Procter & Gamble Company (The) $PG Position Boosted by Vest Financial LLC

Vest Financial LLC increased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 7.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 394,150 shares of the company’s stock after purchasing an additional 26,402 shares during the quarter. Procter & Gamble accounts for 0.8% of Vest Financial LLC’s holdings, making the stock its 27th biggest position. Vest Financial LLC’s holdings in Procter & Gamble were worth $60,561,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in PG. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Procter & Gamble during the 3rd quarter worth $25,000. Signature Resources Capital Management LLC raised its holdings in Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after buying an additional 72 shares during the period. Corundum Trust Company INC acquired a new position in shares of Procter & Gamble in the third quarter worth about $32,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the second quarter valued at approximately $34,000. Finally, RMG Wealth Management LLC acquired a new position in Procter & Gamble in the 2nd quarter worth approximately $37,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Up 1.7%

Shares of PG stock opened at $146.96 on Wednesday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $179.99. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The stock’s 50 day simple moving average is $144.67 and its 200 day simple moving average is $150.70. The company has a market capitalization of $343.40 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 4.89 and a beta of 0.39.

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

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors 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 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio is presently 61.75%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble 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 directly owned 979 shares of the company’s stock, valued at $146,429.03. The trade was a 42.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on PG shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. TD Cowen reduced their price target on shares of Procter & Gamble from $168.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Raymond James Financial dropped their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and lifted their target price for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. Finally, Piper Sandler assumed coverage on shares of Procter & Gamble in a research note on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 price target on the stock. Fifteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $168.36.

Procter & Gamble Profile

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.