Procter & Gamble Company (The) $PG Shares Acquired by Maia Wealth LLC

Maia Wealth LLC raised its stake in Procter & Gamble Company (The) (NYSE:PG) by 39.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,901 shares of the company’s stock after acquiring an additional 1,676 shares during the period. Maia Wealth LLC’s holdings in Procter & Gamble were worth $940,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in PG. Nova Wealth Management Inc. acquired a new stake in shares of Procter & Gamble in the first quarter valued at approximately $26,000. Signature Resources Capital Management LLC boosted its holdings in 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 in the last quarter. Quarry LP acquired a new position in Procter & Gamble during the first quarter worth $33,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Procter & Gamble during the 2nd quarter worth $34,000. Finally, RMG Wealth Management LLC purchased a new position in Procter & Gamble in the second quarter valued at about $37,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Stock Down 0.1%

PG stock opened at $148.36 on Thursday. 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 firm’s 50-day simple moving average is $150.12 and its 200 day simple moving average is $155.91. The stock has a market cap of $346.68 billion, a PE ratio of 21.66, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a fifty-two week low of $144.09 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm’s revenue was up 3.0% compared to the same quarter last year. During the same period last year, the firm earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, sell-side analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

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

Analyst Upgrades and Downgrades

PG has been the subject of several research reports. Bank of America cut their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. JPMorgan Chase & Co. upped 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. Dbs Bank raised shares of Procter & Gamble to a “moderate buy” rating in a research report on Tuesday, October 28th. Raymond James Financial decreased their target price on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Finally, 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. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $171.53.

Insiders Place Their Bets

In related news, insider Susan Street Whaley sold 2,408 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $366,569.84. Following the completion of the transaction, the insider owned 31,770 shares of the company’s stock, valued at $4,836,347.10. This trade represents a 7.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Shailesh Jejurikar sold 3,986 shares of the 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 approximately $7,139,434.77. This represents a 7.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 31,308 shares of company stock valued at $4,768,692. 0.20% of the stock is currently owned by insiders.

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.