GC Wealth Management RIA LLC Has $3.88 Million Position in Procter & Gamble Company (The) $PG

Key Points

• GC Wealth Management RIA LLC significantly increased its holdings in Procter & Gamble by 185.8% in Q2, owning 24,350 shares valued at approximately $3.88 million at the end of the reporting period.
• Procter & Gamble recently announced a quarterly dividend of $1.0568 per share, representing a 2.8% dividend yield, with a payout ratio of 64.98%.
• Brokerage analysts generally view Procter & Gamble positively, with a consensus rating of "Moderate Buy" and a target price of approximately $173.68.

GC Wealth Management RIA LLC raised its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 185.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,350 shares of the company's stock after buying an additional 15,829 shares during the period. GC Wealth Management RIA LLC's holdings in Procter & Gamble were worth $3,879,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nova Wealth Management Inc. acquired a new position in Procter & Gamble during the first quarter worth $26,000. Signature Resources Capital Management LLC increased its holdings in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock worth $28,000 after buying an additional 72 shares during the last quarter. Quarry LP acquired a new position in shares of Procter & Gamble during the 1st quarter worth about $33,000. Mizuho Securities Co. Ltd. increased its stake in shares of Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock worth $34,000 after purchasing an additional 170 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. increased its stake in shares of Procter & Gamble by 50.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company's stock worth $42,000 after purchasing an additional 82 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PG. Barclays set a $164.00 price target on Procter & Gamble and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. BNP Paribas Exane lowered their price target on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating on the stock in a research report on Tuesday, September 23rd. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. Berenberg Bank boosted their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a "hold" rating in a report on Wednesday, September 17th. Finally, BNP Paribas reiterated an "outperform" rating and issued a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $173.68.

Insider Activity

In other Procter & Gamble news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. This represents a 18.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Marc S. Pritchard sold 9,849 shares of the 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 $1,548,952.23. Following the sale, the insider directly owned 182,422 shares in the company, valued at $28,689,507.94. This represents a 5.12% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 120,181 shares of company stock worth $18,918,012. Insiders own 0.20% of the company's stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $152.44 on Monday. 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 stock's fifty day moving average price is $156.00 and its two-hundred day moving average price is $160.49. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The firm has a market cap of $356.78 billion, a price-to-earnings ratio of 23.42, a P/E/G ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating 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 analyst estimates of $20.79 billion. During the same period in the prior year, the firm posted $1.40 EPS. The company's revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm 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. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble's dividend payout ratio is presently 64.98%.

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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