Global Assets Advisory LLC Trims Stock Position in Procter & Gamble Company (The) $PG

Global Assets Advisory LLC lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 10.4% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,459 shares of the company’s stock after selling 170 shares during the period. Global Assets Advisory LLC’s holdings in Procter & Gamble were worth $235,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new position in shares of Procter & Gamble during the 1st quarter worth $26,000. Signature Resources Capital Management LLC raised its holdings in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares during the period. Quarry LP purchased a new position in Procter & Gamble during the first quarter valued at $33,000. Mizuho Securities Co. Ltd. grew its holdings in Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after purchasing an additional 170 shares during the period. Finally, Quest 10 Wealth Builders Inc. increased its position in Procter & Gamble by 50.3% in the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock worth $42,000 after buying an additional 82 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Barclays lowered their price objective on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 1st. Berenberg Bank lifted their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a research report on Saturday, September 27th. BNP Paribas Exane decreased their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Finally, UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $173.11.

Insider Buying and Selling at Procter & Gamble

In other news, COO Shailesh Jejurikar sold 3,986 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $606,788.78. Following the completion of the transaction, the chief operating officer directly owned 46,899 shares in the company, valued at approximately $7,139,434.77. This represents a 7.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jennifer L. Davis sold 3,227 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $491,246.21. Following the completion of the sale, the chief executive officer owned 61,764 shares in the company, valued at $9,402,333.72. This represents a 4.97% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 149,763 shares of company stock worth $23,421,279. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $150.47 on Tuesday. The company has a market cap of $352.17 billion, a P/E ratio of 23.11, a P/E/G ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The firm’s fifty day moving average is $155.38 and its two-hundred day moving average is $159.84.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data 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 analyst estimates of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

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.