Procter & Gamble Company (The) $PG Shares Bought by FORA Capital LLC

FORA Capital LLC increased its stake in Procter & Gamble Company (The) (NYSE:PG) by 44.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 46,832 shares of the company’s stock after buying an additional 14,495 shares during the period. Procter & Gamble accounts for approximately 0.8% of FORA Capital LLC’s portfolio, making the stock its 26th largest position. FORA Capital LLC’s holdings in Procter & Gamble were worth $7,461,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of PG. Brighton Jones LLC increased its stake in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after acquiring an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. increased its position in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares in the last quarter. Brandywine Global Investment Management LLC raised its holdings in Procter & Gamble by 23.0% in the first quarter. Brandywine Global Investment Management LLC now owns 156,769 shares of the company’s stock valued at $26,717,000 after buying an additional 29,322 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Procter & Gamble by 18.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 18,420 shares of the company’s stock valued at $3,139,000 after acquiring an additional 2,838 shares in the last quarter. Finally, Ethic Inc. lifted its stake in shares of Procter & Gamble by 17.4% during the first quarter. Ethic Inc. now owns 43,206 shares of the company’s stock worth $7,369,000 after purchasing an additional 6,399 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Procter & Gamble

In related news, COO Shailesh Jejurikar sold 3,986 shares of the firm’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 $606,788.78. Following the transaction, the chief operating officer directly owned 46,899 shares in the company, valued at $7,139,434.77. This trade represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Andre Schulten sold 4,252 shares of Procter & Gamble 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 completion of the transaction, the chief financial officer directly owned 53,992 shares of the company’s stock, valued at approximately $8,219,202.16. This represents a 7.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 30,308 shares of company stock worth $4,611,852 over the last quarter. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Stock Up 1.4%

Shares of NYSE:PG opened at $142.77 on Friday. The firm has a market cap of $333.61 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 4.80 and a beta of 0.39. The company has a fifty day simple moving average of $147.84 and a 200 day simple moving average of $154.25. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a 12-month low of $138.14 and a 12-month high of $179.99.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were paid a dividend of $1.0568 per share. The ex-dividend date was Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 61.75%.

Analyst Upgrades and Downgrades

PG has been the topic of several analyst reports. Berenberg Bank raised their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Wells Fargo & Company reduced their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Dbs Bank upgraded shares of Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. Finally, Barclays dropped their price target on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Monday, December 8th. Twelve analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $171.40.

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.