Procter & Gamble Company (The) $PG Shares Sold by Diversify Advisory Services LLC

Diversify Advisory Services LLC reduced its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 26.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,446 shares of the company’s stock after selling 5,953 shares during the period. Diversify Advisory Services LLC’s holdings in Procter & Gamble were worth $2,434,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC bought a new stake in Procter & Gamble during the third quarter valued at $25,000. Corundum Trust Company INC bought a new position in shares of Procter & Gamble in the 3rd quarter worth about $32,000. Caitlin John LLC acquired a new position in shares of Procter & Gamble in the 3rd quarter valued at about $34,000. Marquette Asset Management LLC acquired a new position in shares of Procter & Gamble in the 3rd quarter valued at about $37,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Procter & Gamble during the 3rd quarter valued at about $40,000. 65.77% of the stock is currently owned by institutional investors.

Insider Activity at Procter & Gamble

In related news, Chairman Jon R. Moeller sold 162,232 shares of Procter & Gamble stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the sale, the chairman directly owned 319,385 shares in the company, valued at $51,884,093.25. The trade was a 33.68% 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, insider Marc S. Pritchard sold 95,903 shares of the company’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the completion of the sale, the insider directly owned 182,607 shares of the company’s stock, valued at $27,601,048.05. The trade was a 34.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 348,618 shares of company stock worth $55,462,643 in the last ninety days. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on PG shares. Wells Fargo & Company reissued an “overweight” rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Tuesday, February 17th. Erste Group Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft cut their price target on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a report on Monday, December 8th. Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and boosted their price objective for the company from $156.00 to $179.00 in a research report on Tuesday, December 16th. Finally, BNP Paribas Exane lowered their price objective on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $168.33.

Procter & Gamble Price Performance

NYSE PG opened at $155.33 on Tuesday. The company has a 50-day moving average price of $152.56 and a two-hundred day moving average price of $151.08. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $179.99. The stock has a market cap of $360.98 billion, a price-to-earnings ratio of 23.01, a price-to-earnings-growth ratio of 5.13 and a beta of 0.37. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The company had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.7%. Procter & Gamble’s payout ratio is presently 62.67%.

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.