Procter & Gamble Company (The) $PG is Journey Advisory Group LLC's 7th Largest Position

Key Points

• Journey Advisory Group LLC has reduced its stake in Procter & Gamble by 0.9%, making it the firm's 7th largest position with a total ownership of 182,661 shares valued at approximately $29 million.
• CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock, resulting in an 11.16% decrease in his holding, while insider sales over the last three months total $23.4 million.
• Procter & Gamble reported $1.48 EPS in its last quarterly earnings, surpassing estimates, while a recent dividend of $1.0568 per share is set to be paid on November 17th.

Journey Advisory Group LLC lowered its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 0.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 182,661 shares of the company's stock after selling 1,674 shares during the period. Procter & Gamble accounts for about 2.3% of Journey Advisory Group LLC's investment portfolio, making the stock its 7th biggest holding. Journey Advisory Group LLC's holdings in Procter & Gamble were worth $29,102,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Nova Wealth Management Inc. purchased a new stake in Procter & Gamble during the first quarter worth $26,000. Signature Resources Capital Management LLC lifted its holdings in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP purchased a new stake in shares of Procter & Gamble during the 1st quarter valued at $33,000. RMG Wealth Management LLC purchased a new stake in shares of Procter & Gamble during the 2nd quarter valued at $37,000. Finally, Quest 10 Wealth Builders Inc. lifted its holdings in shares of Procter & Gamble by 50.3% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company's stock valued at $42,000 after purchasing an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on PG shares. Weiss Ratings reiterated a "hold (c+)" rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Wells Fargo & Company decreased their price objective on Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a report on Thursday, September 25th. Bank of America decreased their price objective on Procter & Gamble from $180.00 to $174.00 and set a "buy" rating for the company in a report on Wednesday, October 8th. BNP Paribas Exane decreased their price objective on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a report on Tuesday, September 23rd. Finally, Barclays decreased their price objective on Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating for the company in a report on Wednesday, October 1st. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $172.21.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction dated 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 approximately $50,228,106.25. This trade represents a 11.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Andre Schulten sold 11,638 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,830,308.26. Following the transaction, the chief financial officer owned 52,642 shares of the company's stock, valued at $8,279,007.34. The trade was a 18.11% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 149,763 shares of company stock worth $23,421,279. Insiders own 0.20% of the company's stock.

Procter & Gamble Stock Performance

Shares of PG stock opened at $151.53 on Monday. The firm has a market capitalization of $354.66 billion, a price-to-earnings ratio of 23.28, a price-to-earnings-growth ratio of 4.02 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. The business has a fifty day moving average of $154.92 and a 200 day moving average of $158.67. Procter & Gamble Company has a 1 year low of $146.96 and a 1 year high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the business posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be paid a $1.0568 dividend. The ex-dividend date is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble's dividend payout ratio (DPR) is 64.98%.

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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