Beirne Wealth Consulting Services LLC Takes $545,000 Position in Procter & Gamble Company (The) $PG

Beirne Wealth Consulting Services LLC acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,547 shares of the company’s stock, valued at approximately $545,000.

Several other institutional investors and hedge funds also recently bought and sold shares of PG. Halbert Hargrove Global Advisors LLC acquired a new position in Procter & Gamble in the third quarter valued at approximately $25,000. Corundum Trust Company INC purchased a new stake in Procter & Gamble in the third quarter valued at $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at $34,000. Marquette Asset Management LLC purchased a new position in shares of Procter & Gamble during the 3rd quarter worth $37,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Procter & Gamble during the 3rd quarter worth about $44,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Raymond James Financial decreased their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. TD Cowen lowered Procter & Gamble from a “buy” rating to a “hold” rating and raised their price target for the stock from $150.00 to $156.00 in a research report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $157.00 to $165.00 in a report on Friday, January 23rd. Thirteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $167.67.

Insider Activity at Procter & Gamble

In related news, insider Balaji Purushothaman sold 12,827 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the completion of the transaction, the insider owned 12,639 shares in the company, valued at approximately $2,026,158.09. The trade was a 50.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Marc S. Pritchard sold 95,903 shares of the firm’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the sale, the insider owned 182,607 shares in the company, valued at approximately $27,601,048.05. This represents a 34.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 326,091 shares of company stock worth $51,795,360 over the last ninety days. 0.20% of the stock is currently owned by insiders.

Procter & Gamble Stock Down 0.7%

Shares of NYSE PG opened at $160.11 on Tuesday. The stock has a market cap of $372.09 billion, a P/E ratio of 23.72, a PEG ratio of 5.32 and a beta of 0.38. The business’s fifty day simple moving average is $147.57 and its 200-day simple moving average is $150.47. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last released its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.86 by $0.02. The firm had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.Procter & Gamble’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be paid a $1.0568 dividend. The ex-dividend date is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble’s payout ratio is currently 62.67%.

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.