Buck Wealth Strategies LLC lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 19.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,654 shares of the company’s stock after acquiring an additional 12,961 shares during the quarter. Buck Wealth Strategies LLC’s holdings in Procter & Gamble were worth $11,272,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of the company. Lighthouse Financial Services Inc. ADV purchased a new stake in shares of Procter & Gamble during the 4th quarter worth approximately $2,884,000. Chesapeake Wealth Management boosted its stake in shares of Procter & Gamble by 2.6% during the 4th quarter. Chesapeake Wealth Management now owns 15,184 shares of the company’s stock worth $2,176,000 after acquiring an additional 385 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Procter & Gamble in the 4th quarter valued at approximately $93,000. GRIMES & Co WEALTH MANAGEMENT LLC lifted its stake in Procter & Gamble by 0.9% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 35,183 shares of the company’s stock valued at $5,042,000 after buying an additional 308 shares in the last quarter. Finally, Anfield Capital Management LLC lifted its stake in Procter & Gamble by 121.5% in the 4th quarter. Anfield Capital Management LLC now owns 237 shares of the company’s stock valued at $34,000 after buying an additional 130 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Procter & Gamble Trading Up 0.3%
PG stock opened at $146.44 on Friday. The company has a market cap of $341.00 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 6.26 and a beta of 0.41. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $148.41 and a 200-day simple moving average of $148.55. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.99.
Procter & Gamble Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be issued a $1.0885 dividend. The ex-dividend date is Friday, April 24th. This represents a $4.35 annualized dividend 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 currently 63.60%.
Trending Headlines about Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Motley Fool highlighted Procter & Gamble as one of the best consumer staples stocks to buy and hold for decades, citing its deeply embedded household brands and dependable demand. The 2 Best Consumer Staples Stocks to Buy and Hold for Decades
- Neutral Sentiment: Jim Cramer discussed Procter & Gamble alongside Amazon, and the coverage noted that UBS recently raised its view, which may be helping sentiment around the name. Jim Cramer Shares Key Insight About Procter & Gamble (PG) And Amazon
- Negative Sentiment: Zacks Research and Erste Group both trimmed multiple forward earnings estimates for Procter & Gamble, including FY2026, FY2027 and several quarterly forecasts. Lower earnings expectations can pressure valuation and weigh on the stock. Procter & Gamble analyst estimate updates
- Neutral Sentiment: Amazon’s new logistics service named Procter & Gamble as an early user, which is more of an operational note than a direct catalyst for PG shares. Amazon Opens Logistics Network To Clients What It Means For Investors
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on PG shares. Raymond James Financial reduced their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Rothschild & Co Redburn reduced their target price on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research note on Monday, April 27th. Barclays reduced their target price on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 14th. Jefferies Financial Group reduced their target price on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Finally, Piper Sandler upped their target price on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $161.06.
Insider Transactions at Procter & Gamble
In related news, CEO Ma. Fatima Francisco sold 5,549 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $165.29, for a total value of $917,194.21. Following the completion of the sale, the chief executive officer directly owned 1,029 shares in the company, valued at approximately $170,083.41. This represents a 84.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Susan Street Whaley sold 1,809 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the sale, the insider owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. This represents a 5.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 244,715 shares of company stock worth $39,702,904 in the last quarter. 0.20% of the stock is owned by corporate insiders.
Procter & Gamble Company 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.
See Also
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