Frank Rimerman Advisors LLC Sells 4,747 Shares of Procter & Gamble Company (The) $PG

Frank Rimerman Advisors LLC decreased its stake in Procter & Gamble Company (The) (NYSE:PG) by 16.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,658 shares of the company’s stock after selling 4,747 shares during the period. Frank Rimerman Advisors LLC’s holdings in Procter & Gamble were worth $3,789,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PG. Centric Wealth Management increased its holdings in shares of Procter & Gamble by 1.2% during the third quarter. Centric Wealth Management now owns 23,815 shares of the company’s stock worth $3,581,000 after buying an additional 272 shares in the last quarter. Werba Rubin Papier Wealth Management grew its position in Procter & Gamble by 78.4% during the 3rd quarter. Werba Rubin Papier Wealth Management now owns 2,267 shares of the company’s stock worth $348,000 after acquiring an additional 996 shares during the last quarter. Core Wealth Partners LLC increased its holdings in Procter & Gamble by 8.1% in the 3rd quarter. Core Wealth Partners LLC now owns 14,936 shares of the company’s stock worth $2,295,000 after purchasing an additional 1,115 shares in the last quarter. Howard Capital Management Inc. raised its position in Procter & Gamble by 2.5% in the third quarter. Howard Capital Management Inc. now owns 18,381 shares of the company’s stock valued at $2,824,000 after purchasing an additional 445 shares during the last quarter. Finally, Berman McAleer LLC acquired a new stake in shares of Procter & Gamble during the third quarter valued at about $1,008,000. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In related news, insider Marc S. Pritchard sold 95,903 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the transaction, the insider owned 182,607 shares in the company, valued at $27,601,048.05. The trade was a 34.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

PG has been the subject of a number of research reports. UBS Group raised their price objective on shares of Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Wells Fargo & Company upped their price target on shares of Procter & Gamble from $158.00 to $165.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a report on Monday, October 27th. Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and increased their price objective for the company from $156.00 to $179.00 in a report on Tuesday, December 16th. Finally, Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and an average price target of $167.00.

Procter & Gamble Stock Performance

Shares of PG opened at $151.80 on Friday. 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 firm’s fifty day simple moving average is $144.89 and its two-hundred day simple moving average is $150.33. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $179.99. The stock has a market capitalization of $352.78 billion, a P/E ratio of 22.49, a price-to-earnings-growth ratio of 4.98 and a beta of 0.39.

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

Procter & Gamble Dividend Announcement

The business 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 dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is 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.