Stillwater Wealth Management Group Buys 2,846 Shares of Procter & Gamble Company (The) (NYSE:PG)

Stillwater Wealth Management Group lifted its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 21.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,007 shares of the company's stock after acquiring an additional 2,846 shares during the quarter. Procter & Gamble comprises approximately 2.4% of Stillwater Wealth Management Group's holdings, making the stock its 23rd largest position. Stillwater Wealth Management Group's holdings in Procter & Gamble were worth $2,728,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Navigoe LLC acquired a new position in shares of Procter & Gamble in the fourth quarter valued at $31,000. Capital A Wealth Management LLC acquired a new position in shares of Procter & Gamble in the fourth quarter valued at $31,000. Hoey Investments Inc. raised its stake in shares of Procter & Gamble by 321.7% in the fourth quarter. Hoey Investments Inc. now owns 194 shares of the company's stock valued at $33,000 after purchasing an additional 148 shares in the last quarter. 10Elms LLP acquired a new position in shares of Procter & Gamble in the fourth quarter valued at $34,000. Finally, Mizuho Securities Co. Ltd. raised its stake in shares of Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after purchasing an additional 170 shares in the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Price Performance

Shares of PG stock traded down $1.54 during trading hours on Friday, hitting $156.95. 8,051,886 shares of the company's stock were exchanged, compared to its average volume of 7,596,124. The stock's 50-day moving average is $161.77 and its 200-day moving average is $164.94. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.71 and a quick ratio of 0.50. The stock has a market cap of $367.98 billion, a price-to-earnings ratio of 24.91, a price-to-earnings-growth ratio of 4.51 and a beta of 0.40. Procter & Gamble Company has a 52 week low of $155.95 and a 52 week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Thursday, April 24th. The company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.53 by $0.01. The company had revenue of $19.78 billion for the quarter, compared to analysts' expectations of $20.42 billion. Procter & Gamble had a return on equity of 32.67% and a net margin of 18.46%. The business's revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.52 earnings per share. As a group, research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, July 18th will be paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Friday, July 18th. Procter & Gamble's dividend payout ratio (DPR) is presently 67.14%.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Jennifer L. Davis sold 1,000 shares of the company's stock in a transaction on Tuesday, April 29th. The stock was sold at an average price of $161.38, for a total transaction of $161,380.00. Following the transaction, the chief executive officer owned 51,965 shares of the company's stock, valued at $8,386,111.70. This represents a 1.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Moses Victor Javier Aguilar sold 10,520 shares of the company's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $158.67, for a total value of $1,669,208.40. Following the transaction, the insider directly owned 25,182 shares in the company, valued at $3,995,627.94. This trade represents a 29.47% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.18% of the company's stock.

Analyst Ratings Changes

PG has been the subject of a number of recent research reports. Barclays restated an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. Truist Financial cut their target price on Procter & Gamble from $185.00 to $180.00 and set a "buy" rating for the company in a research note on Friday, April 25th. Raymond James Financial cut their target price on Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating for the company in a research note on Friday, April 25th. JPMorgan Chase & Co. lowered their price target on Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating on the stock in a research report on Friday, April 11th. Finally, Redburn Atlantic cut Procter & Gamble from a "buy" rating to a "neutral" rating and set a $161.00 price target on the stock. in a research report on Thursday, May 1st. Eight analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $178.45.

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.