Procter & Gamble Company (The) $PG Shares Sold by Ameritas Advisory Services LLC

Key Points

• Ameritas Advisory Services LLC reduced its stake in Procter & Gamble by 24.3%, holding 29,529 shares valued at approximately $4.7 million after selling 9,457 shares in the second quarter.
• CEO Ma. Fatima Francisco sold 9,100 shares of Procter & Gamble stock for around $1.43 million, resulting in a 25% decrease in her position, while Gary A. Coombe also sold 10,194 shares in a separate transaction.
• Procter & Gamble reported $1.48 EPS for the last quarter, exceeding estimates, and recently declared a quarterly dividend of $1.0568 per share, reflecting an annualized yield of 2.8%.

Ameritas Advisory Services LLC lessened its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 24.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,529 shares of the company's stock after selling 9,457 shares during the quarter. Ameritas Advisory Services LLC's holdings in Procter & Gamble were worth $4,704,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Nova Wealth Management Inc. acquired a new stake in shares of Procter & Gamble during the 1st quarter valued at about $26,000. Signature Resources Capital Management LLC grew its position 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 acquiring an additional 72 shares during the period. Quarry LP acquired a new stake in shares of Procter & Gamble during the 1st quarter valued at about $33,000. Mizuho Securities Co. Ltd. grew its position in shares of Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after acquiring an additional 170 shares during the period. Finally, Quest 10 Wealth Builders Inc. grew its position 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 acquiring an additional 82 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Activity

In other news, CEO Ma. Fatima Francisco sold 9,100 shares of Procter & Gamble 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 $1,431,157.00. Following the sale, the chief executive officer owned 27,295 shares of the company's stock, valued at approximately $4,292,684.65. The trade was a 25.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the sale, the chief executive officer directly owned 34,978 shares in the company, valued at approximately $5,532,120.48. The trade was a 22.57% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is owned by company insiders.

Procter & Gamble Trading Up 0.1%

PG opened at $152.19 on Friday. The firm has a market capitalization of $356.20 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 4.01 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 company's 50 day simple moving average is $155.51 and its two-hundred day simple moving average is $160.06. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. The firm had revenue of $20.89 billion for 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 for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's payout ratio is presently 64.98%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. BNP Paribas reiterated an "outperform" rating and issued a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. Barclays lowered their price objective on Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating on the stock in a report on Wednesday. BNP Paribas Exane decreased their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 23rd. Weiss Ratings reissued a "hold (c+)" rating on shares of Procter & Gamble in a research note on Saturday, September 27th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and issued a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Eleven investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble presently has a consensus rating of "Moderate Buy" and an average target price of $173.11.

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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