CreativeOne Wealth LLC Acquires 7,909 Shares of Procter & Gamble Company (The) $PG

Key Points

• CreativeOne Wealth LLC increased its holdings in Procter & Gamble by 20.2% in Q1, owning 47,096 shares worth $8,026,000.
• Various institutional investors have significantly adjusted their positions in Procter & Gamble, with Brighton Jones LLC increasing its stake by 51.5% and Bank Pictet & Cie Europe AG by an impressive 493.6%.
• Procter & Gamble reported a Q1 EPS of $1.48, exceeding estimates, and announced a quarterly dividend of $1.0568 per share, yielding 2.7% annually.

CreativeOne Wealth LLC raised its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 20.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 47,096 shares of the company's stock after acquiring an additional 7,909 shares during the quarter. CreativeOne Wealth LLC's holdings in Procter & Gamble were worth $8,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PG. Brighton Jones LLC boosted its stake in Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after acquiring an additional 13,617 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its stake in Procter & Gamble by 493.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company's stock valued at $57,294,000 after acquiring an additional 284,174 shares during the last quarter. Utah Retirement Systems boosted its stake in Procter & Gamble by 0.3% in the fourth quarter. Utah Retirement Systems now owns 391,499 shares of the company's stock valued at $65,635,000 after acquiring an additional 1,000 shares during the last quarter. Voleon Capital Management LP purchased a new position in Procter & Gamble in the fourth quarter valued at about $3,778,000. Finally, Connors Investor Services Inc. lifted its stake in shares of Procter & Gamble by 115.7% during the 4th quarter. Connors Investor Services Inc. now owns 20,982 shares of the company's stock valued at $3,518,000 after buying an additional 11,255 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Price Performance

NYSE PG traded up $1.48 on Friday, hitting $157.13. The stock had a trading volume of 5,317,408 shares, compared to its average volume of 6,701,783. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The company has a market capitalization of $368.07 billion, a price-to-earnings ratio of 24.14, a price-to-earnings-growth ratio of 4.11 and a beta of 0.37. The firm has a 50-day moving average of $156.55 and a 200-day moving average of $162.55.

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. The firm had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business's quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a dividend yield of 2.7%. Procter & Gamble's dividend payout ratio (DPR) is 64.98%.

Insider Activity

In related news, CEO Ma. Fatima Francisco sold 9,100 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,431,157.00. Following the transaction, the chief executive officer owned 27,295 shares of the company's stock, valued at approximately $4,292,684.65. This trade represents a 25.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sundar G. Raman sold 9,554 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the transaction, the chief executive officer directly owned 41,886 shares in the company, valued at approximately $6,624,689.76. This represents a 18.57% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 120,181 shares of company stock worth $18,918,012. Corporate insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on PG shares. Evercore ISI restated an "in-line" rating and set a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. BNP Paribas restated an "outperform" rating and set a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. 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. Redburn Atlantic cut shares of Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price target on the stock. in a research note on Thursday, May 1st. Finally, JPMorgan Chase & Co. restated a "neutral" rating and set a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Procter & Gamble currently has an average rating of "Moderate Buy" and a consensus target price of $175.12.

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.