Worth Financial Advisory Group LLC Sells 8,686 Shares of Procter & Gamble Company (The) $PG

Worth Financial Advisory Group LLC decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 74.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,962 shares of the company’s stock after selling 8,686 shares during the period. Worth Financial Advisory Group LLC’s holdings in Procter & Gamble were worth $472,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Nova Wealth Management Inc. bought a new stake in Procter & Gamble in the 1st quarter valued at approximately $26,000. Signature Resources Capital Management LLC lifted its stake in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP bought a new stake in Procter & Gamble in the 1st quarter valued at approximately $33,000. Mizuho Securities Co. Ltd. lifted its stake in Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after acquiring an additional 170 shares in the last quarter. Finally, 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 acquiring an additional 82 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE:PG opened at $152.44 on Friday. The stock has a fifty day moving average price of $156.00 and a 200-day moving average price of $160.55. The company has a market cap of $356.78 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 4.02 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. The firm had revenue of $20.89 billion during 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 revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given 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 currently 64.98%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on PG shares. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Evercore ISI reissued an “in-line” rating and set a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Wells Fargo & Company decreased their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday. Barclays set a $164.00 target price on Procter & Gamble and gave the stock an “equal weight” rating in a report on Thursday, July 31st. Finally, BNP Paribas reissued an “outperform” rating and set a $177.00 target price 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, eleven have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $173.68.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Jennifer L. Davis sold 8,596 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 64,991 shares in the company, valued at approximately $10,221,134.57. This trade represents a 11.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gary A. Coombe sold 10,194 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the transaction, the chief executive officer owned 34,978 shares of the company’s stock, valued at $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock worth $18,918,012 over the last quarter. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Company 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.