Procter & Gamble Company (The) $PG Shares Purchased by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC boosted its stake in Procter & Gamble Company (The) (NYSE:PG) by 21.5% in the third quarter, Holdings Channel reports. The fund owned 84,512 shares of the company’s stock after buying an additional 14,954 shares during the quarter. Procter & Gamble makes up about 1.2% of Turtle Creek Wealth Advisors LLC’s holdings, making the stock its 22nd biggest holding. Turtle Creek Wealth Advisors LLC’s holdings in Procter & Gamble were worth $12,985,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Orca Investment Management LLC grew its holdings in Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock valued at $516,000 after purchasing an additional 64 shares in the last quarter. Access Financial Services Inc. lifted its holdings in Procter & Gamble by 0.6% in the 2nd quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock worth $1,735,000 after buying an additional 65 shares in the last quarter. Sovereign Financial Group Inc. boosted its position in Procter & Gamble by 1.1% in the 2nd quarter. Sovereign Financial Group Inc. now owns 5,823 shares of the company’s stock valued at $928,000 after buying an additional 65 shares during the last quarter. WP Advisors LLC grew its stake in shares of Procter & Gamble by 4.9% during the second quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock valued at $224,000 after acquiring an additional 66 shares in the last quarter. Finally, LVZ Inc. increased its position in shares of Procter & Gamble by 2.0% during the second quarter. LVZ Inc. now owns 3,409 shares of the company’s stock worth $543,000 after acquiring an additional 67 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insiders Place Their Bets

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total value of $108,438.25. Following the sale, the chief accounting officer directly owned 979 shares in the company, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Trading Down 0.1%

Procter & Gamble stock opened at $144.55 on Tuesday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99. The firm’s 50-day moving average is $144.70 and its 200-day moving average is $150.79. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The company has a market cap of $337.77 billion, a P/E ratio of 21.10, a PEG ratio of 4.89 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same quarter in the prior year, the business earned $1.93 earnings per share. Procter & Gamble’s quarterly revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, January 23rd. Procter & Gamble’s dividend payout ratio is presently 61.75%.

Analysts Set New Price Targets

Several research firms have issued reports on PG. Cowen restated a “buy” rating on shares of Procter & Gamble in a report on Thursday, January 8th. Jefferies Financial Group upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and lifted their price target for the stock from $156.00 to $179.00 in a research note on Tuesday, December 16th. Bank of America cut their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. JPMorgan Chase & Co. dropped their target price on shares of Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a research report on Thursday, December 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Fifteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus price target of $168.36.

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.