Fifth Third Wealth Advisors LLC Acquires 4,005 Shares of Procter & Gamble Company (The) $PG

Fifth Third Wealth Advisors LLC boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 7.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,730 shares of the company’s stock after purchasing an additional 4,005 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Procter & Gamble were worth $9,178,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Lantz Financial LLC grew its position 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 grew its holdings in shares of Procter & Gamble by 2.0% in 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. boosted its position in Procter & Gamble by 5.2% during the 1st quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock valued at $226,000 after buying an additional 65 shares during the period. Silver Oak Securities Incorporated increased its position in shares of Procter & Gamble by 0.3% in the second quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock valued at $3,524,000 after acquiring an additional 65 shares during the period. Finally, Access Financial Services Inc. raised its stake in shares of Procter & Gamble by 0.6% during the second quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock valued at $1,735,000 after acquiring an additional 65 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Berenberg Bank upped their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. UBS Group dropped their price target 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. Dbs Bank raised shares of Procter & Gamble to a “hold” rating in a research report on Friday, December 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Finally, Wells Fargo & Company reduced their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $171.38.

Insiders Place Their Bets

In other Procter & Gamble 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 value of $108,438.25. Following the completion of the transaction, the chief accounting officer directly owned 979 shares of the company’s stock, valued at approximately $146,429.03. The trade was a 42.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $141.77 on Friday. The company has a 50 day simple moving average of $145.94 and a two-hundred day simple moving average of $152.16. Procter & Gamble Company has a fifty-two week low of $138.14 and a fifty-two week high of $179.99. The company has a market capitalization of $331.29 billion, a price-to-earnings ratio of 20.70, a P/E/G ratio of 4.78 and a beta of 0.39. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71.

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

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio is 61.75%.

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.