Barry Investment Advisors LLC Buys 2,816 Shares of Procter & Gamble Company (The) $PG

Key Points

• Barry Investment Advisors LLC increased its stake in Procter & Gamble by 67.4%, acquiring an additional 2,816 shares to hold a total of 6,994 shares valued at approximately $1,114,000.
• Procter & Gamble recently reported an earnings per share (EPS) of $1.48 for the quarter, beating the consensus estimate of $1.42, with a year-over-year revenue growth of 1.7%.
• The company declared a quarterly dividend of $1.0568 per share, which reflects an annualized dividend yield of 2.8% and a payout ratio of 64.98%.

Barry Investment Advisors LLC raised its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 67.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,994 shares of the company's stock after purchasing an additional 2,816 shares during the quarter. Barry Investment Advisors LLC's holdings in Procter & Gamble were worth $1,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Benjamin Edwards Inc. lifted its position in Procter & Gamble by 120.7% during the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company's stock valued at $62,098,000 after purchasing an additional 199,258 shares during the last quarter. Capital Investment Advisory Services LLC lifted its holdings in shares of Procter & Gamble by 13.8% in the 1st quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company's stock worth $6,426,000 after acquiring an additional 4,562 shares during the last quarter. World Investment Advisors lifted its holdings in shares of Procter & Gamble by 6.0% in the 1st quarter. World Investment Advisors now owns 50,913 shares of the company's stock worth $8,677,000 after acquiring an additional 2,886 shares during the last quarter. Concurrent Investment Advisors LLC lifted its holdings in shares of Procter & Gamble by 26.4% in the 1st quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company's stock worth $20,451,000 after acquiring an additional 25,059 shares during the last quarter. Finally, Kelly Financial Services LLC lifted its holdings in shares of Procter & Gamble by 8.7% in the 1st quarter. Kelly Financial Services LLC now owns 1,727 shares of the company's stock worth $294,000 after acquiring an additional 138 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on PG shares. JPMorgan Chase & Co. restated a "neutral" rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. Berenberg Bank boosted their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a "hold" rating in a report on Wednesday, September 17th. Wells Fargo & Company lowered their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a report on Thursday. Finally, Barclays set a $164.00 price target on shares of Procter & Gamble and gave the company an "equal weight" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of "Moderate Buy" and a consensus price target of $173.68.

Procter & Gamble Trading Up 0.2%

NYSE:PG opened at $152.44 on Friday. The company has a fifty day moving average of $156.00 and a 200 day moving average of $160.55. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. 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 firm has a market capitalization of $356.78 billion, a P/E ratio of 23.42, a P/E/G ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) 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 net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same period in the prior year, the business earned $1.40 EPS. The company's revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were issued a $1.0568 dividend. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble's dividend payout ratio is 64.98%.

Insiders Place Their Bets

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of the company's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $6,309,515.13. Following the completion of the transaction, the chief executive officer directly owned 319,375 shares in the company, valued at approximately $50,228,106.25. This represents a 11.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Shailesh Jejurikar sold 13,039 shares of the company's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer owned 28,036 shares of the company's stock, valued at $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 120,181 shares of company stock worth $18,918,012. Company insiders own 0.20% of the company's stock.

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.

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