Wescott Financial Advisory Group LLC Has $3.94 Million Stock Holdings in Procter & Gamble Company (The) $PG

Wescott Financial Advisory Group LLC trimmed its holdings in Procter & Gamble Company (The) (NYSE:PG) by 0.6% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 23,143 shares of the company’s stock after selling 128 shares during the period. Wescott Financial Advisory Group LLC’s holdings in Procter & Gamble were worth $3,944,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Kelly Lawrence W & Associates Inc. CA lifted its position in shares of Procter & Gamble by 0.6% in the first quarter. Kelly Lawrence W & Associates Inc. CA now owns 24,150 shares of the company’s stock valued at $4,116,000 after buying an additional 140 shares during the last quarter. 1832 Asset Management L.P. lifted its position in shares of Procter & Gamble by 97.9% in the first quarter. 1832 Asset Management L.P. now owns 1,790,206 shares of the company’s stock valued at $305,087,000 after buying an additional 885,434 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Procter & Gamble by 7.0% in the first quarter. Ameriprise Financial Inc. now owns 16,325,813 shares of the company’s stock valued at $2,782,467,000 after buying an additional 1,062,103 shares during the last quarter. Norinchukin Bank The lifted its position in shares of Procter & Gamble by 14.0% in the first quarter. Norinchukin Bank The now owns 133,129 shares of the company’s stock valued at $22,688,000 after buying an additional 16,369 shares during the last quarter. Finally, Clarkston Capital Partners LLC lifted its position in shares of Procter & Gamble by 1.9% in the first quarter. Clarkston Capital Partners LLC now owns 124,126 shares of the company’s stock valued at $21,154,000 after buying an additional 2,352 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Trading Down 0.5%

Shares of PG stock opened at $158.7040 on Friday. The stock’s fifty day moving average price is $156.82 and its two-hundred day moving average price is $163.04. The company has a market cap of $371.74 billion, a PE ratio of 24.38, a P/E/G ratio of 4.21 and a beta of 0.37. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70.

Procter & Gamble (NYSE:PG) last issued 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 firm 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%.The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.98%.

Insider Transactions at Procter & Gamble

In related news, CEO Jennifer L. Davis sold 8,596 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,351,892.92. Following the sale, the chief executive officer owned 64,991 shares of the company’s stock, valued at $10,221,134.57. This trade represents a 11.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Matthew W. Janzaruk sold 319 shares of the firm’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $50,169.13. Following the sale, the chief accounting officer directly owned 1,704 shares in the company, valued at approximately $267,988.08. This trade represents a 15.77% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 99,433 shares of company stock worth $15,637,828. 0.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a “buy” rating in a research note on Wednesday, July 30th. Bank of America lowered their target price on Procter & Gamble from $190.00 to $180.00 and set a “buy” rating on the stock in a research note on Friday, April 25th. Barclays set a $164.00 price objective on Procter & Gamble and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. restated a “neutral” rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, Evercore ISI restated an “in-line” rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $175.94.

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.