Rossby Financial LCC Buys 581 Shares of Procter & Gamble Company (The) $PG

Rossby Financial LCC boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 8.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,864 shares of the company’s stock after purchasing an additional 581 shares during the quarter. Rossby Financial LCC’s holdings in Procter & Gamble were worth $1,253,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. SYM FINANCIAL Corp boosted its stake in Procter & Gamble by 90.9% in the 2nd quarter. SYM FINANCIAL Corp now owns 4,445 shares of the company’s stock worth $708,000 after purchasing an additional 2,116 shares during the period. Facet Wealth Inc. boosted its stake in Procter & Gamble by 67.0% in the 2nd quarter. Facet Wealth Inc. now owns 2,480 shares of the company’s stock worth $373,000 after purchasing an additional 995 shares during the period. Guinness Asset Management LTD boosted its stake in Procter & Gamble by 1.5% in the 2nd quarter. Guinness Asset Management LTD now owns 1,233,364 shares of the company’s stock worth $196,543,000 after purchasing an additional 17,985 shares during the period. Wealth Watch Advisors INC boosted its stake in Procter & Gamble by 4.8% in the 2nd quarter. Wealth Watch Advisors INC now owns 8,714 shares of the company’s stock worth $1,353,000 after purchasing an additional 401 shares during the period. Finally, Y Intercept Hong Kong Ltd boosted its stake in Procter & Gamble by 46.9% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 30,833 shares of the company’s stock worth $4,912,000 after purchasing an additional 9,851 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Jon R. Moeller sold 11,684 shares of the 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 sale, the chief executive officer owned 319,932 shares in the company, valued at $48,703,248.36. This trade represents a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jennifer L. Davis sold 3,227 shares of the firm’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 $491,246.21. Following the transaction, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This represents a 4.97% 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. Insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $151.62 on Tuesday. The stock’s fifty day moving average is $154.58 and its 200 day moving average is $158.31. Procter & Gamble Company has a fifty-two week low of $146.96 and a fifty-two week high of $180.43. The firm has a market capitalization of $354.85 billion, a PE ratio of 22.13, a PEG ratio of 4.05 and a beta of 0.36. 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 (NYSE:PG) last released its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating 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 company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same quarter in the prior year, the firm posted $1.93 EPS. Procter & Gamble’s quarterly revenue was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

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 paid a $1.0568 dividend. 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 (DPR) is presently 61.75%.

Analyst Ratings Changes

PG has been the subject of several recent analyst reports. BNP Paribas restated an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Morgan Stanley set a $175.00 target price on Procter & Gamble in a research report on Monday. Bank of America lowered their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. UBS Group lowered their target price on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Finally, Berenberg Bank increased their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $171.53.

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.