Stablepoint Partners LLC Purchases 3,457 Shares of Procter & Gamble Company (The) $PG

Stablepoint Partners LLC grew its position in Procter & Gamble Company (The) (NYSE:PG) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 45,842 shares of the company’s stock after purchasing an additional 3,457 shares during the period. Procter & Gamble comprises about 1.1% of Stablepoint Partners LLC’s portfolio, making the stock its 20th largest position. Stablepoint Partners LLC’s holdings in Procter & Gamble were worth $7,044,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in PG. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Procter & Gamble in the third quarter worth about $25,000. Corundum Trust Company INC acquired a new position in shares of Procter & Gamble in the 3rd quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. bought a new stake in Procter & Gamble during the 2nd quarter worth approximately $34,000. RMG Wealth Management LLC acquired a new stake in Procter & Gamble during the 2nd quarter worth approximately $37,000. Finally, Marquette Asset Management LLC bought a new position in Procter & Gamble in the third quarter valued at approximately $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PG. Raymond James Financial dropped their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. TD Cowen cut Procter & Gamble from a “buy” rating to a “hold” rating and boosted their target price for the company from $150.00 to $156.00 in a research note on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Rothschild & Co Redburn boosted their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $167.00.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $149.64 on Tuesday. The stock has a 50 day moving average of $144.80 and a 200-day moving average of $150.43. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $349.67 billion, a P/E ratio of 22.17, a P/E/G ratio of 5.08 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.

Procter & Gamble (NYSE:PG) last posted its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. The company had revenue of $22.21 billion for the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a return on equity of 32.10% 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 quarter in the prior year, the business earned $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s payout ratio is 62.67%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of the firm’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total value of $108,438.25. Following the sale, the chief accounting officer owned 979 shares of the company’s stock, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Marc S. Pritchard sold 95,903 shares of the firm’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the completion of the sale, the insider owned 182,607 shares in the company, valued at approximately $27,601,048.05. The trade was a 34.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 96,629 shares of company stock valued at $14,604,323 over the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Company 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.