Strategies Wealth Advisors LLC Buys 2,439 Shares of Procter & Gamble Company (The) $PG

Key Points

• Strategies Wealth Advisors LLC significantly increased its stake in Procter & Gamble by 127.8% during the first quarter, owning 4,347 shares valued at $741,000 as of its latest SEC filing.
• Procter & Gamble reported a Q2 EPS of $1.48, surpassing estimates, with revenue reaching $20.89 billion, above expectations of $20.79 billion.
• Insider sales were notable, with CFO Andre Schulten and CEO Ma. Fatima Francisco decreasing their holdings by 18.11% and 25.00%, respectively.

Strategies Wealth Advisors LLC increased its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 127.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,347 shares of the company's stock after acquiring an additional 2,439 shares during the period. Strategies Wealth Advisors LLC's holdings in Procter & Gamble were worth $741,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of PG. Navigoe LLC bought a new stake in Procter & Gamble during the 4th quarter worth approximately $31,000. Capital A Wealth Management LLC bought a new stake in Procter & Gamble during the 4th quarter worth approximately $31,000. 10Elms LLP bought a new stake in Procter & Gamble during the 4th quarter worth approximately $34,000. Sunbeam Capital Management LLC bought a new stake in Procter & Gamble during the 4th quarter worth approximately $34,000. Finally, Mizuho Securities Co. Ltd. increased its holdings in 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 acquiring an additional 170 shares during the period. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Trading Down 0.1%

Shares of NYSE:PG traded down $0.2160 on Friday, reaching $158.5140. 5,796,582 shares of the company traded hands, compared to its average volume of 7,597,783. The business's 50-day simple moving average is $156.79 and its 200 day simple moving average is $162.89. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The stock has a market capitalization of $371.30 billion, a P/E ratio of 24.35, a price-to-earnings-growth ratio of 4.19 and a beta of 0.37. 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 (NYSE:PG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (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 analysts' expectations of $20.79 billion. During the same period last year, the firm earned $1.40 earnings per share. The company's revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors 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 payout ratio is presently 64.98%.

Insider Buying and Selling

In related news, COO Shailesh Jejurikar sold 13,039 shares of Procter & Gamble stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $2,050,643.53. Following the transaction, the chief operating officer directly owned 28,036 shares of the company's stock, valued at $4,409,221.72. The trade was a 31.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the transaction, the chief executive officer directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 119,181 shares of company stock valued at $18,761,172 over the last quarter. Company insiders own 0.18% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. BNP Paribas reissued an "outperform" rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Redburn Partners set a $161.00 price target on shares of Procter & Gamble in a research note on Thursday, May 1st. Erste Group Bank cut shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Piper Sandler boosted their price target on shares of Procter & Gamble from $160.00 to $164.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Finally, Barclays set a $164.00 price target on shares of Procter & Gamble and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $175.94.

About Procter & Gamble

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.