Midwest Trust Co Buys 41,818 Shares of Procter & Gamble Company (The) $PG

Midwest Trust Co grew its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 10.3% in the 4th quarter, HoldingsChannel reports. The fund owned 446,684 shares of the company’s stock after purchasing an additional 41,818 shares during the quarter. Midwest Trust Co’s holdings in Procter & Gamble were worth $64,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in PG. Oxbow Advisors LLC grew its position in shares of Procter & Gamble by 3.3% in the fourth quarter. Oxbow Advisors LLC now owns 10,537 shares of the company’s stock valued at $1,510,000 after purchasing an additional 340 shares during the last quarter. NewEdge Wealth LLC lifted its holdings in Procter & Gamble by 19.8% during the 4th quarter. NewEdge Wealth LLC now owns 89,876 shares of the company’s stock worth $12,880,000 after purchasing an additional 14,857 shares during the last quarter. RB Capital Management LLC boosted its stake in Procter & Gamble by 2.1% in the 4th quarter. RB Capital Management LLC now owns 12,321 shares of the company’s stock valued at $1,766,000 after purchasing an additional 258 shares during the period. Legacy Wealth Managment LLC ID boosted its stake in Procter & Gamble by 162.6% in the 4th quarter. Legacy Wealth Managment LLC ID now owns 239 shares of the company’s stock valued at $34,000 after purchasing an additional 148 shares during the period. Finally, Financial Partners Group Inc grew its holdings in Procter & Gamble by 33.0% in the 4th quarter. Financial Partners Group Inc now owns 4,050 shares of the company’s stock valued at $615,000 after buying an additional 1,004 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

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Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $146.44 on Friday. The company has a 50 day moving average of $148.41 and a 200-day moving average of $148.55. The company has a market cap of $341.00 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 6.28 and a beta of 0.41. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $170.99.

Procter & Gamble (NYSE:PGGet Free Report) last released its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same period in the prior year, the company earned $1.54 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio is 63.60%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Balaji Purushothaman sold 12,827 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the completion of the transaction, the insider directly owned 12,639 shares in the company, valued at approximately $2,026,158.09. This represents a 50.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the sale, the insider owned 44,735 shares in the company, valued at $7,259,595.80. This represents a 25.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 244,715 shares of company stock worth $39,702,904 over the last 90 days. 0.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on PG shares. Morgan Stanley dropped their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. BNP Paribas Exane lowered their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Rothschild & Co Redburn cut their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Barclays decreased their target price on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Finally, Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $161.06.

Read Our Latest Report on PG

Procter & Gamble Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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