Asset Advisors Investment Management LLC Sells 225 Shares of Procter & Gamble Company (The) $PG

Asset Advisors Investment Management LLC reduced its stake in Procter & Gamble Company (The) (NYSE:PG) by 0.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,872 shares of the company’s stock after selling 225 shares during the period. Asset Advisors Investment Management LLC’s holdings in Procter & Gamble were worth $7,946,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in PG. Brighton Jones LLC grew its holdings in shares of Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after buying an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. grew its holdings in shares of Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after buying an additional 277 shares during the last quarter. Beacon Financial Group grew its holdings in shares of Procter & Gamble by 1.0% during the first quarter. Beacon Financial Group now owns 9,399 shares of the company’s stock valued at $1,602,000 after buying an additional 94 shares during the last quarter. Lake Street Private Wealth LLC grew its holdings in shares of Procter & Gamble by 8.6% during the first quarter. Lake Street Private Wealth LLC now owns 3,256 shares of the company’s stock valued at $555,000 after buying an additional 259 shares during the last quarter. Finally, Vest Financial LLC grew its holdings in shares of Procter & Gamble by 5.2% during the first quarter. Vest Financial LLC now owns 365,925 shares of the company’s stock valued at $62,361,000 after buying an additional 18,017 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Procter & Gamble

In other news, insider Marc S. Pritchard sold 9,849 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the sale, the insider owned 182,422 shares of the company’s stock, valued at $28,689,507.94. The trade was a 5.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Shailesh Jejurikar sold 13,039 shares of the business’s 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 $2,050,643.53. Following the completion of the sale, the chief operating officer directly owned 28,036 shares in the company, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 120,181 shares of company stock valued at $18,918,012. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Up 0.1%

PG opened at $152.19 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The stock has a market cap of $356.20 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 4.01 and a beta of 0.36. 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 $155.51 and its two-hundred day moving average price is $160.06.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates 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 company’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. BNP Paribas restated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Berenberg Bank boosted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Evercore ISI restated an “in-line” rating and set a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Finally, BNP Paribas Exane cut their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus target price of $173.11.

Procter & Gamble Company Profile

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.