Procter & Gamble Company (The) $PG Shares Sold by Ameriflex Group Inc.

Ameriflex Group Inc. cut its holdings in Procter & Gamble Company (The) (NYSE:PG) by 17.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,431 shares of the company’s stock after selling 2,368 shares during the period. Procter & Gamble comprises about 1.0% of Ameriflex Group Inc.’s holdings, making the stock its 20th largest position. Ameriflex Group Inc.’s holdings in Procter & Gamble were worth $1,813,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PG. Nova Wealth Management Inc. acquired a new stake in Procter & Gamble in the first quarter valued at $26,000. Signature Resources Capital Management LLC increased its position in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares in the last quarter. Quarry LP acquired a new stake in shares of Procter & Gamble during the first quarter worth about $33,000. Mizuho Securities Co. Ltd. increased its position in shares of Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock worth $34,000 after purchasing an additional 170 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. increased its position in shares of Procter & Gamble by 50.3% during the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock worth $42,000 after purchasing an additional 82 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

PG has been the topic of a number of research analyst reports. BNP Paribas reiterated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $170.00 target price (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Barclays cut their target price on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Finally, Berenberg Bank raised their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $173.11.

Procter & Gamble Stock Performance

NYSE PG opened at $152.19 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The business’s 50-day moving average price is $155.51 and its 200 day moving average price is $160.06. The firm has a market cap of $356.20 billion, a P/E ratio of 23.38, a P/E/G ratio of 4.01 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data 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. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company 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 earned $1.40 EPS. The firm’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. On average, equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed 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 yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s payout ratio is currently 64.98%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Sundar G. Raman sold 9,554 shares of Procter & Gamble stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,511,060.64. Following the sale, the chief executive officer owned 41,886 shares of the company’s stock, valued at approximately $6,624,689.76. The trade was a 18.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan Street Whaley sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $156.84, for a total value of $156,840.00. Following the sale, the insider directly owned 28,436 shares in the company, valued at $4,459,902.24. This trade represents a 3.40% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock worth $18,918,012 in the last three months. Company insiders own 0.20% of the company’s stock.

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.