Asset Management One Co. Ltd. Reduces Stock Holdings in Procter & Gamble Company (The) $PG

Asset Management One Co. Ltd. lessened its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,161,096 shares of the company’s stock after selling 8,388 shares during the period. Asset Management One Co. Ltd.’s holdings in Procter & Gamble were worth $178,402,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Procter & Gamble in the third quarter worth about $25,000. Nova Wealth Management Inc. acquired a new position in Procter & Gamble in the first quarter valued at approximately $26,000. Signature Resources Capital Management LLC lifted its holdings in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares during the period. Quarry LP purchased a new stake in Procter & Gamble in the 1st quarter worth approximately $33,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth approximately $34,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 725 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $149.57, for a total transaction of $108,438.25. Following the transaction, the chief accounting officer directly owned 979 shares in the company, valued at approximately $146,429.03. The trade was a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.20% of the stock is owned by company insiders.

Procter & Gamble Price Performance

NYSE:PG opened at $141.77 on Friday. The stock has a 50 day moving average of $145.94 and a two-hundred day moving average of $152.16. Procter & Gamble Company has a 12 month low of $138.14 and a 12 month high of $179.99. The firm has a market cap of $331.29 billion, a P/E ratio of 20.70, a price-to-earnings-growth ratio of 4.78 and a beta of 0.39. 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 (NYSE:PG) last issued its quarterly 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 for the quarter, compared to analyst estimates of $22.23 billion. During the same period in the previous year, the company posted $1.93 earnings per share. The business’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. On average, analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on PG. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research note on Monday, October 27th. Barclays cut their price objective on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a report on Monday, December 8th. Deutsche Bank Aktiengesellschaft decreased 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 report on Monday, December 8th. Bank of America dropped their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Finally, 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 research note on Thursday, September 25th. Thirteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $171.38.

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.