Boyd Watterson Asset Management LLC OH Increases Holdings in Procter & Gamble Company (The) $PG

Boyd Watterson Asset Management LLC OH lifted its position in Procter & Gamble Company (The) (NYSE:PG) by 5.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,506 shares of the company’s stock after purchasing an additional 1,178 shares during the quarter. Procter & Gamble comprises 1.2% of Boyd Watterson Asset Management LLC OH’s holdings, making the stock its 21st largest position. Boyd Watterson Asset Management LLC OH’s holdings in Procter & Gamble were worth $3,904,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Nova Wealth Management Inc. purchased a new position in Procter & Gamble during the first quarter valued at approximately $26,000. Signature Resources Capital Management LLC raised its position in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP purchased a new position in Procter & Gamble during the first quarter valued at approximately $33,000. Mid American Wealth Advisory Group Inc. purchased a new position in Procter & Gamble during the second quarter valued at approximately $34,000. Finally, RMG Wealth Management LLC purchased a new position in Procter & Gamble during the second quarter valued at approximately $37,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

PG has been the subject of several recent research reports. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research report on Monday. BNP Paribas Exane dropped their price objective on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Bank of America dropped their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Barclays dropped their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 1st. Finally, Wells Fargo & Company dropped their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $171.53.

Procter & Gamble Stock Down 0.6%

Shares of PG opened at $151.62 on Tuesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.51 and a current ratio of 0.71. Procter & Gamble Company has a one year low of $146.96 and a one year high of $180.43. The stock has a market capitalization of $354.85 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 4.05 and a beta of 0.36. The stock has a 50 day moving average price of $154.58 and a 200 day moving average price of $158.31.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.51% and a net margin of 19.74%.The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same period in the previous year, the business earned $1.93 earnings per share. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s payout ratio is presently 61.75%.

Insider Activity

In other Procter & Gamble news, CFO Andre Schulten sold 4,252 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 $647,281.96. Following the transaction, the chief financial officer owned 53,992 shares of the company’s stock, valued at approximately $8,219,202.16. The trade was a 7.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 value of $1,778,655.32. Following the transaction, the chief executive officer directly owned 319,932 shares in the company, valued at $48,703,248.36. This trade represents a 3.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 149,763 shares of company stock valued at $23,421,279 in the last three months. Company insiders own 0.20% of the company’s stock.

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.