RDA Financial Network Has $1.26 Million Stock Holdings in Procter & Gamble Company (The) $PG

Key Points

• RDA Financial Network increased its holdings in Procter & Gamble by 323.8% in Q2, bringing its total value to approximately $1.26 million.
• Procter & Gamble recently reported better-than-expected earnings, with $1.48 per share, exceeding the consensus estimate of $1.42.
• Several analysts have adjusted their price targets for Procter & Gamble, with a consensus target price now at $175.12, indicating a moderate buy rating on the stock.

RDA Financial Network grew its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 323.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,904 shares of the company's stock after buying an additional 6,039 shares during the quarter. RDA Financial Network's holdings in Procter & Gamble were worth $1,259,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in PG. Brighton Jones LLC grew its holdings in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock worth $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Bank Pictet & Cie Europe AG grew its holdings in shares of Procter & Gamble by 493.6% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company's stock worth $57,294,000 after purchasing an additional 284,174 shares during the last quarter. Triumph Capital Management grew its holdings in shares of Procter & Gamble by 102.7% in the 4th quarter. Triumph Capital Management now owns 9,400 shares of the company's stock worth $1,576,000 after purchasing an additional 4,763 shares during the last quarter. Redwood Investment Management LLC grew its holdings in shares of Procter & Gamble by 50.9% in the 4th quarter. Redwood Investment Management LLC now owns 4,626 shares of the company's stock worth $775,000 after purchasing an additional 1,561 shares during the last quarter. Finally, Sentinus LLC grew its holdings in shares of Procter & Gamble by 12.2% in the 4th quarter. Sentinus LLC now owns 2,405 shares of the company's stock worth $403,000 after purchasing an additional 262 shares during the last quarter. Institutional investors own 65.77% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. JPMorgan Chase & Co. reissued a "neutral" rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. BNP Paribas reissued an "outperform" rating and set a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Finally, Barclays set a $164.00 price objective on shares of Procter & Gamble and gave the stock an "equal weight" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $175.12.

Procter & Gamble Stock Down 0.4%

Shares of NYSE PG opened at $158.02 on Friday. The firm has a market capitalization of $369.85 billion, a PE ratio of 24.27, a price-to-earnings-growth ratio of 4.19 and a beta of 0.36. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The firm's 50-day moving average is $156.21 and its 200-day moving average is $161.84.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.06. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's dividend payout ratio (DPR) is 64.98%.

Insiders Place Their Bets

In related news, CEO Jennifer L. Davis sold 8,596 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 value of $1,351,892.92. Following the sale, the chief executive officer directly owned 64,991 shares in the company, valued at $10,221,134.57. This trade represents a 11.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Sundar G. Raman sold 9,554 shares of the stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,511,060.64. Following the completion of the sale, the chief executive officer owned 41,886 shares in the company, valued at $6,624,689.76. This represents a 18.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock worth $18,918,012 over the last ninety days. Company insiders own 0.20% of the company's stock.

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.

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