3,696 Shares in Procter & Gamble Company (The) $PG Acquired by Trifecta Capital Advisors LLC

Trifecta Capital Advisors LLC acquired a new stake in Procter & Gamble Company (The) (NYSE:PG) in the 2nd quarter, Holdings Channel reports. The firm acquired 3,696 shares of the company’s stock, valued at approximately $542,000.

A number of other institutional investors also recently bought and sold shares of PG. E Fund Management Hong Kong Co. Ltd. increased its position in shares of Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after buying an additional 150 shares in the last quarter. Park Square Financial Group LLC grew its stake in Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after acquiring an additional 71 shares during the last quarter. Evolution Wealth Management Inc. grew its stake in Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after acquiring an additional 171 shares during the last quarter. Litman Gregory Wealth Management LLC purchased a new position in Procter & Gamble during the 4th quarter valued at about $26,000. Finally, Basso Capital Management L.P. acquired a new position in Procter & Gamble during the fourth quarter worth about $28,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PG has been the topic of several recent research reports. Citigroup reduced their price target on shares of Procter & Gamble from $181.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Barclays lifted their price objective on Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Jefferies Financial Group increased their target price on Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a report on Friday, June 26th. UBS Group raised their price target on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Finally, Wells Fargo & Company upped their price objective on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $161.52.

Procter & Gamble Stock Performance

NYSE:PG opened at $144.47 on Thursday. The firm has a 50 day simple moving average of $147.94 and a 200-day simple moving average of $148.78. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.47. The firm has a market cap of $335.82 billion, a PE ratio of 21.82, a P/E/G ratio of 4.42 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.

Procter & Gamble (NYSE:PG) last announced its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.02. The firm had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. Procter & Gamble’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business earned $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, equities analysts expect that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were issued a dividend of $1.0885 per share. The ex-dividend date was Friday, July 24th. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is 65.71%.

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.