SteelPeak Wealth LLC Raises Position in Procter & Gamble Company (The) $PG

SteelPeak Wealth LLC boosted its position in Procter & Gamble Company (The) (NYSE:PG) by 5.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 76,756 shares of the company’s stock after purchasing an additional 4,132 shares during the period. SteelPeak Wealth LLC’s holdings in Procter & Gamble were worth $11,794,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of PG. Brighton Jones LLC lifted its holdings in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. raised its position in shares of Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after purchasing an additional 277 shares during the period. Quarry LP purchased a new stake in shares of Procter & Gamble during the 1st quarter valued at approximately $33,000. Bosun Asset Management LLC boosted its holdings in Procter & Gamble by 8.9% in the 1st quarter. Bosun Asset Management LLC now owns 2,723 shares of the company’s stock worth $464,000 after buying an additional 223 shares during the period. Finally, Copperleaf Capital LLC purchased a new position in Procter & Gamble in the 1st quarter valued at approximately $213,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the completion of the sale, the chief accounting officer owned 979 shares of the company’s stock, valued at $146,429.03. The trade was a 42.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.20% of the stock is owned by insiders.

Procter & Gamble Stock Performance

Shares of PG opened at $143.33 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock has a 50-day moving average price of $146.16 and a 200-day moving average price of $152.34. The company has a market cap of $334.92 billion, a PE ratio of 20.92, a price-to-earnings-growth ratio of 4.83 and a beta of 0.39. Procter & Gamble Company has a 12-month low of $138.14 and a 12-month high of $179.99.

Procter & Gamble (NYSE:PG) last announced its 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. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. During the same period in the previous year, the business posted $1.93 earnings per share. Procter & Gamble’s revenue for the quarter was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, equities analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio is currently 61.61%.

Wall Street Analysts Forecast Growth

PG has been the subject of a number of analyst reports. JPMorgan Chase & Co. cut their price target on Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a report on Thursday, December 18th. Dbs Bank upgraded Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. BNP Paribas Exane reduced their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a report on Monday. Finally, Berenberg Bank boosted their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Thirteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $171.38.

About Procter & Gamble

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.