Yukon Wealth Management Inc. Grows Stock Position in Procter & Gamble Company (The) $PG

Yukon Wealth Management Inc. lifted its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 2.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 3,662 shares of the company’s stock after buying an additional 76 shares during the period. Yukon Wealth Management Inc.’s holdings in Procter & Gamble were worth $583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Nova Wealth Management Inc. bought a new stake in Procter & Gamble during the first quarter valued at about $26,000. Signature Resources Capital Management LLC raised its stake 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 worth $28,000 after buying an additional 72 shares during the period. Quarry LP purchased a new position in shares of Procter & Gamble during the 1st quarter valued at about $33,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Procter & Gamble during the 2nd quarter valued at approximately $34,000. Finally, RMG Wealth Management LLC purchased a new stake in Procter & Gamble in the 2nd quarter worth approximately $37,000. 65.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, COO Shailesh Jejurikar sold 3,986 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $606,788.78. Following the sale, the chief operating officer owned 46,899 shares in the company, 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 is accessible through this hyperlink. Also, CEO Jon R. Moeller sold 11,684 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the completion of the sale, the chief executive officer owned 319,932 shares in the company, valued at $48,703,248.36. This represents a 3.52% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 149,763 shares of company stock valued at $23,421,279. Company insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on PG shares. UBS Group decreased their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. BNP Paribas restated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Barclays decreased their target price on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 1st. Berenberg Bank raised their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.68.

View Our Latest Report on PG

Procter & Gamble Trading Up 0.3%

Procter & Gamble stock opened at $152.62 on Monday. The stock has a market cap of $357.21 billion, a P/E ratio of 22.28, a PEG ratio of 4.05 and a beta of 0.36. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.71 and a quick ratio of 0.51. Procter & Gamble Company has a 1 year low of $146.96 and a 1 year high of $180.43. The firm’s 50 day moving average price is $154.66 and its 200-day moving average price is $158.38.

Procter & Gamble (NYSE:PGGet Free Report) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.51%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be given a dividend of $1.0568 per share. The ex-dividend date is Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.98%.

Procter & Gamble Company Profile

(Free Report)

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.

Featured Articles

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:PGFree Report).

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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.