Procter & Gamble Company (The) $PG Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 613,064 shares of the company’s stock after selling 26,100 shares during the period. Nisa Investment Advisors LLC’s holdings in Procter & Gamble were worth $97,673,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Nova Wealth Management Inc. acquired a new position in shares of Procter & Gamble in the 1st quarter valued at $26,000. Signature Resources Capital Management LLC boosted its holdings in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares during the last quarter. Quarry LP purchased a new stake in Procter & Gamble during the first quarter valued at about $33,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Procter & Gamble during the second quarter valued at about $34,000. Finally, RMG Wealth Management LLC acquired a new stake in Procter & Gamble during the second quarter worth about $37,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on PG shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research note on Saturday. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Bank of America cut their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Evercore ISI reaffirmed an “in-line” rating and set a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Finally, UBS Group lowered their price target on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus target price of $171.68.

Insider Activity at Procter & Gamble

In other news, insider Marc S. Pritchard sold 9,849 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the completion of the sale, the insider owned 182,422 shares of the company’s stock, valued at approximately $28,689,507.94. This trade represents a 5.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction 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 approximately $5,532,120.48. This trade represents a 22.57% 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 worth $23,421,279. 0.20% of the stock is currently owned by insiders.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $152.62 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The firm’s fifty day moving average price is $154.66 and its 200 day moving average price is $158.41. The company has a market capitalization of $357.21 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 4.05 and a beta of 0.36. Procter & Gamble Company has a 12-month low of $146.96 and a 12-month high of $180.43.

Procter & Gamble (NYSE:PG) last announced 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 32.69% and a net margin of 18.95%.The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same period last year, the firm earned $1.93 earnings per share. The company’s 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, research analysts forecast 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 will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be given a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s dividend payout ratio is presently 64.98%.

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.