Triad Wealth Partners LLC Acquires 1,047 Shares of Procter & Gamble Company (The) $PG

Triad Wealth Partners LLC raised its position in Procter & Gamble Company (The) (NYSE:PG) by 18.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,623 shares of the company’s stock after purchasing an additional 1,047 shares during the period. Triad Wealth Partners LLC’s holdings in Procter & Gamble were worth $1,055,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Red Mountain Financial LLC raised its holdings in Procter & Gamble by 5.3% in the second quarter. Red Mountain Financial LLC now owns 2,441 shares of the company’s stock worth $403,000 after purchasing an additional 123 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in Procter & Gamble by 5.6% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 331,443 shares of the company’s stock worth $52,806,000 after purchasing an additional 17,697 shares during the period. Cornell Pochily Investment Advisors Inc. raised its holdings in Procter & Gamble by 4.7% in the second quarter. Cornell Pochily Investment Advisors Inc. now owns 29,201 shares of the company’s stock worth $4,652,000 after purchasing an additional 1,303 shares during the period. Patriot Financial Group Insurance Agency LLC raised its holdings in Procter & Gamble by 9.9% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 8,496 shares of the company’s stock worth $1,302,000 after purchasing an additional 762 shares during the period. Finally, DMKC Advisory Services LLC raised its holdings in Procter & Gamble by 14.2% in the second quarter. DMKC Advisory Services LLC now owns 13,098 shares of the company’s stock worth $2,038,000 after purchasing an additional 1,626 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on PG shares. Barclays cut their target price on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday. BNP Paribas reiterated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Berenberg Bank upped their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. BNP Paribas Exane reduced their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Finally, UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $173.11.

Procter & Gamble Stock Performance

Shares of PG opened at $152.06 on Friday. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The firm has a fifty day simple moving average of $155.63 and a 200 day simple moving average of $160.17. The stock has a market capitalization of $355.90 billion, a price-to-earnings ratio of 23.36, a PEG ratio of 4.04 and a beta of 0.36. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. During the same quarter in the prior year, the company posted $1.40 earnings per share. The firm’s revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were issued a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is presently 64.82%.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the completion of the transaction, the chief executive officer owned 319,375 shares in the company, valued at approximately $50,228,106.25. This represents a 11.16% 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 Gary A. Coombe sold 10,194 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the sale, the chief executive officer owned 34,978 shares of the company’s stock, valued at approximately $5,532,120.48. This represents a 22.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock valued at $18,918,012 in the last three months. 0.20% of the stock is currently owned by insiders.

Procter & Gamble 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.