Community Bank N.A. Lowers Stock Holdings in Procter & Gamble Company (The) $PG

Community Bank N.A. reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 2.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 49,666 shares of the company’s stock after selling 1,458 shares during the period. Procter & Gamble comprises approximately 1.0% of Community Bank N.A.’s holdings, making the stock its 24th biggest holding. Community Bank N.A.’s holdings in Procter & Gamble were worth $7,913,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its holdings in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. boosted its holdings in shares of Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after purchasing an additional 277 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Procter & Gamble by 22.4% in the 1st quarter. GAMMA Investing LLC now owns 46,658 shares of the company’s stock valued at $7,951,000 after purchasing an additional 8,537 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in shares of Procter & Gamble by 0.9% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 28,277 shares of the company’s stock valued at $4,819,000 after purchasing an additional 251 shares during the last quarter. Finally, Bank Pictet & Cie Europe AG boosted its holdings in shares of Procter & Gamble by 17.1% in the 1st quarter. Bank Pictet & Cie Europe AG now owns 400,073 shares of the company’s stock valued at $68,180,000 after purchasing an additional 58,323 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on PG shares. BNP Paribas Exane decreased their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. JPMorgan Chase & Co. reduced their target price on shares of Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a report on Friday. Bank of America reduced their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Berenberg Bank lifted their target price 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. Finally, Wells Fargo & Company reduced their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $172.21.

Procter & Gamble Stock Performance

NYSE:PG opened at $147.54 on Tuesday. 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 50-day moving average of $155.18 and a two-hundred day moving average of $159.27. The stock has a market cap of $345.32 billion, a P/E ratio of 22.66, a PEG ratio of 3.97 and a beta of 0.36. Procter & Gamble Company has a 1-year low of $146.96 and a 1-year high of $180.43.

Procter & Gamble (NYSE:PG) last posted 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 company had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. 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. On average, research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 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 $1,548,952.23. Following the completion of the transaction, the insider directly owned 182,422 shares of the company’s stock, valued at $28,689,507.94. This represents a 5.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Shailesh Jejurikar sold 13,039 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 transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer directly owned 28,036 shares of the company’s stock, valued at approximately $4,409,221.72. The trade was a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,763 shares of company stock worth $23,421,279 over the last quarter. Company insiders own 0.20% of the company’s stock.

About Procter & Gamble

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.