Calton & Associates Inc. Purchases 2,185 Shares of Procter & Gamble Company (The) $PG

Key Points

• Calton & Associates Inc. has increased its holdings in Procter & Gamble by 89.9%, purchasing an additional 2,185 shares, which brings their total shares to 4,615 valued at $786,000.
• Procter & Gamble reported earnings of $1.48 per share, exceeding analysts' estimates, alongside a quarterly revenue of $20.89 billion, indicating a 1.7% increase year-over-year.
• The company recently announced a quarterly dividend of $1.0568, translating to an annual yield of 2.7%, with a payout ratio of 64.98%.

Calton & Associates Inc. increased its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 89.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,615 shares of the company's stock after purchasing an additional 2,185 shares during the quarter. Calton & Associates Inc.'s holdings in Procter & Gamble were worth $786,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Capital A Wealth Management LLC bought a new stake in Procter & Gamble during the 4th quarter valued at $31,000. 10Elms LLP bought a new stake in Procter & Gamble during the 4th quarter valued at $34,000. Sunbeam Capital Management LLC bought a new stake in Procter & Gamble during the 4th quarter valued at $34,000. Mizuho Securities Co. Ltd. boosted its position in Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after acquiring an additional 170 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. boosted its position in Procter & Gamble by 50.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company's stock valued at $42,000 after acquiring an additional 82 shares in the last quarter. Institutional investors own 65.77% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on PG shares. Barclays set a $164.00 target price on Procter & Gamble and gave the company an "equal weight" rating in a research report on Thursday, July 31st. UBS Group set a $180.00 target price on Procter & Gamble and gave the company a "buy" rating in a research report on Wednesday, July 30th. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Wells Fargo & Company decreased their price objective on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a report on Wednesday, July 30th. Finally, Evercore ISI reiterated an "in-line" rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $175.12.

Procter & Gamble Stock Performance

Shares of PG stock opened at $157.13 on Friday. The firm has a market capitalization of $368.07 billion, a price-to-earnings ratio of 24.14, a price-to-earnings-growth ratio of 4.14 and a beta of 0.37. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The business has a fifty day moving average of $156.55 and a 200 day moving average of $162.50. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.42 by $0.06. The company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm's quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the business posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts expect 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 $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 dividend payout ratio (DPR) is 64.98%.

Insider Buying and Selling

In related news, CEO Gary A. Coombe sold 10,194 shares of the firm's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the transaction, the chief executive officer owned 34,978 shares in the company, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Shailesh Jejurikar sold 13,039 shares of the firm'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 $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 position. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 over the last three months. Corporate insiders own 0.18% 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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