Farther Finance Advisors LLC Raises Holdings in Procter & Gamble Company (The) $PG

Key Points

• Farther Finance Advisors increased its Procter & Gamble holdings by 17.5% in the second quarter, adding 23,686 shares to own 159,364 shares valued at approximately $23.4 million. Institutional investors collectively own 65.77% of PG.
• Procter & Gamble reported quarterly EPS of $1.43, beating estimates by $0.02, while revenue rose 1.5% year over year to $21.2 billion but fell short of expectations. The company maintained fiscal 2027 EPS guidance of $6.89–$7.11.
• P&G declared a quarterly dividend of $1.0885 per share, representing an annualized payout of $4.35 and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $161.52, above the reported share price of $143.57.

Farther Finance Advisors LLC grew its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 17.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,364 shares of the company's stock after purchasing an additional 23,686 shares during the period. Farther Finance Advisors LLC's holdings in Procter & Gamble were worth $23,374,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Brighton Jones LLC boosted its holdings in shares of Procter & Gamble by 51.5% during the 4th 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. Taylor Financial Group Inc. raised its position in Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company's stock worth $493,000 after acquiring an additional 277 shares during the period. Sivia Capital Partners LLC raised its holdings in Procter & Gamble by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company's stock worth $979,000 after purchasing an additional 1,016 shares during the period. Auxano Advisors LLC increased its position in Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company's stock worth $1,165,000 after buying an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its stake in shares of Procter & Gamble by 2.8% in the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company's stock worth $4,809,000 after buying an additional 809 shares during the period. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $143.57 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68. The firm has a fifty day moving average price of $148.03 and a 200 day moving average price of $148.82. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The firm has a market cap of $333.72 billion, a price-to-earnings ratio of 21.69, a P/E/G ratio of 4.45 and a beta of 0.39.

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

Procter & Gamble Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PG shares. Jefferies Financial Group increased their target price on shares of Procter & Gamble from $177.00 to $179.00 and gave the stock a "buy" rating in a report on Friday, June 26th. Weiss Ratings reissued a "hold (c)" rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. Barclays raised their price objective on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $163.00 target price on shares of Procter & Gamble in a report on Monday, April 27th. Finally, TD Cowen increased their price target on Procter & Gamble from $142.00 to $150.00 and gave the stock a "hold" rating in a research note on Monday, April 27th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and a consensus price target of $161.52.

About Procter & Gamble

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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