Fiduciary Wealth Partners LLC Sells 2,010 Shares of Procter & Gamble Company (The) $PG

Fiduciary Wealth Partners LLC cut its holdings in Procter & Gamble Company (The) (NYSE:PG) by 74.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 673 shares of the company’s stock after selling 2,010 shares during the quarter. Fiduciary Wealth Partners LLC’s holdings in Procter & Gamble were worth $107,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Ingalls & Snyder LLC increased its stake in shares of Procter & Gamble by 0.3% in the 2nd quarter. Ingalls & Snyder LLC now owns 232,081 shares of the company’s stock valued at $36,975,000 after acquiring an additional 673 shares in the last quarter. Dodds Wealth LLC grew its holdings in Procter & Gamble by 10.5% in the second quarter. Dodds Wealth LLC now owns 1,581 shares of the company’s stock worth $252,000 after purchasing an additional 150 shares during the period. Brian Low Financial Group LLC bought a new stake in Procter & Gamble in the second quarter valued at $247,000. B & T Capital Management DBA Alpha Capital Management raised its holdings in shares of Procter & Gamble by 5.0% during the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,935 shares of the company’s stock valued at $468,000 after purchasing an additional 140 shares during the period. Finally, AG2R LA Mondiale Gestion D Actifs raised its holdings in shares of Procter & Gamble by 0.4% during the second quarter. AG2R LA Mondiale Gestion D Actifs now owns 117,914 shares of the company’s stock valued at $18,786,000 after purchasing an additional 447 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently commented on PG shares. Raymond James Financial decreased their target price on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. BNP Paribas restated an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. Barclays cut their target price on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 1st. Wells Fargo & Company decreased their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Finally, UBS Group dropped their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $171.68.

Procter & Gamble Trading Up 0.3%

Shares of PG stock opened at $152.62 on Friday. Procter & Gamble Company has a 52-week low of $146.96 and a 52-week high of $180.43. The company has a 50-day simple moving average of $154.66 and a two-hundred day simple moving average of $158.41. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The company has a market capitalization of $357.21 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 4.05 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be given a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.98%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CFO Andre Schulten sold 11,638 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the sale, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. This represents a 18.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble 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 transaction, the chief executive officer owned 34,978 shares of the company’s stock, valued at approximately $5,532,120.48. This trade represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 149,763 shares of company stock valued at $23,421,279 in the last 90 days. 0.20% of the stock is currently owned by company insiders.

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.