Panoramic Capital Partners LLC Trims Holdings in Procter & Gamble Company (The) $PG

Panoramic Capital Partners LLC lowered its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 8.7% in the second quarter, Holdings Channel reports. The institutional investor owned 1,549 shares of the company’s stock after selling 148 shares during the quarter. Panoramic Capital Partners LLC’s holdings in Procter & Gamble were worth $249,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new position in Procter & Gamble during the first quarter worth $26,000. Signature Resources Capital Management LLC raised its holdings in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the period. Quarry LP bought a new position in shares of Procter & Gamble in the 1st quarter worth about $33,000. Mizuho Securities Co. Ltd. boosted its holdings in shares of Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after buying an additional 170 shares during the period. Finally, Quest 10 Wealth Builders Inc. grew its position in shares of Procter & Gamble by 50.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after buying an additional 82 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 9,100 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,431,157.00. Following the completion of the sale, the chief executive officer directly owned 27,295 shares of the company’s stock, valued at approximately $4,292,684.65. This represents a 25.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jennifer L. Davis sold 8,596 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,351,892.92. Following the completion of the transaction, the chief executive officer directly owned 64,991 shares in the company, valued at $10,221,134.57. This represents a 11.68% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Barclays set a $164.00 target price on shares of Procter & Gamble and gave the stock an “equal weight” rating in a report on Thursday, July 31st. BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Berenberg Bank raised their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the stock a “buy” rating in a research report on Wednesday, July 30th. Finally, BNP Paribas Exane cut their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $173.68.

Procter & Gamble Stock Performance

PG stock opened at $153.67 on Wednesday. The company has a 50-day simple moving average of $155.87 and a 200 day simple moving average of $160.34. The company has a market capitalization of $359.66 billion, a P/E ratio of 23.61, a PEG ratio of 4.05 and a beta of 0.36. 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 Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43.

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

Procter & Gamble Dividend Announcement

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

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.