Secure Asset Management LLC Raises Holdings in Procter & Gamble Company (The) $PG

Secure Asset Management LLC grew its holdings in Procter & Gamble Company (The) (NYSE:PG) by 29.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,127 shares of the company’s stock after buying an additional 4,120 shares during the quarter. Secure Asset Management LLC’s holdings in Procter & Gamble were worth $2,777,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares during the period. Taylor Financial Group Inc. increased its holdings in Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after buying an additional 277 shares in the last quarter. Algert Global LLC lifted its position in shares of Procter & Gamble by 8.0% during the 1st quarter. Algert Global LLC now owns 5,410 shares of the company’s stock valued at $922,000 after acquiring an additional 400 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in shares of Procter & Gamble by 41.7% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,620 shares of the company’s stock worth $1,810,000 after acquiring an additional 3,126 shares in the last quarter. Finally, AlphaQuest LLC acquired a new stake in shares of Procter & Gamble in the 1st quarter worth approximately $228,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $144.39 on Friday. The company has a 50-day simple moving average of $147.32 and a 200-day simple moving average of $153.46. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. The company has a market cap of $337.41 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 4.86 and a beta of 0.39. Procter & Gamble Company has a 12 month low of $138.14 and a 12 month high of $179.99.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. Procter & Gamble’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were issued a dividend of $1.0568 per share. The ex-dividend date was Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is 61.75%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on PG. Bank of America decreased their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. Berenberg Bank raised their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. BNP Paribas Exane reduced their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a research note on Thursday. Thirteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $171.38.

Insiders Place Their Bets

In related news, insider Susan Street Whaley sold 2,408 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $366,569.84. Following the completion of the transaction, the insider directly owned 31,770 shares in the company, valued at approximately $4,836,347.10. This represents a 7.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Shailesh Jejurikar sold 3,986 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $606,788.78. Following the completion of the sale, the chief operating officer directly owned 46,899 shares in the company, valued at approximately $7,139,434.77. The trade was a 7.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 30,308 shares of company stock valued at $4,611,852. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Profile

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.