Procter & Gamble Company (The) $PG Shares Sold by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 416,710 shares of the company’s stock after selling 6,301 shares during the period. Procter & Gamble accounts for 1.1% of J. Safra Sarasin Holding AG’s portfolio, making the stock its 26th largest position. J. Safra Sarasin Holding AG’s holdings in Procter & Gamble were worth $66,410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after buying an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. raised its position 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 valued at $493,000 after acquiring an additional 277 shares in the last quarter. Lifestyle Asset Management Inc. bought a new position in Procter & Gamble during the first quarter worth $201,000. Channel Wealth LLC boosted its holdings in Procter & Gamble by 12.3% in the first quarter. Channel Wealth LLC now owns 16,170 shares of the company’s stock worth $2,756,000 after purchasing an additional 1,777 shares during the period. Finally, Beacon Financial Group increased its stake in Procter & Gamble by 1.0% during the first quarter. Beacon Financial Group now owns 9,399 shares of the company’s stock valued at $1,602,000 after purchasing an additional 94 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently commented on PG shares. Wells Fargo & Company decreased their price target 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. Evercore ISI restated an “in-line” rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. BNP Paribas Exane dropped their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. restated a “neutral” rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Finally, Berenberg Bank upped their price objective 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 research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $173.11.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $152.06 on Friday. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. The company has a market cap of $355.90 billion, a PE ratio of 23.36, a P/E/G ratio of 4.04 and a beta of 0.36. The stock has a 50 day simple moving average of $155.63 and a 200-day simple moving average of $160.17. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last announced its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter in the previous year, the business earned $1.40 EPS. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts forecast 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 paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.82%.

Insider Activity at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 9,100 shares of Procter & Gamble stock in a transaction on Tuesday, August 19th. The stock was 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 in the company, valued at approximately $4,292,684.65. This trade represents a 25.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Susan Street Whaley sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $156.84, for a total value of $156,840.00. Following the transaction, the insider directly owned 28,436 shares of the company’s stock, valued at $4,459,902.24. This represents a 3.40% decrease in their position. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock worth $18,918,012 in the last three months. Insiders own 0.20% of the company’s stock.

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.