Walkner Condon Financial Advisors LLC Grows Stock Position in Procter & Gamble Company (The) $PG

Walkner Condon Financial Advisors LLC raised its position in Procter & Gamble Company (The) (NYSE:PG) by 10.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,426 shares of the company’s stock after acquiring an additional 408 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in Procter & Gamble were worth $705,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in Procter & Gamble in the first quarter valued at approximately $26,000. Signature Resources Capital Management LLC grew its position in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares during the last quarter. Quarry LP acquired a new position in shares of Procter & Gamble in the 1st quarter valued at $33,000. Mid American Wealth Advisory Group Inc. acquired a new stake in Procter & Gamble during the 2nd quarter worth $34,000. Finally, RMG Wealth Management LLC purchased a new position in Procter & Gamble during the 2nd quarter worth $37,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

PG has been the topic of a number of research reports. Morgan Stanley set a $175.00 price target on Procter & Gamble in a report on Monday, October 27th. Barclays dropped their target price on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 1st. Berenberg Bank increased their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Bank of America dropped their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. raised their target price on shares of Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a research note on Monday, October 27th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $171.53.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CFO Andre Schulten sold 11,638 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares in the company, valued at approximately $8,279,007.34. This represents a 18.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jon R. Moeller sold 40,119 shares of the business’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $6,309,515.13. Following the completion of the transaction, the chief executive officer owned 319,375 shares of the company’s stock, valued at $50,228,106.25. This trade represents a 11.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 150,488 shares of company stock worth $23,529,718 in the last ninety days. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Up 0.6%

NYSE:PG opened at $147.03 on Friday. The company has a market capitalization of $343.57 billion, a PE ratio of 21.44, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $144.46 and a 52-week high of $180.43. The stock has a fifty day simple moving average of $153.13 and a 200-day simple moving average of $157.29. 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 (NYSE:PG) last announced its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The company had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter in the previous year, the business posted $1.93 earnings per share. The firm’s quarterly 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. On average, equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be paid a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.61%.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.