Procter & Gamble Company (The) $PG Stock Position Lowered by Southeast Asset Advisors LLC

Southeast Asset Advisors LLC trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 10.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,221 shares of the company’s stock after selling 1,000 shares during the period. Southeast Asset Advisors LLC’s holdings in Procter & Gamble were worth $1,310,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Nova Wealth Management Inc. purchased a new stake in Procter & Gamble in the 1st quarter worth about $26,000. Signature Resources Capital Management LLC grew its position in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares in the last quarter. Quarry LP purchased a new stake in Procter & Gamble in the 1st quarter worth approximately $33,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the 2nd quarter valued at $34,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Procter & Gamble in the second quarter worth $37,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG opened at $146.85 on Tuesday. The company’s fifty day moving average is $150.55 and its two-hundred day moving average is $156.03. Procter & Gamble Company has a 52-week low of $144.09 and a 52-week high of $180.43. 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 market capitalization of $343.15 billion, a price-to-earnings ratio of 21.44, a P/E/G ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last released its earnings results 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 business had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. During the same period last year, the business earned $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 forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s payout ratio is 61.61%.

Insider Activity at Procter & Gamble

In related news, COO Shailesh Jejurikar sold 3,986 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 $606,788.78. Following the sale, the chief operating officer owned 46,899 shares of the company’s stock, valued at $7,139,434.77. The trade was a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Jon R. Moeller sold 11,684 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the transaction, the chief executive officer owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. This represents a 3.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 31,308 shares of company stock worth $4,768,692 in the last ninety days. Company insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

PG has been the topic of several research reports. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Bank of America reduced their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Dbs Bank raised Procter & Gamble to a “moderate buy” rating in a research note on Tuesday, October 28th. Finally, Raymond James Financial dropped their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average target price of $171.53.

Procter & Gamble 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.