First National Bank of Omaha Makes New Investment in Procter & Gamble Company (The) $PG

First National Bank of Omaha purchased a new stake in Procter & Gamble Company (The) (NYSE:PGFree Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,400 shares of the company’s stock, valued at approximately $9,280,000.

A number of other institutional investors have also recently added to or reduced their stakes in PG. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Procter & Gamble in the third quarter valued at about $25,000. Corundum Trust Company INC purchased a new stake in shares of Procter & Gamble in the 3rd quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth approximately $34,000. Marquette Asset Management LLC acquired a new position in Procter & Gamble in the third quarter valued at approximately $37,000. Finally, Manning & Napier Advisors LLC purchased a new position in Procter & Gamble in the third quarter worth approximately $44,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

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Procter & Gamble Stock Performance

NYSE:PG opened at $159.40 on Wednesday. The company has a market cap of $370.45 billion, a price-to-earnings ratio of 23.61, a price-to-earnings-growth ratio of 5.32 and a beta of 0.38. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $179.99. The company has a fifty day simple moving average of $147.97 and a two-hundred day simple moving average of $150.53.

Procter & Gamble (NYSE:PGGet Free Report) last released its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $22.21 billion during the quarter, compared to analyst estimates of $22.36 billion. During the same period last year, the business posted $1.88 earnings per share. Procter & Gamble’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. 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. Investors of record on Friday, January 23rd were paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s dividend payout ratio is presently 62.67%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on PG. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Tuesday. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and lifted their price target for the company from $150.00 to $156.00 in a research report on Tuesday, January 27th. Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and increased their price objective for the stock from $156.00 to $179.00 in a research report on Tuesday, December 16th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $168.33.

Check Out Our Latest Stock Report on PG

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, Chairman Jon R. Moeller sold 162,232 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $162.45, for a total value of $26,354,588.40. Following the sale, the chairman directly owned 319,385 shares of the company’s stock, valued at approximately $51,884,093.25. This represents a 33.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Balaji Purushothaman sold 12,827 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the completion of the sale, the insider owned 12,639 shares in the company, valued at $2,026,158.09. The trade was a 50.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 341,260 shares of company stock valued at $54,256,985 over the last quarter. Insiders own 0.20% of the company’s stock.

Procter & Gamble Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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