Capital Analysts LLC Acquires 3,684 Shares of Procter & Gamble Company (The) $PG

Key Points

• Capital Analysts LLC increased its stake in Procter & Gamble by 4.3%, owning 88,775 shares valued at $15,129,000 as of the latest SEC filing.
• Procter & Gamble reported earnings of $1.48 per share for the last quarter, surpassing analysts' expectations of $1.42, with quarterly revenue amounting to $20.89 billion.
• The company recently declared a quarterly dividend of $1.0568, representing an annualized dividend of $4.23 and a yield of 2.7%.

Capital Analysts LLC grew its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 4.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 88,775 shares of the company's stock after purchasing an additional 3,684 shares during the period. Capital Analysts LLC's holdings in Procter & Gamble were worth $15,129,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Unique Wealth LLC raised its holdings in Procter & Gamble by 2.9% during the 1st quarter. Unique Wealth LLC now owns 2,141 shares of the company's stock worth $365,000 after buying an additional 61 shares during the period. Stableford Capital II LLC raised its holdings in Procter & Gamble by 1.1% during the 1st quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock worth $993,000 after buying an additional 61 shares during the period. Bernard Wealth Management Corp. raised its holdings in Procter & Gamble by 20.2% during the 1st quarter. Bernard Wealth Management Corp. now owns 375 shares of the company's stock worth $64,000 after buying an additional 63 shares during the period. B & T Capital Management DBA Alpha Capital Management raised its holdings in Procter & Gamble by 2.3% during the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company's stock worth $476,000 after buying an additional 63 shares during the period. Finally, Kolinsky Wealth Management LLC raised its holdings in Procter & Gamble by 1.1% during the 4th quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company's stock worth $962,000 after buying an additional 64 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on PG shares. Morgan Stanley set a $180.00 target price on Procter & Gamble and gave the company an "overweight" rating in a report on Friday, April 25th. Wells Fargo & Company dropped their target price on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Redburn Partners set a $161.00 target price on Procter & Gamble in a report on Thursday, May 1st. Royal Bank Of Canada upgraded Procter & Gamble from a "sector perform" rating to an "outperform" rating and upped their target price for the company from $164.00 to $177.00 in a report on Friday, April 25th. Finally, UBS Group set a $180.00 target price on Procter & Gamble and gave the company a "buy" rating in a report on Wednesday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, Procter & Gamble presently has an average rating of "Moderate Buy" and a consensus price target of $175.94.

Procter & Gamble Stock Down 0.1%

NYSE:PG traded down $0.2160 during mid-day trading on Friday, reaching $158.5140. The stock had a trading volume of 5,796,582 shares, compared to its average volume of 7,597,930. The business's 50 day moving average is $156.79 and its 200 day moving average is $162.97. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The stock has a market cap of $371.30 billion, a P/E ratio of 24.35, a PEG ratio of 4.19 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.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings data 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 return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter in the prior year, the company posted $1.40 earnings per share. The firm's revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date of this dividend 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 is presently 64.98%.

Insider Activity

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 9,100 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,431,157.00. Following the completion of the sale, the chief executive officer owned 27,295 shares of the company's stock, valued at $4,292,684.65. This represents a 25.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Matthew W. Janzaruk sold 319 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $50,169.13. Following the sale, the chief accounting officer directly owned 1,704 shares of the company's stock, valued at $267,988.08. The trade was a 15.77% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 119,181 shares of company stock valued at $18,761,172. 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.