Procter & Gamble Company (The) $PG Shares Acquired by Shell Asset Management Co.

Shell Asset Management Co. increased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 61.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 51,925 shares of the company’s stock after purchasing an additional 19,797 shares during the period. Shell Asset Management Co.’s holdings in Procter & Gamble were worth $8,273,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Nova Wealth Management Inc. purchased a new stake in Procter & Gamble during the 1st quarter worth $26,000. Signature Resources Capital Management LLC increased its position in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares during the last quarter. Quarry LP acquired a new position in shares of Procter & Gamble in the first quarter worth about $33,000. Mizuho Securities Co. Ltd. boosted its holdings in Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 170 shares during the last quarter. Finally, RMG Wealth Management LLC acquired a new stake in Procter & Gamble during the 2nd quarter valued at approximately $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PG shares. Wells Fargo & Company dropped their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the company a “buy” rating in a research note on Wednesday, July 30th. Berenberg Bank lifted their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a research note on Saturday, September 27th. Finally, BNP Paribas reiterated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.11.

Procter & Gamble Price Performance

Shares of PG opened at $150.47 on Tuesday. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The stock has a fifty day moving average price of $155.38 and a 200 day moving average price of $159.84. The company has a market cap of $352.17 billion, a P/E ratio of 23.11, a PEG ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter in the previous year, the company posted $1.40 earnings per share. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Insider Activity at Procter & Gamble

In other news, insider Balaji Purushothaman sold 490 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 $74,592.70. Following the completion of the transaction, the insider directly owned 12,616 shares in the company, valued at approximately $1,920,533.68. The trade was a 3.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Shailesh Jejurikar sold 3,986 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were 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 in the company, valued at approximately $7,139,434.77. This represents a 7.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 149,763 shares of company stock valued at $23,421,279. Company insiders own 0.20% of the company’s stock.

About Procter & Gamble

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.