Fort Sheridan Advisors LLC Sells 908 Shares of Procter & Gamble Company (The) $PG

Fort Sheridan Advisors LLC cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,627 shares of the company’s stock after selling 908 shares during the quarter. Procter & Gamble makes up approximately 1.2% of Fort Sheridan Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Fort Sheridan Advisors LLC’s holdings in Procter & Gamble were worth $8,385,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of PG. Nova Wealth Management Inc. acquired a new stake in Procter & Gamble during the first quarter worth approximately $26,000. Signature Resources Capital Management LLC increased its stake in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the period. Quarry LP acquired a new stake in Procter & Gamble during the 1st quarter worth approximately $33,000. Mid American Wealth Advisory Group Inc. acquired a new position in Procter & Gamble in the 2nd quarter valued at $34,000. Finally, RMG Wealth Management LLC acquired a new position in Procter & Gamble in the 2nd quarter valued at $37,000. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In related news, 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 sale, the insider directly owned 31,770 shares of the company’s stock, valued at $4,836,347.10. This trade represents a 7.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Jennifer L. Davis sold 3,227 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $491,246.21. Following the completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. Insiders sold 30,308 shares of company stock worth $4,611,852 over the last quarter. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $147.40 on Tuesday. The firm has a 50 day moving average of $149.67 and a 200-day moving average of $155.63. Procter & Gamble Company has a 12 month low of $144.09 and a 12 month high of $180.16. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $344.44 billion, a PE ratio of 21.52, a PEG ratio of 3.87 and a beta of 0.36.

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

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were issued a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is 61.61%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on PG. Bank of America dropped their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. UBS Group dropped their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Barclays decreased their target price on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, November 19th. Finally, BNP Paribas reissued an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Twelve research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $171.53.

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.