IFP Advisors Inc Buys 4,484 Shares of Procter & Gamble Company (The) $PG

Key Points

• IFP Advisors Inc has increased its stake in Procter & Gamble by 8.0% during the second quarter, owning 60,784 shares valued at approximately $9.9 million after purchasing an additional 4,484 shares.
• Insider trading activity was noted, with CEO Jon R. Moeller selling 40,119 shares and Gary A. Coombe selling 10,194 shares, leading to significant decreases in their ownership.
• Recent analyst ratings indicate a consensus rating of "Moderate Buy" for Procter & Gamble, with price targets ranging from $153.00 to $176.00 by various firms.

IFP Advisors Inc increased its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 8.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 60,784 shares of the company's stock after purchasing an additional 4,484 shares during the quarter. IFP Advisors Inc's holdings in Procter & Gamble were worth $9,907,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PG. Nova Wealth Management Inc. bought a new position in Procter & Gamble in the 1st quarter worth $26,000. Signature Resources Capital Management LLC raised its holdings in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock valued at $28,000 after acquiring an additional 72 shares during the period. Quarry LP bought a new stake in Procter & Gamble during the first quarter valued at about $33,000. Mizuho Securities Co. Ltd. raised its holdings in Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after acquiring an additional 170 shares during the period. Finally, RMG Wealth Management LLC bought a new stake in Procter & Gamble during the second quarter valued at about $37,000. 65.77% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the completion of the transaction, the chief executive officer owned 319,375 shares in the company, valued at $50,228,106.25. The trade was a 11.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gary A. Coombe sold 10,194 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the transaction, the chief executive officer owned 34,978 shares of the company's stock, valued at $5,532,120.48. This trade represents a 22.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,763 shares of company stock valued at $23,421,279 in the last quarter. 0.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have commented on PG. Wells Fargo & Company decreased their price target on Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating on the stock in a report on Thursday, September 25th. UBS Group decreased their price target on Procter & Gamble from $180.00 to $176.00 and set a "buy" rating on the stock in a report on Wednesday. Barclays decreased their price target on Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating on the stock in a report on Wednesday, October 1st. BNP Paribas Exane cut their price objective on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a research report on Tuesday, September 23rd. Finally, Berenberg Bank raised their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a research report on Wednesday, September 17th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Procter & Gamble has a consensus rating of "Moderate Buy" and an average price target of $172.58.

Procter & Gamble Trading Down 0.1%

PG opened at $150.53 on Friday. The firm has a market cap of $352.31 billion, a P/E ratio of 23.12, a P/E/G ratio of 4.00 and a beta of 0.36. Procter & Gamble Company has a 12 month low of $149.58 and a 12 month high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The stock has a 50-day moving average of $155.26 and a 200 day moving average of $159.62.

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

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.

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