Procter & Gamble Company (The) $PG Holdings Decreased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 26.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 21,831 shares of the company’s stock after selling 7,698 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Procter & Gamble were worth $3,354,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Halbert Hargrove Global Advisors LLC acquired a new position in shares of Procter & Gamble during the third quarter valued at approximately $25,000. Corundum Trust Company INC bought a new position in Procter & Gamble during the 3rd quarter valued at $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Procter & Gamble during the 2nd quarter valued at $34,000. Marquette Asset Management LLC bought a new stake in shares of Procter & Gamble in the 3rd quarter worth $37,000. Finally, Manning & Napier Advisors LLC acquired a new stake in shares of Procter & Gamble in the third quarter valued at $44,000. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Procter & Gamble

In related news, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction on 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 owned 182,607 shares of the company’s stock, valued at approximately $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ma. Fatima Francisco sold 8,000 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $158.00, for a total value of $1,264,000.00. Following the completion of the transaction, the chief executive officer directly owned 6,571 shares in the company, valued at approximately $1,038,218. The trade was a 54.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on PG shares. Wells Fargo & Company boosted their price target on shares of Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Piper Sandler initiated coverage on shares of Procter & Gamble in a report on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 target price on the stock. TD Cowen lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and increased their target price for the company from $150.00 to $156.00 in a research note on Tuesday, January 27th. Raymond James Financial decreased their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Finally, JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $157.00 to $165.00 in a research report on Friday, January 23rd. Thirteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $167.67.

Procter & Gamble Stock Up 0.8%

Shares of Procter & Gamble stock opened at $161.27 on Friday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99. The company has a market cap of $374.79 billion, a P/E ratio of 23.89, a P/E/G ratio of 5.32 and a beta of 0.38. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The stock has a 50-day moving average price of $146.80 and a 200 day moving average price of $150.44.

Procter & Gamble (NYSE:PG) last issued its 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 the consensus estimate of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be paid a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.6%. Procter & Gamble’s dividend payout ratio (DPR) is 62.67%.

Procter & Gamble Profile

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.