J.W. Cole Advisors Inc. Has $22.53 Million Stock Position in Procter & Gamble Company (The) $PG

J.W. Cole Advisors Inc. raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 51.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 141,380 shares of the company’s stock after buying an additional 48,295 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Procter & Gamble were worth $22,525,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. MOKAN Wealth Management Inc. grew its position in Procter & Gamble by 13.7% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock valued at $2,442,000 after purchasing an additional 1,846 shares during the period. Benjamin Edwards Inc. lifted its stake in shares of Procter & Gamble by 120.7% in the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock valued at $62,098,000 after buying an additional 199,258 shares in the last quarter. Caliber Wealth Management LLC KS grew its holdings in shares of Procter & Gamble by 36.2% during the second quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock valued at $2,836,000 after buying an additional 4,730 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Procter & Gamble during the second quarter worth about $34,684,000. Finally, First Citizens Bank & Trust Co. raised its holdings in shares of Procter & Gamble by 12.8% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 156,874 shares of the company’s stock worth $24,993,000 after acquiring an additional 17,836 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, COO Shailesh Jejurikar sold 3,986 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $606,788.78. Following the sale, the chief operating officer owned 46,899 shares in the company, valued at $7,139,434.77. This trade represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Matthew W. Janzaruk sold 725 shares of the business’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 value of $108,438.25. Following the completion of the sale, the chief accounting officer owned 979 shares of the company’s stock, valued at $146,429.03. The trade was a 42.55% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 31,308 shares of company stock worth $4,768,692 in the last three months. 0.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on the company. Morgan Stanley set a $175.00 price objective on Procter & Gamble in a report on Monday, October 27th. Bank of America decreased their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Wells Fargo & Company dropped their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Dbs Bank raised shares of Procter & Gamble to a “moderate buy” rating in a report on Tuesday, October 28th. Finally, Raymond James Financial lowered their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Twelve equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Procter & Gamble Price Performance

NYSE PG opened at $146.85 on Tuesday. 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 company has a market cap of $343.15 billion, a PE ratio of 21.44, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 52 week low of $144.09 and a 52 week high of $180.43. The firm’s 50-day simple moving average is $150.55 and its two-hundred day simple moving average is $156.03.

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

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is 61.61%.

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.