Procter & Gamble Company (The) $PG Shares Sold by Chatham Capital Group Inc.

Key Points

• Chatham Capital Group Inc. reduced its holdings in Procter & Gamble by 14.9%, owning 33,031 shares worth approximately $5.26 million after selling 5,800 shares in the second quarter.
• Procter & Gamble recently reported earnings per share of $1.48, exceeding analyst expectations, with quarterly revenue reaching $20.89 billion, marking a year-over-year increase of 1.7%.
• Institutional investors and hedge funds currently own 65.77% of Procter & Gamble stock, indicating strong institutional interest in the company.

Chatham Capital Group Inc. lowered its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 14.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 33,031 shares of the company's stock after selling 5,800 shares during the period. Chatham Capital Group Inc.'s holdings in Procter & Gamble were worth $5,262,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC raised its stake in shares of Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock worth $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Two Sigma Investments LP lifted its stake in shares of Procter & Gamble by 2.4% in the 4th quarter. Two Sigma Investments LP now owns 18,133 shares of the company's stock worth $3,040,000 after acquiring an additional 433 shares during the period. First Hawaiian Bank boosted its holdings in shares of Procter & Gamble by 11.2% in the first quarter. First Hawaiian Bank now owns 9,366 shares of the company's stock valued at $1,596,000 after acquiring an additional 940 shares in the last quarter. Rothschild Investment LLC increased its stake in shares of Procter & Gamble by 0.5% during the first quarter. Rothschild Investment LLC now owns 25,919 shares of the company's stock worth $4,417,000 after acquiring an additional 136 shares during the period. Finally, BTC Capital Management Inc. raised its holdings in Procter & Gamble by 4.2% during the first quarter. BTC Capital Management Inc. now owns 79,089 shares of the company's stock worth $13,479,000 after purchasing an additional 3,207 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on PG shares. UBS Group set a $180.00 price objective on Procter & Gamble and gave the company a "buy" rating in a report on Wednesday, July 30th. Berenberg Bank increased their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a "hold" rating in a research note on Wednesday, September 17th. JPMorgan Chase & Co. restated a "neutral" rating and issued a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Evercore ISI reaffirmed an "in-line" rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Finally, Barclays set a $164.00 target price on Procter & Gamble and gave the company an "equal weight" rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $173.68.

Procter & Gamble Stock Up 0.2%

PG opened at $152.44 on Friday. 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 company has a market cap of $356.78 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The business's fifty day moving average is $156.00 and its two-hundred day moving average is $160.55.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.79 billion. During the same quarter last year, the business posted $1.40 earnings per share. The business's revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

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

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, COO Shailesh Jejurikar sold 13,039 shares of the firm's stock in a transaction on Tuesday, August 19th. The stock was 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 owned 28,036 shares of the company's stock, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Marc S. Pritchard sold 9,849 shares of the company'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 $1,548,952.23. Following the completion of the sale, the insider owned 182,422 shares in the company, valued at $28,689,507.94. This represents a 5.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is currently owned by insiders.

About Procter & Gamble

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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