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Procter & Gamble Co. (PG) Stock Could Soon Reward Patient Investors

Procter & Gamble Co. (NYSE: PG) is 16.29% higher on its value in year-to-date trading and has touched a low of $141.45 and a high of $171.72 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PG stock was last observed hovering at around $168.42 in the last trading session, with the day’s gains setting it 1.99%.

Currently trading at $170.41, the stock is 1.63% and 2.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.51 million and changing 1.18% at the moment leaves the stock 7.12% off its SMA200. PG registered 11.71% gain for a year compared to 6-month gain of 7.51%.

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The stock witnessed a 1.28% loss in the last 1 month and extending the period to 3 months gives it a 1.85%, and is 1.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.40% over the week and 1.80% over the month.

Procter & Gamble Co. (PG) has around 108000 employees, a market worth around $401.15B and $84.04B in sales. Current P/E ratio is 28.31 and Fwd P/E is 22.93. Profit margin for the company is 17.37%. Distance from 52-week low is 20.47% and -0.76% from its 52-week high. The company has generated returns on investments over the last 12 months (19.15%).

The EPS is expected to grow by 5.84% this year.

Procter & Gamble Co. (PG) Top Institutional Holders

4546.0 institutions hold shares in Procter & Gamble Co. (PG), with institutional investors hold 69.32% of the company’s shares. The shares outstanding are 2.36B, and float is at 2.35B with Short Float at 0.85%. Institutions hold 69.29% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 224.06 million shares valued at $36.35 billion. The investor’s holdings represent 9.492 of the PG Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 157.7 million shares valued at $25.59 billion to account for 6.681 of the shares outstanding. The other top investors are STATE STREET CORP which holds 102.37 million shares representing 4.3369 and valued at over $16.61 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.0759 of the shares totaling 49.0 million with a market value of $7.93 billion.

Procter & Gamble Co. (PG) Insider Activity

Still, SEC filings show that on Aug 21 ’24, Jejurikar Shailesh (Officer) Proposed Sale 1,679 shares at an average price of $167.58 for $0.28 million. The insider now directly holds shares of Procter & Gamble Co. (PG).

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