Stack Financial Management Invests Big in P&G
According to its most recent Form 13F filing with the Securities & Exchange Commission, Stack Financial Management Inc bought a new stake in Procter & Gamble Company (The) in the second quarter. The firm acquired 94,993 shares of the company's stock valued at approximately $13,930,000.
This is not an isolated incident; several other large investors have also recently increased their stakes in Procter & Gamble. Brighton Jones LLC boosted its position by 51.5% during the fourth quarter and now owns 40,068 shares of the company's stock worth $6,717,000.
Procter & Gamble last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.41 by $0.02. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS.