Procter & Gamble Company (The) $PG Holdings Boosted by Fifth Third Wealth Advisors LLC

Key Points

• Fifth Third Wealth Advisors LLC increased its holdings in Procter & Gamble by 26%, owning 55,725 shares valued at approximately $8.88 million by the end of the recent reporting period.
• Procter & Gamble's stock has seen a price decrease of 0.6%, opening at $149.69, with an average target price of $172.21 from analysts.
• Recent insider trading includes CFO Andre Schulten selling 11,638 shares, leading to a significant decrease in his ownership of the company's stock.

Fifth Third Wealth Advisors LLC boosted its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 26.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,725 shares of the company's stock after purchasing an additional 11,514 shares during the period. Fifth Third Wealth Advisors LLC's holdings in Procter & Gamble were worth $8,878,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Stableford Capital II LLC raised its holdings in shares of Procter & Gamble by 1.1% during the first quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock worth $993,000 after acquiring an additional 61 shares in the last quarter. Bernard Wealth Management Corp. raised its holdings in shares of Procter & Gamble by 20.2% during the first quarter. Bernard Wealth Management Corp. now owns 375 shares of the company's stock worth $64,000 after acquiring an additional 63 shares in the last quarter. B & T Capital Management DBA Alpha Capital Management raised its holdings in shares of Procter & Gamble by 2.3% during the first quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company's stock worth $476,000 after acquiring an additional 63 shares in the last quarter. Private Management Group Inc. raised its holdings in shares of Procter & Gamble by 4.8% during the first quarter. Private Management Group Inc. now owns 1,384 shares of the company's stock worth $236,000 after acquiring an additional 64 shares in the last quarter. Finally, Lantz Financial LLC raised its holdings in shares of Procter & Gamble by 1.2% during the second quarter. Lantz Financial LLC now owns 5,237 shares of the company's stock worth $834,000 after acquiring an additional 64 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on PG shares. JPMorgan Chase & Co. decreased their price objective on shares of Procter & Gamble from $170.00 to $163.00 and set a "neutral" rating for the company in a report on Friday. Berenberg Bank upped their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a "hold" rating in a report on Wednesday, September 17th. Bank of America decreased their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a "buy" rating for the company in a report on Wednesday. Evercore ISI reiterated an "in-line" rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Procter & Gamble in a report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $172.21.

Procter & Gamble Stock Down 0.6%

Procter & Gamble stock opened at $149.69 on Friday. The firm has a market cap of $350.34 billion, a price-to-earnings ratio of 22.99, a P/E/G ratio of 3.97 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a fifty-two week low of $149.45 and a fifty-two week high of $180.43. The firm has a fifty day moving average price of $155.24 and a two-hundred day moving average price of $159.48.

Procter & Gamble (NYSE:PG - Get Free Report) last released its earnings results 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 net margin of 18.95% and a return on equity of 32.69%. The business's revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Insider Buying and Selling at Procter & Gamble

In other news, CFO Andre Schulten sold 11,638 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the completion of the transaction, the chief financial officer owned 52,642 shares of the company's stock, valued at approximately $8,279,007.34. This represents a 18.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Marc S. Pritchard sold 9,849 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the transaction, the insider directly owned 182,422 shares of the company's stock, valued at $28,689,507.94. This represents a 5.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 149,763 shares of company stock valued at $23,421,279 in the last three months. Company insiders own 0.20% of the company's stock.

Procter & Gamble Company 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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