Franklin Street Advisors Inc. NC Sells 248 Shares of Procter & Gamble Company (The) $PG

Franklin Street Advisors Inc. NC decreased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.4% in the second quarter, Holdings Channel.com reports. The fund owned 63,481 shares of the company’s stock after selling 248 shares during the period. Franklin Street Advisors Inc. NC’s holdings in Procter & Gamble were worth $10,114,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Nova Wealth Management Inc. bought a new position in Procter & Gamble during the first quarter valued at $26,000. Signature Resources Capital Management LLC lifted 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 during the last quarter. Quarry LP bought a new position in Procter & Gamble during the first quarter valued at $33,000. Mizuho Securities Co. Ltd. lifted its position in Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 170 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. lifted its position in Procter & Gamble by 50.3% during the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after purchasing an additional 82 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Up 0.1%

PG stock opened at $152.19 on Friday. The company has a market capitalization of $356.20 billion, a PE ratio of 23.38, a P/E/G ratio of 4.01 and a beta of 0.36. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. The firm’s 50-day moving average is $155.51 and its 200 day moving average is $160.06. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. The company 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 firm’s revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently declared 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 (DPR) is currently 64.98%.

Analyst Ratings Changes

Several equities analysts have commented on PG shares. Barclays lowered their price objective on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research report on Wednesday. Berenberg Bank raised their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Wells Fargo & Company lowered their target price 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. Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a report on Saturday, September 27th. Finally, BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $173.11.

Insider Buying and Selling

In related news, CEO Jon R. Moeller sold 40,119 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $6,309,515.13. Following 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Andre Schulten sold 11,638 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares in the company, valued at $8,279,007.34. This trade represents a 18.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 over the last ninety days. 0.20% of the stock is owned by 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.