Seneca House Advisors Sells 127 Shares of Procter & Gamble Company (The) $PG

Seneca House Advisors cut its holdings in Procter & Gamble Company (The) (NYSE:PG) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,688 shares of the company’s stock after selling 127 shares during the period. Procter & Gamble makes up approximately 0.8% of Seneca House Advisors’ portfolio, making the stock its 27th biggest position. Seneca House Advisors’ holdings in Procter & Gamble were worth $1,862,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in PG. Brighton Jones LLC grew its stake in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after buying an additional 13,617 shares during the period. Bank Pictet & Cie Europe AG grew its stake in shares of Procter & Gamble by 493.6% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company’s stock valued at $57,294,000 after buying an additional 284,174 shares during the period. Two Sigma Advisers LP grew its stake in shares of Procter & Gamble by 100.5% in the 4th quarter. Two Sigma Advisers LP now owns 110,300 shares of the company’s stock valued at $18,492,000 after buying an additional 55,300 shares during the period. Two Sigma Investments LP grew its stake in shares of Procter & Gamble by 2.4% in the 4th quarter. Two Sigma Investments LP now owns 18,133 shares of the company’s stock valued at $3,040,000 after buying an additional 433 shares during the period. Finally, Westwood Holdings Group Inc. grew its stake in shares of Procter & Gamble by 23.4% in the 4th quarter. Westwood Holdings Group Inc. now owns 9,746 shares of the company’s stock valued at $1,634,000 after buying an additional 1,848 shares during the period. 65.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PG. BNP Paribas restated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Wells Fargo & Company cut their price target on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating for the company in a research note on Wednesday, July 30th. UBS Group set a $180.00 price target on Procter & Gamble and gave the company a “buy” rating in a research note on Wednesday, July 30th. Evercore ISI reiterated an “in-line” rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Finally, Barclays set a $164.00 price target on Procter & Gamble and gave the company an “equal weight” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average price target of $175.12.

Procter & Gamble Stock Up 0.8%

PG opened at $158.08 on Wednesday. The company has a fifty day moving average price of $156.14 and a 200-day moving average price of $161.62. The firm has a market capitalization of $369.98 billion, a P/E ratio of 24.28, a price-to-earnings-growth ratio of 4.14 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a $1.0568 dividend. The ex-dividend date was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.7%. Procter & Gamble’s payout ratio is 64.98%.

Insider Buying and Selling

In related news, insider Marc S. Pritchard sold 9,849 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the completion of the transaction, the insider directly owned 182,422 shares in the company, valued at approximately $28,689,507.94. The trade was a 5.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the sale, the chief executive officer owned 34,978 shares of the company’s stock, valued at approximately $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock valued at $18,918,012 in the last three months. 0.20% of the stock is owned by corporate 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.