Mascoma Wealth Management LLC Sells 69 Shares of Procter & Gamble Company (The) $PG

Mascoma Wealth Management LLC lowered its holdings in Procter & Gamble Company (The) (NYSE:PG) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,056 shares of the company’s stock after selling 69 shares during the quarter. Mascoma Wealth Management LLC’s holdings in Procter & Gamble were worth $328,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Simplicity Wealth LLC increased its stake in Procter & Gamble by 83.6% in the second quarter. Simplicity Wealth LLC now owns 103,844 shares of the company’s stock valued at $16,545,000 after acquiring an additional 47,288 shares during the period. Brown Miller Wealth Management LLC grew its stake in Procter & Gamble by 1.8% during the second quarter. Brown Miller Wealth Management LLC now owns 22,805 shares of the company’s stock worth $3,633,000 after buying an additional 403 shares during the last quarter. OLD National Bancorp IN grew its stake in Procter & Gamble by 44.6% during the second quarter. OLD National Bancorp IN now owns 84,057 shares of the company’s stock worth $13,392,000 after buying an additional 25,921 shares during the last quarter. Capital City Trust Co. FL grew its stake in Procter & Gamble by 1.0% during the second quarter. Capital City Trust Co. FL now owns 41,548 shares of the company’s stock worth $6,619,000 after buying an additional 403 shares during the last quarter. Finally, Sutton Place Investors LLC grew its stake in Procter & Gamble by 12.4% during the second quarter. Sutton Place Investors LLC now owns 1,426 shares of the company’s stock worth $227,000 after buying an additional 157 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

PG opened at $152.19 on Friday. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. 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 company’s 50 day simple moving average is $155.51 and its 200-day simple moving average is $160.00. The stock has a market capitalization of $356.20 billion, a P/E ratio of 23.38, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data 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 net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period in the prior year, the business posted $1.40 earnings per share. Procter & Gamble’s 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. Sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio is currently 64.98%.

Analyst Ratings Changes

Several brokerages have weighed in on PG. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Evercore ISI reaffirmed an “in-line” rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. BNP Paribas Exane decreased their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, BNP Paribas reissued an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.11.

Insiders Place Their Bets

In related news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value 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 represents a 18.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Marc S. Pritchard sold 9,849 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the completion of the sale, the insider owned 182,422 shares in the company, valued at approximately $28,689,507.94. This trade represents a 5.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 120,181 shares of company stock valued at $18,918,012 over the last three months. 0.20% of the stock is owned by insiders.

Procter & Gamble Company 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.