LifeWealth Investments LLC Has $1.27 Million Stock Position in Procter & Gamble Company (The) $PG

LifeWealth Investments LLC boosted its stake in Procter & Gamble Company (The) (NYSE:PG) by 17.6% during the second quarter, Holdings Channel reports. The institutional investor owned 7,974 shares of the company’s stock after buying an additional 1,195 shares during the period. LifeWealth Investments LLC’s holdings in Procter & Gamble were worth $1,270,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in Procter & Gamble in the 1st quarter valued at about $26,000. Signature Resources Capital Management LLC grew its position in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares in the last quarter. Quarry LP acquired a new position in shares of Procter & Gamble during the 1st quarter worth approximately $33,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Procter & Gamble during the 2nd quarter worth approximately $34,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Procter & Gamble during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity

In other news, CEO Gary A. Coombe sold 10,194 shares of the firm’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the transaction, the chief executive officer owned 34,978 shares of the company’s stock, valued at approximately $5,532,120.48. This trade represents a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andre Schulten sold 11,638 shares of the firm’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares of the company’s stock, valued at $8,279,007.34. The trade was a 18.11% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Barclays decreased their target price on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 1st. BNP Paribas Exane decreased their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Raymond James Financial decreased their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday. Bank of America cut their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $171.68.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $152.12 on Thursday. The company has a market cap of $356.03 billion, a price-to-earnings ratio of 23.37, a PEG ratio of 4.02 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The firm has a 50 day simple moving average of $154.73 and a 200 day simple moving average of $158.50. Procter & Gamble Company has a one year low of $146.96 and a one year high of $180.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be paid a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.98%.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.