Willner & Heller LLC lessened its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 5.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,402 shares of the company’s stock after selling 301 shares during the period. Willner & Heller LLC’s holdings in Procter & Gamble were worth $861,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of PG. Benjamin Edwards Inc. boosted its position in shares of Procter & Gamble by 120.7% in the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock worth $62,098,000 after purchasing an additional 199,258 shares in the last quarter. Capital Investment Advisory Services LLC boosted its holdings in Procter & Gamble by 13.8% in the first quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company’s stock worth $6,426,000 after acquiring an additional 4,562 shares in the last quarter. World Investment Advisors grew its stake in shares of Procter & Gamble by 6.0% in the first quarter. World Investment Advisors now owns 50,913 shares of the company’s stock worth $8,677,000 after acquiring an additional 2,886 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of Procter & Gamble by 26.4% during the first quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company’s stock valued at $20,451,000 after acquiring an additional 25,059 shares in the last quarter. Finally, Kelly Financial Services LLC raised its position in shares of Procter & Gamble by 8.7% in the 1st quarter. Kelly Financial Services LLC now owns 1,727 shares of the company’s stock worth $294,000 after purchasing an additional 138 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several analysts recently commented on PG shares. BNP Paribas Exane cut 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 report on Tuesday, September 23rd. JPMorgan Chase & Co. reissued a “neutral” rating and set a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a research note on Saturday, September 27th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $173.11.
Procter & Gamble Stock Performance
PG stock opened at $152.19 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The company has a market cap of $356.20 billion, a P/E ratio of 23.38, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36. The stock’s fifty day moving average price is $155.51 and its 200-day moving average price is $160.00.
Procter & Gamble (NYSE:PG – Get Free Report) last posted 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 company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.Procter & Gamble’s revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.
Procter & Gamble Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s payout ratio is 64.98%.
Insider Buying and Selling at Procter & Gamble
In related news, insider Susan Street Whaley sold 1,000 shares of the firm’s stock in a transaction on Friday, August 29th. The stock was sold at an average price of $156.84, for a total value of $156,840.00. Following the transaction, the insider directly owned 28,436 shares of the company’s stock, valued at approximately $4,459,902.24. This trade represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jennifer L. Davis sold 8,596 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,351,892.92. Following the sale, the chief executive officer directly owned 64,991 shares of the company’s stock, valued at $10,221,134.57. This represents a 11.68% decrease in their position. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock valued at $18,918,012 in the last quarter. Insiders own 0.20% of the company’s stock.
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.
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