Procter & Gamble Company (The) $PG Stock: Griffith & Werner Inc. Increases Position

Griffith & Werner Inc. lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 12.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 35,602 shares of the company’s stock after purchasing an additional 3,833 shares during the period. Procter & Gamble accounts for about 1.7% of Griffith & Werner Inc.’s holdings, making the stock its 21st biggest position. Griffith & Werner Inc.’s holdings in Procter & Gamble were worth $5,172,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Procter & Gamble in the 2nd quarter valued at about $26,000. Montgomery Financial Services LLC bought a new position in shares of Procter & Gamble during the 2nd quarter worth approximately $28,000. Paladin Partners LLC bought a new position in shares of Procter & Gamble during the 2nd quarter worth approximately $29,000. Evergreen Advisors LLC purchased a new position in shares of Procter & Gamble in the 1st quarter worth approximately $37,000. Finally, Toews Corp ADV purchased a new position in shares of Procter & Gamble in the 2nd quarter worth approximately $37,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Stock Down 0.1%

PG opened at $165.31 on Monday. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 0.40. The stock has a market cap of $383.15 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 4.07 and a beta of 0.36. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $170.52. The company’s 50-day moving average price is $152.01 and its two-hundred day moving average price is $149.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The company had revenue of $23.28 billion during the quarter, compared to analyst estimates of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. Procter & Gamble’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.99 EPS. As a group, equities analysts expect that Procter & Gamble Company will post 6.99 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s dividend payout ratio (DPR) is currently 65.51%.

Wall Street Analysts Forecast Growth

PG has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on Procter & Gamble from $162.00 to $180.00 and gave the company an “overweight” rating in a research report on Friday, October 23rd. Freedom Broker upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 price target on the stock in a report on Friday, October 23rd. Wells Fargo & Company boosted their price objective on Procter & Gamble from $164.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, October 23rd. BNP Paribas Exane upped their price objective on Procter & Gamble from $177.00 to $189.00 and gave the company an “outperform” rating in a research note on Friday, October 23rd. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $149.00 target price on shares of Procter & Gamble in a research report on Monday, August 24th. Fifteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $170.57.

Insiders Place Their Bets

In other news, CAO Matthew Janzaruk sold 9,479 shares of the company’s stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total transaction of $1,545,077.00. Following the transaction, the chief accounting officer owned 1,271 shares of the company’s stock, valued at $207,173. This represents a 88.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Victor Aguilar sold 18,812 shares of the stock in a transaction on Friday, October 30th. The stock was sold at an average price of $164.43, for a total value of $3,093,257.16. Following the transaction, the insider owned 55,243 shares of the company’s stock, valued at $9,083,606.49. The trade was a 25.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 161,709 shares of company stock valued at $26,244,058. Company insiders own 0.23% of the company’s stock.

More Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: P&G has raised its dividend for 70 consecutive years. Its quarterly payout is about $1.09 per share, equivalent to a roughly 2.6% yield, supporting the stock’s appeal to income-focused investors. Article: P&G dividend history and yield
• Positive Sentiment: Recent coverage points to investor interest in consumer-staples stocks as technology shares weaken. P&G may benefit from its defensive profile and dividend reputation. Article: Consumer staples rotation
• Neutral Sentiment: Zacks Research made mixed earnings-estimate changes: it lowered several forecasts for 2027 and 2028, while modestly raising some later-period estimates. The mixed revisions offer no clear overall change in the longer-term outlook. Procter & Gamble analyst estimates
• Neutral Sentiment: Management will discuss strategy and P&G’s long-term transformation at an Investor Day webcast on November 19; investors may look for updates on growth and execution. Article: P&G Investor Day webcast
• Negative Sentiment: CFO Andre Schulten sold 33,624 shares for about $5.55 million, reducing his direct stake by roughly 34%. The sale may concern investors, although insider transactions alone do not establish a change in the company’s prospects. Article: CFO share sale

Procter & Gamble Profile