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

Clarius Group LLC decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,919 shares of the company’s stock after selling 654 shares during the quarter. Clarius Group LLC’s holdings in Procter & Gamble were worth $3,173,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of PG. Brighton Jones LLC raised its stake in shares of Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after buying an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. increased its holdings in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after acquiring an additional 277 shares in the last quarter. Intellectus Partners LLC raised its position in Procter & Gamble by 12.2% during the first quarter. Intellectus Partners LLC now owns 4,746 shares of the company’s stock worth $809,000 after acquiring an additional 516 shares during the last quarter. McNamara Financial Services Inc. lifted its holdings in shares of Procter & Gamble by 37.9% in the first quarter. McNamara Financial Services Inc. now owns 3,045 shares of the company’s stock valued at $519,000 after purchasing an additional 837 shares in the last quarter. Finally, Sovereign Financial Group Inc. grew its position in shares of Procter & Gamble by 20.7% in the first quarter. Sovereign Financial Group Inc. now owns 5,758 shares of the company’s stock valued at $981,000 after purchasing an additional 987 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the sale, the chief executive officer owned 34,978 shares in the company, valued at approximately $5,532,120.48. The trade was a 22.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jon R. Moeller sold 40,119 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the completion of the transaction, the chief executive officer owned 319,375 shares in the company, valued at $50,228,106.25. The trade was a 11.16% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock valued at $18,918,012 in the last ninety days. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Up 0.1%

Shares of PG stock opened at $152.19 on Friday. The firm’s 50-day simple moving average is $155.51 and its 200-day simple moving average is $160.00. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43. The firm has a market cap of $356.20 billion, a P/E ratio of 23.38, a PEG ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. The firm had revenue of $20.89 billion during 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%. Procter & Gamble’s revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is 64.98%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on PG shares. Evercore ISI restated an “in-line” rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a report on Saturday, September 27th. BNP Paribas reaffirmed an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Barclays dropped their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a research report on Wednesday. Finally, BNP Paribas Exane reduced their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $173.11.

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.