EP Wealth Advisors LLC Raises Stock Holdings in Procter & Gamble Company (The) $PG

EP Wealth Advisors LLC boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 50.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 161,915 shares of the company’s stock after buying an additional 54,391 shares during the quarter. EP Wealth Advisors LLC’s holdings in Procter & Gamble were worth $25,796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. MOKAN Wealth Management Inc. lifted its position in shares of Procter & Gamble by 13.7% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock worth $2,442,000 after purchasing an additional 1,846 shares during the last quarter. Westerkirk Capital Inc. acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth about $4,796,000. Vega Investment Solutions raised its position in shares of Procter & Gamble by 1.3% during the 2nd quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock worth $101,710,000 after acquiring an additional 8,500 shares in the last quarter. Caliber Wealth Management LLC KS boosted its holdings in Procter & Gamble by 36.2% in the second quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock valued at $2,836,000 after purchasing an additional 4,730 shares in the last quarter. Finally, Jump Financial LLC purchased a new position in Procter & Gamble in the second quarter valued at approximately $7,891,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Performance

Shares of PG stock opened at $142.77 on Friday. The stock’s 50-day moving average price is $147.84 and its 200 day moving average price is $154.34. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $333.61 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 4.73 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.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data 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 company had revenue of $22.39 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period last year, the firm earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s payout ratio is 61.75%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $606,788.78. Following the sale, the chief operating officer owned 46,899 shares of the company’s stock, valued at approximately $7,139,434.77. The trade was a 7.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan Street Whaley sold 2,408 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $366,569.84. Following the transaction, the insider directly owned 31,770 shares of the company’s stock, valued at approximately $4,836,347.10. This trade represents a 7.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 30,308 shares of company stock valued at $4,611,852 over the last 90 days. Insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. UBS Group reduced their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a research report on Monday, December 1st. BNP Paribas Exane dropped their price objective on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft cut their target price on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. Finally, Bank of America dropped 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. Twelve investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $171.40.

About Procter & Gamble

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.