Sachetta LLC Reduces Stock Position in Procter & Gamble Company (The) $PG

Sachetta LLC decreased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 9.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,516 shares of the company’s stock after selling 561 shares during the quarter. Sachetta LLC’s holdings in Procter & Gamble were worth $879,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. grew its stake in shares of Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after buying an additional 277 shares during the period. Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Procter & Gamble by 3.7% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 7,734 shares of the company’s stock worth $1,263,000 after buying an additional 275 shares during the last quarter. RDA Financial Network raised its position in shares of Procter & Gamble by 12.8% during the 1st quarter. RDA Financial Network now owns 1,865 shares of the company’s stock valued at $318,000 after buying an additional 211 shares during the period. Finally, Wedge Capital Management L L P NC lifted its holdings in Procter & Gamble by 2.9% in the first quarter. Wedge Capital Management L L P NC now owns 4,138 shares of the company’s stock valued at $705,000 after acquiring an additional 116 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Stock Down 1.2%

Shares of PG opened at $150.47 on Tuesday. The company’s 50-day simple moving average is $155.38 and its 200-day simple moving average is $159.84. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The stock has a market capitalization of $352.17 billion, a PE ratio of 23.11, a P/E/G ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its earnings results 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. The firm 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 for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Insider Buying and Selling at Procter & Gamble

In related news, insider Balaji Purushothaman sold 490 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $74,592.70. Following the completion of the transaction, the insider directly owned 12,616 shares of the company’s stock, valued at $1,920,533.68. The trade was a 3.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Andre Schulten sold 4,252 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $647,281.96. Following the completion of the sale, the chief financial officer directly owned 53,992 shares in the company, valued at $8,219,202.16. This represents a 7.30% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 149,763 shares of company stock valued at $23,421,279. Insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on PG. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a research note on Saturday, September 27th. Wells Fargo & Company lowered their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Berenberg Bank boosted their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Finally, BNP Paribas reaffirmed an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $173.11.

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.