Wellington Shields Capital Management LLC Has $1.26 Million Holdings in Procter & Gamble Company (The) $PG

Wellington Shields Capital Management LLC cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 30.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,591 shares of the company’s stock after selling 3,680 shares during the period. Wellington Shields Capital Management LLC’s holdings in Procter & Gamble were worth $1,260,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC raised its holdings in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. grew its holdings in shares of Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares in the last quarter. Sivia Capital Partners LLC increased its position in shares of Procter & Gamble by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after purchasing an additional 1,016 shares during the period. Auxano Advisors LLC raised its stake in shares of Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock valued at $1,165,000 after purchasing an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in Procter & Gamble by 2.8% in the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock worth $4,809,000 after purchasing an additional 809 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Up 1.3%

Shares of NYSE PG opened at $146.61 on Tuesday. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68. The business has a fifty day moving average of $147.66 and a two-hundred day moving average of $148.60. The stock has a market cap of $340.79 billion, a PE ratio of 22.15, a PEG ratio of 4.46 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter last year, the company posted $1.48 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities research analysts expect that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, July 24th. Procter & Gamble’s payout ratio is presently 65.71%.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Citigroup lowered their price target on shares of Procter & Gamble from $181.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Procter & Gamble in a report on Wednesday, August 19th. Evercore set a $162.00 target price on shares of Procter & Gamble in a research note on Monday, April 27th. Rothschild & Co Redburn dropped their price target on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. Finally, BMO Capital Markets lifted their price objective on Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Thirteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $161.19.

Insider Transactions at Procter & Gamble

In related news, insider Susan Street Whaley sold 2,238 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $321,802.02. Following the sale, the insider directly owned 26,989 shares in the company, valued at $3,880,748.31. This represents a 7.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Marc S. Pritchard sold 4,030 shares of Procter & Gamble stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $579,473.70. Following the completion of the transaction, the insider owned 187,001 shares of the company’s stock, valued at approximately $26,888,873.79. The trade was a 2.11% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 6,627 shares of company stock valued at $953,417 in the last three months. 0.20% of the stock is owned by corporate insiders.

Trending Headlines about Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Brokerages give PG an average “Moderate Buy” rating, with a consensus price target of $161.19 versus the recent share price near $146.61. That implies analysts see potential upside despite the stock’s premium valuation. Procter & Gamble Given Average Recommendation of Moderate Buy
• Positive Sentiment: Commentary is refocusing attention on PG’s dividend strength. The company recently paid a quarterly dividend of $1.0885 per share, equivalent to an annualized $4.35 and an approximately 3.0% yield, supporting its appeal to income-oriented and defensive investors. Procter & Gamble Dividend Strength Returns to Focus
• Positive Sentiment: PG continues to be highlighted as a long-term dividend and consumer-staples holding, reinforcing the stock’s stability appeal when investors favor established cash-generating businesses. Dividend Stocks to Buy Before August Ends
• Neutral Sentiment: Insiders Marc Pritchard and Susan Street Whaley sold shares specifically to cover tax withholding obligations connected with equity-award vesting. These sales are less concerning than open-market sales reflecting a negative view of PG’s outlook. Procter & Gamble Insider Sale
• Negative Sentiment: Chief Accounting Officer Matthew W. Janzaruk sold 359 shares, reducing his position by about 22%. Although small in dollar terms, the transaction may create modest sentiment pressure because it was not identified as a tax-withholding sale.
• Negative Sentiment: PG’s latest quarter showed revenue growth of only 1.5% year over year, with revenue below expectations and earnings down from the prior-year period. With shares trading at roughly 22 times earnings, investors may question whether the valuation adequately reflects the company’s limited near-term growth.

Procter & Gamble Company 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.