The Procter & Gamble Company (NYSE:PG) Stock Holdings Lifted by Cwm LLC

CWM LLC boosted its stake in The Procter & Gamble Company (NYSE:PG - Free Report) by 5.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 438,770 shares of the company's stock after purchasing an additional 23,132 shares during the period. CWM LLC's holdings in Procter & Gamble were worth $64,297,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in PG. Wyrmwood Management LLC acquired a new position in shares of Procter & Gamble in the fourth quarter worth $29,000. Naples Money Management LLC purchased a new stake in shares of Procter & Gamble during the 4th quarter worth $29,000. Criterion Capital Advisors LLC purchased a new stake in shares of Procter & Gamble during the 4th quarter worth $33,000. Mendota Financial Group LLC lifted its position in shares of Procter & Gamble by 636.6% during the 4th quarter. Mendota Financial Group LLC now owns 302 shares of the company's stock worth $44,000 after purchasing an additional 261 shares during the last quarter. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of Procter & Gamble during the 2nd quarter worth $50,000. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 101,704 shares of the company's stock in a transaction dated Wednesday, January 24th. The shares were sold at an average price of $153.57, for a total transaction of $15,618,683.28. Following the transaction, the insider now directly owns 163,428 shares in the company, valued at $25,097,637.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Procter & Gamble news, insider Susan Street Whaley sold 3,865 shares of the company's stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $160.60, for a total transaction of $620,719.00. Following the transaction, the insider now directly owns 11,886 shares in the company, valued at $1,908,891.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Marc S. Pritchard sold 101,704 shares of the company's stock in a transaction dated Wednesday, January 24th. The stock was sold at an average price of $153.57, for a total transaction of $15,618,683.28. Following the transaction, the insider now owns 163,428 shares in the company, valued at $25,097,637.96. The disclosure for this sale can be found here. Insiders have sold a total of 279,063 shares of company stock worth $43,187,745 over the last ninety days. 0.17% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Truist Financial raised shares of Procter & Gamble from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $160.00 to $175.00 in a research report on Monday, March 11th. Barclays lifted their price objective on shares of Procter & Gamble from $165.00 to $168.00 and gave the stock an "overweight" rating in a research report on Friday, April 12th. JPMorgan Chase & Co. reduced their price target on shares of Procter & Gamble from $169.00 to $162.00 and set an "overweight" rating for the company in a research report on Thursday, January 18th. StockNews.com cut shares of Procter & Gamble from a "buy" rating to a "hold" rating in a research report on Thursday, February 29th. Finally, Stifel Nicolaus boosted their price target on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a "hold" rating in a research report on Wednesday, January 24th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $168.53.

Procter & Gamble Stock Performance

Shares of NYSE:PG traded up $0.85 on Friday, reaching $158.14. The company's stock had a trading volume of 12,034,186 shares, compared to its average volume of 6,329,782. The Procter & Gamble Company has a 52-week low of $141.45 and a 52-week high of $163.14. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.64 and a quick ratio of 0.44. The stock's 50-day moving average is $159.14 and its two-hundred day moving average is $152.97. The stock has a market capitalization of $372.11 billion, a P/E ratio of 26.49, a PEG ratio of 3.22 and a beta of 0.44.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Friday, April 19th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.42 by $0.10. Procter & Gamble had a net margin of 17.60% and a return on equity of 34.04%. The business had revenue of $20.20 billion for the quarter, compared to analyst estimates of $20.43 billion. During the same period in the previous year, the business posted $1.37 earnings per share. The business's revenue was up .6% compared to the same quarter last year. As a group, sell-side analysts forecast that The Procter & Gamble Company will post 6.45 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Friday, April 19th will be paid a dividend of $1.0065 per share. This represents a $4.03 dividend on an annualized basis and a dividend yield of 2.55%. This is a positive change from Procter & Gamble's previous quarterly dividend of $0.94. The ex-dividend date is Thursday, April 18th. Procter & Gamble's payout ratio is 67.50%.

Procter & Gamble Company Profile

The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, and SK-II brands.