Atwater Malick LLC Has $7.76 Million Stock Holdings in Procter & Gamble Company (The) $PG

Atwater Malick LLC lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 21.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,480 shares of the company’s stock after selling 14,030 shares during the quarter. Procter & Gamble accounts for approximately 2.3% of Atwater Malick LLC’s investment portfolio, making the stock its 16th biggest holding. Atwater Malick LLC’s holdings in Procter & Gamble were worth $7,756,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new stake in shares of Procter & Gamble during the 1st quarter worth approximately $26,000. Halbert Hargrove Global Advisors LLC acquired a new position in Procter & Gamble during the third quarter worth $25,000. Signature Resources Capital Management LLC raised its position in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares in the last quarter. Mid American Wealth Advisory Group Inc. acquired a new stake in Procter & Gamble in the second quarter valued at $34,000. Finally, RMG Wealth Management LLC bought a new position in shares of Procter & Gamble in the 2nd quarter valued at about $37,000. 65.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of recent analyst reports. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and boosted their price target for the stock from $156.00 to $179.00 in a research report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, December 29th. Raymond James Financial cut their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Dbs Bank raised shares of Procter & Gamble to a “hold” rating in a research report on Friday, December 5th. Finally, UBS Group dropped their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Thirteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $170.14.

Insider Buying and Selling at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Down 1.3%

Shares of NYSE:PG opened at $138.06 on Thursday. The company has a market capitalization of $322.60 billion, a P/E ratio of 20.15, a P/E/G ratio of 4.71 and a beta of 0.39. 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’s 50 day simple moving average is $145.27 and its 200 day simple moving average is $151.77. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) 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 analyst estimates of $22.23 billion. During the same period in the prior year, the firm posted $1.93 EPS. Procter & Gamble’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. On average, research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company 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. The ex-dividend date was Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 3.1%. Procter & Gamble’s payout ratio is presently 61.61%.

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.