Ausdal Financial Partners Inc. Buys New Stake in Procter & Gamble Shares
Ausdal Financial Partners Inc., a financial firm, purchased a new stake in Procter & Gamble Company (The) shares during the second quarter. The fund bought 17,828 shares of the company's stock valued at approximately $2,614,000.
This is not an isolated instance as other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
BlackRock Inc., for example, purchased a new stake in Procter & Gamble during the second quarter worth $27,862,105,000. State Street Corp lifted its stake in shares of Procter & Gamble by 1.0% during the fourth quarter, and Geode Capital Management LLC boosted its position in shares of Procter & Gamble by 3.3% in the same period.
Procter & Gamble has a market capitalization of $334.04 billion, with a PE ratio of 21.71, a P/E/G ratio of 4.43, and a beta of 0.39. The company's quarterly revenue was up 1.5% on a year-over-year basis.
During the last quarter, Procter & Gamble announced its earnings results, beating analysts' consensus estimates with $1.43 earnings per share (EPS) for the quarter. The company has set its FY 2027 guidance at 6.890-7.110 EPS.