Procter & Gamble Company (The) $PG is Paradigm Strategies in Wealth Management LLC’s 8th Largest Position

Paradigm Strategies in Wealth Management LLC trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,809 shares of the company’s stock after selling 448 shares during the quarter. Procter & Gamble makes up about 2.8% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. Paradigm Strategies in Wealth Management LLC’s holdings in Procter & Gamble were worth $4,271,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Nova Wealth Management Inc. purchased a new position in shares of Procter & Gamble during the 1st quarter valued at approximately $26,000. Signature Resources Capital Management LLC increased its holdings in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP purchased a new stake in Procter & Gamble in the 1st quarter worth $33,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Procter & Gamble in the 2nd quarter worth $34,000. Finally, RMG Wealth Management LLC purchased a new stake in Procter & Gamble in the 2nd quarter worth $37,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Trading Down 0.1%

Shares of PG opened at $151.54 on Wednesday. Procter & Gamble Company has a 52-week low of $146.96 and a 52-week high of $180.43. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The firm’s fifty day moving average is $154.44 and its two-hundred day moving average is $158.22. The stock has a market cap of $354.10 billion, a PE ratio of 22.12, a price-to-earnings-growth ratio of 4.03 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The company had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter in the previous year, the company posted $1.93 EPS. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s payout ratio is 61.75%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. BNP Paribas Exane cut their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. BNP Paribas reissued an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Bank of America cut their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Finally, Wells Fargo & Company cut their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.53.

Insider Activity

In other news, COO Shailesh Jejurikar sold 13,039 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 transaction of $2,050,643.53. Following the transaction, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Andre Schulten sold 11,638 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 transaction of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares in the company, valued at approximately $8,279,007.34. The trade was a 18.11% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 149,763 shares of company stock worth $23,421,279. 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.