Financial Strategies Group Inc. Decreases Stock Position in Procter & Gamble Company (The) $PG

Key Points

• Financial Strategies Group Inc. has reduced its position in Procter & Gamble by 9.0%, now holding 31,613 shares worth approximately $5.33 million.
• Procter & Gamble reported a $1.48 EPS for the last quarter, surpassing analyst estimates, with revenue rising 1.7% year-over-year to $20.89 billion.
• The company recently announced a quarterly dividend of $1.0568, yielding about 2.6%, with a payout ratio of 64.98%.

Financial Strategies Group Inc. lowered its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 9.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,613 shares of the company's stock after selling 3,135 shares during the period. Procter & Gamble accounts for about 1.3% of Financial Strategies Group Inc.'s investment portfolio, making the stock its 27th largest position. Financial Strategies Group Inc.'s holdings in Procter & Gamble were worth $5,326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock worth $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Bank Pictet & Cie Europe AG raised its holdings in shares of Procter & Gamble by 493.6% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company's stock worth $57,294,000 after acquiring an additional 284,174 shares in the last quarter. Triumph Capital Management raised its holdings in shares of Procter & Gamble by 102.7% during the 4th quarter. Triumph Capital Management now owns 9,400 shares of the company's stock worth $1,576,000 after acquiring an additional 4,763 shares in the last quarter. Algert Global LLC raised its holdings in shares of Procter & Gamble by 5.4% during the 4th quarter. Algert Global LLC now owns 5,010 shares of the company's stock worth $840,000 after acquiring an additional 255 shares in the last quarter. Finally, Ethic Inc. raised its holdings in shares of Procter & Gamble by 101.1% during the 4th quarter. Ethic Inc. now owns 36,807 shares of the company's stock worth $6,171,000 after acquiring an additional 18,502 shares in the last quarter. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Up 0.4%

Shares of PG traded up $0.59 during midday trading on Tuesday, reaching $159.60. 4,982,119 shares of the stock were exchanged, compared to its average volume of 6,137,349. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The company's 50 day moving average is $156.37 and its two-hundred day moving average is $162.12. The company has a market capitalization of $373.54 billion, a P/E ratio of 24.52, a PEG ratio of 4.20 and a beta of 0.36. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter last year, the company earned $1.40 earnings per share. The firm's revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble's dividend payout ratio (DPR) is presently 64.98%.

Insider Activity at Procter & Gamble

In related news, insider Susan Street Whaley sold 1,000 shares of the firm's stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $156.84, for a total transaction of $156,840.00. Following the sale, the insider owned 28,436 shares of the company's stock, valued at $4,459,902.24. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sundar G. Raman sold 9,554 shares of the firm's stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,511,060.64. Following the sale, the chief executive officer directly owned 41,886 shares in the company, valued at approximately $6,624,689.76. The trade was a 18.57% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock valued at $18,918,012 over the last 90 days. Company insiders own 0.20% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on PG shares. Barclays set a $164.00 price objective on Procter & Gamble and gave the stock an "equal weight" rating in a report on Thursday, July 31st. UBS Group set a $180.00 price objective on Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Wells Fargo & Company decreased their price objective on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Finally, Evercore ISI restated an "in-line" rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Procter & Gamble currently has a consensus rating of "Moderate Buy" and an average price target of $175.12.

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.