Procter & Gamble Company (The) $PG Position Raised by Smith Chas P & Associates PA Cpas

Smith Chas P & Associates PA Cpas boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 280,827 shares of the company’s stock after buying an additional 6,290 shares during the period. Procter & Gamble makes up about 2.2% of Smith Chas P & Associates PA Cpas’ investment portfolio, making the stock its 19th largest holding. Smith Chas P & Associates PA Cpas’ holdings in Procter & Gamble were worth $44,750,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Obermeyer Wealth Partners raised its position in Procter & Gamble by 7.7% in the 3rd quarter. Obermeyer Wealth Partners now owns 13,667 shares of the company’s stock worth $1,986,000 after buying an additional 979 shares during the last quarter. Cardinal Capital Management boosted its stake in shares of Procter & Gamble by 7.8% during the 3rd quarter. Cardinal Capital Management now owns 64,464 shares of the company’s stock worth $9,365,000 after acquiring an additional 4,648 shares during the last quarter. Cardinal Point Capital Management ULC grew its holdings in Procter & Gamble by 17.9% during the third quarter. Cardinal Point Capital Management ULC now owns 7,782 shares of the company’s stock valued at $1,131,000 after purchasing an additional 1,184 shares during the period. Oakmont Investment Advisors Inc. grew its stake in shares of Procter & Gamble by 2.2% during the 3rd quarter. Oakmont Investment Advisors Inc. now owns 4,183 shares of the company’s stock valued at $608,000 after acquiring an additional 90 shares during the period. Finally, Foster Victor Wealth Advisors LLC boosted its position in shares of Procter & Gamble by 7.4% in the third quarter. Foster Victor Wealth Advisors LLC now owns 90,979 shares of the company’s stock worth $14,346,000 after purchasing an additional 6,292 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Up 5.8%

Shares of PG opened at $165.94 on Friday. The company has a market cap of $385.41 billion, a PE ratio of 25.07, a P/E/G ratio of 3.90 and a beta of 0.39. The business has a fifty day moving average of $148.08 and a 200 day moving average of $146.99. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.89 by $0.11. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The company had revenue of $23.28 billion during the quarter, compared to analyst estimates of $22.80 billion. During the same period in the previous year, the firm earned $1.99 earnings per share. Procter & Gamble’s quarterly revenue was up 4.0% compared to the same quarter last year. On average, sell-side analysts expect that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Dividend Announcement

The company 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 dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s dividend payout ratio is presently 65.71%.

Procter & Gamble News Roundup

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

• Positive Sentiment: Fiscal Q1 earnings per share came in at $2.00, above the roughly $1.89 analyst consensus, while revenue rose 4% year over year to $23.28 billion, exceeding expectations of approximately $22.80 billion. Procter & Gamble earnings beat as sales rise 4%
• Positive Sentiment: Organic sales increased 4%, supported by volume growth, favorable product mix and productivity savings. Laundry and home-care products were highlighted as key contributors. P&G Q1 Earnings Beat on Volume Growth & Favorable Mix
• Positive Sentiment: P&G raised its fiscal 2027 all-in sales-growth outlook, primarily reflecting the acquisition of Thorne. Management also reiterated its broader full-year revenue forecast, reducing concern that consumer weakness would derail the business. Procter & Gamble Boosts FY27 All-in-sales Growth Outlook
• Positive Sentiment: Investors appeared to favor P&G’s defensive characteristics as broader markets weakened, while increased call-option activity reflected stronger near-term trading interest. P&G Jumps as Earnings Beat Draws Defensive Buyers
• Neutral Sentiment: Management said changing demographics may support premium baby-care demand: fewer children per household can lead parents to spend more on each child, benefiting products such as Pampers. Americans are having fewer babies and pampering them with luxury diapers
• Negative Sentiment: Higher commodity and fuel costs are expected to create an approximately $1.4 billion annual profit headwind, which could pressure margins even as sales remain healthy. P&G flags bigger hit to annual profit from higher commodity costs

Insider Activity at Procter & Gamble

In other news, insider Marc S. Pritchard sold 4,030 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $579,473.70. Following the transaction, the insider owned 187,001 shares of the company’s stock, valued at approximately $26,888,873.79. This represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $145.24, for a total value of $52,141.16. Following the completion of the sale, the chief accounting officer owned 1,271 shares in the company, valued at approximately $184,600.04. The trade was a 22.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,135 shares of company stock worth $2,189,970 in the last three months. 0.23% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on PG. Argus cut Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. Jefferies Financial Group increased their price objective on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Bank of America dropped their price objective on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Citigroup boosted their target price on shares of Procter & Gamble from $170.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, October 9th. Finally, Barclays upped their target price on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Fourteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average target price of $162.50.

Procter & Gamble Profile

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.