Procter & Gamble Company (The) $PG Holdings Lessened by Kelleher Financial Advisors

Kelleher Financial Advisors decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 99.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,418 shares of the company’s stock after selling 407,327 shares during the quarter. Kelleher Financial Advisors’ holdings in Procter & Gamble were worth $497,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. 3Chopt Investment Partners LLC grew its position in Procter & Gamble by 1.4% during the 3rd quarter. 3Chopt Investment Partners LLC now owns 17,337 shares of the company’s stock worth $2,519,000 after purchasing an additional 240 shares during the period. Trace Wealth Advisors LLC raised its stake in shares of Procter & Gamble by 0.3% during the 3rd quarter. Trace Wealth Advisors LLC now owns 41,104 shares of the company’s stock valued at $5,972,000 after buying an additional 127 shares during the last quarter. Compass Financial Management LLC lifted its holdings in shares of Procter & Gamble by 7.9% in the 3rd quarter. Compass Financial Management LLC now owns 5,865 shares of the company’s stock valued at $852,000 after buying an additional 430 shares during the period. Rakuten Investment Management Inc. lifted its holdings in shares of Procter & Gamble by 9.7% in the 3rd quarter. Rakuten Investment Management Inc. now owns 417,480 shares of the company’s stock valued at $61,921,000 after buying an additional 36,877 shares during the period. Finally, Third View Private Wealth LLC boosted its stake in shares of Procter & Gamble by 2.4% in the third quarter. Third View Private Wealth LLC now owns 18,695 shares of the company’s stock worth $2,716,000 after buying an additional 438 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on PG. Evercore raised Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 target price on the stock in a report on Tuesday, October 6th. Morgan Stanley lifted their price target on Procter & Gamble from $166.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, October 23rd. Royal Bank Of Canada set a $169.00 price target on Procter & Gamble in a report on Friday, October 23rd. Sanford C. Bernstein restated a “market perform” rating and issued a $149.00 price objective on shares of Procter & Gamble in a research report on Monday, August 24th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $161.00 price objective on shares of Procter & Gamble in a research note on Thursday, October 22nd. Fifteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $170.57.

Procter & Gamble News Summary

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Following the midterm elections, investors have favored established dividend payers such as P&G. The company’s recent quarter showed resilience: earnings and revenue topped consensus estimates, while sales grew 4% year over year. Article: Dividend Kings reach 52-week highs
• Positive Sentiment: P&G’s pricing power and strong brand loyalty may help it preserve sales and dividend purchasing power while inflation remains above 3%. It has raised its dividend for 70 consecutive years, reinforcing its appeal to income-focused investors. Article: Dividend stocks with pricing power
• Neutral Sentiment: P&G closed a €3.25 billion euro-note offering. The financing raises capital, but also entails debt obligations; the report did not detail how proceeds will be used. Article: Euro note offering
• Negative Sentiment: Rising costs and value-conscious shoppers could pressure growth in P&G’s premium brands, even as innovation and customer loyalty remain strengths. Article: Premium brands in a value-seeking market
• Negative Sentiment: Multiple insiders, including executives and the chief accounting officer, recently reported share sales. These transactions may concern investors, though sales alone do not necessarily signal a negative view of the company. Article: CEO share sale

Procter & Gamble Stock Up 3.3%

PG opened at $167.37 on Thursday. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $168.17. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.53 and a current ratio of 0.72. The company has a fifty day moving average of $151.12 and a two-hundred day moving average of $149.23. The stock has a market capitalization of $387.93 billion, a price-to-earnings ratio of 25.21, a PEG ratio of 3.98 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The business had revenue of $23.28 billion during the quarter, compared to the consensus estimate of $22.80 billion. During the same quarter in the prior year, the firm posted $1.99 earnings per share. The company’s revenue was up 4.0% compared to the same quarter last year. On average, research analysts expect that Procter & Gamble Company will post 6.99 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 16th. Investors of record on Friday, October 23rd will be issued a $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble’s dividend payout ratio is presently 65.51%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CAO Matthew Janzaruk sold 9,479 shares of the firm’s stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total value of $1,545,077.00. Following the sale, the chief accounting officer directly owned 1,271 shares of the company’s stock, valued at approximately $207,173. This trade represents a 88.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Victor Aguilar sold 18,812 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $164.43, for a total value of $3,093,257.16. Following the completion of the sale, the insider directly owned 55,243 shares in the company, valued at approximately $9,083,606.49. The trade was a 25.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 128,085 shares of company stock valued at $20,696,098 in the last ninety days. 0.23% of the stock is currently owned by company insiders.

About Procter & Gamble

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.