Sequoia Financial Advisors LLC Has $51.54 Million Stake in Procter & Gamble Company (The) $PG

Sequoia Financial Advisors LLC increased its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 1.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 335,417 shares of the company’s stock after buying an additional 3,940 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Procter & Gamble were worth $51,537,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PG. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Procter & Gamble during the 3rd quarter worth approximately $25,000. Signature Resources Capital Management LLC boosted its stake in shares of Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares in the last quarter. Corundum Trust Company INC bought a new stake in shares of Procter & Gamble during the 3rd quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in Procter & Gamble during the 2nd quarter worth approximately $34,000. Finally, RMG Wealth Management LLC acquired a new stake in Procter & Gamble in the second quarter valued at approximately $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.1%

NYSE PG opened at $144.55 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $179.99. The business has a 50 day moving average price of $144.72 and a 200-day moving average price of $150.98. The company has a market cap of $337.77 billion, a price-to-earnings ratio of 21.10, a P/E/G ratio of 4.88 and a beta of 0.39.

Procter & Gamble (NYSE:PGGet Free Report) last posted its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating 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 business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same quarter last year, the firm posted $1.93 EPS. Procter & Gamble’s revenue 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. As a group, equities analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be paid a dividend of $1.0568 per share. The ex-dividend date is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s payout ratio is 61.75%.

Trending Headlines about Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

Insider Buying and Selling

In other news, 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 value of $108,438.25. Following the transaction, the chief accounting officer owned 979 shares in the company, valued at $146,429.03. This trade represents a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research note on Monday, October 27th. Wells Fargo & Company decreased their price target on Procter & Gamble from $170.00 to $158.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. UBS Group dropped their target price on shares of Procter & Gamble from $176.00 to $161.00 and set a “buy” rating on the stock in a report on Wednesday. TD Cowen lowered their price objective on Procter & Gamble from $168.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Fifteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $168.73.

View Our Latest Research Report on PG

Procter & Gamble Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PGFree Report).

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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