Jones Financial Companies Lllp Reduces Position in Procter & Gamble Company (The) $PG

Key Points

• Jones Financial Companies Lllp significantly reduced its holdings in Procter & Gamble by 78.9%, selling 420,115 shares and retaining only 112,173 shares valued at approximately $19.1 million.
• Multiple large investors, including Northern Trust and Price T Rowe Associates, have increased their stakes, with Northern Trust owning around $5.05 billion in Procter & Gamble shares after a 0.8% increase.
• Procter & Gamble recently reported earnings of $1.48 per share, surpassing analyst expectations, while setting its FY 2026 guidance in the range of 6.830-7.090 EPS.

Jones Financial Companies Lllp lessened its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 78.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,173 shares of the company's stock after selling 420,115 shares during the period. Jones Financial Companies Lllp's holdings in Procter & Gamble were worth $19,101,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Northern Trust Corp grew its stake in Procter & Gamble by 0.8% during the 1st quarter. Northern Trust Corp now owns 29,644,000 shares of the company's stock valued at $5,051,930,000 after acquiring an additional 248,792 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in Procter & Gamble by 13.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 21,480,670 shares of the company's stock valued at $3,660,737,000 after acquiring an additional 2,466,308 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Procter & Gamble by 3.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 17,405,539 shares of the company's stock valued at $2,966,252,000 after acquiring an additional 583,629 shares in the last quarter. Royal Bank of Canada grew its stake in Procter & Gamble by 0.6% during the 1st quarter. Royal Bank of Canada now owns 17,273,679 shares of the company's stock valued at $2,943,779,000 after acquiring an additional 111,162 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Procter & Gamble by 1.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 17,090,898 shares of the company's stock valued at $2,911,989,000 after acquiring an additional 208,991 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on PG. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $170.00 price target (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Evercore ISI restated 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. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the stock an "equal weight" rating in a report on Thursday, July 31st. BNP Paribas restated an "outperform" rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Finally, UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $175.12.

Insider Activity

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 shares of the firm's 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 $1,548,952.23. Following the completion of the transaction, the insider owned 182,422 shares of the company's stock, valued at $28,689,507.94. This trade represents a 5.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Shailesh Jejurikar sold 13,039 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer directly owned 28,036 shares of the company's stock, valued at $4,409,221.72. This represents a 31.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 in the last three months. 0.20% of the stock is currently owned by corporate insiders.

Procter & Gamble Stock Performance

NYSE:PG opened at $160.08 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The stock has a market capitalization of $374.65 billion, a P/E ratio of 24.59, a PEG ratio of 4.22 and a beta of 0.36. The company has a 50 day moving average price of $156.41 and a 200 day moving average price of $162.21. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted 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 analysts' expectations of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm's quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts forecast 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 was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. 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 presently 64.98%.

Procter & Gamble Profile

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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