GPS Wealth Strategies Group LLC Cuts Position in Procter & Gamble Company (The) $PG

GPS Wealth Strategies Group LLC trimmed its position in Procter & Gamble Company (The) (NYSE:PG) by 90.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,135 shares of the company’s stock after selling 10,762 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Procter & Gamble were worth $163,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of PG. Triodos Investment Management BV boosted its stake in shares of Procter & Gamble by 7.3% in the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock valued at $39,195,000 after purchasing an additional 17,400 shares during the period. Vanguard Group Inc. boosted its stake in shares of Procter & Gamble by 0.6% in the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock valued at $36,050,992,000 after purchasing an additional 1,419,322 shares during the period. Strengthening Families & Communities LLC boosted its stake in shares of Procter & Gamble by 820.6% in the third quarter. Strengthening Families & Communities LLC now owns 14,803 shares of the company’s stock valued at $2,308,000 after purchasing an additional 13,195 shares during the period. Heritage Wealth Management Inc. boosted its stake in shares of Procter & Gamble by 32.7% in the third quarter. Heritage Wealth Management Inc. now owns 150,814 shares of the company’s stock valued at $23,173,000 after purchasing an additional 37,198 shares during the period. Finally, Gradient Investments LLC boosted its stake in shares of Procter & Gamble by 12.8% in the fourth quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after purchasing an additional 28,777 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Procter & Gamble

In related news, CEO Ma. Fatima Francisco sold 5,549 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the transaction, the chief executive officer owned 1,029 shares in the company, valued at $170,083.41. The trade was a 84.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Barclays decreased their target price on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a report on Friday, March 27th. Piper Sandler lifted their price objective on Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Royal Bank Of Canada dropped their price objective on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. Finally, BNP Paribas Exane dropped their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $161.06.

Procter & Gamble Price Performance

Shares of PG opened at $144.50 on Friday. The firm has a market cap of $336.49 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 6.15 and a beta of 0.41. The stock has a 50 day moving average of $144.93 and a 200-day moving average of $147.95. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.99.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The company had revenue of $21.24 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business’s revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.54 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 Increases Dividend

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

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.