WCG Wealth Advisors LLC Buys 5,813 Shares of Procter & Gamble Company (The) $PG

WCG Wealth Advisors LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 26.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,786 shares of the company’s stock after purchasing an additional 5,813 shares during the period. WCG Wealth Advisors LLC’s holdings in Procter & Gamble were worth $3,982,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. Park Square Financial Group LLC increased its holdings in Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares in the last quarter. Maseco LLP bought a new stake in Procter & Gamble during the 4th quarter worth approximately $28,000. Saranac Partners Ltd purchased a new position in Procter & Gamble during the third quarter valued at approximately $30,000. Finally, Caitlin John LLC purchased a new position in Procter & Gamble during the third quarter valued at approximately $34,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble News Roundup

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Procter & Gamble will webcast its presentation from the Evercore Consumer and Retail Conference on June 10, which could give investors fresh updates on demand trends, pricing, margins, and guidance expectations. P&G to Webcast Presentation From the Evercore Consumer and Retail Conference, June 10
• Positive Sentiment: PG highlighted its presentation at the 23rd Annual dbAccess Global Consumer Conference, reinforcing management’s active engagement with investors and analysts. The Procter and Gamble Company (PG) Presents at 23rd annual dbAccess Global Consumer Conference – Slideshow
• Positive Sentiment: Walmart announced a $10.8 million disaster-relief grant to Matthew 25: Ministries in collaboration with Procter & Gamble, a reputationally positive note that underscores PG’s role in large-scale consumer and community partnerships. Walmart Grants $10.8M to Matthew 25: Ministries for Disaster Fleet Expansion in Collaboration with Procter & Gamble

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $140.80 on Friday. The firm has a market cap of $327.87 billion, a PE ratio of 20.58, a PEG ratio of 6.01 and a beta of 0.39. The stock has a 50 day moving average of $144.13 and a 200 day moving average of $147.69. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data 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. The business had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 3.1%. Procter & Gamble’s payout ratio is currently 63.60%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group reduced their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research note on Wednesday, April 8th. Evercore set a $162.00 target price on shares of Procter & Gamble in a report on Monday, April 27th. Rothschild & Co Redburn cut their price target on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Finally, Piper Sandler upped their price objective on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $161.06.

Procter & Gamble 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.