Procter & Gamble Company (The) $PG Shares Sold by Sachetta LLC

Sachetta LLC lowered its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 9.2% in the second quarter, HoldingsChannel.com reports. The firm owned 5,516 shares of the company’s stock after selling 561 shares during the quarter. Sachetta LLC’s holdings in Procter & Gamble were worth $879,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PG. Brighton Jones LLC lifted its stake in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. raised its holdings in Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Procter & Gamble by 3.7% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 7,734 shares of the company’s stock worth $1,263,000 after buying an additional 275 shares during the last quarter. RDA Financial Network boosted its holdings in shares of Procter & Gamble by 12.8% in the 1st quarter. RDA Financial Network now owns 1,865 shares of the company’s stock valued at $318,000 after buying an additional 211 shares in the last quarter. Finally, Wedge Capital Management L L P NC grew its position in shares of Procter & Gamble by 2.9% in the 1st quarter. Wedge Capital Management L L P NC now owns 4,138 shares of the company’s stock valued at $705,000 after buying an additional 116 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Down 1.2%

PG opened at $150.47 on Tuesday. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The business has a 50 day moving average price of $155.38 and a two-hundred day moving average price of $159.84. 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 company has a market cap of $352.17 billion, a PE ratio of 23.11, a P/E/G ratio of 4.02 and a beta of 0.36.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PG. BNP Paribas Exane reduced their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a report on Saturday, September 27th. Wells Fargo & Company dropped their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Evercore ISI reiterated an “in-line” rating and issued a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Finally, UBS Group set a $180.00 price objective on Procter & Gamble and gave the company a “buy” rating in a report on Wednesday, July 30th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $173.11.

Insider Activity at Procter & Gamble

In related news, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the completion of the transaction, the chief executive officer directly owned 319,375 shares of the company’s stock, valued at $50,228,106.25. This represents a 11.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, COO Shailesh Jejurikar sold 13,039 shares of the firm’s stock in a transaction dated 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 owned 28,036 shares of the company’s stock, valued at approximately $4,409,221.72. The trade was a 31.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 149,763 shares of company stock worth $23,421,279 in the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble 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.