Procter & Gamble Company (The) $PG Stake Lessened by Anchor Capital Advisors LLC

Anchor Capital Advisors LLC cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,160 shares of the company’s stock after selling 2,305 shares during the period. Anchor Capital Advisors LLC’s holdings in Procter & Gamble were worth $17,073,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. B & T Capital Management DBA Alpha Capital Management boosted its holdings in shares of Procter & Gamble by 2.3% in the first quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock valued at $476,000 after acquiring an additional 63 shares in the last quarter. Private Management Group Inc. boosted its holdings in shares of Procter & Gamble by 4.8% in the first quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock valued at $236,000 after acquiring an additional 64 shares in the last quarter. Lantz Financial LLC boosted its holdings in Procter & Gamble by 1.2% during the second quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after buying an additional 64 shares in the last quarter. Orca Investment Management LLC boosted its holdings in Procter & Gamble by 2.0% during the second quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after buying an additional 64 shares in the last quarter. Finally, Kondo Wealth Advisors Inc. boosted its holdings in Procter & Gamble by 5.2% during the first quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock worth $226,000 after buying an additional 65 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Procter & Gamble news, CFO Andre Schulten sold 4,252 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $647,281.96. Following the completion of the sale, the chief financial officer owned 53,992 shares in the company, valued at $8,219,202.16. This represents a 7.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the completion of the sale, the chief accounting officer owned 979 shares of the company’s stock, valued at approximately $146,429.03. The trade was a 42.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 150,488 shares of company stock worth $23,529,718. Insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Down 0.9%

Shares of NYSE:PG opened at $145.79 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The company has a market cap of $340.67 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 52 week low of $145.65 and a 52 week high of $180.43. The firm has a 50 day simple moving average of $153.32 and a 200 day simple moving average of $157.37.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, research 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 will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be given a $1.0568 dividend. The ex-dividend date is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s dividend payout ratio is presently 61.61%.

Analysts Set New Price Targets

PG has been the subject of a number of research reports. Evercore ISI restated an “in-line” rating and set a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. BNP Paribas Exane reduced their target price 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. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a report on Monday, October 27th. Finally, Bank of America reduced their target price 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. Twelve investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $171.53.

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.