World Investment Advisors Purchases 6,707 Shares of Procter & Gamble Company (The) $PG

by · The Markets Daily

World Investment Advisors raised its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 7.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 91,423 shares of the company’s stock after purchasing an additional 6,707 shares during the quarter. World Investment Advisors’ holdings in Procter & Gamble were worth $14,047,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. MOKAN Wealth Management Inc. boosted its position in Procter & Gamble by 13.7% in the second 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. Czech National Bank lifted its stake in shares of Procter & Gamble by 3.8% in the 3rd quarter. Czech National Bank now owns 594,914 shares of the company’s stock worth $91,409,000 after purchasing an additional 21,825 shares during the period. Vega Investment Solutions boosted its holdings in shares of Procter & Gamble by 1.3% in the second quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock worth $101,710,000 after buying an additional 8,500 shares during the last quarter. Westerkirk Capital Inc. bought a new stake in Procter & Gamble during the second quarter valued at approximately $4,796,000. Finally, Caliber Wealth Management LLC KS increased its holdings in Procter & Gamble by 36.2% during the second quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock valued at $2,836,000 after buying an additional 4,730 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.9%

NYSE PG opened at $144.53 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a 12 month low of $138.14 and a 12 month high of $179.99. The stock’s 50 day moving average is $147.04 and its 200 day moving average is $153.03. The stock has a market cap of $337.72 billion, a PE ratio of 21.10, a P/E/G ratio of 4.82 and a beta of 0.39.

Procter & Gamble (NYSE:PGGet Free Report) last released its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion for 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 company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s payout ratio is 61.75%.

Wall Street Analyst Weigh In

PG has been the topic of several analyst reports. Wells Fargo & Company dropped their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Dbs Bank upgraded Procter & Gamble to a “hold” rating in a research report on Friday, December 5th. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday. JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating on the stock in a research report on Thursday, December 18th. Finally, BNP Paribas Exane reduced their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $171.38.

Get Our Latest Analysis on Procter & Gamble

Insider Buying and Selling

In other news, CEO Jennifer L. Davis sold 3,227 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 transaction of $491,246.21. Following the completion of the transaction, the chief executive officer directly owned 61,764 shares in the company, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan Street Whaley sold 2,408 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $366,569.84. Following the completion of the sale, the insider owned 31,770 shares in the company, valued at $4,836,347.10. This represents a 7.05% 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 ninety days. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Company Profile

(Free Report)

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.

See Also

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