Diversify Advisory Services LLC Has $4.05 Million Stock Position in Procter & Gamble Company (The) $PG

Diversify Advisory Services LLC lifted its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 1,200.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,270 shares of the company's stock after buying an additional 25,173 shares during the period. Diversify Advisory Services LLC's holdings in Procter & Gamble were worth $4,053,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PG. Carson Advisory Inc. grew its position in Procter & Gamble by 0.5% during the 4th quarter. Carson Advisory Inc. now owns 12,124 shares of the company's stock worth $1,738,000 after acquiring an additional 65 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its position in Procter & Gamble by 1.8% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company's stock valued at $549,000 after purchasing an additional 67 shares during the last quarter. Cowa LLC raised its position in Procter & Gamble by 2.4% in the fourth quarter. Cowa LLC now owns 2,985 shares of the company's stock valued at $428,000 after purchasing an additional 70 shares during the last quarter. KLCM Advisors Inc. boosted its stake in shares of Procter & Gamble by 0.9% during the first quarter. KLCM Advisors Inc. now owns 7,890 shares of the company's stock valued at $1,140,000 after purchasing an additional 70 shares in the last quarter. Finally, Wheelhouse Advisory Group LLC grew its holdings in shares of Procter & Gamble by 1.6% during the fourth quarter. Wheelhouse Advisory Group LLC now owns 4,438 shares of the company's stock worth $639,000 after purchasing an additional 71 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on PG. HSBC reaffirmed a "hold" rating and issued a $149.00 price objective (down from $182.00) on shares of Procter & Gamble in a research note on Thursday, July 30th. BMO Capital Markets lifted their target price on shares of Procter & Gamble from $169.00 to $170.00 and gave the stock an "outperform" rating in a research report on Monday, June 29th. Sanford C. Bernstein assumed coverage on shares of Procter & Gamble in a report on Thursday, June 11th. They set a "market perform" rating and a $156.00 target price on the stock. UBS Group upped their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a "buy" rating in a research report on Monday, April 27th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $164.00 to $162.00 and set an "overweight" rating for the company in a research note on Thursday, July 16th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $161.52.

Procter & Gamble Stock Performance

Shares of PG opened at $144.77 on Monday. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43. The firm's fifty day simple moving average is $147.73 and its two-hundred day simple moving average is $148.66. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The stock has a market capitalization of $336.51 billion, a P/E ratio of 21.87, a price-to-earnings-growth ratio of 4.46 and a beta of 0.39.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.02. The firm had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The business's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company posted $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, analysts predict that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 24th were paid a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble's dividend payout ratio (DPR) is currently 65.71%.

Procter & Gamble Profile

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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