Procter & Gamble Company (The) $PG Shares Sold by Holistic Financial Partners

Holistic Financial Partners lowered its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 52.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,532 shares of the company’s stock after selling 5,056 shares during the period. Holistic Financial Partners’ holdings in Procter & Gamble were worth $696,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Procter & Gamble in the third quarter valued at approximately $25,000. Corundum Trust Company INC purchased a new stake in shares of Procter & Gamble in the third quarter valued at about $32,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the second quarter worth about $34,000. Marquette Asset Management LLC purchased a new position in shares of Procter & Gamble during the third quarter worth about $37,000. Finally, Manning & Napier Advisors LLC acquired a new position in Procter & Gamble in the 3rd quarter valued at about $44,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. BNP Paribas Exane decreased their price target on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Barclays set a $155.00 target price on Procter & Gamble in a research report on Friday, January 16th. TD Cowen downgraded Procter & Gamble from a “buy” rating to a “hold” rating and lifted their price target for the company from $150.00 to $156.00 in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft reduced their target price on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. Finally, Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Thirteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus price target of $167.67.

Read Our Latest Stock Analysis on Procter & Gamble

Insiders Place Their Bets

In other Procter & Gamble news, CEO Gary A. Coombe sold 36,093 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.33, for a total value of $5,858,976.69. Following the transaction, the chief executive officer directly owned 34,994 shares of the company’s stock, valued at $5,680,576.02. This trade represents a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Chairman Jon R. Moeller sold 162,232 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.45, for a total value of $26,354,588.40. Following the transaction, the chairman owned 319,385 shares in the company, valued at approximately $51,884,093.25. This represents a 33.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 326,091 shares of company stock worth $51,795,360. 0.20% of the stock is owned by company insiders.

Procter & Gamble Stock Down 0.7%

Shares of NYSE PG opened at $160.11 on Tuesday. The firm has a market cap of $372.09 billion, a P/E ratio of 23.72, a price-to-earnings-growth ratio of 5.32 and a beta of 0.38. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99. The firm’s 50 day moving average price is $147.57 and its 200 day moving average price is $150.47.

Procter & Gamble (NYSE:PGGet Free Report) last posted its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. The business 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 was up 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be given a $1.0568 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.6%. Procter & Gamble’s dividend payout ratio is presently 62.67%.

Procter & Gamble Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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