Cornerstone Wealth Management LLC decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 2.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,767 shares of the company’s stock after selling 3,056 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Procter & Gamble were worth $15,511,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cassia Capital Partners LLC lifted its holdings in shares of Procter & Gamble by 3.2% in the 3rd quarter. Cassia Capital Partners LLC now owns 8,515 shares of the company’s stock valued at $1,237,000 after purchasing an additional 263 shares during the last quarter. DMKC Advisory Services LLC grew its stake in Procter & Gamble by 4.9% during the 3rd quarter. DMKC Advisory Services LLC now owns 23,837 shares of the company’s stock worth $3,463,000 after buying an additional 1,109 shares during the last quarter. Torrey Growth & Income Advisors grew its stake in Procter & Gamble by 2.2% during the 3rd quarter. Torrey Growth & Income Advisors now owns 4,725 shares of the company’s stock worth $700,000 after buying an additional 100 shares during the last quarter. Global Wealth Management Investment Advisory Inc. increased its position in Procter & Gamble by 3.6% during the third quarter. Global Wealth Management Investment Advisory Inc. now owns 47,642 shares of the company’s stock worth $6,921,000 after buying an additional 1,648 shares during the period. Finally, 71 West Capital Partners increased its position in Procter & Gamble by 1.0% during the third quarter. 71 West Capital Partners now owns 15,914 shares of the company’s stock worth $2,312,000 after buying an additional 161 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.
Procter & Gamble Stock Up 0.1%
Procter & Gamble stock opened at $168.43 on Wednesday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.52. The stock has a 50 day moving average of $152.95 and a two-hundred day moving average of $149.64. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $390.38 billion, a price-to-earnings ratio of 25.37, a PEG ratio of 4.14 and a beta of 0.36.
Procter & Gamble (NYSE:PG – Get Free Report) last released its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The business had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same quarter in the previous year, the company posted $1.99 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. As a group, research analysts expect that Procter & Gamble Company will post 6.99 earnings per share for the current year.
Procter & Gamble Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s dividend payout ratio (DPR) is 65.51%.
Procter & Gamble News Roundup
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: PG’s Beauty business posted 5% organic sales growth in fiscal Q1 2027, supported by Pantene and SK-II, product innovation, and stronger brand execution. Sustaining that momentum could help support growth, though its impact on the broader business remains uncertain. Article: Is Procter & Gamble’s Beauty Momentum Enough to Lift Growth?
- Neutral Sentiment: P&G named Shalini Saraswat Brand Director and Business Head for Pantene India, bringing prior P&G brand leadership and R&D experience. The appointment supports the company’s focus on hair care in India, but no expected financial effect was specified. Article: What Does Procter & Gamble Naming a New India Beauty Head Signal?
- Neutral Sentiment: In an advertising challenge brought by P&G, the National Advertising Division concluded that Unilever had substantiation for its challenged Dove body-wash moisturizing claims. This is a competitive setback for P&G, but no direct financial impact was reported. Article: National Advertising Division Found Unilever’s Dove Deep Moisture Body Wash Claims Supported
- Negative Sentiment: CEO Juliana Mont Santos sold 5,370 shares and CFO Andre Schulten sold 30,677 shares, both at $169 on Nov. 5. Each retained shares, but the sales and reductions in their respective holdings could weigh on investor sentiment. Article: Procter & Gamble CFO Andre Schulten Sells Shares CEO SEC filing
Insider Buying and Selling
In other Procter & Gamble news, insider Victor Aguilar sold 18,812 shares of the business’s stock in a transaction on Friday, October 30th. The shares were sold at an average price of $164.43, for a total value of $3,093,257.16. Following the transaction, the insider directly owned 55,243 shares of the company’s stock, valued at approximately $9,083,606.49. The trade was a 25.40% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Shailesh Jejurikar sold 35,000 shares of the company’s stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $163.09, for a total transaction of $5,708,150.00. Following the transaction, the chief executive officer owned 55,391 shares of the company’s stock, valued at approximately $9,033,718.19. The trade was a 38.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 197,756 shares of company stock worth $32,336,001 in the last ninety days. Insiders own 0.23% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on PG. Freedom Broker raised Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 price objective for the company in a report on Friday, October 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, September 21st. Citigroup upped their price target on shares of Procter & Gamble from $180.00 to $187.00 and gave the company a “buy” rating in a research report on Friday, October 23rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Procter & Gamble in a research note on Friday, October 23rd. Finally, DZ Bank downgraded shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 27th. Fifteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $170.57.
Read Our Latest Stock Analysis on Procter & Gamble
Procter & Gamble Profile
The Procter & Gamble Company is a consumer goods company that develops, manufactures and markets products for everyday use. Founded in 1837 by William Procter and James Gamble, the company is headquartered in Cincinnati, Ohio. Its products span beauty, grooming, health care, fabric and home care, and baby, feminine and family care. Well-known brands include Tide, Pampers, Gillette, Pantene, Olay, Oral-B, Crest, Dawn, Charmin and Bounty. Procter & Gamble sells its products in markets around the world through retail stores, e-commerce platforms and other distribution channels.
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