Creekmur Asset Management LLC Buys 4,552 Shares of Procter & Gamble Company (The) $PG

Creekmur Asset Management LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 45.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 14,593 shares of the company’s stock after purchasing an additional 4,552 shares during the quarter. Creekmur Asset Management LLC’s holdings in Procter & Gamble were worth $2,325,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in PG. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the 1st quarter worth about $26,000. Signature Resources Capital Management LLC increased its holdings in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the period. Quarry LP bought a new position in shares of Procter & Gamble during the 1st quarter worth about $33,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of Procter & Gamble during the 2nd quarter worth about $34,000. Finally, RMG Wealth Management LLC bought a new position in shares of Procter & Gamble during the 2nd quarter worth about $37,000. Institutional investors own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other news, CEO Jon R. Moeller sold 40,119 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the transaction, the chief executive officer directly owned 319,375 shares in the company, valued at approximately $50,228,106.25. This represents a 11.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the transaction, the chief executive officer owned 34,978 shares in the company, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 150,488 shares of company stock valued at $23,529,718. 0.20% of the stock is owned by company insiders.

Analyst Ratings Changes

PG has been the topic of several recent research reports. JPMorgan Chase & Co. lifted their target price on shares of Procter & Gamble from $163.00 to $165.00 and gave the company a “neutral” rating in a research report on Monday. BNP Paribas Exane decreased their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research report on Monday. Wells Fargo & Company decreased their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Finally, BNP Paribas reiterated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.53.

Procter & Gamble Price Performance

NYSE:PG opened at $149.56 on Friday. The firm has a market cap of $349.47 billion, a PE ratio of 21.83, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 12 month low of $146.96 and a 12 month high of $180.43. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average price is $154.04 and its two-hundred day moving average price is $158.03.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be given a $1.0568 dividend. The ex-dividend date is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s payout ratio is 61.75%.

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.