Procter & Gamble Company (The) $PG Stock Position Reduced by Benjamin Edwards Inc.

Benjamin Edwards Inc. cut its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 10.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 342,734 shares of the company's stock after selling 39,766 shares during the period. Benjamin Edwards Inc.'s holdings in Procter & Gamble were worth $50,263,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of PG. Alyeska Investment Group L.P. boosted its stake in shares of Procter & Gamble by 32.2% during the 2nd quarter. Alyeska Investment Group L.P. now owns 655,385 shares of the company's stock worth $96,106,000 after acquiring an additional 159,489 shares in the last quarter. Private Management Group Inc. raised its holdings in Procter & Gamble by 2.4% in the 2nd quarter. Private Management Group Inc. now owns 3,842 shares of the company's stock worth $563,000 after purchasing an additional 90 shares during the period. Wedbush Securities Inc. boosted its position in Procter & Gamble by 2.7% during the second quarter. Wedbush Securities Inc. now owns 92,508 shares of the company's stock worth $13,565,000 after purchasing an additional 2,391 shares in the last quarter. Spinnaker Trust grew its holdings in Procter & Gamble by 0.8% in the second quarter. Spinnaker Trust now owns 40,676 shares of the company's stock valued at $5,965,000 after purchasing an additional 320 shares during the period. Finally, New Mexico Educational Retirement Board increased its position in shares of Procter & Gamble by 7.5% in the second quarter. New Mexico Educational Retirement Board now owns 115,568 shares of the company's stock valued at $16,947,000 after buying an additional 8,100 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Key Headlines Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Tariff recovery improves cash flow: P&G recovered approximately $100 million in tariffs it had previously paid after those charges were ruled illegal. The reimbursement should provide a modest financial benefit and removes some cost pressure. P&G has gotten back $100M in Trump tariffs it paid
• Positive Sentiment: Dividend appeal remains strong: Recent commentary highlights PG’s roughly 3% yield, long record of annual dividend increases and potential for compounding income over time. The stock continues to be viewed as a defensive holding for retirees and long-term dividend investors. Why P&G’s 3% Yield Could Matter More to Long-Term Dividend Investors
• Positive Sentiment: Defensive positioning: Analysts and investing publications continue to recommend P&G as a dependable consumer-staples dividend stock, citing its brand portfolio, productivity efforts, innovation and robust cash returns. The Best Dividend Stock for 2027 and Beyond: Procter & Gamble

Procter & Gamble Stock Up 0.5%

Shares of NYSE PG opened at $145.86 on Wednesday. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The company has a market capitalization of $338.78 billion, a price-to-earnings ratio of 22.03, a price-to-earnings-growth ratio of 4.47 and a beta of 0.39. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.47. The business has a 50-day moving average of $146.96 and a two-hundred day moving average of $148.02.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The firm had revenue of $21.20 billion during the quarter, compared to analysts' expectations of $21.38 billion. During the same quarter in the previous year, the business earned $1.48 earnings per share. The firm's revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, analysts forecast that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were given a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble's payout ratio is 65.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on PG shares. Argus cut shares of Procter & Gamble from a "buy" rating to a "hold" rating in a research report on Friday, August 7th. Jefferies Financial Group boosted their target price on shares of Procter & Gamble from $177.00 to $179.00 and gave the stock a "buy" rating in a research note on Friday, June 26th. Citigroup reduced their price target on shares of Procter & Gamble from $181.00 to $170.00 and set a "buy" rating for the company in a research report on Thursday, July 30th. JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $164.00 to $162.00 and set an "overweight" rating on the stock in a report on Thursday, July 16th. Finally, Barclays boosted their price objective on Procter & Gamble from $146.00 to $152.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 21st. Thirteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble presently has an average rating of "Moderate Buy" and an average price target of $161.19.

Insider Buying and Selling

In other Procter & Gamble news, insider Susan Street Whaley sold 2,238 shares of the firm's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total transaction of $321,802.02. Following the transaction, the insider directly owned 26,989 shares of the company's stock, valued at approximately $3,880,748.31. This trade represents a 7.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Marc S. Pritchard sold 4,030 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $579,473.70. Following the sale, the insider directly owned 187,001 shares of the company's stock, valued at approximately $26,888,873.79. This represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 6,627 shares of company stock worth $953,417 in the last 90 days. Company insiders own 0.20% of the company's stock.

Procter & Gamble Profile

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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