Moneta Group Investment Advisors LLC Grows Holdings in Procter & Gamble Company (The) $PG

Moneta Group Investment Advisors LLC raised its stake in Procter & Gamble Company (The) (NYSE:PG) by 15.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,341 shares of the company’s stock after buying an additional 14,376 shares during the period. Moneta Group Investment Advisors LLC’s holdings in Procter & Gamble were worth $16,954,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Emprise Bank raised its position in Procter & Gamble by 2.5% during the third quarter. Emprise Bank now owns 2,766 shares of the company’s stock valued at $425,000 after purchasing an additional 68 shares in the last quarter. Affiance Financial LLC boosted its holdings in shares of Procter & Gamble by 2.5% in the 3rd quarter. Affiance Financial LLC now owns 2,803 shares of the company’s stock worth $431,000 after purchasing an additional 69 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its position in shares of Procter & Gamble by 12.9% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 621 shares of the company’s stock valued at $99,000 after purchasing an additional 71 shares during the last quarter. Dominguez Wealth Management Solutions Inc. raised its holdings in shares of Procter & Gamble by 0.3% during the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 20,464 shares of the company’s stock valued at $3,144,000 after buying an additional 71 shares in the last quarter. Finally, Partners Wealth Management LLC lifted its position in Procter & Gamble by 1.2% in the 3rd quarter. Partners Wealth Management LLC now owns 5,996 shares of the company’s stock worth $921,000 after buying an additional 72 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,827 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the transaction, the insider directly 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the completion of the transaction, the insider owned 44,735 shares of the company’s stock, valued at $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 348,618 shares of company stock valued at $55,462,643 over the last 90 days. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

PG has been the topic of several research reports. Piper Sandler began coverage on shares of Procter & Gamble in a research note on Wednesday, January 7th. They set a “neutral” rating and a $150.00 price target on the stock. Rothschild & Co Redburn upped their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Wells Fargo & Company reiterated an “overweight” rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Tuesday, February 17th. Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Finally, BNP Paribas Exane reduced their price objective on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Fourteen research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $168.33.

Procter & Gamble News Summary

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

• Positive Sentiment: Pampers launched “Pampers AMORE” — positioned as a premium diaper with a “soft as cashmere” feel and upgraded performance. A successful premium rollout can support pricing power, margin expansion, and category leadership in baby care. Pampers Launches Pampers AMORE: The Brand’s Best Diaper Yet, Featuring a Soft as Cashmere Feel and Performance Without Compromise
• Positive Sentiment: Several bullish write-ups and inclusion in “top consumer staples” lists are increasing investor interest in PG’s defensive earnings profile and reliable cash flow, which can attract more inflows into the stock. The Top 2 Consumer Staples Stocks to Buy Right Now
• Positive Sentiment: Independent bullish analyses (summarized in recent articles) highlight PG’s steady margins, brand depth and dividend/cash-flow durability — reinforcing long-term investor conviction. Procter & Gamble Company (The) (PG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Zacks and other services note heightened retail/analyst attention on PG, which can raise short-term volume and volatility but doesn’t by itself change fundamentals. Procter & Gamble Company (The) (PG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: P&G announced a near-$1 billion investment to build a new Gillette headquarters and technical center in Boston. That consolidates R&D and operations (positive for long-term innovation and efficiency) but increases near-term capex and will be monitored for its impact on free cash flow. Procter & Gamble’s US$1b Gillette Bet And What It Means For PG

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $152.07 on Tuesday. The company’s fifty day simple moving average is $153.55 and its two-hundred day simple moving average is $150.93. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $174.80. The firm has a market cap of $353.40 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 5.04 and a beta of 0.37. 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:PG) last issued its quarterly earnings data on Friday, January 23rd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. The firm had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.88 earnings per share. As a group, equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s payout ratio is 62.52%.

Procter & Gamble Company 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.