TD Private Client Wealth LLC Buys 808 Shares of Procter & Gamble Company (The) $PG

TD Private Client Wealth LLC lifted its position in Procter & Gamble Company (The) (NYSE:PG) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 30,975 shares of the company’s stock after purchasing an additional 808 shares during the quarter. TD Private Client Wealth LLC’s holdings in Procter & Gamble were worth $4,935,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new stake in shares of Procter & Gamble during the first quarter worth $26,000. Quarry LP acquired a new position in Procter & Gamble during the 1st quarter worth about $33,000. Mizuho Securities Co. Ltd. increased its position in Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after acquiring an additional 170 shares in the last quarter. Quest 10 Wealth Builders Inc. raised its stake in shares of Procter & Gamble by 50.3% in the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock worth $42,000 after acquiring an additional 82 shares during the last quarter. Finally, Morton Brown Family Wealth LLC lifted its position in shares of Procter & Gamble by 84.6% during the first quarter. Morton Brown Family Wealth LLC now owns 251 shares of the company’s stock worth $43,000 after purchasing an additional 115 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Price Performance

Shares of PG opened at $152.35 on Thursday. The stock has a market cap of $356.58 billion, a P/E ratio of 23.40, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The stock’s 50-day moving average price is $156.12 and its two-hundred day moving average price is $160.91. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. The business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. Procter & Gamble’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period last year, the company posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s payout ratio is 64.98%.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Jennifer L. Davis sold 8,596 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,351,892.92. Following the sale, the chief executive officer owned 64,991 shares of the company’s stock, valued at $10,221,134.57. This trade represents a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Susan Street Whaley sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $156.84, for a total value of $156,840.00. Following the completion of the transaction, the insider owned 28,436 shares of the company’s stock, valued at $4,459,902.24. This represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 in the last three months. 0.20% of the stock is owned by insiders.

Analysts Set New Price Targets

PG has been the subject of several research analyst reports. Wells Fargo & Company dropped their price objective on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating for the company in a research report on Wednesday, July 30th. Berenberg Bank boosted their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. BNP Paribas reiterated an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Evercore ISI reiterated an “in-line” rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Finally, Barclays set a $164.00 target price on shares of Procter & Gamble and gave the company an “equal weight” rating in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $173.94.

Procter & Gamble 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.