Leeward Financial Partners LLC Sells 19,261 Shares of Procter & Gamble Company (The) $PG

Leeward Financial Partners LLC trimmed its stake in Procter & Gamble Company (The) (NYSE:PG) by 90.9% during the second quarter, HoldingsChannel.com reports. The fund owned 1,937 shares of the company’s stock after selling 19,261 shares during the quarter. Leeward Financial Partners LLC’s holdings in Procter & Gamble were worth $309,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in shares of Procter & Gamble by 51.5% in the fourth 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 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 worth $493,000 after purchasing an additional 277 shares during the last quarter. Summit Wealth Group LLC grew its holdings in shares of Procter & Gamble by 11.2% during the first quarter. Summit Wealth Group LLC now owns 7,437 shares of the company’s stock worth $1,267,000 after purchasing an additional 752 shares during the last quarter. Golden State Wealth Management LLC grew its holdings in shares of Procter & Gamble by 10.4% during the first quarter. Golden State Wealth Management LLC now owns 6,007 shares of the company’s stock worth $1,024,000 after purchasing an additional 567 shares during the last quarter. Finally, Smart Money Group LLC grew its holdings in shares of Procter & Gamble by 20.2% during the first quarter. Smart Money Group LLC now owns 6,358 shares of the company’s stock worth $1,084,000 after purchasing an additional 1,070 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $6,309,515.13. Following the transaction, the chief executive officer owned 319,375 shares of the company’s stock, valued at approximately $50,228,106.25. This represents a 11.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the sale, the chief executive officer owned 34,978 shares of the company’s stock, valued at $5,532,120.48. This trade represents a 22.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 150,488 shares of company stock valued at $23,529,718. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Bank of America decreased their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Dbs Bank upgraded Procter & Gamble to a “moderate buy” rating in a report on Tuesday. JPMorgan Chase & Co. increased their target price on Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, October 27th. Wells Fargo & Company decreased their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Finally, Morgan Stanley set a $175.00 price target on Procter & Gamble in a research note on Monday. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $171.53.

Procter & Gamble Trading Up 0.7%

NYSE:PG opened at $150.70 on Friday. Procter & Gamble Company has a 1-year low of $146.96 and a 1-year high of $180.43. The business’s 50-day moving average price is $153.89 and its two-hundred day moving average price is $157.91. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $352.14 billion, a price-to-earnings ratio of 22.00, a PEG ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last released its earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same quarter in the prior year, the firm posted $1.93 earnings per share. The company’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. On average, equities analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business 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 $1.0568 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is presently 61.75%.

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.