Gladwyn Financial Advisors Inc. Invests $339,000 in Procter & Gamble Company (The) $PG

Key Points

• Gladwyn Financial Advisors Inc. has invested approximately $339,000 in Procter & Gamble Company, acquiring 2,126 shares in the 2nd quarter.
• Procter & Gamble reported a quarterly earnings per share of $1.48, exceeding analysts' expectations of $1.42, with a revenue of $20.89 billion.
• The company declared a quarterly dividend of $1.0568 per share, with an annualized yield of 2.8%, to be paid on November 17th.

Gladwyn Financial Advisors Inc. acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,126 shares of the company's stock, valued at approximately $339,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MOKAN Wealth Management Inc. raised its position in Procter & Gamble by 13.7% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company's stock valued at $2,442,000 after purchasing an additional 1,846 shares during the last quarter. Benjamin Edwards Inc. raised its position in Procter & Gamble by 120.7% in the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company's stock valued at $62,098,000 after purchasing an additional 199,258 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in Procter & Gamble by 13.8% in the 1st quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company's stock valued at $6,426,000 after purchasing an additional 4,562 shares during the last quarter. World Investment Advisors raised its position in Procter & Gamble by 6.0% in the 1st quarter. World Investment Advisors now owns 50,913 shares of the company's stock valued at $8,677,000 after purchasing an additional 2,886 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in Procter & Gamble by 26.4% in the 1st quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company's stock valued at $20,451,000 after purchasing an additional 25,059 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on PG shares. BNP Paribas restated an "outperform" rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. JPMorgan Chase & Co. cut their price objective on shares of Procter & Gamble from $170.00 to $163.00 and set a "neutral" rating for the company in a research report on Friday, October 10th. BNP Paribas Exane cut their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a research report on Tuesday, September 23rd. Weiss Ratings restated a "hold (c+)" rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Finally, Barclays cut their price objective on shares of Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating for the company in a research report on Wednesday, October 1st. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble currently has a consensus rating of "Moderate Buy" and an average price target of $172.21.

Insider Transactions at Procter & Gamble

In related news, insider Balaji Purushothaman sold 490 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $74,592.70. Following the sale, the insider directly owned 12,616 shares of the company's stock, valued at approximately $1,920,533.68. This represents a 3.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Andre Schulten sold 4,252 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $647,281.96. Following the completion of the sale, the chief financial officer directly owned 53,992 shares in the company, valued at approximately $8,219,202.16. The trade was a 7.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 149,763 shares of company stock worth $23,421,279 in the last 90 days. Insiders own 0.20% of the company's stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $151.53 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a fifty-two week low of $146.96 and a fifty-two week high of $180.43. The stock has a market cap of $354.66 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36. The firm's fifty day simple moving average is $154.92 and its 200-day simple moving average is $158.77.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.79 billion. During the same period in the prior year, the company posted $1.40 EPS. The business'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. Analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. 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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