Noesis Capital Mangement Corp trimmed its holdings in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 3.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,011 shares of the company’s stock after selling 77 shares during the period. Noesis Capital Mangement Corp’s holdings in Procter & Gamble were worth $320,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Nova Wealth Management Inc. acquired a new position in Procter & Gamble during the first quarter valued at $26,000. Signature Resources Capital Management LLC raised its position in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after buying an additional 72 shares during the period. Quarry LP acquired a new position in Procter & Gamble during the first quarter valued at $33,000. Mid American Wealth Advisory Group Inc. acquired a new position in Procter & Gamble during the second quarter valued at $34,000. Finally, RMG Wealth Management LLC acquired a new position in Procter & Gamble during the second quarter valued at $37,000. 65.77% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Procter & Gamble
In other news, COO Shailesh Jejurikar sold 3,986 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $606,788.78. Following the completion of the sale, the chief operating officer owned 46,899 shares in the company, valued at approximately $7,139,434.77. This represents a 7.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Balaji Purushothaman sold 490 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $74,592.70. Following the sale, the insider owned 12,616 shares of the company’s stock, valued at approximately $1,920,533.68. The trade was a 3.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 149,763 shares of company stock worth $23,421,279 in the last 90 days. Insiders own 0.20% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Analysis on PG
Procter & Gamble Stock Performance
PG opened at $148.63 on Thursday. The company has a market cap of $347.32 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 3.95 and a beta of 0.36. The stock has a 50-day moving average of $154.23 and a 200-day moving average of $158.09. Procter & Gamble Company has a 52-week low of $146.96 and a 52-week high of $180.43. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71.
Procter & Gamble (NYSE:PG – Get Free Report) last released its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.09. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, equities research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.
Procter & Gamble Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s dividend payout ratio is 61.75%.
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.
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