Level Four Advisory Services LLC Buys 1,048 Shares of Procter & Gamble Company (The) $PG
by Renee Jackson · The Cerbat GemLevel Four Advisory Services LLC increased its stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 47,211 shares of the company’s stock after purchasing an additional 1,048 shares during the quarter. Level Four Advisory Services LLC’s holdings in Procter & Gamble were worth $7,522,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. 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. increased its stake 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 worth $493,000 after purchasing an additional 277 shares in the last quarter. Private Advisory Group LLC raised its position in shares of Procter & Gamble by 53.2% in the first quarter. Private Advisory Group LLC now owns 56,487 shares of the company’s stock valued at $9,627,000 after purchasing an additional 19,623 shares during the period. Davis R M Inc. lifted its stake in shares of Procter & Gamble by 7.6% during the 1st quarter. Davis R M Inc. now owns 279,245 shares of the company’s stock valued at $47,589,000 after buying an additional 19,716 shares in the last quarter. Finally, RVW Wealth LLC boosted its holdings in Procter & Gamble by 18.4% in the 1st quarter. RVW Wealth LLC now owns 1,456 shares of the company’s stock worth $248,000 after buying an additional 226 shares during the period. 65.77% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Berenberg Bank lifted their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Dbs Bank raised Procter & Gamble to a “moderate buy” rating in a report on Tuesday, October 28th. Wells Fargo & Company cut their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Finally, Morgan Stanley set a $175.00 target price on Procter & Gamble in a report on Monday, October 27th. Twelve research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.53.
Get Our Latest Research Report on PG
Procter & Gamble Stock Down 0.1%
Shares of NYSE PG opened at $148.36 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 business has a 50-day moving average of $149.94 and a 200-day moving average of $155.86. The firm has a market capitalization of $346.68 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 12 month low of $144.09 and a 12 month high of $180.43.
Procter & Gamble (NYSE:PG – Get Free Report) 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. Sell-side analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.
Procter & Gamble Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s payout ratio is currently 61.61%.
Insider Buying and Selling
In related news, CEO Jennifer L. Davis sold 3,227 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $491,246.21. Following the transaction, the chief executive officer owned 61,764 shares of the company’s stock, valued at $9,402,333.72. This represents a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary A. Coombe sold 3,535 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $538,133.05. Following the sale, the chief executive officer directly owned 34,816 shares of the company’s stock, valued at approximately $5,300,039.68. This trade represents a 9.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 30,308 shares of company stock valued at $4,611,852 in the last three months. 0.20% of the stock is owned by corporate insiders.
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.
See Also
- Five stocks we like better than Procter & Gamble
- What is a penny stock? A comprehensive guide
- How Semtech’s Data Center Chips Are Powering the AI Boom
- Trading Stocks: RSI and Why it’s Useful
- Keysight Technologies’ Surge: The Market Wakes Up to This AI Play
- Health Care Stocks Explained: Why You Might Want to Invest
- Is American Express the Credit Stock For a K-Shaped Economy?