Procter & Gamble Company (The) $PG Shares Purchased by Sound View Wealth Advisors Group LLC

Sound View Wealth Advisors Group LLC grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 2.1% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 86,533 shares of the company’s stock after acquiring an additional 1,749 shares during the period. Procter & Gamble comprises approximately 1.0% of Sound View Wealth Advisors Group LLC’s holdings, making the stock its 26th biggest holding. Sound View Wealth Advisors Group LLC’s holdings in Procter & Gamble were worth $13,786,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PG. Nova Wealth Management Inc. acquired a new position in shares of Procter & Gamble during the first quarter worth $26,000. Signature Resources Capital Management LLC lifted its position in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP bought a new position in Procter & Gamble during the 1st quarter worth approximately $33,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the second quarter worth $34,000. Finally, RMG Wealth Management LLC bought a new position in shares of Procter & Gamble during the second quarter valued at approximately $37,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 725 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total value of $108,438.25. Following the completion of the transaction, the chief accounting officer directly owned 979 shares in the company, valued at approximately $146,429.03. This represents a 42.55% 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, insider Balaji Purushothaman sold 490 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $74,592.70. Following the sale, the insider owned 12,616 shares in the company, valued at $1,920,533.68. This represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 150,488 shares of company stock worth $23,529,718 in the last three months. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $146.90 on Friday. The firm has a market capitalization of $343.28 billion, a PE ratio of 21.45, a PEG ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 1 year low of $144.46 and a 1 year high of $180.43. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The firm’s fifty day simple moving average is $152.93 and its 200 day simple moving average is $157.08.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The company’s revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be given a $1.0568 dividend. The ex-dividend date is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is currently 61.61%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Raymond James Financial dropped their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. JPMorgan Chase & Co. raised their price objective on shares of Procter & Gamble from $163.00 to $165.00 and gave the company a “neutral” rating in a research report on Monday, October 27th. Barclays decreased their target price on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 1st. UBS Group cut their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Finally, Dbs Bank raised Procter & Gamble to a “moderate buy” rating in a research note on Tuesday, October 28th. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Procter & Gamble 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.