Amplius Wealth Advisors LLC Raises Stock Holdings in The Procter & Gamble Company (NYSE:PG)

Amplius Wealth Advisors LLC lifted its holdings in The Procter & Gamble Company (NYSE:PG) by 2.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,986 shares of the company’s stock after buying an additional 144 shares during the quarter. Amplius Wealth Advisors LLC’s holdings in Procter & Gamble were worth $1,037,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Indiana Trust & Investment Management Co lifted its holdings in shares of Procter & Gamble by 9.8% during the third quarter. Indiana Trust & Investment Management Co now owns 13,227 shares of the company’s stock valued at $2,291,000 after purchasing an additional 1,182 shares during the last quarter. Leisure Capital Management increased its position in Procter & Gamble by 0.5% during the 3rd quarter. Leisure Capital Management now owns 17,576 shares of the company’s stock valued at $3,044,000 after buying an additional 91 shares in the last quarter. Sumitomo Life Insurance Co. boosted its holdings in Procter & Gamble by 3.1% in the third quarter. Sumitomo Life Insurance Co. now owns 69,377 shares of the company’s stock worth $12,016,000 after acquiring an additional 2,056 shares in the last quarter. Verum Partners LLC grew its stake in shares of Procter & Gamble by 1.4% in the third quarter. Verum Partners LLC now owns 6,324 shares of the company’s stock worth $1,095,000 after acquiring an additional 88 shares during the last quarter. Finally, Gleason Group Inc. raised its position in shares of Procter & Gamble by 0.6% in the 3rd quarter. Gleason Group Inc. now owns 19,498 shares of the company’s stock worth $3,377,000 after purchasing an additional 116 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Procter & Gamble

In other news, insider Susan Street Whaley sold 450 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $169.22, for a total transaction of $76,149.00. Following the transaction, the insider now directly owns 13,072 shares in the company, valued at approximately $2,212,043.84. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Procter & Gamble news, insider Balaji Purushothaman sold 8,842 shares of the stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $164.90, for a total transaction of $1,458,045.80. Following the completion of the sale, the insider now directly owns 11,537 shares of the company’s stock, valued at approximately $1,902,451.30. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan Street Whaley sold 450 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $169.22, for a total value of $76,149.00. Following the completion of the transaction, the insider now directly owns 13,072 shares in the company, valued at approximately $2,212,043.84. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 383,194 shares of company stock worth $65,140,718. 0.17% of the stock is owned by insiders.

Procter & Gamble Price Performance

NYSE:PG opened at $172.36 on Thursday. The Procter & Gamble Company has a one year low of $142.50 and a one year high of $177.94. The stock has a market cap of $406.78 billion, a PE ratio of 28.16, a P/E/G ratio of 3.67 and a beta of 0.41. The stock has a 50 day moving average price of $171.72 and a 200 day moving average price of $167.00. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.53 and a current ratio of 0.73.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $1.40 EPS for the quarter, topping the consensus estimate of $1.37 by $0.03. Procter & Gamble had a net margin of 17.71% and a return on equity of 33.46%. The business had revenue of $20.53 billion during the quarter, compared to the consensus estimate of $20.69 billion. During the same quarter in the previous year, the firm posted $1.37 earnings per share. The company’s quarterly revenue was down .1% compared to the same quarter last year. Equities research analysts expect that The Procter & Gamble Company will post 6.97 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 18th will be paid a dividend of $1.0065 per share. The ex-dividend date of this dividend is Friday, October 18th. This represents a $4.03 dividend on an annualized basis and a yield of 2.34%. Procter & Gamble’s dividend payout ratio is presently 65.69%.

Analysts Set New Price Targets

Several brokerages recently weighed in on PG. Hsbc Global Res raised shares of Procter & Gamble to a “strong-buy” rating in a research report on Friday, October 4th. Stifel Nicolaus boosted their target price on Procter & Gamble from $157.00 to $161.00 and gave the stock a “hold” rating in a research report on Monday, July 22nd. Citigroup lifted their price target on shares of Procter & Gamble from $177.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Dbs Bank downgraded shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 1st. Finally, Wolfe Research upgraded shares of Procter & Gamble to a “strong-buy” rating in a research note on Friday, August 23rd. Nine investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $176.21.

Procter & Gamble Profile

The Procter & Gamble Company engages in the provision of branded consumer packaged goods worldwide. The company operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Beauty segment offers conditioners, shampoos, styling aids, and treatments under the Head & Shoulders, Herbal Essences, Pantene, and Rejoice brands; and antiperspirants and deodorants, personal cleansing, and skin care products under the Olay, Old Spice, Safeguard, Secret, SK-II, and Native brands.