Tempo Wealth LLC Invests $1.26 Million in Procter & Gamble Company (The) $PG

Tempo Wealth LLC acquired a new stake in shares of Procter & Gamble Company (The) (NYSE:PG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 8,787 shares of the company’s stock, valued at approximately $1,259,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PG. Thryve Wealth Management LLC purchased a new stake in Procter & Gamble during the 4th quarter valued at $228,000. MidFirst Bank purchased a new position in shares of Procter & Gamble in the 4th quarter worth $2,069,000. DGS Capital Management LLC grew its holdings in shares of Procter & Gamble by 22.8% in the fourth quarter. DGS Capital Management LLC now owns 2,946 shares of the company’s stock worth $422,000 after acquiring an additional 547 shares during the period. Astoria Portfolio Advisors LLC. bought a new stake in shares of Procter & Gamble in the fourth quarter worth $292,000. Finally, SG Trading Solutions LLC purchased a new stake in Procter & Gamble during the fourth quarter valued at $1,829,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

PG stock opened at $150.85 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The company’s fifty day moving average price is $145.43 and its 200-day moving average price is $147.80. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The company has a market capitalization of $351.26 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 6.54 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its 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. The company had revenue of $21.23 billion during the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. Procter & Gamble’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the company posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a dividend of $1.0885 per share. The ex-dividend date was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Analysts Set New Price Targets

A number of research analysts have weighed in on PG shares. Morgan Stanley dropped their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Raymond James Financial reduced their price target on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. Evercore set a $162.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. Bank of America cut their target price on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Finally, Jefferies Financial Group reduced their target price on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a report on Monday, April 20th. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $160.78.

About Procter & Gamble

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.