SageView Advisory Group LLC Grows Stock Position in Procter & Gamble Company (The) $PG

SageView Advisory Group LLC lifted its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 7.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 104,823 shares of the company’s stock after acquiring an additional 7,307 shares during the period. Procter & Gamble makes up approximately 0.6% of SageView Advisory Group LLC’s investment portfolio, making the stock its 22nd largest holding. SageView Advisory Group LLC’s holdings in Procter & Gamble were worth $16,106,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of PG. WP Advisors LLC grew its position in Procter & Gamble by 4.9% during the 2nd quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock worth $224,000 after purchasing an additional 66 shares during the last quarter. Emprise Bank raised its holdings in shares of Procter & Gamble by 2.5% in the third quarter. Emprise Bank now owns 2,766 shares of the company’s stock worth $425,000 after buying an additional 68 shares during the last quarter. Affiance Financial LLC lifted its stake in shares of Procter & Gamble by 2.5% during the third quarter. Affiance Financial LLC now owns 2,803 shares of the company’s stock worth $431,000 after buying an additional 69 shares during the period. Vermillion & White Wealth Management Group LLC grew its holdings in shares of Procter & Gamble by 12.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 621 shares of the company’s stock valued at $99,000 after buying an additional 71 shares during the last quarter. Finally, Dominguez Wealth Management Solutions Inc. increased its position in shares of Procter & Gamble by 0.3% in the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 20,464 shares of the company’s stock valued at $3,144,000 after acquiring an additional 71 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble News Roundup

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

Insiders Place Their Bets

In other Procter & Gamble news, insider Balaji Purushothaman sold 12,827 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the transaction, the insider owned 12,639 shares in the company, valued at approximately $2,026,158.09. This represents a 50.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 36,093 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $162.33, for a total value of $5,858,976.69. Following the completion of the sale, the chief executive officer directly owned 34,994 shares in the company, valued at approximately $5,680,576.02. The trade was a 50.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 348,618 shares of company stock valued at $55,462,643. Insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

PG has been the topic of several research analyst reports. TD Cowen downgraded Procter & Gamble from a “buy” rating to a “hold” rating and boosted their price target for the company from $150.00 to $156.00 in a research note on Tuesday, January 27th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $177.00 target price on shares of Procter & Gamble in a report on Tuesday, February 17th. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft cut their price target on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a report on Monday, December 8th. Finally, Barclays set a $155.00 price objective on shares of Procter & Gamble in a research note on Friday, January 16th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $168.33.

Get Our Latest Analysis on Procter & Gamble

Procter & Gamble Trading Up 0.5%

Shares of NYSE:PG opened at $155.98 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $175.99. The business has a 50 day moving average of $152.80 and a two-hundred day moving average of $151.06. The company has a market capitalization of $362.50 billion, a PE ratio of 23.11, a PEG ratio of 5.19 and a beta of 0.37.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 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 analysts’ expectations of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the company earned $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble’s payout ratio is presently 62.52%.

Procter & Gamble Company 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.

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

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