Phoenix Wealth Advisors Has $1.06 Million Position in Procter & Gamble Company (The) $PG

Phoenix Wealth Advisors lowered its holdings in Procter & Gamble Company (The) (NYSE:PG) by 8.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,208 shares of the company’s stock after selling 599 shares during the quarter. Phoenix Wealth Advisors’ holdings in Procter & Gamble were worth $1,058,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Cladis Investment Advisory LLC lifted its stake in Procter & Gamble by 5.2% during the 4th quarter. Cladis Investment Advisory LLC now owns 4,807 shares of the company’s stock valued at $806,000 after acquiring an additional 236 shares in the last quarter. FAS Wealth Partners Inc. lifted its stake in Procter & Gamble by 2.0% during the 4th quarter. FAS Wealth Partners Inc. now owns 27,690 shares of the company’s stock valued at $4,642,000 after acquiring an additional 549 shares in the last quarter. Benjamin Edwards Inc. raised its stake in shares of Procter & Gamble by 120.7% during the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock worth $62,098,000 after purchasing an additional 199,258 shares during the period. Capital Investment Advisory Services LLC raised its stake in shares of Procter & Gamble by 13.8% during the 1st quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company’s stock worth $6,426,000 after purchasing an additional 4,562 shares during the period. Finally, World Investment Advisors raised its stake in shares of Procter & Gamble by 6.0% during the 1st quarter. World Investment Advisors now owns 50,913 shares of the company’s stock worth $8,677,000 after purchasing an additional 2,886 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Down 0.1%

Shares of NYSE PG opened at $158.5140 on Friday. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $371.30 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 4.19 and a beta of 0.37. The business has a 50-day moving average of $156.79 and a 200-day moving average of $162.97.

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

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a $1.0568 dividend. The ex-dividend date was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble’s payout ratio is presently 64.98%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Jennifer L. Davis sold 8,596 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,351,892.92. Following the completion of the sale, the chief executive officer owned 64,991 shares in the company, valued at approximately $10,221,134.57. The trade was a 11.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Matthew W. Janzaruk sold 319 shares of the business’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 value of $50,169.13. Following the completion of the sale, the chief accounting officer owned 1,704 shares of the company’s stock, valued at $267,988.08. The trade was a 15.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 119,181 shares of company stock worth $18,761,172 over the last ninety days. Corporate insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

PG has been the topic of a number of recent analyst reports. Piper Sandler lifted their target price on Procter & Gamble from $160.00 to $164.00 and gave the stock a “neutral” rating in a research note on Monday, May 5th. Barclays set a $164.00 price objective on Procter & Gamble and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Raymond James Financial decreased their price objective on Procter & Gamble from $190.00 to $185.00 and set an “outperform” rating for the company in a report on Friday, April 25th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Finally, Bank of America decreased their price objective on Procter & Gamble from $190.00 to $180.00 and set a “buy” rating for the company in a report on Friday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $175.94.

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.