Rhumbline Advisers Sells 195,911 Shares of Procter & Gamble Company (The) $PG

Rhumbline Advisers trimmed its position in Procter & Gamble Company (The) (NYSE:PG) by 4.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,875,319 shares of the company’s stock after selling 195,911 shares during the quarter. Procter & Gamble accounts for 0.5% of Rhumbline Advisers’ portfolio, making the stock its 22nd largest position. Rhumbline Advisers’ holdings in Procter & Gamble were worth $617,416,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Private Management Group Inc. lifted its holdings in shares of Procter & Gamble by 4.8% during the 1st quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock worth $236,000 after acquiring an additional 64 shares during the period. Lantz Financial LLC lifted its stake in Procter & Gamble by 1.2% during the second quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after purchasing an additional 64 shares during the period. Orca Investment Management LLC boosted its holdings in Procter & Gamble by 2.0% during the second quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock valued at $516,000 after purchasing an additional 64 shares in the last quarter. Kondo Wealth Advisors Inc. grew its stake in shares of Procter & Gamble by 5.2% in the 1st quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock valued at $226,000 after purchasing an additional 65 shares during the period. Finally, Silver Oak Securities Incorporated raised its holdings in shares of Procter & Gamble by 0.3% in the 2nd quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock worth $3,524,000 after buying an additional 65 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other news, CFO Andre Schulten sold 4,252 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $647,281.96. Following the completion of the sale, the chief financial officer directly owned 53,992 shares of the company’s stock, valued at approximately $8,219,202.16. This trade represents a 7.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Shailesh Jejurikar sold 3,986 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $606,788.78. Following the sale, the chief operating officer owned 46,899 shares of the company’s stock, valued at approximately $7,139,434.77. The trade was a 7.83% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 31,308 shares of company stock worth $4,768,692. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $150.84 on Friday. The stock has a 50-day simple moving average of $150.75 and a 200 day simple moving average of $156.16. The stock has a market capitalization of $352.47 billion, a price-to-earnings ratio of 22.02, a P/E/G ratio of 3.87 and a beta of 0.36. 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 Company has a 12-month low of $144.09 and a 12-month high of $180.43.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 24th. The company reported $1.99 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 firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same quarter in the prior year, the firm earned $1.93 EPS. 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 anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s payout ratio is 61.61%.

Analysts Set New Price Targets

Several brokerages recently commented on PG. Wells Fargo & Company decreased their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. BNP Paribas Exane reduced their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a report on Monday, October 27th. Finally, UBS Group decreased their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock 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.