19,712 Procter & Gamble Company (The) $PG Shares Acquired by Wealth Dimensions Group Ltd.

Wealth Dimensions Group Ltd. increased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 9.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 223,638 shares of the company’s stock after acquiring an additional 19,712 shares during the quarter. Procter & Gamble makes up about 5.5% of Wealth Dimensions Group Ltd.’s holdings, making the stock its 5th biggest position. Wealth Dimensions Group Ltd.’s holdings in Procter & Gamble were worth $32,490,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PG. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the second quarter valued at about $26,000. Montgomery Financial Services LLC acquired a new stake in shares of Procter & Gamble during the second quarter worth about $28,000. Paladin Partners LLC purchased a new position in shares of Procter & Gamble during the second quarter worth about $29,000. Toews Corp ADV purchased a new position in shares of Procter & Gamble during the second quarter worth about $37,000. Finally, Evergreen Advisors LLC purchased a new position in shares of Procter & Gamble during the first quarter worth about $37,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble News Summary

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Following the midterm elections, investors have favored established dividend payers such as P&G. The company’s recent quarter showed resilience: earnings and revenue topped consensus estimates, while sales grew 4% year over year. Article: Dividend Kings reach 52-week highs
• Positive Sentiment: P&G’s pricing power and strong brand loyalty may help it preserve sales and dividend purchasing power while inflation remains above 3%. It has raised its dividend for 70 consecutive years, reinforcing its appeal to income-focused investors. Article: Dividend stocks with pricing power
• Neutral Sentiment: P&G closed a €3.25 billion euro-note offering. The financing raises capital, but also entails debt obligations; the report did not detail how proceeds will be used. Article: Euro note offering
• Negative Sentiment: Rising costs and value-conscious shoppers could pressure growth in P&G’s premium brands, even as innovation and customer loyalty remain strengths. Article: Premium brands in a value-seeking market
• Negative Sentiment: Multiple insiders, including executives and the chief accounting officer, recently reported share sales. These transactions may concern investors, though sales alone do not necessarily signal a negative view of the company. Article: CEO share sale

Wall Street Analyst Weigh In

PG has been the subject of several analyst reports. TD Cowen upped their price objective on Procter & Gamble from $150.00 to $166.00 and gave the company a “hold” rating in a research note on Friday, October 23rd. BNP Paribas Exane increased their price objective on Procter & Gamble from $177.00 to $189.00 and gave the stock an “outperform” rating in a research report on Friday, October 23rd. JPMorgan Chase & Co. lifted their target price on Procter & Gamble from $162.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. Argus lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada set a $169.00 target price on Procter & Gamble in a report on Friday, October 23rd. Fifteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $170.57.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $167.37 on Thursday. Procter & Gamble Company has a one year low of $137.62 and a one year high of $168.17. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.53 and a current ratio of 0.72. The business has a fifty day moving average of $151.12 and a two-hundred day moving average of $149.23. The company has a market cap of $387.93 billion, a P/E ratio of 25.21, a price-to-earnings-growth ratio of 3.98 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The company had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same period in the previous year, the firm earned $1.99 EPS. The business’s revenue was up 4.0% on a year-over-year basis. As a group, analysts predict that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be paid a $1.0885 dividend. The ex-dividend date is Friday, October 23rd. This represents a $4.35 annualized dividend and a dividend yield of 2.6%. Procter & Gamble’s dividend payout ratio (DPR) is 65.51%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 9,479 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $163.00, for a total transaction of $1,545,077.00. Following the transaction, the chief accounting officer directly owned 1,271 shares in the company, valued at approximately $207,173. This represents a 88.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Victor Aguilar sold 18,812 shares of the stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $164.43, for a total transaction of $3,093,257.16. Following the completion of the transaction, the insider directly owned 55,243 shares of the company’s stock, valued at approximately $9,083,606.49. This trade represents a 25.40% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 128,085 shares of company stock valued at $20,696,098. 0.23% of the stock is owned by company insiders.

About Procter & Gamble

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.