Signal Advisors Wealth LLC Raises Stock Position in Procter & Gamble Company (The) $PG

Signal Advisors Wealth LLC grew its stake in Procter & Gamble Company (The) (NYSE:PG) by 45.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,346 shares of the company’s stock after purchasing an additional 10,702 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Procter & Gamble were worth $4,961,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Procter & Gamble in the 1st quarter valued at approximately $117,000. Sovereign Financial Group Inc. raised its holdings in Procter & Gamble by 2.4% in the first quarter. Sovereign Financial Group Inc. now owns 7,577 shares of the company’s stock worth $1,094,000 after purchasing an additional 180 shares in the last quarter. Defined Wealth Management LLC lifted its position in Procter & Gamble by 8.5% during the first quarter. Defined Wealth Management LLC now owns 1,591 shares of the company’s stock valued at $230,000 after buying an additional 125 shares during the period. Bell Investment Advisors Inc lifted its position in Procter & Gamble by 498.6% during the first quarter. Bell Investment Advisors Inc now owns 18,819 shares of the company’s stock valued at $2,718,000 after buying an additional 15,675 shares during the period. Finally, Cornell Pochily Investment Advisors Inc. boosted its holdings in shares of Procter & Gamble by 3.8% during the 1st quarter. Cornell Pochily Investment Advisors Inc. now owns 31,827 shares of the company’s stock valued at $4,597,000 after buying an additional 1,166 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 2.3%

PG stock opened at $151.11 on Wednesday. The stock has a market capitalization of $351.87 billion, a P/E ratio of 22.09, a P/E/G ratio of 6.42 and a beta of 0.39. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $167.25. The business has a fifty day moving average price of $145.57 and a 200-day moving average price of $147.85.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data 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 return on equity of 32.00% and a net margin of 19.16%.The company had revenue of $21.23 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same period last year, the firm posted $1.54 earnings per share. Procter & Gamble’s revenue 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. Equities analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were paid a $1.0885 dividend. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Analyst Ratings Changes

Several brokerages recently issued reports on PG. BNP Paribas Exane decreased their price target on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Raymond James Financial cut their price objective on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. TD Cowen lifted their target price on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a report on Monday, April 27th. Rothschild & Co Redburn dropped their price target on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a research report on Monday, April 27th. Finally, Morgan Stanley reduced their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $160.78.

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.