Arete Wealth Advisors LLC Takes Position in Procter & Gamble Company (The) $PG

Arete Wealth Advisors LLC purchased a new stake in Procter & Gamble Company (The) (NYSE:PGFree Report) in the 3rd quarter, HoldingsChannel reports. The firm purchased 24,590 shares of the company’s stock, valued at approximately $3,776,000.

Other institutional investors also recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Procter & Gamble during the 3rd quarter valued at approximately $25,000. Corundum Trust Company INC purchased a new stake in Procter & Gamble during the 3rd quarter worth approximately $32,000. Caitlin John LLC acquired a new position in shares of Procter & Gamble during the third quarter valued at approximately $34,000. Marquette Asset Management LLC purchased a new position in shares of Procter & Gamble in the third quarter valued at approximately $37,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of Procter & Gamble in the third quarter worth approximately $40,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Price Performance

NYSE:PG opened at $166.95 on Friday. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $179.99. The stock’s fifty day moving average is $150.95 and its two-hundred day moving average is $151.08. The company has a market capitalization of $388.00 billion, a P/E ratio of 24.73, a P/E/G ratio of 5.59 and a beta of 0.38. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49.

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 analysts’ consensus estimates 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 32.21% and a net margin of 19.30%.The company’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Friday, January 23rd. Procter & Gamble’s payout ratio is 62.67%.

Analysts Set New Price Targets

Several research analysts recently commented on PG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and increased their target price for the company from $150.00 to $156.00 in a research report on Tuesday, January 27th. Wells Fargo & Company restated an “overweight” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Tuesday, February 17th. Erste Group Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Finally, Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and boosted their target price for the stock from $156.00 to $179.00 in a report on Tuesday, December 16th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $168.33.

View Our Latest Report on Procter & Gamble

Procter & Gamble News Summary

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

Insider Transactions at Procter & Gamble

In related news, CEO Gary A. Coombe sold 36,093 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the completion of the transaction, the chief executive officer owned 34,994 shares of the company’s stock, valued at approximately $5,680,576.02. This trade represents a 50.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Marc S. Pritchard sold 95,903 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the sale, the insider directly owned 182,607 shares in the company, valued at approximately $27,601,048.05. The trade was a 34.43% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 343,069 shares of company stock worth $54,545,448. 0.20% of the stock is owned by company insiders.

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.

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

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