Stocks
Mill Capital Management Puts Big Bet on Procter & Gamble
Mill Capital Management LLC recently acquired a new position in Procter & Gamble Company (The) NYSE: PG during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The fund purchased 35,311 shares of the company's stock valued at approximately $5,178,000. This marks a notable investment in P&G as institutional investors continue to show confidence in the consumer goods giant.
Procter & Gamble's recent earnings report beat analysts' consensus estimates, with the company reporting $1.43 earnings per share for the quarter. The firm also boosted its FY 2027 guidance to 6.890-7.110 EPS and announced a quarterly dividend of $1.0885, representing an annualized yield of 3.0%.