TrueMark Investments LLC Has $6.54 Million Stake in Procter & Gamble Company (The) $PG

TrueMark Investments LLC raised its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 123.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,587 shares of the company’s stock after buying an additional 23,500 shares during the period. TrueMark Investments LLC’s holdings in Procter & Gamble were worth $6,543,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PG. Halbert Hargrove Global Advisors LLC bought a new stake in Procter & Gamble during the third quarter worth about $25,000. Signature Resources Capital Management LLC increased its position in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the last quarter. Corundum Trust Company INC bought a new stake in shares of Procter & Gamble during the 3rd quarter worth approximately $32,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble in the 2nd quarter valued at approximately $34,000. Finally, RMG Wealth Management LLC bought a new position in shares of Procter & Gamble in the second quarter valued at $37,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Trading Up 0.2%

Shares of NYSE:PG opened at $150.19 on Friday. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. The business has a 50 day moving average of $144.72 and a 200-day moving average of $150.59. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.48. The stock has a market cap of $350.95 billion, a PE ratio of 22.25, a P/E/G ratio of 5.07 and a beta of 0.39.

Procter & Gamble (NYSE:PGGet Free Report) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.02. The business had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a return on equity of 32.10% and a net margin of 19.30%.The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period last year, the firm posted $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be paid a $1.0568 dividend. The ex-dividend date is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio is 62.67%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wells Fargo & Company increased their price target on shares of Procter & Gamble from $158.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday. Barclays set a $155.00 target price on shares of Procter & Gamble in a research note on Friday, January 16th. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday. Raymond James Financial dropped their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. Finally, UBS Group lifted their target price on Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus target price of $167.21.

View Our Latest Stock Analysis on Procter & Gamble

Key Stories Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

Insider Buying and Selling

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $149.57, for a total value of $108,438.25. Following the completion of the sale, the chief accounting officer owned 979 shares in the company, valued at $146,429.03. The trade was a 42.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PGFree Report).

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.