Procter & Gamble Company (The) $PG Shares Sold by Octavia Wealth Advisors LLC

Key Points

• Octavia Wealth Advisors LLC has reduced its stake in Procter & Gamble by 35.5%, now holding 39,310 shares valued at approximately $6.26 million.
• Procter & Gamble reported earnings of $1.48 per share for the last quarter, exceeding estimates, with a quarterly revenue of $20.89 billion.
• The company declared a quarterly dividend of $1.0568, resulting in an annual yield of 2.8% and a dividend payout ratio of 64.98%.

Octavia Wealth Advisors LLC decreased its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 35.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 39,310 shares of the company's stock after selling 21,598 shares during the quarter. Procter & Gamble makes up 0.7% of Octavia Wealth Advisors LLC's holdings, making the stock its 27th largest position. Octavia Wealth Advisors LLC's holdings in Procter & Gamble were worth $6,263,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in PG. Nova Wealth Management Inc. purchased a new position in shares of Procter & Gamble in the 1st quarter valued at about $26,000. Quarry LP acquired a new stake in shares of Procter & Gamble in the first quarter valued at about $33,000. Mizuho Securities Co. Ltd. raised 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 worth $34,000 after purchasing an additional 170 shares during the last quarter. Quest 10 Wealth Builders Inc. lifted its stake in Procter & Gamble by 50.3% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company's stock valued at $42,000 after buying an additional 82 shares in the last quarter. Finally, Morton Brown Family Wealth LLC raised its stake in Procter & Gamble by 84.6% in the 1st quarter. Morton Brown Family Wealth LLC now owns 251 shares of the company's stock valued at $43,000 after purchasing an additional 115 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Stock Down 0.2%

Procter & Gamble stock opened at $152.18 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 firm has a 50 day moving average price of $156.05 and a 200 day moving average price of $160.74. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The company has a market capitalization of $356.17 billion, a PE ratio of 23.38, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (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 the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company's quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

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

Insiders Place Their Bets

In other Procter & Gamble news, CFO Andre Schulten sold 11,638 shares of the company's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the sale, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. This represents a 18.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Marc S. Pritchard sold 9,849 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 $1,548,952.23. Following the completion of the transaction, the insider owned 182,422 shares of the company's stock, valued at $28,689,507.94. The trade was a 5.12% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 120,181 shares of company stock valued at $18,918,012. Corporate insiders own 0.20% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on PG. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the company a "buy" rating in a report on Wednesday, July 30th. Evercore ISI reaffirmed an "in-line" rating and issued a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Berenberg Bank boosted their price objective 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. reaffirmed 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. Finally, BNP Paribas reiterated an "outperform" rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of "Moderate Buy" and a consensus target price of $173.78.

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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