IHT Wealth Management LLC Grows Stock Position in Procter & Gamble Company (The) $PG

IHT Wealth Management LLC boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 10.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 74,615 shares of the company’s stock after acquiring an additional 6,922 shares during the quarter. IHT Wealth Management LLC’s holdings in Procter & Gamble were worth $11,888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Brighton Jones LLC increased its position in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares during the period. Taylor Financial Group Inc. grew its stake in shares of Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares during the last quarter. Vestmark Advisory Solutions Inc. increased its holdings in Procter & Gamble by 110.1% during the 1st quarter. Vestmark Advisory Solutions Inc. now owns 39,513 shares of the company’s stock valued at $6,734,000 after purchasing an additional 20,705 shares during the period. Horizon Investments LLC lifted its holdings in Procter & Gamble by 10.4% in the 1st quarter. Horizon Investments LLC now owns 24,011 shares of the company’s stock worth $4,067,000 after buying an additional 2,268 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Procter & Gamble by 7.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,409,865 shares of the company’s stock worth $1,773,888,000 after buying an additional 697,366 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Up 1.4%

Shares of NYSE:PG opened at $142.77 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock has a fifty day simple moving average of $147.84 and a two-hundred day simple moving average of $154.34. Procter & Gamble Company has a 12-month low of $138.14 and a 12-month high of $179.99. The stock has a market capitalization of $333.61 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 4.73 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations 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 period in the prior year, the firm posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s dividend payout ratio is currently 61.75%.

Insider Activity

In other news, CEO Gary A. Coombe sold 3,535 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the transaction, the chief executive officer owned 34,816 shares in the company, valued at $5,300,039.68. The trade was a 9.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Shailesh Jejurikar sold 3,986 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $606,788.78. Following the sale, the chief operating officer directly owned 46,899 shares in the company, valued at $7,139,434.77. This trade represents a 7.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 30,308 shares of company stock valued at $4,611,852. Company insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, October 27th. Deutsche Bank Aktiengesellschaft cut their price objective on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. UBS Group decreased their target price on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. BNP Paribas restated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Raymond James Financial decreased their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Twelve equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $171.40.

Procter & Gamble Company 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.