Cascade Financial Partners LLC Boosts Position in Procter & Gamble Company (The) $PG

Cascade Financial Partners LLC boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 38.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,467 shares of the company’s stock after buying an additional 1,811 shares during the quarter. Cascade Financial Partners LLC’s holdings in Procter & Gamble were worth $1,030,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. MOKAN Wealth Management Inc. raised its position in shares of Procter & Gamble by 13.7% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock worth $2,442,000 after acquiring an additional 1,846 shares in the last quarter. Benjamin Edwards Inc. grew its stake in Procter & Gamble by 120.7% in the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock valued at $62,098,000 after purchasing an additional 199,258 shares during the last quarter. Caliber Wealth Management LLC KS grew its stake in Procter & Gamble by 36.2% in the second quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock valued at $2,836,000 after purchasing an additional 4,730 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Procter & Gamble during the second quarter valued at about $34,684,000. Finally, First Citizens Bank & Trust Co. lifted its position in shares of Procter & Gamble by 12.8% during the second quarter. First Citizens Bank & Trust Co. now owns 156,874 shares of the company’s stock valued at $24,993,000 after buying an additional 17,836 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $149.57, for a total value of $108,438.25. Following the sale, the chief accounting officer directly owned 979 shares of the company’s stock, valued at approximately $146,429.03. This represents a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Andre Schulten sold 4,252 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $647,281.96. Following the sale, the chief financial officer directly owned 53,992 shares in the company, valued at $8,219,202.16. This represents a 7.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 150,488 shares of company stock worth $23,529,718. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Performance

Shares of PG stock opened at $145.52 on Tuesday. The business has a fifty day moving average of $152.69 and a 200 day moving average of $156.92. Procter & Gamble Company has a 1 year low of $144.09 and a 1 year high of $180.43. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. The firm has a market capitalization of $340.04 billion, a price-to-earnings ratio of 21.24, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same period in the prior year, the company earned $1.93 earnings per share. The company’s 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. As a group, research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be given a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is currently 61.61%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on PG shares. Raymond James Financial reduced their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. UBS Group decreased their price objective on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Wells Fargo & Company lowered their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. BNP Paribas reaffirmed an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Twelve analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $171.53.

Procter & Gamble Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.