Western Wealth Management LLC Has $5.61 Million Stock Position in Procter & Gamble Company (The) $PG

Western Wealth Management LLC grew its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 20.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,172 shares of the company’s stock after buying an additional 6,638 shares during the quarter. Western Wealth Management LLC’s holdings in Procter & Gamble were worth $5,614,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in PG. Maseco LLP acquired a new position in shares of Procter & Gamble during the fourth quarter valued at about $28,000. Saranac Partners Ltd purchased a new position in Procter & Gamble during the third quarter worth about $30,000. Caitlin John LLC purchased a new position in Procter & Gamble during the third quarter worth about $34,000. Anfield Capital Management LLC boosted its holdings in Procter & Gamble by 121.5% during the fourth quarter. Anfield Capital Management LLC now owns 237 shares of the company’s stock worth $34,000 after purchasing an additional 130 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID boosted its holdings in Procter & Gamble by 162.6% during the fourth quarter. Legacy Wealth Managment LLC ID now owns 239 shares of the company’s stock worth $34,000 after purchasing an additional 148 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Moses Victor Javier Aguilar sold 15,169 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were 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 of the company’s stock, valued at $7,259,595.80. The trade was a 25.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the sale, the chief executive officer directly owned 1,029 shares in the company, valued at approximately $170,083.41. This trade represents a 84.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,527 shares of company stock valued at $3,667,283 over the last quarter. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Down 1.1%

PG opened at $142.34 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The stock has a market cap of $331.46 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 6.17 and a beta of 0.41. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.99. The company’s 50-day moving average price is $146.77 and its two-hundred day moving average price is $148.33.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the previous year, the firm posted $1.54 earnings per share. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be given a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Friday, April 24th. Procter & Gamble’s payout ratio is presently 63.60%.

Analysts Set New Price Targets

Several research firms recently weighed in on PG. Wells Fargo & Company boosted their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Royal Bank Of Canada cut their price target on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. Barclays cut their price target on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 14th. UBS Group boosted their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.06.

About Procter & Gamble

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.