Waldron Private Wealth LLC Sells 755 Shares of Procter & Gamble Company (The) $PG

Waldron Private Wealth LLC lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 2.8% in the second quarter, HoldingsChannel reports. The firm owned 26,031 shares of the company’s stock after selling 755 shares during the period. Waldron Private Wealth LLC’s holdings in Procter & Gamble were worth $4,147,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new stake in Procter & Gamble in the first quarter valued at about $26,000. Signature Resources Capital Management LLC increased 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 purchasing an additional 72 shares during the last quarter. Quarry LP bought a new stake in Procter & Gamble in the first quarter valued at about $33,000. Mid American Wealth Advisory Group Inc. acquired a new position in Procter & Gamble in the second quarter valued at about $34,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Procter & Gamble in the second quarter worth about $37,000. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PG. 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. Berenberg Bank increased 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. BNP Paribas Exane lowered their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. BNP Paribas restated an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Finally, Raymond James Financial lowered their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $171.68.

Insider Transactions at Procter & Gamble

In other news, insider Balaji Purushothaman sold 490 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $74,592.70. Following the transaction, the insider owned 12,616 shares in the company, valued at approximately $1,920,533.68. This trade represents a 3.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Jon R. Moeller sold 11,684 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $1,778,655.32. Following the transaction, the chief executive officer owned 319,932 shares in the company, valued at approximately $48,703,248.36. This trade represents a 3.52% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 149,763 shares of company stock valued at $23,421,279. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Up 0.3%

PG 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 stock has a market capitalization of $357.21 billion, a P/E ratio of 22.28, a P/E/G ratio of 4.05 and a beta of 0.36. The business has a 50-day moving average of $154.66 and a 200-day moving average of $158.41. Procter & Gamble Company has a fifty-two week low of $146.96 and a fifty-two week high of $180.43.

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. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same period in the prior year, the firm posted $1.93 earnings per share. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be paid a $1.0568 dividend. The ex-dividend date is Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is currently 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.