Cornell Pochily Investment Advisors Inc. Purchases 1,303 Shares of Procter & Gamble Company (The) $PG

Cornell Pochily Investment Advisors Inc. grew its position in Procter & Gamble Company (The) (NYSE:PG) by 4.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,201 shares of the company’s stock after buying an additional 1,303 shares during the period. Procter & Gamble accounts for about 1.5% of Cornell Pochily Investment Advisors Inc.’s portfolio, making the stock its 15th largest position. Cornell Pochily Investment Advisors Inc.’s holdings in Procter & Gamble were worth $4,652,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Nova Wealth Management Inc. bought a new stake in shares of Procter & Gamble in the 1st quarter valued at about $26,000. Signature Resources Capital Management LLC raised its position in shares of Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP purchased a new position in shares of Procter & Gamble in the 1st quarter valued at approximately $33,000. Mizuho Securities Co. Ltd. raised its position in shares of 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 purchasing an additional 170 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its position in shares of Procter & Gamble by 50.3% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after purchasing an additional 82 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Transactions at Procter & Gamble

In related news, CEO Jennifer L. Davis sold 8,596 shares of Procter & Gamble stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,351,892.92. Following the sale, the chief executive officer owned 64,991 shares of the company’s stock, valued at approximately $10,221,134.57. This trade represents a 11.68% 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, CEO Sundar G. Raman sold 9,554 shares of Procter & Gamble stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the completion of the sale, the chief executive officer directly owned 41,886 shares in the company, valued at $6,624,689.76. This represents a 18.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock worth $18,918,012 in the last ninety days. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

NYSE:PG opened at $152.06 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The firm has a market cap of $355.90 billion, a price-to-earnings ratio of 23.36, a price-to-earnings-growth ratio of 4.04 and a beta of 0.36. The company has a 50 day moving average price of $155.63 and a 200-day moving average price of $160.17. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43.

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

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a $1.0568 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.82%.

Analysts Set New Price Targets

PG has been the subject of several research analyst reports. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. Evercore ISI reaffirmed 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. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the company a “buy” rating in a research report on Wednesday, July 30th. Barclays decreased their price objective on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, BNP Paribas Exane reduced their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.11.

About Procter & Gamble

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.