AGF Management Ltd. Has $12.74 Million Stock Holdings in Procter & Gamble Company (The) $PG

AGF Management Ltd. lessened its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 83.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 82,885 shares of the company’s stock after selling 418,373 shares during the period. AGF Management Ltd.’s holdings in Procter & Gamble were worth $12,735,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of PG. Halbert Hargrove Global Advisors LLC bought a new position in shares of Procter & Gamble during the third quarter worth approximately $25,000. Corundum Trust Company INC acquired a new position in Procter & Gamble in the 3rd quarter valued at $32,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Procter & Gamble during the 2nd quarter valued at $34,000. RMG Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth $37,000. Finally, Marquette Asset Management LLC bought a new position in shares of Procter & Gamble in the third quarter worth $37,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Marc S. Pritchard sold 95,903 shares of the firm’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the sale, the insider owned 182,607 shares in the company, valued at $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research note on Monday, October 27th. UBS Group boosted their target price on Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Barclays set a $155.00 price target on Procter & Gamble in a research note on Friday, January 16th. TD Cowen downgraded Procter & Gamble from a “buy” rating to a “hold” rating and increased their target price for the stock from $150.00 to $156.00 in a research report on Tuesday, January 27th. Finally, Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $167.00.

Procter & Gamble Trading Up 1.0%

Shares of PG opened at $153.24 on Tuesday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $356.13 billion, a P/E ratio of 22.70, a P/E/G ratio of 5.04 and a beta of 0.38. The firm has a 50-day moving average price of $145.01 and a 200 day moving average price of $150.27.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The company had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. During the same period in the prior year, the firm earned $1.88 earnings per share. The firm’s revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be issued a $1.0568 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s payout ratio is presently 62.67%.

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.