Tradewinds LLC. Makes New Investment in Procter & Gamble Company (The) $PG

Tradewinds LLC. bought a new position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) during the third quarter, HoldingsChannel.com reports. The firm bought 24,861 shares of the company’s stock, valued at approximately $3,820,000.

A number of other large investors have also recently modified their holdings of PG. Halbert Hargrove Global Advisors LLC acquired a new stake in Procter & Gamble in the third quarter valued at about $25,000. Signature Resources Capital Management LLC grew its holdings in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. Corundum Trust Company INC bought a new position in Procter & Gamble in the 3rd quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. acquired a new stake in Procter & Gamble in the second quarter valued at approximately $34,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Procter & Gamble during the second quarter worth $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

PG stock opened at $144.55 on Monday. The business has a 50 day moving average of $144.72 and a 200-day moving average of $150.91. The firm has a market cap of $337.77 billion, a PE ratio of 21.10, a P/E/G ratio of 4.88 and a beta of 0.39. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. 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:PGGet Free Report) last announced its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, sell-side analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be issued a $1.0568 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is 61.75%.

Wall Street Analyst Weigh In

PG has been the subject of a number of recent research reports. TD Cowen lowered their target price on Procter & Gamble from $168.00 to $150.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research report on Monday, October 27th. Raymond James Financial decreased their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Bank of America decreased their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Finally, Barclays set a $155.00 price target on Procter & Gamble in a report on Friday. Fifteen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $168.36.

Check Out Our Latest Stock Report on PG

Procter & Gamble News Summary

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

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the completion of the transaction, the chief accounting officer owned 979 shares of the company’s stock, valued at $146,429.03. The trade was a 42.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.20% of the company’s stock.

About Procter & Gamble

(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.

Further Reading

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PGFree Report).

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

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