NewEdge Wealth LLC Purchases 14,857 Shares of Procter & Gamble Company (The) $PG

NewEdge Wealth LLC lifted its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 19.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 89,876 shares of the company’s stock after purchasing an additional 14,857 shares during the period. NewEdge Wealth LLC’s holdings in Procter & Gamble were worth $12,880,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its position in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. increased its holdings in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Procter & Gamble by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock worth $979,000 after purchasing an additional 1,016 shares during the last quarter. Auxano Advisors LLC raised its stake in shares of Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after purchasing an additional 714 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in shares of Procter & Gamble by 2.8% in the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock valued at $4,809,000 after purchasing an additional 809 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.29, for a total value of $917,194.21. Following the sale, the chief executive officer owned 1,029 shares of the company’s stock, valued at approximately $170,083.41. The trade was a 84.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the transaction, the insider directly owned 44,735 shares of the company’s stock, valued at $7,259,595.80. This represents a 25.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 244,715 shares of company stock valued at $39,702,904 in the last three months. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Stock Performance

Shares of PG opened at $146.44 on Friday. The stock has a 50 day moving average of $148.41 and a 200 day moving average of $148.55. The company has a market capitalization of $341.00 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 6.28 and a beta of 0.41. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $170.99. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PGGet Free Report) last posted its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the previous year, the firm earned $1.54 earnings per share. The business’s revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date is Friday, April 24th. Procter & Gamble’s dividend payout ratio is 63.60%.

Procter & Gamble News Summary

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on PG shares. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Wells Fargo & Company raised their price objective on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Bank of America cut their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a research report on Monday, April 27th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Read Our Latest 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.

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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