Calamos Wealth Management LLC Reduces Position in Procter & Gamble Company (The) $PG

Calamos Wealth Management LLC decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 30.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 16,102 shares of the company’s stock after selling 6,919 shares during the period. Calamos Wealth Management LLC’s holdings in Procter & Gamble were worth $2,326,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Calamos Advisors LLC raised its stake in shares of Procter & Gamble by 3.6% during the first quarter. Calamos Advisors LLC now owns 498,687 shares of the company’s stock valued at $72,030,000 after acquiring an additional 17,242 shares during the last quarter. AMG National Trust Bank grew its stake in shares of Procter & Gamble by 17.1% in the first quarter. AMG National Trust Bank now owns 58,370 shares of the company’s stock worth $8,431,000 after purchasing an additional 8,519 shares during the last quarter. Evernest Financial Advisors LLC increased its holdings in Procter & Gamble by 1.8% during the 1st quarter. Evernest Financial Advisors LLC now owns 4,297 shares of the company’s stock valued at $638,000 after purchasing an additional 78 shares during the period. Blake Schutter Theil Wealth Advisors LLC increased its holdings in Procter & Gamble by 7.2% during the 1st quarter. Blake Schutter Theil Wealth Advisors LLC now owns 3,392 shares of the company’s stock valued at $490,000 after purchasing an additional 228 shares during the period. Finally, Objective Capital Management LLC raised its position in Procter & Gamble by 8.3% during the 1st quarter. Objective Capital Management LLC now owns 3,005 shares of the company’s stock valued at $434,000 after purchasing an additional 231 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $148.41 on Tuesday. The stock’s 50 day simple moving average is $146.60 and its two-hundred day simple moving average is $148.44. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The stock has a market cap of $345.59 billion, a price-to-earnings ratio of 21.70, a PEG ratio of 6.26 and a beta of 0.39. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.03. The firm had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts expect that Procter & Gamble Company will post 6.89 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on PG. BNP Paribas Exane dropped their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Morgan Stanley reduced their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. BMO Capital Markets raised their price target on Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. Raymond James Financial cut their price target on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Twelve investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $161.42.

Procter & Gamble Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.