WealthBridge Capital Management LLC Has $1.38 Million Holdings in Procter & Gamble Company (The) $PG

WealthBridge Capital Management LLC boosted its position in Procter & Gamble Company (The) (NYSE:PG) by 7.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,656 shares of the company’s stock after buying an additional 564 shares during the period. WealthBridge Capital Management LLC’s holdings in Procter & Gamble were worth $1,379,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Private Management Group Inc. grew its stake in Procter & Gamble by 4.8% during the first quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock worth $236,000 after purchasing an additional 64 shares during the period. Lantz Financial LLC boosted its holdings in shares of Procter & Gamble by 1.2% during the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after buying an additional 64 shares in the last quarter. Orca Investment Management LLC boosted its holdings in shares of Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after buying an additional 64 shares in the last quarter. Kondo Wealth Advisors Inc. grew its position in shares of Procter & Gamble by 5.2% during the 1st quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock worth $226,000 after buying an additional 65 shares during the period. Finally, Silver Oak Securities Incorporated increased its stake in shares of Procter & Gamble by 0.3% in the 2nd quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock valued at $3,524,000 after acquiring an additional 65 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Trading Up 1.8%

NYSE:PG opened at $150.84 on Friday. 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 one year low of $144.09 and a one year high of $180.43. The company has a market cap of $352.47 billion, a PE ratio of 22.02, a PEG ratio of 3.87 and a beta of 0.36. The firm has a 50-day moving average of $150.75 and a 200-day moving average of $156.16.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The business 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%.The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, equities research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were given a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio is presently 61.61%.

Analysts Set New Price Targets

Several research analysts recently issued reports on PG shares. UBS Group cut their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Barclays dropped their price objective 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, October 1st. BNP Paribas Exane reduced their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. Morgan Stanley set a $175.00 target price on Procter & Gamble in a research report on Monday, October 27th. Finally, JPMorgan Chase & Co. increased their price target on Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, October 27th. Twelve equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $171.53.

Insider Buying and Selling at Procter & Gamble

In other news, CFO Andre Schulten sold 4,252 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $647,281.96. Following the completion of the sale, the chief financial officer owned 53,992 shares in the company, valued at $8,219,202.16. This represents a 7.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jennifer L. Davis sold 3,227 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $491,246.21. Following the transaction, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 31,308 shares of company stock worth $4,768,692. 0.20% of the stock is currently owned by insiders.

About Procter & Gamble

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.