QTR Family Wealth LLC Cuts Position in Procter & Gamble Company (The) $PG

Key Points

• QTR Family Wealth LLC significantly reduced its stake in Procter & Gamble by 69.8% during Q2, holding 2,160 shares valued at $344,000 after selling 5,003 shares.
• Analysts have updated their price targets for Procter & Gamble, with Barclays lowering it from $164.00 to $153.00, while Wells Fargo moved theirs from $173.00 to $170.00.
• Procter & Gamble recently declared a quarterly dividend of $1.0568 per share, resulting in a 2.8% dividend yield and a payout ratio of 64.98%.

QTR Family Wealth LLC trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 69.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,160 shares of the company's stock after selling 5,003 shares during the period. QTR Family Wealth LLC's holdings in Procter & Gamble were worth $344,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Marino Stram & Associates LLC increased its stake in shares of Procter & Gamble by 6.3% during the second quarter. Marino Stram & Associates LLC now owns 20,518 shares of the company's stock worth $3,269,000 after buying an additional 1,215 shares during the period. Rogco LP increased its stake in shares of Procter & Gamble by 2.5% during the second quarter. Rogco LP now owns 12,014 shares of the company's stock worth $1,914,000 after buying an additional 292 shares during the period. Pacific Point Advisors LLC increased its stake in shares of Procter & Gamble by 3.3% during the second quarter. Pacific Point Advisors LLC now owns 9,235 shares of the company's stock worth $1,471,000 after buying an additional 296 shares during the period. Community Bank & Trust Waco Texas increased its stake in shares of Procter & Gamble by 0.3% during the second quarter. Community Bank & Trust Waco Texas now owns 52,257 shares of the company's stock worth $8,325,000 after buying an additional 149 shares during the period. Finally, Childress Capital Advisors LLC increased its stake in shares of Procter & Gamble by 20.5% during the second quarter. Childress Capital Advisors LLC now owns 10,466 shares of the company's stock worth $1,667,000 after buying an additional 1,780 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Barclays lowered their price target on Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating for the company in a report on Wednesday. Wells Fargo & Company lowered their price target on Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a report on Thursday, September 25th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Berenberg Bank increased their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a report on Wednesday, September 17th. Finally, BNP Paribas Exane decreased their price objective on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a report on Tuesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $173.11.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $152.97 on Thursday. Procter & Gamble Company has a 12 month low of $149.91 and a 12 month high of $180.43. 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 business has a 50 day simple moving average of $155.77 and a 200-day simple moving average of $160.29. The stock has a market capitalization of $358.03 billion, a PE ratio of 23.50, a price-to-earnings-growth ratio of 4.05 and a beta of 0.36.

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, topping the consensus estimate 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 in the prior year, the business earned $1.40 earnings per share. The company's quarterly revenue 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. Equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid 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 was Friday, July 18th. Procter & Gamble's dividend payout ratio is 64.98%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Susan Street Whaley sold 1,000 shares of the company's stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $156.84, for a total transaction of $156,840.00. Following the completion of the sale, the insider owned 28,436 shares in the company, valued at $4,459,902.24. This represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ma. Fatima Francisco sold 9,100 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,431,157.00. Following the completion of the transaction, the chief executive officer owned 27,295 shares of the company's stock, valued at $4,292,684.65. The trade was a 25.00% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 120,181 shares of company stock valued at $18,918,012. Corporate insiders own 0.20% of the company's stock.

Procter & Gamble 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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