Procter & Gamble Company (The) $PG Shares Sold by Stack Financial Management Inc

Stack Financial Management Inc reduced its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 95,261 shares of the company’s stock after selling 1,414 shares during the quarter. Stack Financial Management Inc’s holdings in Procter & Gamble were worth $15,177,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Cypress Capital Group lifted its holdings in shares of Procter & Gamble by 1.0% in the 2nd quarter. Cypress Capital Group now owns 21,675 shares of the company’s stock worth $3,453,000 after acquiring an additional 220 shares during the last quarter. MOKAN Wealth Management Inc. lifted its holdings in shares of Procter & Gamble by 13.7% in the 2nd quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock worth $2,442,000 after acquiring an additional 1,846 shares during the last quarter. Almanack Investment Partners LLC. lifted its holdings in shares of Procter & Gamble by 12.1% in the 2nd quarter. Almanack Investment Partners LLC. now owns 7,809 shares of the company’s stock worth $1,244,000 after acquiring an additional 845 shares during the last quarter. Yarger Wealth Strategies LLC lifted its holdings in shares of Procter & Gamble by 13.8% in the 2nd quarter. Yarger Wealth Strategies LLC now owns 2,565 shares of the company’s stock worth $409,000 after acquiring an additional 311 shares during the last quarter. Finally, Retirement Planning Group LLC NY lifted its holdings in Procter & Gamble by 2.8% during the 2nd quarter. Retirement Planning Group LLC NY now owns 2,775 shares of the company’s stock worth $442,000 after buying an additional 76 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Price Performance

Shares of PG opened at $149.69 on Monday. Procter & Gamble Company has a twelve month low of $149.45 and a twelve month high of $180.43. The firm’s fifty day simple moving average is $155.24 and its 200-day simple moving average is $159.41. The firm has a market capitalization of $350.34 billion, a price-to-earnings ratio of 22.99, a PEG ratio of 3.97 and a beta of 0.36. 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 quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates 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 last year, the business earned $1.40 EPS. The company’s revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on PG shares. Evercore ISI reiterated an “in-line” rating and set a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Wells Fargo & Company reduced their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. UBS Group reduced their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a report on Wednesday. Berenberg Bank increased 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. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $172.21.

Insider Transactions at Procter & Gamble

In related news, CEO Gary A. Coombe sold 10,194 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the transaction, the chief executive officer directly owned 34,978 shares of the company’s stock, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Shailesh Jejurikar sold 13,039 shares of the stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer directly owned 28,036 shares in the company, valued at $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 149,763 shares of company stock worth $23,421,279. Insiders own 0.20% of the company’s stock.

About Procter & Gamble

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.