Cushing Capital Partners LLC decreased its holdings in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 77.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,468 shares of the company’s stock after selling 5,003 shares during the quarter. Cushing Capital Partners LLC’s holdings in Procter & Gamble were worth $225,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also made changes to their positions in PG. Lantz Financial LLC boosted its stake in Procter & Gamble by 1.2% during the second quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock valued at $834,000 after buying an additional 64 shares in the last quarter. Orca Investment Management LLC increased its position in shares of Procter & Gamble by 2.0% in the second quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after acquiring an additional 64 shares in the last quarter. Kondo Wealth Advisors Inc. grew its position in Procter & Gamble by 5.2% during the 1st quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock worth $226,000 after purchasing an additional 65 shares in the last quarter. Silver Oak Securities Incorporated raised its position in Procter & Gamble by 0.3% during the second quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock valued at $3,524,000 after buying an additional 65 shares during the period. Finally, Access Financial Services Inc. increased its holdings in shares of Procter & Gamble by 0.6% in the 2nd quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock valued at $1,735,000 after purchasing an additional 65 shares during the period. 65.77% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently commented on PG. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a report on Monday. Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and increased their price target for the company from $156.00 to $179.00 in a report on Tuesday, December 16th. JPMorgan Chase & Co. dropped their price objective on Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating on the stock in a research note on Thursday, December 18th. Bank of America cut their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Finally, Raymond James Financial cut their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Thirteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $171.38.
Procter & Gamble Price Performance
Shares of PG stock opened at $144.53 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The stock has a market capitalization of $337.72 billion, a PE ratio of 21.10, a PEG ratio of 4.82 and a beta of 0.39. Procter & Gamble Company has a 52 week low of $138.14 and a 52 week high of $179.99. The stock’s fifty day moving average is $147.04 and its 200-day moving average is $153.03.
Procter & Gamble (NYSE:PG – Get Free Report) last issued its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. During the same quarter last year, the business posted $1.93 earnings per share. Procter & Gamble’s revenue for the quarter was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.
Procter & Gamble Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 61.75%.
Insider Transactions at Procter & Gamble
In related news, CEO Gary A. Coombe sold 3,535 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the sale, the chief executive officer owned 34,816 shares in the company, valued at $5,300,039.68. This represents a 9.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jon R. Moeller sold 11,684 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $1,778,655.32. Following the completion of the transaction, the chief executive officer directly owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. The trade was a 3.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 30,308 shares of company stock valued at $4,611,852. Corporate insiders own 0.20% of the company’s stock.
Procter & Gamble Profile
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.
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