StoneRidge PMG Advisors LLC Buys 4,232 Shares of Procter & Gamble Company (The) $PG

StoneRidge PMG Advisors LLC purchased a new stake in shares of Procter & Gamble Company (The) (NYSE:PG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 4,232 shares of the company’s stock, valued at approximately $615,000.

Several other large investors have also recently bought and sold shares of the business. Missouri Trust & Investment Co boosted its stake in shares of Procter & Gamble by 3.8% during the 3rd quarter. Missouri Trust & Investment Co now owns 18,315 shares of the company’s stock valued at $2,661,000 after buying an additional 670 shares during the period. Burton Enright Welch grew its holdings in shares of Procter & Gamble by 74.1% during the 3rd quarter. Burton Enright Welch now owns 5,284 shares of the company’s stock valued at $768,000 after acquiring an additional 2,249 shares in the last quarter. Avion Wealth increased its stake in shares of Procter & Gamble by 9.9% in the third quarter. Avion Wealth now owns 1,010 shares of the company’s stock worth $146,000 after acquiring an additional 91 shares during the last quarter. University of Texas Texas AM Investment Management Co. raised its holdings in shares of Procter & Gamble by 23.4% during the third quarter. University of Texas Texas AM Investment Management Co. now owns 2,612 shares of the company’s stock worth $379,000 after acquiring an additional 496 shares in the last quarter. Finally, Family Capital Management Inc. raised its holdings in shares of Procter & Gamble by 9.0% during the third quarter. Family Capital Management Inc. now owns 1,631 shares of the company’s stock worth $237,000 after acquiring an additional 135 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

More Procter & Gamble News

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

• Positive Sentiment: P&G has raised its dividend for 70 consecutive years. Its quarterly payout is about $1.09 per share, equivalent to a roughly 2.6% yield, supporting the stock’s appeal to income-focused investors. Article: P&G dividend history and yield
• Positive Sentiment: Recent coverage points to investor interest in consumer-staples stocks as technology shares weaken. P&G may benefit from its defensive profile and dividend reputation. Article: Consumer staples rotation
• Neutral Sentiment: Zacks Research made mixed earnings-estimate changes: it lowered several forecasts for 2027 and 2028, while modestly raising some later-period estimates. The mixed revisions offer no clear overall change in the longer-term outlook. Procter & Gamble analyst estimates
• Neutral Sentiment: Management will discuss strategy and P&G’s long-term transformation at an Investor Day webcast on November 19; investors may look for updates on growth and execution. Article: P&G Investor Day webcast
• Negative Sentiment: CFO Andre Schulten sold 33,624 shares for about $5.55 million, reducing his direct stake by roughly 34%. The sale may concern investors, although insider transactions alone do not establish a change in the company’s prospects. Article: CFO share sale

Insider Activity

In other Procter & Gamble news, CAO Matthew Janzaruk sold 9,479 shares of the firm’s stock in a transaction dated Tuesday, November 3rd. The stock was 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 $207,173. This trade represents a 88.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Victor Aguilar sold 18,812 shares of the firm’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $164.43, for a total value of $3,093,257.16. Following the transaction, the insider owned 55,243 shares in the company, 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 sold 161,709 shares of company stock valued at $26,244,058. Corporate insiders own 0.23% of the company’s stock.

Procter & Gamble Stock Performance

PG stock opened at $165.31 on Monday. The firm has a 50 day moving average of $152.01 and a two-hundred day moving average of $149.43. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $170.52. The company has a market capitalization of $383.15 billion, a price-to-earnings ratio of 24.90, a P/E/G ratio of 4.07 and a beta of 0.36. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 0.40.

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

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s dividend payout ratio is presently 65.51%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on PG shares. DZ Bank cut Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 27th. TD Cowen upped their target price on Procter & Gamble from $150.00 to $166.00 and gave the stock a “hold” rating in a research report on Friday, October 23rd. Morgan Stanley raised their price target on Procter & Gamble from $166.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 23rd. Freedom Broker upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a report on Friday, October 23rd. Finally, Barclays lifted their price target on Procter & Gamble from $152.00 to $165.00 and gave the company an “equal weight” rating in a report on Monday, October 26th. Fifteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $170.57.

Procter & Gamble Profile