North Star Asset Management Invests $2.39 Million in Procter & Gamble
North Star Asset Management Inc., an institutional investor, has bought a new position in Procter & Gamble Company (The) NYSE: PG. The investment was made during the second quarter and is valued at approximately $2.39 million.
The company acquired 16,273 shares of Procter & Gamble's stock, which represents a 1.0% increase in State Street Corp's holdings in the company. This new position brings North Star Asset Management Inc.'s total stake to 101,618,926 shares, valued at $14.56 billion.
Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS and reported a quarterly dividend of $1.0885 per share on Monday, August 17th. The company's stock performance has been steady, with a 50-day simple moving average of $147.11 and a two-hundred day simple moving average of $148.21.
The thirteen analysts who have rated Procter & Gamble believe it is a Moderate Buy, with an average price target of $161.19.