Arista Wealth Management LLC Purchases 9,785 Shares of Procter & Gamble Company (The) $PG

Key Points

• Arista Wealth Management LLC significantly increased its stake in Procter & Gamble by 829.2%, acquiring an additional 9,785 shares and holding a total of 10,965 shares valued at approximately $1.75 million.
• Insider transactions revealed that both the COO and CFO sold shares, with the COO decreasing his position by 31.74% and the CFO reducing his by 18.11%.
• Procter & Gamble announced a quarterly dividend of $1.0568 per share, payable on November 17th, translating to an annualized yield of 2.8%.

Arista Wealth Management LLC raised its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 829.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,965 shares of the company's stock after acquiring an additional 9,785 shares during the period. Arista Wealth Management LLC's holdings in Procter & Gamble were worth $1,747,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of PG. Brighton Jones LLC increased its holdings in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after buying an additional 13,617 shares during the period. Taylor Financial Group Inc. boosted its position in shares of Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company's stock valued at $493,000 after acquiring an additional 277 shares in the last quarter. GAMMA Investing LLC increased its stake in Procter & Gamble by 22.4% in the first quarter. GAMMA Investing LLC now owns 46,658 shares of the company's stock valued at $7,951,000 after acquiring an additional 8,537 shares during the period. Summit Wealth Group LLC raised its position in Procter & Gamble by 11.2% in the first quarter. Summit Wealth Group LLC now owns 7,437 shares of the company's stock worth $1,267,000 after purchasing an additional 752 shares in the last quarter. Finally, CWA Asset Management Group LLC lifted its stake in Procter & Gamble by 44.5% during the first quarter. CWA Asset Management Group LLC now owns 65,686 shares of the company's stock worth $11,194,000 after purchasing an additional 20,239 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Transactions at Procter & Gamble

In other news, COO Shailesh Jejurikar sold 13,039 shares of Procter & Gamble stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $2,050,643.53. Following the completion of the sale, the chief operating officer directly owned 28,036 shares of the company's stock, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andre Schulten sold 11,638 shares of the business's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,830,308.26. Following the sale, the chief financial officer owned 52,642 shares of the company's stock, valued at approximately $8,279,007.34. The trade was a 18.11% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 149,763 shares of company stock worth $23,421,279. Corporate insiders own 0.20% of the company's stock.

Procter & Gamble Stock Up 1.4%

Shares of NYSE PG opened at $149.50 on Friday. Procter & Gamble Company has a 12-month low of $146.96 and a 12-month high of $180.43. The firm's 50-day simple moving average is $154.96 and its 200 day simple moving average is $158.97. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The company has a market cap of $349.90 billion, a price-to-earnings ratio of 22.96, a price-to-earnings-growth ratio of 3.91 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.79 billion. During the same quarter last year, the company posted $1.40 EPS. The company's quarterly revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research 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 disclosed a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be issued a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble's dividend payout ratio is currently 64.98%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PG. Weiss Ratings reissued a "hold (c+)" rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Bank of America lowered their price target on Procter & Gamble from $180.00 to $174.00 and set a "buy" rating on the stock in a research report on Wednesday, October 8th. JPMorgan Chase & Co. reduced their target price on shares of Procter & Gamble from $170.00 to $163.00 and set a "neutral" rating on the stock in a research note on Friday, October 10th. UBS Group lowered their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a "buy" rating on the stock in a report on Wednesday, October 8th. Finally, Evercore ISI reissued an "in-line" rating and set a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $172.21.

Procter & Gamble 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.

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