Procter & Gamble Company (The) $PG Stock Position Raised by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 2.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 489,261 shares of the company’s stock after purchasing an additional 9,995 shares during the period. Procter & Gamble comprises approximately 2.5% of Daymark Wealth Partners LLC’s holdings, making the stock its 7th largest holding. Daymark Wealth Partners LLC’s holdings in Procter & Gamble were worth $75,175,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. GoalVest Advisory LLC grew its holdings in Procter & Gamble by 8.5% during the 3rd quarter. GoalVest Advisory LLC now owns 11,327 shares of the company’s stock worth $1,740,000 after acquiring an additional 888 shares in the last quarter. Centennial Wealth Advisory LLC raised its stake in shares of Procter & Gamble by 6.6% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 4,582 shares of the company’s stock valued at $704,000 after purchasing an additional 284 shares in the last quarter. Endeavor Private Wealth Inc. lifted its position in shares of Procter & Gamble by 16.0% during the third quarter. Endeavor Private Wealth Inc. now owns 4,269 shares of the company’s stock worth $656,000 after purchasing an additional 588 shares during the last quarter. Earned Wealth Advisors LLC lifted its position in shares of Procter & Gamble by 49.2% during the third quarter. Earned Wealth Advisors LLC now owns 6,309 shares of the company’s stock worth $969,000 after purchasing an additional 2,080 shares during the last quarter. Finally, Abacus Planning Group Inc. grew its stake in Procter & Gamble by 2.8% in the third quarter. Abacus Planning Group Inc. now owns 6,304 shares of the company’s stock worth $969,000 after purchasing an additional 172 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Down 1.1%

Shares of NYSE PG opened at $141.77 on Monday. Procter & Gamble Company has a 12-month low of $138.14 and a 12-month high of $179.99. The company has a market cap of $331.29 billion, a price-to-earnings ratio of 20.70, a price-to-earnings-growth ratio of 4.78 and a beta of 0.39. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock’s 50 day simple moving average is $145.94 and its 200 day simple moving average is $152.12.

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 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 firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same period last year, the company earned $1.93 earnings per share. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

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

Insider Activity at Procter & Gamble

In other news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction that occurred on 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. The trade was a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on PG shares. Berenberg Bank upped their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft dropped their price target on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. Bank of America reduced their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lowered their target price on shares of Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a research note on Thursday, December 18th. Finally, Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and increased their target price for the stock from $156.00 to $179.00 in a report on Tuesday, December 16th. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $171.38.

Procter & Gamble 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.