Comprehensive Financial Consultants Institutional Inc. Reduces Stock Position in Procter & Gamble Company (The) $PG

Comprehensive Financial Consultants Institutional Inc. cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 3.7% in the second quarter, Holdings Channel.com reports. The firm owned 8,870 shares of the company’s stock after selling 344 shares during the quarter. Comprehensive Financial Consultants Institutional Inc.’s holdings in Procter & Gamble were worth $1,413,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in PG. Brighton Jones LLC grew its position in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. lifted its holdings in Procter & Gamble by 10.6% in the first 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 during the last quarter. LexAurum Advisors LLC lifted its holdings in Procter & Gamble by 4.7% in the first quarter. LexAurum Advisors LLC now owns 6,770 shares of the company’s stock valued at $1,154,000 after acquiring an additional 305 shares during the last quarter. Perennial Advisors LLC acquired a new position in Procter & Gamble in the first quarter valued at approximately $351,000. Finally, Revolve Wealth Partners LLC lifted its holdings in Procter & Gamble by 6.1% in the first quarter. Revolve Wealth Partners LLC now owns 6,547 shares of the company’s stock valued at $1,116,000 after acquiring an additional 377 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on PG shares. BNP Paribas Exane decreased their price objective on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Wells Fargo & Company decreased their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Berenberg Bank upped their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Finally, Barclays decreased their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $173.11.

Procter & Gamble Stock Up 0.1%

NYSE:PG opened at $152.19 on Monday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The stock’s fifty day moving average is $155.51 and its two-hundred day moving average is $159.95. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The stock has a market capitalization of $356.20 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.06. The business had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the firm earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.82%.

Insiders Place Their Bets

In other news, insider Susan Street Whaley sold 1,000 shares of the stock in a transaction on Friday, August 29th. The stock was sold at an average price of $156.84, for a total value of $156,840.00. Following the sale, the insider directly owned 28,436 shares in the company, valued at approximately $4,459,902.24. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 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 ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is owned by company insiders.

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.