Savvy Advisors Inc. Buys 9,989 Shares of Procter & Gamble Company (The) $PG

Savvy Advisors Inc. boosted its stake in Procter & Gamble Company (The) (NYSE:PG) by 11.9% in the third quarter, HoldingsChannel reports. The firm owned 94,040 shares of the company’s stock after acquiring an additional 9,989 shares during the period. Savvy Advisors Inc.’s holdings in Procter & Gamble were worth $14,449,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Onyx Bridge Wealth Group LLC grew its position in shares of Procter & Gamble by 10.7% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 10,555 shares of the company’s stock worth $1,622,000 after buying an additional 1,021 shares during the period. Caprock Group LLC bought a new position in Procter & Gamble during the 3rd quarter worth approximately $10,775,000. ING Groep NV grew its holdings in Procter & Gamble by 1.7% during the third quarter. ING Groep NV now owns 372,737 shares of the company’s stock valued at $57,271,000 after purchasing an additional 6,058 shares during the period. Krilogy Financial LLC increased its stake in Procter & Gamble by 36.6% in the third quarter. Krilogy Financial LLC now owns 17,904 shares of the company’s stock valued at $2,610,000 after purchasing an additional 4,801 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in Procter & Gamble by 11.5% in the third quarter. Advisors Asset Management Inc. now owns 147,746 shares of the company’s stock worth $22,701,000 after purchasing an additional 15,286 shares during the period. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Shares of PG opened at $159.97 on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $179.99. The stock has a market capitalization of $371.77 billion, a P/E ratio of 23.70, a P/E/G ratio of 5.29 and a beta of 0.38. The company has a 50 day moving average of $146.48 and a 200-day moving average of $150.36.

Procter & Gamble (NYSE:PG) last released its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. During the same quarter last year, the firm earned $1.88 earnings per share. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be given a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.6%. Procter & Gamble’s dividend payout ratio is 62.67%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $157.00 to $165.00 in a report on Friday, January 23rd. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and boosted their target price for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Wells Fargo & Company lifted their price objective on Procter & Gamble from $158.00 to $165.00 and gave the company an “overweight” rating in a report on Friday, January 23rd. Finally, Morgan Stanley set a $175.00 price objective on Procter & Gamble in a research report on Monday, October 27th. Thirteen research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $167.67.

Insider Buying and Selling

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $158.00, for a total transaction of $1,264,000.00. Following the transaction, the chief executive officer owned 6,571 shares of the company’s stock, valued at $1,038,218. The trade was a 54.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Marc S. Pritchard sold 95,903 shares of the stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the sale, the insider directly owned 182,607 shares of the company’s stock, valued at approximately $27,601,048.05. The trade was a 34.43% decrease in their position. The SEC filing for this sale provides additional information. 0.20% of the stock is owned by company insiders.

Procter & Gamble Company 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.