World Investment Advisors Buys 6,707 Shares of Procter & Gamble Company (The) $PG

World Investment Advisors lifted its stake in Procter & Gamble Company (The) (NYSE:PG) by 7.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 91,423 shares of the company’s stock after purchasing an additional 6,707 shares during the quarter. World Investment Advisors’ holdings in Procter & Gamble were worth $14,047,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Tritonpoint Wealth LLC boosted its stake in Procter & Gamble by 0.4% during the third quarter. Tritonpoint Wealth LLC now owns 31,911 shares of the company’s stock worth $4,903,000 after buying an additional 134 shares during the period. Triangle Securities Wealth Management lifted its holdings in shares of Procter & Gamble by 10.1% in the 3rd quarter. Triangle Securities Wealth Management now owns 15,166 shares of the company’s stock worth $2,330,000 after acquiring an additional 1,386 shares during the last quarter. Level Financial Advisors boosted its stake in shares of Procter & Gamble by 0.5% during the 3rd quarter. Level Financial Advisors now owns 36,663 shares of the company’s stock worth $5,633,000 after purchasing an additional 191 shares during the period. Symmetry Partners LLC grew its holdings in Procter & Gamble by 28.6% during the 3rd quarter. Symmetry Partners LLC now owns 8,868 shares of the company’s stock valued at $1,363,000 after purchasing an additional 1,974 shares during the last quarter. Finally, Global X Japan Co. Ltd. lifted its stake in Procter & Gamble by 8.5% in the third quarter. Global X Japan Co. Ltd. now owns 3,864 shares of the company’s stock worth $594,000 after purchasing an additional 303 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Dbs Bank raised Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. Berenberg Bank upped their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Barclays decreased their target price on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a research report on Monday, December 8th. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a report on Monday. Finally, Raymond James Financial reduced their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $171.38.

Insider Activity

In related news, CFO Andre Schulten sold 4,252 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $647,281.96. Following the transaction, the chief financial officer directly owned 53,992 shares of the company’s stock, valued at $8,219,202.16. This trade represents a 7.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jennifer L. Davis sold 3,227 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $491,246.21. Following the sale, the chief executive officer owned 61,764 shares of the company’s stock, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 30,308 shares of company stock valued at $4,611,852. 0.20% of the stock is currently owned by corporate insiders.

Procter & Gamble Price Performance

Shares of PG stock opened at $144.53 on Thursday. Procter & Gamble Company has a twelve month low of $138.14 and a twelve month high of $179.99. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock has a fifty day simple moving average of $147.04 and a two-hundred day simple moving average of $153.03. The stock has a market capitalization of $337.72 billion, a price-to-earnings ratio of 21.10, a P/E/G ratio of 4.82 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same period in the previous year, the company posted $1.93 earnings per share. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio is presently 61.75%.

Procter & Gamble 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.