Procter & Gamble Company (The) $PG Position Cut by Wolff Wiese Magana LLC

Wolff Wiese Magana LLC lowered its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,171 shares of the company’s stock after selling 86 shares during the period. Wolff Wiese Magana LLC’s holdings in Procter & Gamble were worth $1,302,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC grew its position in Procter & Gamble by 655,209.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock valued at $11,832,680,000 after buying an additional 76,017,350 shares in the last quarter. Nuveen LLC bought a new position in shares of Procter & Gamble in the first quarter valued at approximately $1,954,941,000. Price T Rowe Associates Inc. MD increased its stake in shares of Procter & Gamble by 13.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company’s stock valued at $3,660,737,000 after acquiring an additional 2,466,308 shares during the period. Invesco Ltd. raised its holdings in Procter & Gamble by 19.8% during the first quarter. Invesco Ltd. now owns 13,493,604 shares of the company’s stock worth $2,299,580,000 after purchasing an additional 2,228,151 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Procter & Gamble by 140.4% in the first quarter. Assenagon Asset Management S.A. now owns 2,663,246 shares of the company’s stock worth $453,870,000 after purchasing an additional 1,555,504 shares during the period. Institutional investors own 65.77% of the company’s stock.

Insider Activity

In related news, CEO Ma. Fatima Francisco sold 9,100 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,431,157.00. Following the transaction, the chief executive officer directly owned 27,295 shares of the company’s stock, valued at approximately $4,292,684.65. The trade was a 25.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Susan Street Whaley sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $156.84, for a total transaction of $156,840.00. Following the completion of the transaction, the insider owned 28,436 shares in the company, valued at approximately $4,459,902.24. This represents a 3.40% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 120,181 shares of company stock worth $18,918,012. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Up 0.6%

PG stock opened at $153.42 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The firm has a market capitalization of $359.08 billion, a P/E ratio of 23.57, a P/E/G ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The company’s 50 day simple moving average is $155.97 and its 200-day simple moving average is $160.39.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.79 billion. During the same period in the previous year, the company posted $1.40 EPS. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio is currently 64.82%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PG. Wells Fargo & Company lowered their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Berenberg Bank lifted their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Evercore ISI reissued an “in-line” rating and issued a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. BNP Paribas reiterated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Finally, UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $173.68.

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.