Procter & Gamble Company (The) $PG Holdings Boosted by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 15.2% during the third quarter, Holdings Channel reports. The institutional investor owned 131,794 shares of the company’s stock after purchasing an additional 17,395 shares during the period. Vise Technologies Inc.’s holdings in Procter & Gamble were worth $19,147,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Investment Partners LTD. raised its stake in shares of Procter & Gamble by 91.7% during the third quarter. Investment Partners LTD. now owns 15,959 shares of the company’s stock valued at $2,319,000 after acquiring an additional 7,635 shares in the last quarter. Summit Global Investments grew its position in shares of Procter & Gamble by 47.5% during the 3rd quarter. Summit Global Investments now owns 20,089 shares of the company’s stock valued at $2,919,000 after acquiring an additional 6,472 shares during the period. Sagace Wealth Management LLC grew its holdings in shares of Procter & Gamble by 12.8% during the third quarter. Sagace Wealth Management LLC now owns 2,039 shares of the company’s stock worth $296,000 after buying an additional 232 shares in the last quarter. Americana Partners LLC raised its stake in Procter & Gamble by 4.5% during the third quarter. Americana Partners LLC now owns 80,071 shares of the company’s stock worth $11,633,000 after purchasing an additional 3,412 shares during the period. Finally, Fusion Capital LLC lifted its holdings in shares of Procter & Gamble by 9.4% in the 3rd quarter. Fusion Capital LLC now owns 2,056 shares of the company’s stock worth $299,000 after acquiring an additional 177 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Up 0.5%

Shares of NYSE PG opened at $161.42 on Friday. The firm’s 50-day moving average is $149.99 and its 200-day moving average is $148.94. The firm has a market capitalization of $374.14 billion, a PE ratio of 24.31, a price-to-earnings-growth ratio of 3.97 and a beta of 0.39. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The company had revenue of $23.28 billion during the quarter, compared to the consensus estimate of $22.80 billion. During the same period in the prior year, the company earned $1.99 earnings per share. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. Equities analysts expect that Procter & Gamble Company will post 6.99 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a $1.0885 dividend. The ex-dividend date is Friday, October 23rd. This represents a $4.35 annualized dividend and a yield of 2.7%. Procter & Gamble’s dividend payout ratio (DPR) is currently 65.51%.

Insider Buying and Selling

In other news, CEO Paul Gama sold 4,331 shares of the company’s stock in a transaction dated Friday, October 23rd. The stock was sold at an average price of $161.27, for a total value of $698,460.37. Following the completion of the transaction, the chief executive officer directly owned 46,793 shares in the company, valued at approximately $7,546,307.11. This represents a 8.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Balaji Purushothaman sold 4,181 shares of the company’s stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $160.71, for a total value of $671,928.51. Following the completion of the sale, the insider directly owned 11,296 shares in the company, valued at approximately $1,815,380.16. The trade was a 27.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 58,647 shares of company stock valued at $9,268,508 over the last 90 days. 0.23% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

PG has been the subject of a number of research reports. DZ Bank cut shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 27th. Evercore raised Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target for the company in a research report on Tuesday, October 6th. TD Cowen increased their target price on Procter & Gamble from $150.00 to $166.00 and gave the company a “hold” rating in a research note on Friday, October 23rd. Sanford C. Bernstein restated a “market perform” rating and issued a $149.00 price target on shares of Procter & Gamble in a research note on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Procter & Gamble in a research note on Friday, October 23rd. Fifteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $170.57.

Key Stories Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Analyst upgrade: Freedom Broker upgraded PG from “hold” to “buy,” providing a positive signal for the stock and reflecting greater confidence in the company’s outlook. Freedom Broker upgrades Procter & Gamble to buy from hold
• Positive Sentiment: Dividend appeal remains strong: Articles highlighted PG as a long-standing dividend leader, supporting its appeal to income-focused and defensive investors. The company’s record of dividend increases may help underpin demand for the shares, particularly when investors favor stable consumer-staples businesses. Dividend Kings article Trusted dividend stocks article
• Neutral Sentiment: Bond issuance adds balance-sheet context: PG’s euro- and dollar-denominated bond sale provides liquidity and funding flexibility, but it also draws attention to leverage, interest costs, and the company’s relatively elevated valuation. Procter & Gamble bond sale
• Neutral Sentiment: Growth story under review: Commentary on PG points to accelerating revenue growth, while also noting that higher operating costs could pressure margins and earnings. Investors are weighing improved sales momentum against cost inflation. Procter & Gamble revenue growth and costs What changed in Procter & Gamble’s story
• Negative Sentiment: Mixed rating signals and valuation risk: DZ Bank downgraded PG from “strong-buy” to “hold.” With shares trading at a premium valuation, a more cautious analyst stance could weigh on upside unless earnings growth accelerates. DZ Bank rating change
• Negative Sentiment: Advertising challenge produced only a limited win: Following PG’s challenge, the National Advertising Division supported Carpe’s $19.95 reference price but recommended changes or removal of other savings, free-shipping, comparative-performance, and “first” 100-hour protection claims. The outcome may modestly strengthen competitive advertising standards, but it does not represent a material financial catalyst for PG. National Advertising Division decision involving Carpe

About Procter & Gamble

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.