Stevens Capital Management LP Trims Position in Procter & Gamble Company (The) $PG

Stevens Capital Management LP decreased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 35.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,887 shares of the company’s stock after selling 3,218 shares during the quarter. Stevens Capital Management LP’s holdings in Procter & Gamble were worth $938,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in PG. Nova Wealth Management Inc. purchased a new position in shares of Procter & Gamble during the first quarter valued at about $26,000. Signature Resources Capital Management LLC boosted its position in Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP bought a new position in shares of Procter & Gamble in the 1st quarter worth approximately $33,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Procter & Gamble in the 2nd quarter valued at approximately $34,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Procter & Gamble during the second quarter valued at approximately $37,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Price Performance

PG opened at $150.84 on Friday. The company’s 50-day simple moving average is $150.75 and its two-hundred day simple moving average is $156.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The stock has a market capitalization of $352.47 billion, a P/E ratio of 22.02, a P/E/G ratio of 3.87 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $144.09 and a 52-week high of $180.43.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same period in the previous year, the company earned $1.93 earnings per share. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is 61.61%.

Insider Buying and Selling

In related news, CEO Jennifer L. Davis sold 3,227 shares of the company’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 $491,246.21. Following the completion of the sale, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Susan Street Whaley sold 2,408 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $366,569.84. Following the completion of the transaction, the insider directly owned 31,770 shares in the company, valued at $4,836,347.10. The trade was a 7.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,308 shares of company stock valued at $4,768,692 over the last ninety days. 0.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently commented on PG shares. BNP Paribas restated an “outperform” rating and set a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Barclays lowered their price target 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, October 1st. Raymond James Financial cut their price objective on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. UBS Group lowered their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Finally, Dbs Bank upgraded Procter & Gamble to a “moderate buy” rating in a research note on Tuesday, October 28th. Twelve 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 currently has a consensus rating of “Moderate Buy” and an average price target of $171.53.

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.