Patrick Mauro Investment Advisor INC. Has $5.23 Million Position in Procter & Gamble Company (The) $PG

Patrick Mauro Investment Advisor INC. increased its stake in Procter & Gamble Company (The) (NYSE:PG) by 14.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,666 shares of the company’s stock after purchasing an additional 4,453 shares during the period. Procter & Gamble accounts for 2.6% of Patrick Mauro Investment Advisor INC.’s portfolio, making the stock its 14th largest holding. Patrick Mauro Investment Advisor INC.’s holdings in Procter & Gamble were worth $5,230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of PG. Carson Advisory Inc. raised its position in shares of Procter & Gamble by 0.5% during the fourth quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock worth $1,738,000 after acquiring an additional 65 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in Procter & Gamble by 1.8% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock valued at $549,000 after acquiring an additional 67 shares during the last quarter. Cowa LLC increased its position in Procter & Gamble by 2.4% in the fourth quarter. Cowa LLC now owns 2,985 shares of the company’s stock worth $428,000 after purchasing an additional 70 shares during the period. KLCM Advisors Inc. increased its position in Procter & Gamble by 0.9% in the first quarter. KLCM Advisors Inc. now owns 7,890 shares of the company’s stock worth $1,140,000 after purchasing an additional 70 shares during the period. Finally, Wheelhouse Advisory Group LLC raised its holdings in Procter & Gamble by 1.6% during the 4th quarter. Wheelhouse Advisory Group LLC now owns 4,438 shares of the company’s stock worth $639,000 after purchasing an additional 71 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on PG shares. Barclays raised their target price on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. UBS Group increased their price objective on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a report on Monday, April 27th. Rothschild & Co Redburn lowered their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Procter & Gamble in a research report on Wednesday. Thirteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and an average target price of $161.52.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $144.77 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $336.51 billion, a P/E ratio of 21.87, a PEG ratio of 4.46 and a beta of 0.39. The business has a 50-day moving average of $147.73 and a 200-day moving average of $148.66. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business had revenue of $21.20 billion for the quarter, compared to the consensus estimate of $21.38 billion. During the same period last year, the company posted $1.48 EPS. Procter & Gamble’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, equities analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were issued a $1.0885 dividend. The ex-dividend date was Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is 65.71%.

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.