3,026 Procter & Gamble Company (The) $PG Shares Bought by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 83.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,659 shares of the company’s stock after purchasing an additional 3,026 shares during the period. Collaborative Fund Advisors LLC’s holdings in Procter & Gamble were worth $967,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Procter & Gamble during the second quarter worth approximately $26,000. Montgomery Financial Services LLC purchased a new position in Procter & Gamble during the 2nd quarter worth $28,000. Paladin Partners LLC bought a new stake in Procter & Gamble during the 2nd quarter valued at $29,000. Evergreen Advisors LLC bought a new stake in Procter & Gamble during the 1st quarter valued at $37,000. Finally, Toews Corp ADV purchased a new stake in shares of Procter & Gamble in the 2nd quarter worth $37,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

Shares of PG stock opened at $167.37 on Thursday. The business’s fifty day simple moving average is $151.12 and its 200-day simple moving average is $149.23. The company has a market cap of $387.93 billion, a PE ratio of 25.21, a PEG ratio of 3.98 and a beta of 0.36. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $168.17.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The firm had revenue of $23.28 billion during the quarter, compared to analysts’ expectations of $22.80 billion. During the same quarter last year, the firm earned $1.99 EPS. The business’s quarterly revenue was up 4.0% on a year-over-year basis. Analysts expect that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be paid a $1.0885 dividend. The ex-dividend date is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble’s dividend payout ratio (DPR) is 65.51%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Piper Sandler raised their price target on Procter & Gamble from $145.00 to $167.00 and gave the company a “neutral” rating in a research note on Monday, October 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, September 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Procter & Gamble in a research report on Friday, October 23rd. Argus lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, Freedom Broker raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a research report on Friday, October 23rd. Fifteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $170.57.

More Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Following the midterm elections, investors have favored established dividend payers such as P&G. The company’s recent quarter showed resilience: earnings and revenue topped consensus estimates, while sales grew 4% year over year. Article: Dividend Kings reach 52-week highs
• Positive Sentiment: P&G’s pricing power and strong brand loyalty may help it preserve sales and dividend purchasing power while inflation remains above 3%. It has raised its dividend for 70 consecutive years, reinforcing its appeal to income-focused investors. Article: Dividend stocks with pricing power
• Neutral Sentiment: P&G closed a €3.25 billion euro-note offering. The financing raises capital, but also entails debt obligations; the report did not detail how proceeds will be used. Article: Euro note offering
• Negative Sentiment: Rising costs and value-conscious shoppers could pressure growth in P&G’s premium brands, even as innovation and customer loyalty remain strengths. Article: Premium brands in a value-seeking market
• Negative Sentiment: Multiple insiders, including executives and the chief accounting officer, recently reported share sales. These transactions may concern investors, though sales alone do not necessarily signal a negative view of the company. Article: CEO share sale

Insider Buying and Selling

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 9,479 shares of the stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total transaction of $1,545,077.00. Following the transaction, the chief accounting officer owned 1,271 shares in the company, valued at approximately $207,173. This represents a 88.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Shailesh Jejurikar sold 35,000 shares of Procter & Gamble stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $163.09, for a total transaction of $5,708,150.00. Following the completion of the sale, the chief executive officer owned 55,391 shares in the company, valued at approximately $9,033,718.19. This trade represents a 38.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 128,085 shares of company stock worth $20,696,098 over the last three months. Corporate insiders own 0.23% of the company’s stock.

Procter & Gamble Company Profile

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.