Bogart Wealth LLC Acquires 1,818 Shares of Procter & Gamble Company (The) $PG

Bogart Wealth LLC lifted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 68,413 shares of the company’s stock after acquiring an additional 1,818 shares during the quarter. Bogart Wealth LLC’s holdings in Procter & Gamble were worth $10,900,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the 1st quarter worth approximately $26,000. Signature Resources Capital Management LLC boosted its stake in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares during the period. Quarry LP bought a new position in shares of Procter & Gamble during the 1st quarter worth approximately $33,000. RMG Wealth Management LLC acquired a new stake in Procter & Gamble during the 2nd quarter worth approximately $37,000. Finally, Quest 10 Wealth Builders Inc. lifted its holdings in Procter & Gamble by 50.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock worth $42,000 after purchasing an additional 82 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on PG shares. UBS Group dropped their price target on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Wells Fargo & Company dropped their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. BNP Paribas Exane dropped their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. BNP Paribas reissued an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Finally, Berenberg Bank lifted their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold 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 $172.21.

Insider Buying and Selling

In related news, CEO Gary A. Coombe sold 10,194 shares of the business’s 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 sale, the chief executive officer owned 34,978 shares in the company, valued at $5,532,120.48. The trade was a 22.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Jon R. Moeller sold 40,119 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $6,309,515.13. Following the sale, the chief executive officer owned 319,375 shares in the company, valued at $50,228,106.25. This represents a 11.16% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 149,763 shares of company stock worth $23,421,279. 0.20% of the stock is owned by company insiders.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $151.53 on Monday. The stock has a market capitalization of $354.66 billion, a PE ratio of 23.28, a P/E/G ratio of 4.02 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The business has a fifty day moving average price of $154.92 and a two-hundred day moving average price of $158.67. Procter & Gamble Company has a fifty-two week low of $146.96 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.06. The firm had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be paid a $1.0568 dividend. The ex-dividend date is Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.98%.

Procter & Gamble Company 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.