Kovitz Investment Group Partners LLC Buys 7,841 Shares of Procter & Gamble Company (The) $PG

Kovitz Investment Group Partners LLC lifted its stake in Procter & Gamble Company (The) (NYSE:PG) by 4.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 186,710 shares of the company’s stock after buying an additional 7,841 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Procter & Gamble were worth $28,688,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PG. WP Advisors LLC boosted its position in shares of Procter & Gamble by 4.9% in the second quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock worth $224,000 after purchasing an additional 66 shares during the period. Emprise Bank lifted its stake in shares of Procter & Gamble by 2.5% during the 3rd quarter. Emprise Bank now owns 2,766 shares of the company’s stock valued at $425,000 after buying an additional 68 shares in the last quarter. Affiance Financial LLC boosted its holdings in Procter & Gamble by 2.5% in the 3rd quarter. Affiance Financial LLC now owns 2,803 shares of the company’s stock worth $431,000 after buying an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC increased its stake in Procter & Gamble by 12.9% in the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 621 shares of the company’s stock worth $99,000 after buying an additional 71 shares in the last quarter. Finally, Dominguez Wealth Management Solutions Inc. raised its holdings in Procter & Gamble by 0.3% during the third quarter. Dominguez Wealth Management Solutions Inc. now owns 20,464 shares of the company’s stock valued at $3,144,000 after acquiring an additional 71 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Up 1.4%

Shares of NYSE PG opened at $160.77 on Monday. The stock has a market capitalization of $373.62 billion, a price-to-earnings ratio of 23.82, a P/E/G ratio of 5.34 and a beta of 0.38. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The firm’s 50-day moving average price is $149.02 and its 200-day moving average price is $150.68.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.02. The company had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, January 23rd. Procter & Gamble’s payout ratio is presently 62.67%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Marc S. Pritchard sold 95,903 shares of the stock in a transaction 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 sale, the insider owned 182,607 shares of the company’s stock, valued at approximately $27,601,048.05. This represents a 34.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Jon R. Moeller sold 162,232 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the completion of the sale, the chairman owned 319,385 shares of the company’s stock, valued at $51,884,093.25. This trade represents a 33.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 341,260 shares of company stock valued at $54,256,985. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Wells Fargo & Company reiterated an “overweight” rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Tuesday, February 17th. Erste Group Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a report on Monday, December 8th. Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Finally, TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and boosted their price target for the stock from $150.00 to $156.00 in a research note on Tuesday, January 27th. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus price target of $168.33.

About Procter & Gamble

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.