” rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $171.68.

Procter & Gamble Price Performance

Shares of PG opened at $152.62 on Friday. Procter & Gamble Company has a twelve month low of $146.96 and a twelve month high of $180.43. The company has a 50 day moving average of $154.66 and a two-hundred day moving average of $158.41. 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 company has a market cap of $357.21 billion, a price-to-earnings ratio of 23.44, a price-to-earnings-growth ratio of 4.04 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The company had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.93 earnings per share. 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 firm also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be issued a dividend of $1.0568 per share. The ex-dividend date is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is 64.98%.

Insider Buying and Selling

In other Procter & Gamble news, insider Susan Street Whaley sold 2,408 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $366,569.84. Following the completion of the transaction, the insider owned 31,770 shares in the company, valued at approximately $4,836,347.10. The trade was a 7.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Balaji Purushothaman sold 490 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $74,592.70. Following the completion of the transaction, the insider owned 12,616 shares of the company’s stock, valued at $1,920,533.68. This trade represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 149,763 shares of company stock worth $23,421,279. Corporate 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.