Procter & Gamble Company (The) $PG Shares Purchased by Journey Strategic Wealth LLC

Journey Strategic Wealth LLC boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 17.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,921 shares of the company’s stock after buying an additional 4,932 shares during the quarter. Journey Strategic Wealth LLC’s holdings in Procter & Gamble were worth $5,212,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of PG. Halbert Hargrove Global Advisors LLC purchased a new position in Procter & Gamble in the 3rd quarter valued at approximately $25,000. Corundum Trust Company INC purchased a new stake in Procter & Gamble during the third quarter worth $32,000. Caitlin John LLC acquired a new stake in Procter & Gamble in the third quarter valued at $34,000. Marquette Asset Management LLC purchased a new position in shares of Procter & Gamble in the third quarter valued at $37,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Procter & Gamble during the 3rd quarter worth $40,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Key Procter & Gamble News

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on PG. Piper Sandler started coverage on shares of Procter & Gamble in a research note on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 price objective on the stock. TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and raised their price objective for the stock from $150.00 to $156.00 in a research note on Tuesday, January 27th. Rothschild & Co Redburn lifted their price objective on Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. BNP Paribas Exane lowered their target price on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $168.33.

View Our Latest Stock Analysis on PG

Procter & Gamble Price Performance

PG stock opened at $166.95 on Monday. The stock has a market capitalization of $388.00 billion, a price-to-earnings ratio of 24.73, a price-to-earnings-growth ratio of 5.59 and a beta of 0.37. 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 52-week low of $137.62 and a 52-week high of $179.99. The stock’s fifty day simple moving average is $150.95 and its 200-day simple moving average is $151.05.

Procter & Gamble (NYSE:PGGet Free Report) last released its earnings results 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. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm had revenue of $22.21 billion for the quarter, compared to the consensus estimate of $22.36 billion. During the same period in the prior year, the business posted $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. Equities research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were given a $1.0568 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.5%. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.67%.

Insider Transactions at Procter & Gamble

In other news, Chairman Jon R. Moeller sold 162,232 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were 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 directly owned 319,385 shares of the company’s stock, valued at $51,884,093.25. The trade was a 33.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Susan Street Whaley sold 1,809 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the transaction, the insider directly owned 30,215 shares in the company, valued at $4,818,083.90. This trade represents a 5.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 343,069 shares of company stock valued at $54,545,448 in the last quarter. Insiders own 0.20% of the company’s stock.

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.

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

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