Wealth Advisory Team LLC Makes New Investment in Procter & Gamble Company (The) $PG

Wealth Advisory Team LLC purchased a new position in Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 5,804 shares of the company’s stock, valued at approximately $832,000. Procter & Gamble makes up approximately 0.7% of Wealth Advisory Team LLC’s holdings, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. increased its position in Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after buying an additional 150 shares in the last quarter. Maseco LLP purchased a new stake in Procter & Gamble in the fourth quarter worth about $28,000. Saranac Partners Ltd bought a new stake in Procter & Gamble during the third quarter valued at about $30,000. Caitlin John LLC bought a new stake in Procter & Gamble during the third quarter valued at about $34,000. Finally, Anfield Capital Management LLC raised its holdings in Procter & Gamble by 121.5% during the fourth quarter. Anfield Capital Management LLC now owns 237 shares of the company’s stock valued at $34,000 after acquiring an additional 130 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Up 0.3%

Shares of PG stock opened at $142.67 on Friday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.99. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The stock’s 50-day moving average price is $146.43 and its 200-day moving average price is $148.26. The stock has a market capitalization of $332.22 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 6.10 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the previous year, the firm posted $1.54 earnings per share. The business’s revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Friday, April 24th. Procter & Gamble’s payout ratio is presently 63.60%.

Insider Activity

In other news, insider Susan Street Whaley sold 1,809 shares of Procter & Gamble stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the sale, the insider directly owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. The trade was a 5.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $165.29, for a total value of $917,194.21. Following the sale, the chief executive officer directly owned 1,029 shares in the company, valued at $170,083.41. The trade was a 84.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Wells Fargo & Company raised their price target on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Jefferies Financial Group decreased their price target on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Morgan Stanley decreased their price target on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Piper Sandler raised their price target on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $161.06.

About Procter & Gamble

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.