KW Wealth Management LLC Purchases New Position in Procter & Gamble Company (The) $PG

KW Wealth Management LLC purchased a new position in Procter & Gamble Company (The) (NYSE:PG) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,802 shares of the company’s stock, valued at approximately $738,000. Procter & Gamble makes up about 1.3% of KW Wealth Management LLC’s holdings, making the stock its 24th largest position.

Several other large investors have also bought and sold shares of the company. Brighton Jones LLC lifted its position in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after buying an additional 13,617 shares during the period. Taylor Financial Group Inc. increased its stake in shares of Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after acquiring an additional 277 shares in the last quarter. Magnetar Financial LLC purchased a new position in Procter & Gamble during the 1st quarter valued at about $607,000. Panagora Asset Management Inc. boosted its stake in Procter & Gamble by 15.2% during the first quarter. Panagora Asset Management Inc. now owns 53,257 shares of the company’s stock worth $9,076,000 after acquiring an additional 7,019 shares in the last quarter. Finally, Titleist Asset Management LLC grew its holdings in Procter & Gamble by 13.1% in the first quarter. Titleist Asset Management LLC now owns 2,949 shares of the company’s stock worth $503,000 after purchasing an additional 342 shares during the period. 65.77% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $606,788.78. Following the completion of the sale, the chief operating officer owned 46,899 shares of the company’s stock, valued at $7,139,434.77. The trade was a 7.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Matthew W. Janzaruk sold 725 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $149.57, for a total value of $108,438.25. Following the sale, the chief accounting officer owned 979 shares of the company’s stock, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,308 shares of company stock valued at $4,611,852 in the last ninety days. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Up 0.2%

PG stock opened at $144.74 on Monday. The stock has a market capitalization of $338.22 billion, a P/E ratio of 21.13, a P/E/G ratio of 4.88 and a beta of 0.39. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. Procter & Gamble Company has a 1-year low of $138.14 and a 1-year high of $179.99. The business has a fifty day moving average price of $146.81 and a 200-day moving average price of $152.71.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.Procter & Gamble’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the company earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s dividend payout ratio is 61.75%.

Wall Street Analysts Forecast Growth

PG has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. Morgan Stanley set a $175.00 price objective on Procter & Gamble in a research note on Monday, October 27th. JPMorgan Chase & Co. cut their target price on Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating on the stock in a research note on Thursday, December 18th. Barclays lowered their price target on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a research report on Monday, December 8th. Finally, Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and increased their price objective for the company from $156.00 to $179.00 in a research report on Tuesday, December 16th. Thirteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $171.38.

Procter & Gamble Company Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.