Eads & Heald Wealth Management Buys 114 Shares of Procter & Gamble Company (The) $PG

Eads & Heald Wealth Management raised its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,175 shares of the company’s stock after buying an additional 114 shares during the quarter. Procter & Gamble comprises 1.1% of Eads & Heald Wealth Management’s portfolio, making the stock its 29th biggest holding. Eads & Heald Wealth Management’s holdings in Procter & Gamble were worth $2,258,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC lifted its position 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. lifted its holdings in shares of Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after acquiring an additional 277 shares during the last quarter. LexAurum Advisors LLC grew its position in Procter & Gamble by 4.7% in the first quarter. LexAurum Advisors LLC now owns 6,770 shares of the company’s stock worth $1,154,000 after acquiring an additional 305 shares in the last quarter. Perennial Advisors LLC bought a new stake in Procter & Gamble during the first quarter worth approximately $351,000. Finally, Revolve Wealth Partners LLC raised its position in Procter & Gamble by 6.1% during the first quarter. Revolve Wealth Partners LLC now owns 6,547 shares of the company’s stock valued at $1,116,000 after purchasing an additional 377 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on PG. Evercore ISI reiterated an “in-line” rating and issued a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Barclays dropped 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 note on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a research note on Saturday, September 27th. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and set a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $173.11.

Insider Buying and Selling

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the completion of the sale, the insider owned 182,422 shares in the company, valued at $28,689,507.94. This represents a 5.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jon R. Moeller sold 40,119 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 $6,309,515.13. Following the completion of the transaction, the chief executive officer owned 319,375 shares in the company, valued at $50,228,106.25. This represents a 11.16% 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 valued at $18,918,012 over the last ninety days. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Up 0.1%

Shares of PG opened at $152.19 on Monday. The firm has a market capitalization of $356.20 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 4.02 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43. The company has a 50-day moving average of $155.51 and a 200 day moving average of $159.95.

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

Procter & Gamble Announces Dividend

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

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.