Victrix Investment Advisors Cuts Stake in Procter & Gamble Company (The) $PG

Victrix Investment Advisors cut its holdings in Procter & Gamble Company (The) (NYSE:PG) by 27.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,447 shares of the company’s stock after selling 932 shares during the period. Victrix Investment Advisors’ holdings in Procter & Gamble were worth $390,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PG. Benjamin Edwards Inc. grew its stake in Procter & Gamble by 120.7% during the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock valued at $62,098,000 after acquiring an additional 199,258 shares in the last quarter. Capital Investment Advisory Services LLC boosted its holdings 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 valued at $6,426,000 after purchasing an additional 4,562 shares during the last quarter. World Investment Advisors grew its position in shares of Procter & Gamble by 6.0% during the first 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 increased 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 worth $20,451,000 after purchasing an additional 25,059 shares during the last quarter. Finally, Kelly Financial Services LLC lifted its position in shares of Procter & Gamble by 8.7% in the first quarter. Kelly Financial Services LLC now owns 1,727 shares of the company’s stock worth $294,000 after buying an additional 138 shares in the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. BNP Paribas restated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. Wells Fargo & Company reduced their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Barclays set a $164.00 price target on shares of Procter & Gamble and gave the company an “equal weight” rating in a research note on Thursday, July 31st. 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 research note on Friday, July 25th. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. One investment 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $173.68.

Procter & Gamble Trading Up 0.1%

Shares of PG opened at $153.67 on Wednesday. The firm has a market capitalization of $359.66 billion, a price-to-earnings ratio of 23.61, a PEG ratio of 4.05 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a 1-year low of $149.91 and a 1-year high of $180.43. The company has a 50-day moving average of $155.87 and a 200 day moving average of $160.34.

Procter & Gamble (NYSE:PG) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping 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 business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the company posted $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. On average, research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

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

Insiders Place Their Bets

In related news, CEO Ma. Fatima Francisco sold 9,100 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,431,157.00. Following the completion of the sale, the chief executive officer directly owned 27,295 shares of the company’s stock, valued at $4,292,684.65. This represents a 25.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Susan Street Whaley sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $156.84, for a total transaction of $156,840.00. Following the transaction, the insider directly owned 28,436 shares in the company, valued at $4,459,902.24. This trade represents a 3.40% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 120,181 shares of company stock worth $18,918,012. 0.20% of the stock is owned by company insiders.

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.