Vertrix Wealth Management LLC Invests $4.03 Million in Procter & Gamble Company (The) $PG

Key Points

• Vertrix Wealth Management disclosed a new position in Procter & Gamble, buying 27,906 shares worth about $4.03 million in the first quarter. The stake represents 1.5% of the firm’s portfolio and is its 27th-largest holding.
• Institutional interest in PG remains strong, with hedge funds and other investors holding 65.77% of the company’s stock. Several firms increased their positions during recent quarters.
• Procter & Gamble reported quarterly EPS of $1.59, topping estimates, and raised its quarterly dividend to $1.0885 per share. Analysts currently rate the stock a Moderate Buy with a consensus target price of $161.47.

Vertrix Wealth Management LLC purchased a new position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 27,906 shares of the company's stock, valued at approximately $4,031,000. Procter & Gamble makes up 1.5% of Vertrix Wealth Management LLC's portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC boosted 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 valued at $6,717,000 after buying an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. increased its holdings in Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company's stock worth $493,000 after buying an additional 277 shares during the last quarter. Sivia Capital Partners LLC raised its position in Procter & Gamble by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company's stock worth $979,000 after acquiring an additional 1,016 shares in the last quarter. Auxano Advisors LLC lifted its stake in Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company's stock valued at $1,165,000 after acquiring an additional 714 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in Procter & Gamble by 2.8% in the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company's stock valued at $4,809,000 after acquiring an additional 809 shares during the last quarter. Institutional investors own 65.77% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Raymond James Financial lowered their price objective on shares of Procter & Gamble from $175.00 to $170.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 14th. The Goldman Sachs Group reduced their price target on Procter & Gamble from $159.00 to $155.00 and set a "neutral" rating for the company in a report on Wednesday, April 8th. UBS Group boosted their price target on Procter & Gamble from $166.00 to $172.00 and gave the stock a "buy" rating in a research report on Monday, April 27th. TD Cowen upped their price objective on Procter & Gamble from $142.00 to $150.00 and gave the company a "hold" rating in a research note on Monday, April 27th. Finally, Rothschild & Co Redburn cut their price objective on Procter & Gamble from $157.00 to $155.00 and set a "neutral" rating for the company in a research report on Monday, April 27th. Twelve analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $161.47.

Procter & Gamble Stock Performance

PG opened at $147.45 on Thursday. The firm has a market cap of $343.35 billion, a P/E ratio of 21.56, a price-to-earnings-growth ratio of 6.38 and a beta of 0.39. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The business's fifty day moving average is $146.10 and its 200-day moving average is $148.17.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.23 billion during the quarter, compared to analysts' expectations of $21.52 billion. During the same period in the previous year, the company earned $1.54 EPS. The business's revenue for the quarter was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts expect that Procter & Gamble Company will post 6.9 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were given a $1.0885 dividend. This is an increase from Procter & Gamble's previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, April 24th. Procter & Gamble's dividend payout ratio (DPR) is 63.60%.

About Procter & Gamble

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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