Procter & Gamble Company (The) $PG Shares Bought by Cornell Pochily Investment Advisors Inc.

Cornell Pochily Investment Advisors Inc. grew its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 29,201 shares of the company’s stock after buying an additional 1,303 shares during the period. Procter & Gamble comprises approximately 1.5% of Cornell Pochily Investment Advisors Inc.’s holdings, making the stock its 15th biggest position. Cornell Pochily Investment Advisors Inc.’s holdings in Procter & Gamble were worth $4,652,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Brighton Jones LLC raised its holdings in shares of Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after acquiring an additional 13,617 shares during the period. Taylor Financial Group Inc. raised its holdings in shares of Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after acquiring an additional 277 shares during the period. Lifestyle Asset Management Inc. purchased a new position in shares of Procter & Gamble during the 1st quarter worth $201,000. Channel Wealth LLC raised its holdings in shares of Procter & Gamble by 12.3% during the 1st quarter. Channel Wealth LLC now owns 16,170 shares of the company’s stock worth $2,756,000 after acquiring an additional 1,777 shares during the period. Finally, Beacon Financial Group raised its holdings in shares of Procter & Gamble by 1.0% during the 1st quarter. Beacon Financial Group now owns 9,399 shares of the company’s stock worth $1,602,000 after acquiring an additional 94 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Down 0.7%

Shares of NYSE:PG opened at $152.06 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The firm has a market capitalization of $355.90 billion, a PE ratio of 23.36, a price-to-earnings-growth ratio of 4.04 and a beta of 0.36. The firm’s 50-day moving average is $155.63 and its two-hundred day moving average is $160.17. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43.

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

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is 64.82%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Sundar G. Raman sold 9,554 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the sale, the chief executive officer directly owned 41,886 shares in the company, valued at $6,624,689.76. This represents a 18.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the sale, the chief executive officer owned 34,978 shares in the company, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. UBS Group set a $180.00 price target on Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. Wells Fargo & Company reduced their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Berenberg Bank boosted their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, BNP Paribas Exane decreased their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $173.11.

Procter & Gamble 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.