Walled Lake Planning & Wealth Management LLC Acquires 580 Shares of Procter & Gamble Company (The) $PG

Walled Lake Planning & Wealth Management LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 8.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,678 shares of the company’s stock after buying an additional 580 shares during the quarter. Walled Lake Planning & Wealth Management LLC’s holdings in Procter & Gamble were worth $1,223,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Prudential Financial Inc. grew its stake in Procter & Gamble by 0.4% during the second quarter. Prudential Financial Inc. now owns 1,825,747 shares of the company’s stock valued at $290,878,000 after acquiring an additional 7,503 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in shares of Procter & Gamble by 14.2% during the 2nd quarter. Coldstream Capital Management Inc. now owns 98,972 shares of the company’s stock valued at $15,768,000 after purchasing an additional 12,324 shares during the last quarter. Left Brain Wealth Management LLC purchased a new position in shares of Procter & Gamble during the second quarter valued at about $1,611,000. Legacy Financial Group Inc. increased its holdings in shares of Procter & Gamble by 15.3% in the second quarter. Legacy Financial Group Inc. now owns 1,778 shares of the company’s stock worth $283,000 after purchasing an additional 236 shares during the last quarter. Finally, Sierra Summit Advisors LLC lifted its position in shares of Procter & Gamble by 89.3% in the second quarter. Sierra Summit Advisors LLC now owns 9,956 shares of the company’s stock worth $1,586,000 after buying an additional 4,697 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 1.8%

NYSE PG opened at $150.84 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a 52 week low of $144.09 and a 52 week high of $180.43. The firm has a market capitalization of $352.47 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 3.87 and a beta of 0.36. The company has a fifty day moving average of $150.75 and a two-hundred day moving average of $156.14.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion during 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 business’s revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the business earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s payout ratio is currently 61.61%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Berenberg Bank lifted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. JPMorgan Chase & Co. boosted their price target on shares of Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, October 27th. BNP Paribas reaffirmed an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Raymond James Financial dropped their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Finally, UBS Group decreased their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $171.53.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CFO Andre Schulten sold 4,252 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $647,281.96. Following the transaction, the chief financial officer directly owned 53,992 shares in the company, valued at $8,219,202.16. This represents a 7.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $606,788.78. Following the sale, the chief operating officer directly owned 46,899 shares of the company’s stock, valued at $7,139,434.77. This represents a 7.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 31,308 shares of company stock valued at $4,768,692. Company insiders own 0.20% of the company’s stock.

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.