Dakota Wealth Management Raises Position in Procter & Gamble Company (The) $PG

Dakota Wealth Management increased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 11.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,712 shares of the company’s stock after purchasing an additional 8,892 shares during the period. Dakota Wealth Management’s holdings in Procter & Gamble were worth $13,016,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC acquired a new position in Procter & Gamble during the third quarter worth $25,000. Corundum Trust Company INC purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth $32,000. Marquette Asset Management LLC acquired a new position in shares of Procter & Gamble during the 3rd quarter worth $37,000. Redmont Wealth Advisors LLC purchased a new position in shares of Procter & Gamble in the 3rd quarter valued at about $40,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Procter & Gamble in the third quarter valued at about $44,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $165.04 on Tuesday. The firm’s 50-day moving average is $149.42 and its two-hundred day moving average is $150.77. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. The stock has a market capitalization of $383.55 billion, a P/E ratio of 24.45, a P/E/G ratio of 5.34 and a beta of 0.38. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99.

Procter & Gamble (NYSE:PG) last announced its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The firm had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. Procter & Gamble’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were given a $1.0568 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.6%. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.67%.

Analyst Upgrades and Downgrades

PG has been the subject of a number of research analyst reports. Erste Group Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $156.00 to $179.00 in a report on Tuesday, December 16th. Rothschild & Co Redburn boosted their target price on Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and raised their price target for the company from $157.00 to $165.00 in a research report on Friday, January 23rd. Finally, Barclays set a $155.00 price objective on shares of Procter & Gamble in a research report on Friday, January 16th. Fourteen research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $168.33.

Insider Activity at Procter & Gamble

In other news, insider Susan Street Whaley sold 1,809 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the sale, the insider owned 30,215 shares in the company, valued at approximately $4,818,083.90. This trade represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Balaji Purushothaman sold 12,827 shares of Procter & Gamble stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the sale, the insider directly owned 12,639 shares in the company, valued at $2,026,158.09. This trade represents a 50.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 343,069 shares of company stock worth $54,545,448. 0.20% of the stock is owned by corporate insiders.

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.