Collaborative Fund Advisors LLC Acquires 3,026 Shares of Procter & Gamble Company (The) $PG

Collaborative Fund Advisors LLC lifted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 83.3% during the 3rd quarter, Holdings Channel reports. The firm owned 6,659 shares of the company’s stock after buying an additional 3,026 shares during the period. Collaborative Fund Advisors LLC’s holdings in Procter & Gamble were worth $967,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Procter & Gamble in the second quarter worth $26,000. Montgomery Financial Services LLC acquired a new position in Procter & Gamble during the 2nd quarter worth $28,000. Paladin Partners LLC purchased a new stake in Procter & Gamble during the 2nd quarter worth about $29,000. Toews Corp ADV purchased a new stake in Procter & Gamble during the 2nd quarter worth about $37,000. Finally, Evergreen Advisors LLC acquired a new stake in Procter & Gamble in the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

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

Analyst Ratings Changes

A number of brokerages recently issued reports on PG. Evercore upgraded shares of Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target for the company in a research note on Tuesday, October 6th. Freedom Broker upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 target price for the company in a research note on Friday, October 23rd. Piper Sandler increased their target price on Procter & Gamble from $145.00 to $167.00 and gave the company a “neutral” rating in a report on Monday, October 26th. HSBC cut Procter & Gamble from a “buy” rating to a “hold” rating and cut their price target for the company from $182.00 to $149.00 in a research note on Thursday, July 30th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $149.00 price target on shares of Procter & Gamble in a research note on Monday, August 24th. Fifteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $170.57.

Procter & Gamble Stock Performance

NYSE:PG opened at $167.37 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.53. The firm has a market cap of $387.93 billion, a price-to-earnings ratio of 25.21, a price-to-earnings-growth ratio of 3.98 and a beta of 0.36. The firm’s fifty day moving average price is $151.12 and its 200 day moving average price is $149.23. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $168.17.

Procter & Gamble (NYSE:PG) last released its earnings results 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 18.23% and a return on equity of 31.02%. The company had revenue of $23.28 billion during the quarter, compared to analysts’ expectations of $22.80 billion. During the same quarter last year, the business earned $1.99 EPS. The business’s revenue was up 4.0% on a year-over-year basis. On average, sell-side analysts expect that Procter & Gamble Company will post 6.99 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s payout ratio is currently 65.51%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Paul Gama sold 2,894 shares of the business’s stock in a transaction on Friday, October 30th. The shares were sold at an average price of $165.00, for a total transaction of $477,510.00. Following the sale, the chief executive officer directly owned 43,899 shares in the company, valued at approximately $7,243,335. The trade was a 6.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Matthew W. Janzaruk sold 9,479 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total transaction of $1,545,077.00. Following the transaction, the chief accounting officer owned 1,271 shares in the company, valued at $207,173. The trade was a 88.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 128,085 shares of company stock worth $20,696,098 in the last three months. Company insiders own 0.23% of the company’s stock.

Procter & Gamble Company 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.