InTrack Investment Management Inc Decreases Holdings in Procter & Gamble Company (The) $PG

InTrack Investment Management Inc decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 18.1% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,966 shares of the company’s stock after selling 1,757 shares during the period. InTrack Investment Management Inc’s holdings in Procter & Gamble were worth $1,269,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of PG. Stableford Capital II LLC increased its position in shares of Procter & Gamble by 1.1% during the 1st quarter. Stableford Capital II LLC now owns 5,817 shares of the company’s stock worth $993,000 after purchasing an additional 61 shares during the last quarter. Bernard Wealth Management Corp. increased its position in shares of Procter & Gamble by 20.2% during the 1st quarter. Bernard Wealth Management Corp. now owns 375 shares of the company’s stock worth $64,000 after purchasing an additional 63 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management increased its position in shares of Procter & Gamble by 2.3% during the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock worth $476,000 after purchasing an additional 63 shares during the last quarter. Private Management Group Inc. increased its position in shares of Procter & Gamble by 4.8% during the 1st quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock worth $236,000 after purchasing an additional 64 shares during the last quarter. Finally, Lantz Financial LLC increased its position in shares of Procter & Gamble by 1.2% during the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after purchasing an additional 64 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $150.67 on Thursday. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The company has a market cap of $352.64 billion, a PE ratio of 23.14, a P/E/G ratio of 4.05 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The business has a 50-day simple moving average of $155.26 and a 200-day simple moving average of $159.72.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping 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 business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the previous year, the company posted $1.40 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on PG shares. Berenberg Bank raised their price objective on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. BNP Paribas Exane dropped their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Wells Fargo & Company dropped their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. UBS Group dropped their target price on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $172.58.

Insider Buying and Selling at Procter & Gamble

In other news, insider Marc S. Pritchard sold 9,849 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the completion of the transaction, the insider directly owned 182,422 shares of the company’s stock, valued at approximately $28,689,507.94. The trade was a 5.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Jon R. Moeller sold 40,119 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 319,375 shares of the company’s stock, valued at approximately $50,228,106.25. The trade was a 11.16% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is currently owned by company insiders.

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.