Journey Strategic Wealth LLC Boosts Position in Procter & Gamble Company (The) $PG

Journey Strategic Wealth LLC grew its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 17.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,921 shares of the company’s stock after buying an additional 4,932 shares during the quarter. Journey Strategic Wealth LLC’s holdings in Procter & Gamble were worth $5,212,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in PG. Brighton Jones LLC grew its stake 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 buying an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. boosted its holdings in Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after acquiring an additional 277 shares during the period. Sivia Capital Partners LLC grew its position in Procter & Gamble by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after acquiring an additional 1,016 shares in the last quarter. Auxano Advisors LLC grew its position in Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock valued at $1,165,000 after acquiring an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in shares of Procter & Gamble by 2.8% during the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock worth $4,809,000 after purchasing an additional 809 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $166.95 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $388.00 billion, a price-to-earnings ratio of 24.73, a price-to-earnings-growth ratio of 5.59 and a beta of 0.37. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $179.99. The business has a 50 day simple moving average of $150.95 and a 200-day simple moving average of $151.05.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. During the same period last year, the business posted $1.88 earnings per share. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts expect 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 was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.5%. Procter & Gamble’s payout ratio is 62.67%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Piper Sandler initiated coverage on shares of Procter & Gamble in a report on Wednesday, January 7th. They set a “neutral” rating and a $150.00 price target for the company. Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and upped their price objective for the company from $156.00 to $179.00 in a research report on Tuesday, December 16th. TD Cowen lowered Procter & Gamble from a “buy” rating to a “hold” rating and lifted their target price for the stock from $150.00 to $156.00 in a research report on Tuesday, January 27th. Wells Fargo & Company reissued an “overweight” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Tuesday, February 17th. Finally, Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Fourteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $168.33.

View Our Latest Stock Report on PG

Insider Buying and Selling at Procter & Gamble

In related news, insider Moses Victor Javier Aguilar sold 15,169 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the sale, the insider owned 44,735 shares in the company, valued at $7,259,595.80. This represents a 25.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Balaji Purushothaman sold 12,827 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $160.31, for a total value of $2,056,296.37. Following the completion of the transaction, the insider owned 12,639 shares of the company’s stock, valued at approximately $2,026,158.09. The trade was a 50.37% 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 343,069 shares of company stock worth $54,545,448. 0.20% of the stock is owned by company insiders.

Key Headlines Impacting Procter & Gamble

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About Procter & Gamble

(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.

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

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