WealthPlan Investment Management LLC Raises Stock Position in Procter & Gamble Company (The) $PG

WealthPlan Investment Management LLC increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 140.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,450 shares of the company’s stock after purchasing an additional 12,532 shares during the period. WealthPlan Investment Management LLC’s holdings in Procter & Gamble were worth $3,074,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after purchasing an additional 2,829,151 shares during the last quarter. State Street Corp raised its holdings in shares of Procter & Gamble by 0.4% during the third quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after purchasing an additional 370,872 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Procter & Gamble by 8.3% during the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock worth $3,510,955,000 after purchasing an additional 1,752,481 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Procter & Gamble by 1.2% during the third quarter. Legal & General Group Plc now owns 16,556,061 shares of the company’s stock worth $2,543,839,000 after purchasing an additional 189,968 shares during the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of Procter & Gamble by 0.4% during the third quarter. Fisher Asset Management LLC now owns 11,008,454 shares of the company’s stock worth $1,691,449,000 after purchasing an additional 40,941 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Activity

In other news, insider Susan Street Whaley sold 1,809 shares of Procter & Gamble stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the sale, the insider owned 30,215 shares in the company, valued at $4,818,083.90. This trade represents a 5.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the sale, the chief executive officer owned 1,029 shares in the company, valued at approximately $170,083.41. This trade represents a 84.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on PG shares. Erste Group Bank cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. TD Cowen raised their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Royal Bank Of Canada dropped their price target on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research report on Thursday, April 9th. Finally, BNP Paribas Exane dropped their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, April 23rd. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $161.06.

Procter & Gamble Stock Down 0.7%

PG stock opened at $141.68 on Friday. The firm has a market cap of $329.91 billion, a PE ratio of 20.71, a P/E/G ratio of 6.07 and a beta of 0.41. 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 firm’s fifty day moving average is $146.10 and its 200 day moving average is $148.21. Procter & Gamble Company has a one year low of $137.62 and a one year high of $170.99.

Procter & Gamble (NYSE:PG) last released its quarterly 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 $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter last year, the business earned $1.54 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is 63.60%.

Procter & Gamble Company 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.