Silver Oak Securities Incorporated Raises Stock Position in Procter & Gamble Company (The) $PG

Silver Oak Securities Incorporated increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 19.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,462 shares of the company’s stock after purchasing an additional 4,344 shares during the period. Silver Oak Securities Incorporated’s holdings in Procter & Gamble were worth $4,066,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. acquired a new stake in shares of Procter & Gamble in the first quarter valued at about $26,000. Halbert Hargrove Global Advisors LLC purchased a new position in Procter & Gamble in the 3rd quarter worth approximately $25,000. Signature Resources Capital Management LLC grew its position in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP purchased a new stake in shares of Procter & Gamble during the first quarter valued at approximately $33,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in shares of Procter & Gamble during the second quarter worth $34,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Trading Down 0.5%

Shares of NYSE PG opened at $143.33 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average price is $146.16 and its two-hundred day moving average price is $152.34. Procter & Gamble Company has a 52-week low of $138.14 and a 52-week high of $179.99. The stock has a market capitalization of $334.92 billion, a P/E ratio of 20.92, a PEG ratio of 4.83 and a beta of 0.39.

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

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were paid a dividend of $1.0568 per share. The ex-dividend date was Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.9%. Procter & Gamble’s payout ratio is presently 61.61%.

Insider Buying and Selling at Procter & Gamble

In other news, CAO Matthew W. Janzaruk sold 725 shares of the firm’s stock in a transaction dated Thursday, October 30th. The shares were 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 in the company, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on PG shares. UBS Group lowered their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research note on Monday, October 27th. JPMorgan Chase & Co. dropped their price objective on Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating on the stock in a report on Thursday, December 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $171.38.

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.