Procter & Gamble Company (The) $PG Shares Acquired by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 489,261 shares of the company’s stock after buying an additional 9,995 shares during the period. Procter & Gamble comprises approximately 2.5% of Daymark Wealth Partners LLC’s holdings, making the stock its 7th largest position. Daymark Wealth Partners LLC’s holdings in Procter & Gamble were worth $75,175,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. MOKAN Wealth Management Inc. lifted its position in shares of Procter & Gamble by 13.7% in the second quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock worth $2,442,000 after buying an additional 1,846 shares during the last quarter. Czech National Bank raised its stake in shares of Procter & Gamble by 3.8% in the 3rd quarter. Czech National Bank now owns 594,914 shares of the company’s stock valued at $91,409,000 after acquiring an additional 21,825 shares in the last quarter. Vega Investment Solutions raised its stake in shares of Procter & Gamble by 1.3% in the 2nd quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock valued at $101,710,000 after acquiring an additional 8,500 shares in the last quarter. Westerkirk Capital Inc. acquired a new stake in Procter & Gamble in the 2nd quarter worth approximately $4,796,000. Finally, Caliber Wealth Management LLC KS boosted its position in Procter & Gamble by 36.2% during the second quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock worth $2,836,000 after purchasing an additional 4,730 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

NYSE:PG opened at $141.77 on Monday. The firm’s 50-day moving average is $145.94 and its 200-day moving average is $152.12. The company has a market cap of $331.29 billion, a price-to-earnings ratio of 20.70, a PEG ratio of 4.78 and a beta of 0.39. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. Procter & Gamble Company has a 52-week low of $138.14 and a 52-week high of $179.99.

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

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s payout ratio is currently 61.61%.

Insider Activity at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 725 shares of the firm’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 of the company’s stock, valued at $146,429.03. This trade represents a 42.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on PG shares. Dbs Bank upgraded shares of Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. UBS Group dropped their target price 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. JPMorgan Chase & Co. decreased their price target on shares of Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday, December 18th. Wells Fargo & Company dropped their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Finally, BNP Paribas Exane cut their price objective on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Thirteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $171.38.

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.