Ewa LLC Sells 87 Shares of Procter & Gamble Company (The) $PG

Ewa LLC reduced its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,451 shares of the company’s stock after selling 87 shares during the quarter. Ewa LLC’s holdings in Procter & Gamble were worth $550,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. Nova Wealth Management Inc. bought a new stake in Procter & Gamble during the 1st quarter worth approximately $26,000. Signature Resources Capital Management LLC boosted its position in shares of 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 buying an additional 72 shares during the last quarter. Quarry LP purchased a new stake in Procter & Gamble in the 1st quarter valued at $33,000. Mizuho Securities Co. Ltd. raised its position in Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after buying an additional 170 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. lifted its stake in Procter & Gamble by 50.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after acquiring an additional 82 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PG. Evercore ISI reiterated an “in-line” rating and issued a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. BNP Paribas Exane reduced their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. UBS Group set a $180.00 price objective on Procter & Gamble and gave the company a “buy” rating in a research note on Wednesday, July 30th. Finally, Berenberg Bank lifted their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $173.11.

Procter & Gamble Stock Down 0.7%

Shares of NYSE PG opened at $152.06 on Friday. 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 stock has a market capitalization of $355.90 billion, a PE ratio of 23.36, a P/E/G ratio of 4.04 and a beta of 0.36. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The business’s fifty day moving average price is $155.63 and its 200-day moving average price is $160.17.

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

Procter & Gamble Announces Dividend

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

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the sale, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jon R. Moeller sold 40,119 shares of the firm’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 $6,309,515.13. Following the completion of the transaction, the chief executive officer owned 319,375 shares of the company’s stock, valued at $50,228,106.25. This trade represents a 11.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is currently owned by company insiders.

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.