Ewa LLC Sells 87 Shares of Procter & Gamble Company (The) $PG

Ewa LLC lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,451 shares of the company’s stock after selling 87 shares during the quarter. Ewa LLC’s holdings in Procter & Gamble were worth $550,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC raised its position in Procter & Gamble by 655,209.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock valued at $11,832,680,000 after purchasing an additional 76,017,350 shares during the last quarter. Nuveen LLC acquired a new position in shares of Procter & Gamble in the first quarter valued at approximately $1,954,941,000. Price T Rowe Associates Inc. MD boosted its position in Procter & Gamble by 13.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company’s stock worth $3,660,737,000 after buying an additional 2,466,308 shares during the period. Invesco Ltd. grew its holdings in Procter & Gamble by 19.8% during the 1st quarter. Invesco Ltd. now owns 13,493,604 shares of the company’s stock worth $2,299,580,000 after acquiring an additional 2,228,151 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its position in Procter & Gamble by 140.4% in the 1st quarter. Assenagon Asset Management S.A. now owns 2,663,246 shares of the company’s stock valued at $453,870,000 after acquiring an additional 1,555,504 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Down 0.7%

Shares of NYSE:PG opened at $152.06 on Friday. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The business’s 50-day moving average is $155.63 and its 200-day moving average is $160.17. The company has a market capitalization of $355.90 billion, a price-to-earnings ratio of 23.36, a P/E/G ratio of 4.04 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06. The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.40 earnings per share. 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 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is currently 64.82%.

Insiders Place Their Bets

In other news, CEO Gary A. Coombe sold 10,194 shares of the firm’s stock in a transaction dated Thursday, August 21st. The stock was 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 directly owned 34,978 shares in the company, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Jennifer L. Davis sold 8,596 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,351,892.92. Following the transaction, the chief executive officer directly owned 64,991 shares in the company, valued at approximately $10,221,134.57. This trade represents a 11.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 120,181 shares of company stock valued at $18,918,012. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on PG shares. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Wells Fargo & Company reduced their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Evercore ISI reissued an “in-line” rating and issued a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Barclays cut their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Finally, UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the company a “buy” rating in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently 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.