Alpine Bank Wealth Management Has $904,000 Stock Holdings in Procter & Gamble Company (The) $PG

Alpine Bank Wealth Management decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 19.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,673 shares of the company’s stock after selling 1,329 shares during the period. Alpine Bank Wealth Management’s holdings in Procter & Gamble were worth $904,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PG. Brighton Jones LLC lifted its position in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Investors Research Corp lifted its position in Procter & Gamble by 90.0% during the 1st quarter. Investors Research Corp now owns 606 shares of the company’s stock worth $103,000 after buying an additional 287 shares in the last quarter. Cerro Pacific Wealth Advisors LLC lifted its position in Procter & Gamble by 1.1% during the 1st quarter. Cerro Pacific Wealth Advisors LLC now owns 12,061 shares of the company’s stock worth $2,022,000 after buying an additional 132 shares in the last quarter. Peoples Bank KS increased its stake in shares of Procter & Gamble by 0.8% during the 1st quarter. Peoples Bank KS now owns 10,417 shares of the company’s stock worth $1,775,000 after purchasing an additional 81 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC increased its stake in shares of Procter & Gamble by 19.2% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 44,211 shares of the company’s stock worth $7,535,000 after purchasing an additional 7,120 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Insider Activity

In other Procter & Gamble news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. This represents a 18.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Marc S. Pritchard sold 9,849 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the transaction, the insider owned 182,422 shares in the company, valued at approximately $28,689,507.94. The trade was a 5.12% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 120,181 shares of company stock worth $18,918,012. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. BNP Paribas restated an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. JPMorgan Chase & Co. restated a “neutral” rating and set a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Evercore ISI restated an “in-line” rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Finally, Berenberg Bank boosted their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $173.68.

Procter & Gamble Stock Up 0.2%

Procter & Gamble stock opened at $152.44 on Monday. The stock has a market cap of $356.78 billion, a P/E ratio of 23.42, a P/E/G ratio of 4.02 and a beta of 0.36. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The company’s 50-day moving average price is $156.00 and its two-hundred day moving average price is $160.49.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.06. The firm had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio is presently 64.98%.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.