Holistic Financial Partners Decreases Stock Position in Procter & Gamble Company (The) $PG

Holistic Financial Partners decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 52.7% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,532 shares of the company’s stock after selling 5,056 shares during the period. Holistic Financial Partners’ holdings in Procter & Gamble were worth $696,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Procter & Gamble in the third quarter worth about $25,000. Corundum Trust Company INC purchased a new stake in Procter & Gamble during the 3rd quarter worth approximately $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at approximately $34,000. Marquette Asset Management LLC purchased a new position in shares of Procter & Gamble during the 3rd quarter valued at approximately $37,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Procter & Gamble during the third quarter worth approximately $44,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PG. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a report on Monday, October 27th. Raymond James Financial cut their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research note on Monday, October 20th. UBS Group lifted their price target on Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Finally, Wells Fargo & Company increased their target price on Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a report on Friday, January 23rd. Thirteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $167.67.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 36,093 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $162.33, for a total value of $5,858,976.69. Following the completion of the transaction, the chief executive officer owned 34,994 shares of the company’s stock, valued at approximately $5,680,576.02. This represents a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the sale, the insider owned 182,607 shares in the company, valued at approximately $27,601,048.05. This represents a 34.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 326,091 shares of company stock valued at $51,795,360. 0.20% of the stock is currently owned by insiders.

Procter & Gamble Trading Down 0.7%

NYSE:PG opened at $160.11 on Tuesday. The firm has a market capitalization of $372.09 billion, a P/E ratio of 23.72, a P/E/G ratio of 5.32 and a beta of 0.38. The business has a 50 day simple moving average of $147.57 and a 200 day simple moving average of $150.47. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The company had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. During the same quarter in the previous year, the company posted $1.88 earnings per share. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s payout ratio is 62.67%.

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.