Farther Finance Advisors LLC Buys 11,985 Shares of Procter & Gamble Company (The) $PG

Farther Finance Advisors LLC grew its stake in Procter & Gamble Company (The) (NYSE:PG) by 15.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 90,071 shares of the company’s stock after purchasing an additional 11,985 shares during the quarter. Farther Finance Advisors LLC’s holdings in Procter & Gamble were worth $13,839,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Lantz Financial LLC boosted its holdings in Procter & Gamble by 1.2% during the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after acquiring an additional 64 shares during the last quarter. Orca Investment Management LLC boosted its holdings in Procter & Gamble by 2.0% during the second quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after purchasing an additional 64 shares during the last quarter. Kondo Wealth Advisors Inc. grew its position in Procter & Gamble by 5.2% in the 1st quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock worth $226,000 after purchasing an additional 65 shares in the last quarter. Silver Oak Securities Incorporated grew its position in Procter & Gamble by 0.3% in the 2nd quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock worth $3,524,000 after purchasing an additional 65 shares in the last quarter. Finally, Access Financial Services Inc. lifted its position in shares of Procter & Gamble by 0.6% during the 2nd quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock worth $1,735,000 after buying an additional 65 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Up 0.4%

Shares of Procter & Gamble stock opened at $143.20 on Wednesday. The stock has a market capitalization of $334.62 billion, a P/E ratio of 20.91, a P/E/G ratio of 4.81 and a beta of 0.39. Procter & Gamble Company has a 52-week low of $138.14 and a 52-week high of $179.99. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The stock’s 50-day simple moving average is $147.10 and its 200 day simple moving average is $153.09.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. During the same quarter last year, the business earned $1.93 earnings per share. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were issued a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s payout ratio is presently 61.61%.

Insider Activity

In related news, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the sale, the chief accounting officer owned 979 shares of the company’s stock, valued at approximately $146,429.03. This represents a 42.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gary A. Coombe sold 3,535 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the transaction, the chief executive officer owned 34,816 shares of the company’s stock, valued at approximately $5,300,039.68. This represents a 9.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 30,308 shares of company stock valued at $4,611,852. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

PG has been the subject of several recent analyst reports. Morgan Stanley set a $175.00 target price on Procter & Gamble in a report on Monday, October 27th. UBS Group reduced their price objective on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Berenberg Bank lifted their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. Dbs Bank upgraded shares of Procter & Gamble to a “hold” rating in a research report on Friday, December 5th. Finally, Bank of America decreased their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Thirteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average price target of $171.38.

About Procter & Gamble

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.