Field & Main Bank Purchases 27,127 Shares of Procter & Gamble Company
Field & Main Bank recently acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG), purchasing 27,127 shares valued at approximately $3.978 million. This is according to the company's most recent disclosure with the Securities & Exchange Commission.
The firm's acquisition represents one of several institutional investors and hedge funds that have modified their holdings in Procter & Gamble during the second quarter. Lombard Odier Asset Management Europe Ltd, Archer Investment Corp, Fox Hill Wealth Management, Kingsview Wealth Management LLC, and Henson Edgewater Management LLC all acquired new positions in Procter & Gamble.
Procter & Gamble has a market capitalization of $338.23 billion and a P/E ratio of 21.98. The company's revenue for the second quarter was up 1.5% on a year-over-year basis, with earnings per share (EPS) coming in at $1.43, beating analyst estimates by $0.02.
Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS, with analysts predicting the company will post 6.98 earnings per share for the current year. The firm also recently disclosed a quarterly dividend of $1.0885 per share, representing an annualized yield of 3.0%.