Johnson Bixby & Associates LLC Has $549,000 Stake in Procter & Gamble Company (The) $PG

Johnson Bixby & Associates LLC decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 7.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,446 shares of the company’s stock after selling 278 shares during the period. Johnson Bixby & Associates LLC’s holdings in Procter & Gamble were worth $549,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. lifted its holdings in shares of Procter & Gamble by 120.7% during the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock valued at $62,098,000 after buying an additional 199,258 shares during the period. Capital Investment Advisory Services LLC boosted its position in shares of Procter & Gamble by 13.8% during the 1st quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company’s stock worth $6,426,000 after purchasing an additional 4,562 shares during the period. World Investment Advisors raised its holdings in shares of Procter & Gamble by 6.0% in the 1st quarter. World Investment Advisors now owns 50,913 shares of the company’s stock valued at $8,677,000 after purchasing an additional 2,886 shares in the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of Procter & Gamble by 26.4% in the first quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company’s stock valued at $20,451,000 after buying an additional 25,059 shares during the last quarter. Finally, Kelly Financial Services LLC increased its holdings in Procter & Gamble by 8.7% in the first quarter. Kelly Financial Services LLC now owns 1,727 shares of the company’s stock valued at $294,000 after buying an additional 138 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.2%

Procter & Gamble stock opened at $152.44 on Friday. 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 firm has a market cap of $356.78 billion, a price-to-earnings ratio of 23.42, a P/E/G ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The firm has a fifty day moving average price of $156.00 and a two-hundred day moving average price of $160.55.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. The business’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a $1.0568 dividend. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. Procter & Gamble’s payout ratio is currently 64.98%.

Insider Activity at Procter & Gamble

In other news, CEO Sundar G. Raman sold 9,554 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,511,060.64. Following the completion of the sale, the chief executive officer directly owned 41,886 shares of the company’s stock, valued at $6,624,689.76. This trade represents a 18.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Jennifer L. Davis sold 8,596 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,351,892.92. Following the sale, the chief executive officer owned 64,991 shares in the company, valued at $10,221,134.57. The trade was a 11.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 120,181 shares of company stock worth $18,918,012 over the last quarter. 0.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PG shares. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. BNP Paribas reiterated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Berenberg Bank increased their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Wells Fargo & Company dropped their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $173.68.

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.