Procter & Gamble Company (The) $PG Shares Purchased by Caliber Wealth Management LLC KS

Key Points

• Caliber Wealth Management LLC KS increased its stake in Procter & Gamble by 36.2% during the second quarter, now holding 17,798 shares valued at approximately $2.8 million.
• Procter & Gamble recently faced analyst ratings changes, with firms like BNP Paribas and Wells Fargo lowering their price targets, now averaging around $171.68.
• Insider trading revealed that CEO Jon R. Moeller and COO Shailesh Jejurikar sold significant portions of their holdings, with Moeller's sale resulting in an 11.16% decrease in his position.

Caliber Wealth Management LLC KS lifted its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 36.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,798 shares of the company's stock after purchasing an additional 4,730 shares during the quarter. Caliber Wealth Management LLC KS's holdings in Procter & Gamble were worth $2,836,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of PG. B & T Capital Management DBA Alpha Capital Management raised its position 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 purchasing an additional 63 shares during the period. Private Management Group Inc. lifted its position in shares of Procter & Gamble by 4.8% in the first quarter. Private Management Group Inc. now owns 1,384 shares of the company's stock worth $236,000 after purchasing an additional 64 shares in the last quarter. Lantz Financial LLC boosted 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 purchasing an additional 64 shares during the period. Orca Investment Management LLC grew its holdings in shares of Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company's stock valued at $516,000 after acquiring an additional 64 shares in the last quarter. Finally, Detalus Advisors LLC raised its holdings in shares of Procter & Gamble by 0.8% during the first quarter. Detalus Advisors LLC now owns 7,918 shares of the company's stock worth $1,349,000 after acquiring an additional 65 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on PG. BNP Paribas Exane cut their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating on the stock in a report on Tuesday, September 23rd. Evercore ISI restated an "in-line" rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. BNP Paribas reiterated an "outperform" rating and issued a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Wells Fargo & Company cut their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a research report on Thursday, September 25th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $171.68.

Insiders Place Their Bets

In related news, CEO Jon R. Moeller sold 40,119 shares of the firm'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. This trade represents a 11.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Shailesh Jejurikar sold 13,039 shares of the business's stock in a transaction 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 completion of the sale, the chief operating officer directly owned 28,036 shares in the company, valued at approximately $4,409,221.72. This represents a 31.74% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 149,763 shares of company stock worth $23,421,279 in the last 90 days. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Stock Down 0.2%

PG opened at $151.61 on Wednesday. The company has a market capitalization of $354.84 billion, a P/E ratio of 23.29, a P/E/G ratio of 4.03 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 firm's fifty day moving average price is $154.79 and its two-hundred day moving average price is $158.54. Procter & Gamble Company has a fifty-two week low of $146.96 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.79 billion. During the same quarter in the prior year, the company posted $1.40 EPS. The business's revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts anticipate 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 will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, October 24th. Procter & Gamble's dividend payout ratio is currently 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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