Financial Consulate Inc. Takes $1.26 Million Position in Procter & Gamble Company (The) $PG

Financial Consulate Inc. acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,220 shares of the company’s stock, valued at approximately $1,263,000.

A number of other institutional investors have also added to or reduced their stakes in PG. Brighton Jones LLC grew its position in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. lifted its holdings in shares of 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 last quarter. Quarry LP purchased a new stake in shares of Procter & Gamble in the 1st quarter valued at $33,000. Bosun Asset Management LLC grew its holdings in shares of Procter & Gamble by 8.9% during the 1st quarter. Bosun Asset Management LLC now owns 2,723 shares of the company’s stock valued at $464,000 after purchasing an additional 223 shares during the last quarter. Finally, Copperleaf Capital LLC purchased a new position in Procter & Gamble in the 1st quarter worth $213,000. Institutional investors own 65.77% of the company’s stock.

Insider Activity at Procter & Gamble

In other news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction dated Thursday, October 30th. The shares were 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. The trade was a 42.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

PG has been the subject of several analyst reports. UBS Group cut their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Barclays lowered their target price on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a research note on Monday, December 8th. Berenberg Bank raised their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday. Finally, JPMorgan Chase & Co. dropped their price objective on Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a research note on Thursday, December 18th. Thirteen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $171.38.

Procter & Gamble Trading Down 0.5%

PG opened at $143.33 on Friday. Procter & Gamble Company has a one year low of $138.14 and a one year high of $179.99. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. The business has a 50 day simple moving average of $146.16 and a two-hundred day simple moving average of $152.34. The firm has a market capitalization of $334.92 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 4.83 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 61.61%.

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.