Cassia Capital Partners LLC Acquires 108 Shares of Procter & Gamble Company (The) $PG

Cassia Capital Partners LLC boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 1.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,482 shares of the company’s stock after acquiring an additional 108 shares during the quarter. Cassia Capital Partners LLC’s holdings in Procter & Gamble were worth $1,033,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its position in shares of Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after buying an additional 13,617 shares during the period. Two Sigma Investments LP raised its stake in Procter & Gamble by 2.4% during the fourth quarter. Two Sigma Investments LP now owns 18,133 shares of the company’s stock worth $3,040,000 after acquiring an additional 433 shares in the last quarter. Copia Wealth Management bought a new position in shares of Procter & Gamble during the fourth quarter valued at $68,000. Anchor Pointe Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the 4th quarter valued at $3,451,000. Finally, Lighthouse Financial LLC bought a new stake in shares of Procter & Gamble in the 4th quarter worth about $331,000. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on PG shares. Berenberg Bank lifted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Evercore ISI reiterated an “in-line” rating and issued a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Wells Fargo & Company decreased their price target on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Finally, UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $173.94.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the completion of the sale, the chief executive officer owned 319,375 shares of the company’s stock, valued at approximately $50,228,106.25. The trade was a 11.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the transaction, the chief executive officer directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. This trade represents a 22.57% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Stock Performance

PG stock opened at $152.35 on Thursday. The stock has a market capitalization of $356.58 billion, a PE ratio of 23.40, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The company has a 50 day moving average price of $156.12 and a 200 day moving average price of $160.91. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. During the same period last year, the firm earned $1.40 EPS. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is 64.98%.

Procter & Gamble Company 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.