Procter & Gamble Company (The) $PG Shares Purchased by Winnow Wealth LLC

Winnow Wealth LLC boosted its holdings in Procter & Gamble Company (The) (NYSE:PG) by 1,289.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 6,407 shares of the company’s stock after purchasing an additional 5,946 shares during the quarter. Winnow Wealth LLC’s holdings in Procter & Gamble were worth $987,000 at the end of the most recent quarter.

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

Procter & Gamble Price Performance

PG opened at $151.80 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $179.99. The company has a 50-day moving average of $144.89 and a 200-day moving average of $150.33. The company has a market capitalization of $352.78 billion, a P/E ratio of 22.49, a PEG ratio of 4.98 and a beta of 0.39.

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

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, January 23rd. Procter & Gamble’s payout ratio is 62.67%.

Insider Activity

In related news, insider Marc S. Pritchard sold 95,903 shares of the firm’s stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the transaction, the insider directly owned 182,607 shares in the company, valued at $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent research reports. Wells Fargo & Company boosted their target price on shares of Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $157.00 to $165.00 in a report on Friday, January 23rd. Piper Sandler began coverage on shares of Procter & Gamble in a research report on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 price objective for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Finally, Bank of America cut their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $167.00.

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.