Trajan Wealth LLC Has $18.96 Million Stake in Procter & Gamble Company (The) $PG

Trajan Wealth LLC raised its position in Procter & Gamble Company (The) (NYSE:PGFree Report) by 4.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,414 shares of the company’s stock after acquiring an additional 4,768 shares during the quarter. Trajan Wealth LLC’s holdings in Procter & Gamble were worth $18,963,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC acquired a new position in Procter & Gamble during the third quarter worth approximately $25,000. Corundum Trust Company INC acquired a new position in shares of Procter & Gamble during the 3rd quarter worth approximately $32,000. Marquette Asset Management LLC bought a new stake in Procter & Gamble in the 3rd quarter valued at $37,000. Redmont Wealth Advisors LLC acquired a new stake in Procter & Gamble during the 3rd quarter valued at $40,000. Finally, Manning & Napier Advisors LLC bought a new position in Procter & Gamble during the third quarter worth $44,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 15,169 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the completion of the transaction, the insider owned 44,735 shares of the company’s stock, valued at approximately $7,259,595.80. The trade was a 25.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gary A. Coombe sold 36,093 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $162.33, for a total value of $5,858,976.69. Following the sale, the chief executive officer owned 34,994 shares of the company’s stock, valued at approximately $5,680,576.02. This represents a 50.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 341,260 shares of company stock worth $54,256,985 in the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Up 1.4%

NYSE PG opened at $160.77 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The company has a market cap of $373.62 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 5.34 and a beta of 0.38. The company has a 50 day moving average of $149.02 and a 200-day moving average of $150.68. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $179.99.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The business 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 32.21% and a net margin of 19.30%.The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 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 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were given a $1.0568 dividend. The ex-dividend date was Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.6%. Procter & Gamble’s payout ratio is presently 62.67%.

Analyst Ratings Changes

PG has been the topic of several research analyst reports. Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research report on Monday, December 8th. Erste Group Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Barclays set a $155.00 target price on Procter & Gamble in a research note on Friday, January 16th. Finally, JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $157.00 to $165.00 in a research note on Friday, January 23rd. Fourteen analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $168.33.

View Our Latest Research Report on PG

Procter & Gamble 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.

See Also

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

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