Curio Wealth LLC Purchases 597 Shares of Procter & Gamble Company (The) $PG

Curio Wealth LLC lifted its position in Procter & Gamble Company (The) (NYSE:PG) by 19,900.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 600 shares of the company’s stock after acquiring an additional 597 shares during the quarter. Curio Wealth LLC’s holdings in Procter & Gamble were worth $96,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Northstar Asset Management Inc. grew its position in Procter & Gamble by 20.2% during the second quarter. Northstar Asset Management Inc. now owns 4,191 shares of the company’s stock valued at $668,000 after buying an additional 703 shares during the period. Leelyn Smith LLC grew its position in Procter & Gamble by 3.2% during the second quarter. Leelyn Smith LLC now owns 18,243 shares of the company’s stock valued at $2,906,000 after buying an additional 559 shares during the period. Allied Investment Advisors LLC grew its position in Procter & Gamble by 1.1% during the second quarter. Allied Investment Advisors LLC now owns 66,623 shares of the company’s stock valued at $10,614,000 after buying an additional 725 shares during the period. Richards Merrill & Peterson Inc. grew its position in Procter & Gamble by 3.7% during the second quarter. Richards Merrill & Peterson Inc. now owns 9,368 shares of the company’s stock valued at $1,492,000 after buying an additional 332 shares during the period. Finally, Sage Mountain Advisors LLC grew its position in Procter & Gamble by 12.7% during the second quarter. Sage Mountain Advisors LLC now owns 18,778 shares of the company’s stock valued at $2,992,000 after buying an additional 2,111 shares during the period. Institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

PG has been the subject of several research reports. Raymond James Financial reduced their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. JPMorgan Chase & Co. cut their target price on shares of Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating for the company in a research report on Friday, October 10th. Barclays cut their target price on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research report on Wednesday, October 1st. UBS Group cut their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Finally, BNP Paribas reiterated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Eleven investment 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 $171.68.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $606,788.78. Following the completion of the sale, the chief operating officer directly owned 46,899 shares in the company, valued at $7,139,434.77. The trade was a 7.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Andre Schulten sold 4,252 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $647,281.96. Following the transaction, the chief financial officer directly owned 53,992 shares in the company, valued at $8,219,202.16. This trade represents a 7.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,763 shares of company stock valued at $23,421,279 over the last quarter. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG opened at $152.62 on Friday. Procter & Gamble Company has a 1 year low of $146.96 and a 1 year high of $180.43. 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 stock has a market capitalization of $357.21 billion, a PE ratio of 23.44, a P/E/G ratio of 4.04 and a beta of 0.36. The company’s 50 day simple moving average is $154.66 and its two-hundred day simple moving average is $158.41.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. During the same period in the prior year, the company posted $1.93 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced 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 is Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s payout ratio is presently 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.