GDS Wealth Management Increases Holdings in Procter & Gamble Company (The) $PG

GDS Wealth Management boosted its stake in Procter & Gamble Company (The) (NYSE:PGFree Report) by 20.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,190 shares of the company’s stock after purchasing an additional 14,060 shares during the period. GDS Wealth Management’s holdings in Procter & Gamble were worth $12,475,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of PG. BAM Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the third quarter valued at about $678,000. Acorn Wealth Advisors LLC grew its position in Procter & Gamble by 4.5% in the third quarter. Acorn Wealth Advisors LLC now owns 4,028 shares of the company’s stock valued at $619,000 after acquiring an additional 173 shares in the last quarter. PFG Investments LLC raised its stake in shares of Procter & Gamble by 1.6% during the third quarter. PFG Investments LLC now owns 54,237 shares of the company’s stock valued at $8,334,000 after purchasing an additional 870 shares during the period. Symphony Financial Ltd. Co. lifted its position in shares of Procter & Gamble by 1.9% during the third quarter. Symphony Financial Ltd. Co. now owns 13,771 shares of the company’s stock worth $2,116,000 after purchasing an additional 257 shares in the last quarter. Finally, Inlet Private Wealth LLC boosted its stake in shares of Procter & Gamble by 1.6% in the third quarter. Inlet Private Wealth LLC now owns 11,265 shares of the company’s stock valued at $1,731,000 after purchasing an additional 172 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PG shares. JPMorgan Chase & Co. raised shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $157.00 to $165.00 in a research note on Friday. Piper Sandler initiated coverage on Procter & Gamble in a research report on Wednesday, January 7th. They set a “neutral” rating and a $150.00 target price on the stock. UBS Group increased their price target on Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a report on Friday. Wells Fargo & Company lifted their price objective on Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Raymond James Financial reduced their target price on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Fourteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $166.70.

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Procter & Gamble Trading Up 0.2%

NYSE:PG opened at $150.19 on Friday. The company has a market cap of $350.95 billion, a PE ratio of 22.25, a P/E/G ratio of 5.07 and a beta of 0.39. The business’s 50 day moving average is $144.72 and its two-hundred day moving average is $150.54. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.48. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $179.99.

Procter & Gamble (NYSE:PGGet Free Report) last posted its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.10% and a net margin of 19.30%.The business had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period in the prior year, the company posted $1.88 EPS. The business’s revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be issued a $1.0568 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s payout ratio is 62.67%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of the firm’s 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 transaction, the chief accounting officer owned 979 shares of the company’s stock, valued at $146,429.03. This trade represents a 42.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by corporate insiders.

Procter & Gamble Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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