6,213 Shares in Procter & Gamble Company (The) $PG Bought by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management purchased a new position in Procter & Gamble Company (The) (NYSE:PG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,213 shares of the company’s stock, valued at approximately $890,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Wilian Securities LLC purchased a new position in Procter & Gamble during the fourth quarter valued at $349,000. Axxcess Wealth Management LLC lifted its position in Procter & Gamble by 525.5% during the fourth quarter. Axxcess Wealth Management LLC now owns 579,280 shares of the company’s stock valued at $83,016,000 after buying an additional 486,676 shares during the period. Texas Bank & Trust Co lifted its position in Procter & Gamble by 1.0% during the fourth quarter. Texas Bank & Trust Co now owns 29,112 shares of the company’s stock valued at $4,172,000 after buying an additional 300 shares during the period. Cvfg LLC lifted its position in Procter & Gamble by 2.7% during the fourth quarter. Cvfg LLC now owns 4,158 shares of the company’s stock valued at $596,000 after buying an additional 109 shares during the period. Finally, Diamant Asset Management Inc. lifted its position in Procter & Gamble by 14.0% during the fourth quarter. Diamant Asset Management Inc. now owns 8,531 shares of the company’s stock valued at $1,223,000 after buying an additional 1,049 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling

In related news, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $165.29, for a total value of $917,194.21. Following the completion of the sale, the chief executive officer directly owned 1,029 shares in the company, valued at approximately $170,083.41. This trade represents a 84.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Jefferies Financial Group lowered their price objective on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Rothschild & Co Redburn lowered their price objective on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Finally, The Goldman Sachs Group lowered their price objective on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $143.40 on Friday. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $170.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The business has a fifty day moving average price of $145.11 and a 200-day moving average price of $147.97. The company has a market capitalization of $333.93 billion, a PE ratio of 20.97, a PEG ratio of 6.11 and a beta of 0.41.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating 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 firm had revenue of $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. During the same period last year, the company earned $1.54 earnings per share. The company’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, equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio is 63.60%.

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.