Procter & Gamble Company (The) $PG is Ritter Daniher Financial Advisory LLC DE’s 10th Largest Position

Ritter Daniher Financial Advisory LLC DE boosted its stake in Procter & Gamble Company (The) (NYSE:PG) by 18.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 79,852 shares of the company’s stock after purchasing an additional 12,449 shares during the period. Procter & Gamble comprises approximately 2.2% of Ritter Daniher Financial Advisory LLC DE’s portfolio, making the stock its 10th largest position. Ritter Daniher Financial Advisory LLC DE’s holdings in Procter & Gamble were worth $12,269,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of PG. Halbert Hargrove Global Advisors LLC purchased a new stake in Procter & Gamble during the 3rd quarter worth approximately $25,000. Corundum Trust Company INC acquired a new position in shares of Procter & Gamble during the third quarter worth $32,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Procter & Gamble in the 2nd quarter valued at about $34,000. RMG Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth about $37,000. Finally, Marquette Asset Management LLC purchased a new stake in Procter & Gamble during the third quarter worth approximately $37,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Trading Up 1.7%

Shares of PG stock opened at $149.79 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $348.12 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 4.89 and a beta of 0.39. The firm has a 50-day moving average price of $144.87 and a 200 day moving average price of $150.34. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $179.99.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period last year, the company earned $1.88 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.67%.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PG. Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Rothschild & Co Redburn lifted their target price on Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft decreased their target price on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research report on Monday, December 8th. Wells Fargo & Company lifted their price target on Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Finally, Raymond James Financial cut their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $167.00.

Insiders Place Their Bets

In other Procter & Gamble news, insider Marc S. Pritchard sold 95,903 shares of the stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the transaction, the insider owned 182,607 shares of the company’s stock, valued at $27,601,048.05. This trade represents a 34.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.20% of the stock is currently owned by corporate insiders.

About Procter & Gamble

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.