GDS Wealth Management Has $10.70 Million Holdings in Procter & Gamble Company (The) $PG

GDS Wealth Management boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 14.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,130 shares of the company’s stock after buying an additional 8,575 shares during the quarter. GDS Wealth Management’s holdings in Procter & Gamble were worth $10,695,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. Nova Wealth Management Inc. bought a new stake in Procter & Gamble during the first quarter worth approximately $26,000. Signature Resources Capital Management LLC boosted its holdings in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after buying an additional 72 shares during the period. Quarry LP acquired a new position in Procter & Gamble in the 1st quarter valued at $33,000. Mid American Wealth Advisory Group Inc. bought a new position in Procter & Gamble in the 2nd quarter worth $34,000. Finally, RMG Wealth Management LLC acquired a new position in Procter & Gamble during the 2nd quarter worth $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling

In related news, CEO Jennifer L. Davis sold 3,227 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $491,246.21. Following the transaction, the chief executive officer owned 61,764 shares in the company, valued at $9,402,333.72. This represents a 4.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Andre Schulten sold 4,252 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $647,281.96. Following the transaction, the chief financial officer owned 53,992 shares in the company, valued at $8,219,202.16. The trade was a 7.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 31,308 shares of company stock valued at $4,768,692. Insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of PG stock opened at $146.98 on Thursday. The stock’s fifty day simple moving average is $151.10 and its 200 day simple moving average is $156.27. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. Procter & Gamble Company has a one year low of $144.09 and a one year high of $180.43. The firm has a market cap of $343.45 billion, a price-to-earnings ratio of 21.46, a P/E/G ratio of 3.87 and a beta of 0.36.

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

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were given a $1.0568 dividend. The ex-dividend date was Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.9%. Procter & Gamble’s payout ratio is presently 61.61%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Dbs Bank upgraded Procter & Gamble to a “moderate buy” rating in a research note on Tuesday, October 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Thursday, November 13th. Wells Fargo & Company dropped their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. BNP Paribas reiterated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Finally, Raymond James Financial reduced their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Twelve investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $171.53.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.