S Bank Fund Management Ltd Has $3.66 Million Position in Procter & Gamble Company (The) $PG

Key Points

• S Bank Fund Management Ltd reduced its holdings in Procter & Gamble by 11.5%, owning 23,000 shares valued at $3.66 million as of its latest SEC filing.
• CEO Jon R. Moeller recently sold 11,684 shares for approximately $1.78 million, resulting in a 3.52% decrease in his position.
• Procter & Gamble has announced a quarterly dividend of $1.0568 per share, with an annualized dividend yield of 2.9%, payable on November 17th.

S Bank Fund Management Ltd lowered its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 11.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,000 shares of the company's stock after selling 2,983 shares during the period. S Bank Fund Management Ltd's holdings in Procter & Gamble were worth $3,664,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PG. Stableford Capital II LLC increased its stake in shares of Procter & Gamble by 1.1% in the 1st quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock valued at $993,000 after acquiring an additional 61 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management increased its stake in shares of Procter & Gamble by 2.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company's stock valued at $476,000 after acquiring an additional 63 shares during the last quarter. Private Management Group Inc. increased its stake in shares of Procter & Gamble by 4.8% in the 1st quarter. Private Management Group Inc. now owns 1,384 shares of the company's stock valued at $236,000 after acquiring an additional 64 shares during the last quarter. Lantz Financial LLC increased its stake in shares of Procter & Gamble by 1.2% in the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company's stock valued at $834,000 after acquiring an additional 64 shares during the last quarter. Finally, Orca Investment Management LLC increased its stake in shares of Procter & Gamble by 2.0% in the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company's stock valued at $516,000 after acquiring an additional 64 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Buying and Selling

In related news, CEO Jon R. Moeller sold 11,684 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $1,778,655.32. Following the sale, the chief executive officer owned 319,932 shares in the company, valued at approximately $48,703,248.36. This represents a 3.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jennifer L. Davis sold 3,227 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $491,246.21. Following the completion of the sale, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,763 shares of company stock worth $23,421,279 in the last quarter. 0.20% of the stock is owned by company insiders.

Procter & Gamble Trading Down 1.1%

NYSE:PG opened at $147.45 on Thursday. Procter & Gamble Company has a twelve month low of $146.96 and a twelve month high of $180.43. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The business has a 50 day moving average price of $155.04 and a two-hundred day moving average price of $159.12. The company has a market cap of $345.11 billion, a P/E ratio of 22.65, a price-to-earnings-growth ratio of 3.96 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 earnings per share for the quarter, topping 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 firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter in the prior year, the firm posted $1.40 EPS. The business's revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble's dividend payout ratio is presently 64.98%.

Analyst Ratings Changes

A number of analysts have recently commented on PG shares. UBS Group lowered their price target on Procter & Gamble from $180.00 to $176.00 and set a "buy" rating for the company in a research note on Wednesday, October 8th. Bank of America decreased their price objective on Procter & Gamble from $180.00 to $174.00 and set a "buy" rating for the company in a research report on Wednesday, October 8th. Barclays decreased their price objective on Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating for the company in a research report on Wednesday, October 1st. Berenberg Bank boosted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a research 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 research report on Tuesday, September 23rd. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $172.21.

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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