ProShare Advisors LLC Reduces Stake in Procter & Gamble Company (The) $PG

ProShare Advisors LLC trimmed its holdings in Procter & Gamble Company (The) (NYSE:PG) by 2.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,470,317 shares of the company’s stock after selling 38,524 shares during the quarter. ProShare Advisors LLC’s holdings in Procter & Gamble were worth $234,251,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC boosted its holdings in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after buying an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. boosted its stake 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 acquiring an additional 277 shares in the last quarter. Summit Wealth Group LLC boosted its stake in shares of Procter & Gamble by 11.2% during the 1st quarter. Summit Wealth Group LLC now owns 7,437 shares of the company’s stock worth $1,267,000 after acquiring an additional 752 shares in the last quarter. Prism Advisors Inc. grew its holdings in Procter & Gamble by 7.1% in the first quarter. Prism Advisors Inc. now owns 1,295 shares of the company’s stock valued at $221,000 after purchasing an additional 86 shares during the period. Finally, TruNorth Capital Management LLC lifted its position in shares of Procter & Gamble by 333.9% during the 1st quarter. TruNorth Capital Management LLC now owns 2,343 shares of the company’s stock valued at $399,000 after buying an additional 1,803 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling

In other Procter & Gamble news, CFO Andre Schulten sold 4,252 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $647,281.96. Following the transaction, the chief financial officer owned 53,992 shares of the company’s stock, valued at $8,219,202.16. This represents a 7.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $149.57, for a total transaction of $108,438.25. Following the sale, the chief accounting officer owned 979 shares of the company’s stock, valued at approximately $146,429.03. This represents a 42.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 150,488 shares of company stock valued at $23,529,718. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Price Performance

PG stock opened at $146.90 on Monday. Procter & Gamble Company has a 1 year low of $144.46 and a 1 year high of $180.43. The firm has a market capitalization of $343.28 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36. 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 business has a 50 day simple moving average of $152.93 and a 200-day simple moving average of $157.02.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. During the same quarter in the previous year, the company posted $1.93 earnings per share. The firm’s revenue for the quarter 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 anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s payout ratio is presently 61.61%.

Analysts Set New Price Targets

A number of research firms have weighed in on PG. Raymond James Financial reduced their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Berenberg Bank upped their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Morgan Stanley set a $175.00 price objective on Procter & Gamble in a report on Monday, October 27th. UBS Group reduced 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. Finally, BNP Paribas Exane lowered their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $171.53.

Procter & Gamble Company Profile

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.