Foundations Investment Advisors LLC Raises Stake in Procter & Gamble Company (The) $PG

Foundations Investment Advisors LLC grew its position in Procter & Gamble Company (The) (NYSE:PG) by 13.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,024 shares of the company’s stock after purchasing an additional 8,931 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Procter & Gamble were worth $12,271,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Massachusetts Financial Services Co. MA raised its holdings in Procter & Gamble by 1.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,462,069 shares of the company’s stock worth $232,937,000 after purchasing an additional 17,356 shares in the last quarter. WP Advisors LLC grew its position in shares of Procter & Gamble by 4.9% in the 2nd quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock valued at $224,000 after buying an additional 66 shares during the last quarter. Grandfield & Dodd LLC lifted its position in Procter & Gamble by 0.3% in the second quarter. Grandfield & Dodd LLC now owns 119,872 shares of the company’s stock valued at $19,098,000 after acquiring an additional 334 shares during the last quarter. Oak Harvest Investment Services lifted its position in Procter & Gamble by 4.1% in the second quarter. Oak Harvest Investment Services now owns 42,708 shares of the company’s stock valued at $6,804,000 after acquiring an additional 1,685 shares during the last quarter. Finally, Sittner & Nelson LLC grew its holdings in shares of Procter & Gamble by 6.3% during the second quarter. Sittner & Nelson LLC now owns 10,134 shares of the company’s stock worth $1,615,000 after purchasing an additional 601 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $147.71 on Friday. The firm’s 50 day moving average is $151.83 and its two-hundred day moving average is $156.61. Procter & Gamble Company has a fifty-two week low of $144.09 and a fifty-two week high of $180.43. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The company has a market cap of $345.16 billion, a P/E ratio of 21.56, a P/E/G ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.61%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Jon R. Moeller sold 11,684 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the sale, the chief executive officer directly owned 319,932 shares in the company, valued at approximately $48,703,248.36. The trade was a 3.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Shailesh Jejurikar sold 3,986 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $606,788.78. Following the transaction, the chief operating officer owned 46,899 shares of the company’s stock, valued at approximately $7,139,434.77. This trade represents a 7.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 150,489 shares of company stock valued at $23,529,864 in the last ninety days. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on PG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Thursday. Barclays decreased their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a report on Wednesday, October 1st. Raymond James Financial cut their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. UBS Group decreased their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Finally, Bank of America dropped their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Twelve analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $171.53.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.