RIA Advisory Group LLC Purchases 5,022 Shares of Procter & Gamble Company (The) $PG

RIA Advisory Group LLC raised its position in Procter & Gamble Company (The) (NYSE:PG) by 13.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,154 shares of the company’s stock after purchasing an additional 5,022 shares during the period. Procter & Gamble accounts for 1.5% of RIA Advisory Group LLC’s investment portfolio, making the stock its 16th biggest position. RIA Advisory Group LLC’s holdings in Procter & Gamble were worth $6,041,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Montag A & Associates Inc. lifted its holdings in shares of Procter & Gamble by 5.0% during the 4th quarter. Montag A & Associates Inc. now owns 61,594 shares of the company’s stock worth $8,827,000 after acquiring an additional 2,906 shares during the last quarter. Core Alternative Capital lifted its holdings in shares of Procter & Gamble by 1.9% during the 4th quarter. Core Alternative Capital now owns 34,472 shares of the company’s stock worth $4,940,000 after acquiring an additional 633 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV lifted its holdings in shares of Procter & Gamble by 52.6% during the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 38,357 shares of the company’s stock worth $5,497,000 after acquiring an additional 13,217 shares during the last quarter. PKO Investment Management Joint Stock Co bought a new stake in shares of Procter & Gamble during the 4th quarter worth $1,737,000. Finally, Legacy Edge Advisors LLC bought a new stake in shares of Procter & Gamble during the 4th quarter worth $459,000. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Price Performance

PG stock opened at $147.44 on Friday. The firm’s 50-day moving average price is $149.44 and its two-hundred day moving average price is $148.62. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.99. The stock has a market capitalization of $343.34 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 6.31 and a beta of 0.41. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the previous year, the company earned $1.54 earnings per share. The company’s revenue for the quarter 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. As a group, equities analysts predict that Procter & Gamble Company will post 6.92 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be given a $1.0885 dividend. The ex-dividend date is Friday, April 24th. This is a positive change 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 3.0%. Procter & Gamble’s dividend payout ratio is presently 63.60%.

Analysts Set New Price Targets

PG has been the subject of a number of research analyst reports. Jefferies Financial Group dropped their price objective on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a report on Monday, April 20th. Barclays dropped their price objective on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Evercore set a $162.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. JPMorgan Chase & Co. dropped their price objective on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.06.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 8,000 shares of the business’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $158.00, for a total value of $1,264,000.00. Following the transaction, the chief executive officer owned 6,571 shares in the company, valued at approximately $1,038,218. The trade was a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of Procter & Gamble stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the sale, the insider directly owned 44,735 shares in the company, valued at $7,259,595.80. The trade was a 25.32% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 252,715 shares of company stock valued at $40,966,904. Company insiders own 0.20% of the company’s stock.

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.