ARS Wealth Advisors Group LLC Buys 2,010 Shares of Procter & Gamble Company (The) $PG

Key Points

• ARS Wealth Advisors Group LLC increased its stake in Procter & Gamble by 1.7%, owning 122,184 shares worth approximately $19.5 million as of the last SEC filing.
• Procter & Gamble's recent quarterly earnings beat expectations, reporting $1.48 EPS, exceeding the consensus estimate of $1.42.
• The company declared a quarterly dividend of $1.0568 per share, reflecting a dividend yield of 2.7% and a payout ratio of 64.98%.

ARS Wealth Advisors Group LLC boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 1.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 122,184 shares of the company's stock after acquiring an additional 2,010 shares during the period. Procter & Gamble accounts for 2.2% of ARS Wealth Advisors Group LLC's portfolio, making the stock its 13th largest position. ARS Wealth Advisors Group LLC's holdings in Procter & Gamble were worth $19,466,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the first quarter worth $26,000. Capital A Wealth Management LLC acquired a new stake in Procter & Gamble in the 4th quarter valued at $31,000. Quarry LP acquired a new stake in Procter & Gamble in the 1st quarter valued at $33,000. 10Elms LLP bought a new stake in shares of Procter & Gamble in the 4th quarter valued at about $34,000. Finally, Mizuho Securities Co. Ltd. raised its holdings in shares of Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after purchasing an additional 170 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the completion of the transaction, the chief executive officer owned 319,375 shares of the company's stock, valued at $50,228,106.25. This trade represents a 11.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Marc S. Pritchard sold 9,849 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 transaction of $1,548,952.23. Following the transaction, the insider directly owned 182,422 shares of the company's stock, valued at $28,689,507.94. This represents a 5.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock valued at $18,918,012 over the last three months. 0.20% of the stock is currently owned by corporate insiders.

Procter & Gamble Price Performance

Procter & Gamble stock traded down $2.88 during mid-day trading on Monday, reaching $153.16. The company had a trading volume of 8,709,573 shares, compared to its average volume of 6,374,748. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week 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 company has a market cap of $358.48 billion, a P/E ratio of 23.53, a P/E/G ratio of 4.12 and a beta of 0.36. The business has a fifty day simple moving average of $156.15 and a 200 day simple moving average of $161.03.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same quarter in the previous year, the business earned $1.40 earnings per share. Procter & Gamble's 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, equities research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current 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 paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's dividend payout ratio (DPR) is currently 64.98%.

Wall Street Analyst Weigh In

PG has been the topic of a number of research analyst reports. Berenberg Bank upped their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a report on Wednesday, September 17th. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. BNP Paribas reiterated an "outperform" rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Evercore ISI reiterated an "in-line" rating and issued a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Finally, UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the company a "buy" rating in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $173.94.

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.