Asahi Life Asset Management CO. LTD. Has $2.43 Million Position in Procter & Gamble Company (The) $PG

Asahi Life Asset Management CO. LTD. lifted its stake in Procter & Gamble Company (The) (NYSE:PG) by 32.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,784 shares of the company’s stock after buying an additional 3,877 shares during the period. Procter & Gamble comprises 1.3% of Asahi Life Asset Management CO. LTD.’s portfolio, making the stock its 23rd biggest holding. Asahi Life Asset Management CO. LTD.’s holdings in Procter & Gamble were worth $2,425,000 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 PG. Norges Bank acquired a new position in shares of Procter & Gamble in the second quarter valued at $5,099,644,000. Laurel Wealth Advisors LLC increased its holdings in Procter & Gamble by 15,971.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock valued at $1,117,270,000 after buying an additional 6,969,110 shares during the period. Vanguard Group Inc. raised its stake in shares of Procter & Gamble by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after buying an additional 3,189,111 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Procter & Gamble by 21.4% during the 2nd quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock worth $2,608,785,000 after acquiring an additional 2,880,895 shares during the period. Finally, Lazard Asset Management LLC boosted its position in shares of Procter & Gamble by 66.3% during the 2nd quarter. Lazard Asset Management LLC now owns 5,504,749 shares of the company’s stock valued at $877,014,000 after acquiring an additional 2,195,560 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Activity at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 15,169 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the transaction, the insider owned 44,735 shares of the company’s stock, valued at $7,259,595.80. This represents a 25.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Jon R. Moeller sold 162,232 shares of Procter & Gamble stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.45, for a total value of $26,354,588.40. Following the completion of the sale, the chairman owned 319,385 shares of the company’s stock, valued at approximately $51,884,093.25. The trade was a 33.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 341,260 shares of company stock valued at $54,256,985 over the last quarter. 0.20% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

PG has been the topic of a number of recent research reports. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and lifted their price objective for the company from $156.00 to $179.00 in a report on Tuesday, December 16th. Wells Fargo & Company reiterated an “overweight” rating and issued a $177.00 price target on shares of Procter & Gamble in a research report on Tuesday. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Barclays set a $155.00 target price on shares of Procter & Gamble in a research note on Friday, January 16th. Finally, Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research report on Monday, October 27th. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $168.33.

Procter & Gamble Trading Up 1.4%

PG opened at $160.77 on Friday. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $179.99. The stock has a market capitalization of $373.62 billion, a PE ratio of 23.82, a PEG ratio of 5.27 and a beta of 0.38. 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 50-day moving average price of $149.02 and a two-hundred day moving average price of $150.70.

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

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is 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.