Investment Partners LTD. Sells 922 Shares of Procter & Gamble Company (The) $PG

Investment Partners LTD. trimmed its stake in Procter & Gamble Company (The) (NYSE:PG) by 10.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,023 shares of the company’s stock after selling 922 shares during the period. Investment Partners LTD.’s holdings in Procter & Gamble were worth $1,278,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its stake in shares of Procter & Gamble by 655,209.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock worth $11,832,680,000 after acquiring an additional 76,017,350 shares during the period. Geode Capital Management LLC boosted its stake in shares of Procter & Gamble by 1.8% in the 2nd quarter. Geode Capital Management LLC now owns 59,415,933 shares of the company’s stock valued at $9,439,341,000 after purchasing an additional 1,060,713 shares during the last quarter. Northern Trust Corp raised its stake in Procter & Gamble by 0.8% during the first quarter. Northern Trust Corp now owns 29,644,000 shares of the company’s stock worth $5,051,930,000 after buying an additional 248,792 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Procter & Gamble by 13.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company’s stock valued at $3,660,737,000 after buying an additional 2,466,308 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Procter & Gamble by 3.5% in the first quarter. Goldman Sachs Group Inc. now owns 17,405,539 shares of the company’s stock valued at $2,966,252,000 after buying an additional 583,629 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

Shares of PG stock opened at $148.40 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. The firm has a 50-day moving average of $152.31 and a 200-day moving average of $156.77. Procter & Gamble Company has a one year low of $144.09 and a one year high of $180.43. The company has a market cap of $346.76 billion, a P/E ratio of 21.58, a P/E/G ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same period in the prior year, the firm posted $1.93 EPS. The firm’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. Equities 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 declared a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is 61.61%.

Insiders Place Their Bets

In related news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the completion of the transaction, the chief financial officer owned 52,642 shares in the company, valued at approximately $8,279,007.34. This represents a 18.11% 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 link. Also, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction dated 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 directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. This represents a 22.57% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 150,489 shares of company stock valued at $23,529,864. 0.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on PG shares. Raymond James Financial lowered their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Barclays dropped their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 1st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research report on Monday, October 27th. Finally, Dbs Bank upgraded shares of Procter & Gamble to a “moderate buy” rating in a report on Tuesday, October 28th. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price 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.