Procter & Gamble Company (The) $PG Shares Acquired by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. lifted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 13.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,160 shares of the company’s stock after purchasing an additional 4,656 shares during the quarter. McKinley Carter Wealth Services Inc.’s holdings in Procter & Gamble were worth $5,863,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Halbert Hargrove Global Advisors LLC purchased a new stake in Procter & Gamble during the 3rd quarter worth approximately $25,000. Corundum Trust Company INC purchased a new stake in shares of Procter & Gamble during the third quarter valued at $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at $34,000. RMG Wealth Management LLC purchased a new position in Procter & Gamble in the 2nd quarter worth $37,000. Finally, Marquette Asset Management LLC acquired a new stake in Procter & Gamble during the 3rd quarter worth about $37,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

PG opened at $151.80 on Friday. The firm has a fifty day moving average price of $144.89 and a 200 day moving average price of $150.33. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99. The stock has a market cap of $352.78 billion, a P/E ratio of 22.49, a P/E/G ratio of 4.98 and a beta of 0.39. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The company had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. During the same quarter in the previous year, the company earned $1.88 earnings per share. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is presently 62.67%.

Analyst Ratings Changes

PG has been the topic of a number of research reports. BNP Paribas Exane cut their price objective on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. JPMorgan Chase & Co. raised shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $157.00 to $165.00 in a research report on Friday, January 23rd. Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Bank of America cut their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company boosted their target price on shares of Procter & Gamble from $158.00 to $165.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.00.

Insider Activity at Procter & Gamble

In other news, insider Marc S. Pritchard sold 95,903 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the sale, the insider directly owned 182,607 shares in the company, valued at $27,601,048.05. The trade was a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.20% of the stock is owned by company insiders.

Procter & Gamble Company 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.