Commonwealth Retirement Investments LLC Has $2.46 Million Stock Holdings in Procter & Gamble Company (The) $PG

Commonwealth Retirement Investments LLC decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 48.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,409 shares of the company’s stock after selling 14,531 shares during the quarter. Commonwealth Retirement Investments LLC’s holdings in Procter & Gamble were worth $2,455,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. MOKAN Wealth Management Inc. lifted its holdings in Procter & Gamble by 13.7% during the 2nd quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock valued at $2,442,000 after purchasing an additional 1,846 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in Procter & Gamble by 120.7% during the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock valued at $62,098,000 after purchasing an additional 199,258 shares during the last quarter. Caliber Wealth Management LLC KS lifted its holdings in shares of Procter & Gamble by 36.2% during the second quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock worth $2,836,000 after buying an additional 4,730 shares in the last quarter. Diversify Wealth Management LLC lifted its holdings in shares of Procter & Gamble by 10.3% during the first quarter. Diversify Wealth Management LLC now owns 23,719 shares of the company’s stock worth $3,849,000 after buying an additional 2,210 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Procter & Gamble during the second quarter worth $34,684,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction dated 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 transaction, the chief executive officer owned 319,375 shares in the company, valued at $50,228,106.25. The trade was a 11.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Marc S. Pritchard sold 9,849 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the completion of the transaction, the insider owned 182,422 shares in the company, valued at approximately $28,689,507.94. This represents a 5.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 150,488 shares of company stock valued at $23,529,718. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Down 0.6%

PG stock opened at $147.09 on Wednesday. The company has a market cap of $343.71 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. The business has a 50-day simple moving average of $153.54 and a 200 day simple moving average of $157.45. Procter & Gamble Company has a 52 week low of $146.25 and a 52 week high of $180.43. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The business 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%.Procter & Gamble’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Sell-side analysts anticipate 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 yield of 2.9%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s payout ratio is currently 61.61%.

Analysts Set New Price Targets

PG has been the subject of a number of research reports. 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 report on Thursday, September 25th. Raymond James Financial dropped their target price on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Bank of America dropped their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Berenberg Bank lifted their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Finally, 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 report on Wednesday, October 8th. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $171.53.

About Procter & Gamble

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.