Procter & Gamble Company (The) $PG Stake Increased by SS&H Financial Advisors Inc.

SS&H Financial Advisors Inc. boosted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 50.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 66,161 shares of the company’s stock after purchasing an additional 22,077 shares during the period. Procter & Gamble makes up about 3.5% of SS&H Financial Advisors Inc.’s holdings, making the stock its 5th biggest holding. SS&H Financial Advisors Inc.’s holdings in Procter & Gamble were worth $10,541,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Nova Wealth Management Inc. purchased a new stake in Procter & Gamble during the 1st quarter valued at about $26,000. Signature Resources Capital Management LLC lifted its stake in Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares during the period. Quarry LP bought a new position in Procter & Gamble during the 1st quarter valued at about $33,000. Mid American Wealth Advisory Group Inc. bought a new position in Procter & Gamble during the 2nd quarter valued at about $34,000. Finally, RMG Wealth Management LLC bought a new position in Procter & Gamble during the 2nd quarter valued at about $37,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 490 shares of the firm’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $74,592.70. Following the sale, the insider owned 12,616 shares in the company, valued at approximately $1,920,533.68. This trade represents a 3.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Matthew W. Janzaruk sold 725 shares of the firm’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the sale, the chief accounting officer owned 979 shares in the company, valued at approximately $146,429.03. The trade was a 42.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 150,488 shares of company stock worth $23,529,718 in the last 90 days. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Bank of America lowered their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. BNP Paribas Exane lowered 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 note on Tuesday, September 23rd. BNP Paribas restated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Berenberg Bank upped their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Finally, Wells Fargo & Company lowered their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Twelve investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $150.70 on Friday. The firm’s 50 day moving average price is $153.89 and its 200-day moving average price is $157.83. Procter & Gamble Company has a twelve month low of $146.96 and a twelve month high of $180.43. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $352.14 billion, a PE ratio of 22.00, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter in the prior year, the business earned $1.93 EPS. The business’s quarterly revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be paid a dividend of $1.0568 per share. The ex-dividend date is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.75%.

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.