MBA Advisors LLC Lowers Holdings in Procter & Gamble Company (The) $PG

MBA Advisors LLC reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 3.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,794 shares of the company’s stock after selling 224 shares during the period. MBA Advisors LLC’s holdings in Procter & Gamble were worth $1,082,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Unique Wealth LLC lifted its position in shares of Procter & Gamble by 2.9% in the first quarter. Unique Wealth LLC now owns 2,141 shares of the company’s stock worth $365,000 after buying an additional 61 shares in the last quarter. Stableford Capital II LLC lifted its position in shares of Procter & Gamble by 1.1% in the first quarter. Stableford Capital II LLC now owns 5,817 shares of the company’s stock worth $993,000 after buying an additional 61 shares in the last quarter. Bernard Wealth Management Corp. lifted its position in shares of Procter & Gamble by 20.2% in the first quarter. Bernard Wealth Management Corp. now owns 375 shares of the company’s stock worth $64,000 after buying an additional 63 shares in the last quarter. B & T Capital Management DBA Alpha Capital Management lifted its position in shares of Procter & Gamble by 2.3% in the first quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock worth $476,000 after buying an additional 63 shares in the last quarter. Finally, Private Management Group Inc. lifted its position in shares of Procter & Gamble by 4.8% in the first quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock worth $236,000 after buying an additional 64 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Stock Up 0.1%

Shares of NYSE:PG opened at $153.67 on Wednesday. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The stock has a market cap of $359.66 billion, a P/E ratio of 23.61, a price-to-earnings-growth ratio of 4.05 and a beta of 0.36. The business’s 50 day moving average is $155.87 and its 200 day moving average is $160.34. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49.

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, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company had revenue of $20.89 billion for the quarter, compared to analysts’ expectations of $20.79 billion. During the same quarter in the prior year, the firm earned $1.40 earnings per share. Procter & Gamble’s revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a $1.0568 dividend. 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 64.98%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on PG shares. BNP Paribas reissued an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Wells Fargo & Company reduced their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Berenberg Bank boosted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, UBS Group set a $180.00 price objective on Procter & Gamble and gave the stock a “buy” rating in a research note on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $173.68.

Insider Buying and Selling

In related news, CEO Jon R. Moeller sold 40,119 shares of the 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 $6,309,515.13. Following the transaction, the chief executive officer owned 319,375 shares of the company’s stock, valued at $50,228,106.25. This represents a 11.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. This trade represents a 22.57% 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 over the last 90 days. 0.20% of the stock is owned by 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.