Avanza Fonder AB Has $37.58 Million Holdings in Procter & Gamble Company (The) $PG

Avanza Fonder AB lifted its position in Procter & Gamble Company (The) (NYSE:PG) by 4.2% in the 3rd quarter, Holdings Channel reports. The fund owned 244,600 shares of the company’s stock after buying an additional 9,934 shares during the period. Procter & Gamble makes up approximately 1.0% of Avanza Fonder AB’s investment portfolio, making the stock its 13th biggest holding. Avanza Fonder AB’s holdings in Procter & Gamble were worth $37,583,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lantz Financial LLC boosted its position in shares of Procter & Gamble by 1.2% in the second quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after buying an additional 64 shares during the period. Orca Investment Management LLC boosted its position in Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after acquiring an additional 64 shares during the period. Kondo Wealth Advisors Inc. increased its holdings in shares of Procter & Gamble by 5.2% in the 1st quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock valued at $226,000 after purchasing an additional 65 shares during the period. Silver Oak Securities Incorporated increased its holdings in shares of Procter & Gamble by 0.3% in the 2nd quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock valued at $3,524,000 after purchasing an additional 65 shares during the period. Finally, Access Financial Services Inc. lifted its position in shares of Procter & Gamble by 0.6% in the second quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock worth $1,735,000 after purchasing an additional 65 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Procter & Gamble

In other news, CEO Jon R. Moeller sold 11,684 shares of Procter & Gamble stock in a transaction dated 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 approximately $48,703,248.36. The trade was a 3.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jennifer L. Davis sold 3,227 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $491,246.21. Following the transaction, the chief executive officer directly owned 61,764 shares of the company’s stock, valued at $9,402,333.72. This represents a 4.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 30,308 shares of company stock worth $4,611,852. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Raymond James Financial lowered their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. 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. Berenberg Bank lifted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and upped their target price for the stock from $156.00 to $179.00 in a research report on Tuesday, December 16th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $171.38.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $144.53 on Friday. The business’s 50-day simple moving average is $146.94 and its 200-day simple moving average is $152.97. 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. The firm has a market cap of $337.72 billion, a price-to-earnings ratio of 21.10, a P/E/G ratio of 4.87 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter in the prior year, the business earned $1.93 earnings per share. The company’s 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. As a group, equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

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

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.