CBIZ Investment Advisory Services LLC Acquires 260 Shares of Procter & Gamble Company (The) $PG

CBIZ Investment Advisory Services LLC boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 265.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 358 shares of the company’s stock after buying an additional 260 shares during the quarter. CBIZ Investment Advisory Services LLC’s holdings in Procter & Gamble were worth $61,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble in the first quarter worth approximately $26,000. Capital A Wealth Management LLC purchased a new position in shares of Procter & Gamble in the fourth quarter worth $31,000. Quarry LP purchased a new position in shares of Procter & Gamble in the first quarter worth $33,000. 10Elms LLP purchased a new stake in Procter & Gamble during the fourth quarter valued at $34,000. Finally, Sunbeam Capital Management LLC purchased a new stake in Procter & Gamble during the fourth quarter valued at $34,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Trading Up 0.8%

PG stock opened at $158.63 on Friday. The company has a market capitalization of $371.27 billion, a PE ratio of 24.37, a P/E/G ratio of 4.15 and a beta of 0.36. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The firm’s 50-day moving average is $156.26 and its 200 day moving average is $162.00. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm’s revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.82%.

Insider Buying and Selling

In other Procter & Gamble news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares in the company, valued at $8,279,007.34. This represents a 18.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the transaction, the chief executive officer owned 319,375 shares in the company, valued at approximately $50,228,106.25. The trade was a 11.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 over the last ninety days. 0.20% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. BNP Paribas reaffirmed an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the company a “buy” rating in a research note on Wednesday, July 30th. Wells Fargo & Company reduced their target price on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 30th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $170.00 target price (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, Evercore ISI reissued an “in-line” rating and issued a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $175.12.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.