DMC Group LLC Purchases 420 Shares of Procter & Gamble Company (The) $PG

DMC Group LLC boosted its position in Procter & Gamble Company (The) (NYSE:PG) by 5.9% during the 2nd quarter, Holdings Channel reports. The fund owned 7,556 shares of the company’s stock after buying an additional 420 shares during the period. Procter & Gamble makes up 0.9% of DMC Group LLC’s portfolio, making the stock its 28th largest holding. DMC Group LLC’s holdings in Procter & Gamble were worth $1,204,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. raised its stake in shares of Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares during the last quarter. Wedge Capital Management L L P NC raised its stake in shares of Procter & Gamble by 2.9% in the first quarter. Wedge Capital Management L L P NC now owns 4,138 shares of the company’s stock worth $705,000 after purchasing an additional 116 shares during the last quarter. NewSquare Capital LLC raised its stake in shares of Procter & Gamble by 402.6% in the first quarter. NewSquare Capital LLC now owns 779 shares of the company’s stock worth $133,000 after purchasing an additional 624 shares during the last quarter. Finally, Octavia Wealth Advisors LLC raised its stake in shares of Procter & Gamble by 1.1% in the first quarter. Octavia Wealth Advisors LLC now owns 60,908 shares of the company’s stock worth $10,380,000 after purchasing an additional 667 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

PG has been the subject of a number of research analyst reports. UBS Group set a $180.00 price target on Procter & Gamble and gave the company a “buy” rating in a research report on Wednesday, July 30th. Barclays decreased their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 1st. BNP Paribas Exane decreased their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Saturday, September 27th. Finally, Berenberg Bank increased their price target 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 investment 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 currently has an average rating of “Moderate Buy” and a consensus price target of $173.11.

Procter & Gamble Stock Performance

NYSE PG opened at $152.60 on Wednesday. The company’s 50 day simple moving average is $155.30 and its two-hundred day simple moving average is $159.79. 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 1 year low of $149.91 and a 1 year high of $180.43. The stock has a market capitalization of $357.16 billion, a PE ratio of 23.44, a P/E/G ratio of 4.13 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06. The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Insider Transactions at Procter & Gamble

In other news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,830,308.26. Following the transaction, the chief financial officer owned 52,642 shares of the company’s stock, valued at $8,279,007.34. This represents a 18.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gary A. Coombe sold 10,194 shares of the 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 transaction, the chief executive officer directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. This represents a 22.57% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 149,763 shares of company stock worth $23,421,279. 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.