Geneos Wealth Management Inc. Raises Holdings in Procter & Gamble Company (The) $PG

Geneos Wealth Management Inc. lifted its position in Procter & Gamble Company (The) (NYSE:PG) by 48.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,647 shares of the company’s stock after acquiring an additional 9,286 shares during the period. Geneos Wealth Management Inc.’s holdings in Procter & Gamble were worth $4,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of PG. Wellington Capital Management Inc. acquired a new stake in shares of Procter & Gamble in the second quarter worth $559,000. Rexford Capital Inc. purchased a new position in shares of Procter & Gamble in the 2nd quarter valued at about $989,000. National Bank of Canada FI raised its stake in shares of Procter & Gamble by 7.7% during the 2nd quarter. National Bank of Canada FI now owns 2,414,034 shares of the company’s stock worth $384,606,000 after buying an additional 172,935 shares during the period. FORA Capital LLC raised its position in Procter & Gamble by 44.8% during the second quarter. FORA Capital LLC now owns 46,832 shares of the company’s stock worth $7,461,000 after acquiring an additional 14,495 shares during the period. Finally, Evergreen Capital Management LLC raised its holdings in shares of Procter & Gamble by 8.3% during the second quarter. Evergreen Capital Management LLC now owns 31,377 shares of the company’s stock valued at $4,999,000 after acquiring an additional 2,403 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In related news, COO Shailesh Jejurikar sold 3,986 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $606,788.78. Following the completion of the sale, the chief operating officer owned 46,899 shares of the company’s stock, valued at approximately $7,139,434.77. The trade was a 7.83% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Susan Street Whaley sold 2,408 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $366,569.84. Following the completion of the sale, the insider directly owned 31,770 shares of the company’s stock, valued at $4,836,347.10. This represents a 7.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,308 shares of company stock worth $4,611,852 over the last quarter. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

PG has been the subject of several recent research reports. Wells Fargo & Company cut their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a research note on Monday, December 1st. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 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 note on Wednesday, October 8th. Finally, Dbs Bank upgraded shares of Procter & Gamble to a “hold” rating in a report on Friday, December 5th. Twelve equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $171.40.

Procter & Gamble Trading Up 1.7%

Procter & Gamble stock opened at $145.20 on Tuesday. The firm has a market capitalization of $339.30 billion, a price-to-earnings ratio of 21.20, a P/E/G ratio of 4.80 and a beta of 0.39. The company has a 50 day moving average price of $147.73 and a 200 day moving average price of $153.99. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. Procter & Gamble Company has a 52 week low of $138.14 and a 52 week high of $179.99.

Procter & Gamble (NYSE:PG) last posted 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 32.63% and a net margin of 19.74%.The firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same period in the previous year, the firm earned $1.93 earnings per share. Procter & Gamble’s quarterly revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 61.75%.

Procter & Gamble 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.