ISMAM Funds Snaps Up PG Shares Worth Over $1.8M
iSAM Funds UK Ltd acquired a significant stake in Procter & Gamble Company (The) ($PG) during the second quarter, according to its latest Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased approximately 12,300 shares of PG's stock, valued at around $1.8 million.
The acquired shares represent about 1.3% of iSAM Funds UK Ltd's investment portfolio, ranking as their ninth largest holding. Procter & Gamble has seen recent changes in its positions from other hedge funds, with E Fund Management Hong Kong Co. Ltd., Park Square Financial Group LLC, and Evolution Wealth Management Inc. increasing their stakes.
Procter & Gamble stock opened at $147.69 on Thursday, with a market capitalization of over $343 billion. The company reported EPS of $1.43 in its last quarterly earnings release, surpassing analysts' expectations. Procter & Gamble has set its FY 2027 guidance at $6.89-7.11 EPS.