Insight Inv LLC Sells 6,195 Shares of Procter & Gamble Company (The) $PG

Key Points

• Insight Inv LLC reduced its holdings in Procter & Gamble by 33.7%, selling 6,195 shares, while still maintaining a total of 12,174 shares worth nearly $1.94 million.
• Insider transactions revealed that CEO Gary A. Coombe sold 10,194 shares and COO Shailesh Jejurikar sold 13,039 shares, indicating a notable decrease in their ownership stake.
• Analysts have adjusted their price targets for Procter & Gamble, with UBS lowering it from $180 to $176, while JPMorgan and Evercore also reduced their targets, indicating mixed outlooks on the company's stock performance.

Insight Inv LLC lowered its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 33.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,174 shares of the company's stock after selling 6,195 shares during the period. Insight Inv LLC's holdings in Procter & Gamble were worth $1,940,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Armstrong Fleming & Moore Inc bought a new stake in shares of Procter & Gamble in the second quarter worth $1,894,000. Tectonic Advisors LLC grew its holdings in shares of Procter & Gamble by 11.3% in the second quarter. Tectonic Advisors LLC now owns 56,059 shares of the company's stock worth $8,931,000 after acquiring an additional 5,706 shares during the period. Fulton Breakefield Broenniman LLC grew its holdings in shares of Procter & Gamble by 19.2% in the second quarter. Fulton Breakefield Broenniman LLC now owns 11,569 shares of the company's stock worth $1,843,000 after acquiring an additional 1,867 shares during the period. Beaumont Asset Management L.L.C. grew its holdings in shares of Procter & Gamble by 4.3% in the second quarter. Beaumont Asset Management L.L.C. now owns 2,358 shares of the company's stock worth $376,000 after acquiring an additional 98 shares during the period. Finally, Values Added Financial LLC bought a new stake in shares of Procter & Gamble in the second quarter worth $242,000. Institutional investors own 65.77% of the company's stock.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the transaction, the chief executive officer owned 34,978 shares of the company's stock, valued at $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Shailesh Jejurikar sold 13,039 shares of the stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $2,050,643.53. Following the transaction, the chief operating officer directly owned 28,036 shares of the company's stock, valued at approximately $4,409,221.72. The trade was a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

PG has been the subject of several research analyst reports. UBS Group cut their price objective on Procter & Gamble from $180.00 to $176.00 and set a "buy" rating for the company in a report on Wednesday. JPMorgan Chase & Co. reiterated a "neutral" rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Evercore ISI reissued an "in-line" rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Wells Fargo & Company cut their price target on Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a report on Thursday, September 25th. Finally, Berenberg Bank boosted their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a report on Wednesday, September 17th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $172.58.

Procter & Gamble Stock Performance

NYSE PG opened at $150.67 on Thursday. The firm has a market cap of $352.64 billion, a price-to-earnings ratio of 23.14, a price-to-earnings-growth ratio of 4.05 and a beta of 0.36. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The business has a 50-day moving average price of $155.26 and a 200-day moving average price of $159.72. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping 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 return on equity of 32.69% and a net margin of 18.95%.The business's quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal 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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