Procter & Gamble Company (The) $PG Shares Sold by Jackson Thornton Wealth Management LLC

Jackson Thornton Wealth Management LLC trimmed its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 60.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,481 shares of the company’s stock after selling 2,243 shares during the period. Jackson Thornton Wealth Management LLC’s holdings in Procter & Gamble were worth $234,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MOKAN Wealth Management Inc. grew its holdings in Procter & Gamble by 13.7% during the second quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock worth $2,442,000 after acquiring an additional 1,846 shares during the period. Benjamin Edwards Inc. boosted its position in Procter & Gamble by 120.7% during the first quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company’s stock worth $62,098,000 after purchasing an additional 199,258 shares in the last quarter. Capital Investment Advisory Services LLC boosted its position in Procter & Gamble by 13.8% during the first 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 in the last quarter. World Investment Advisors boosted its position in Procter & Gamble by 6.0% during the first quarter. World Investment Advisors now owns 50,913 shares of the company’s stock worth $8,677,000 after purchasing an additional 2,886 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its position in Procter & Gamble by 26.4% during 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 in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

NYSE PG opened at $151.98 on Tuesday. Procter & Gamble Company has a 1-year low of $146.96 and a 1-year high of $180.43. The company has a market cap of $355.72 billion, a PE ratio of 23.35, a price-to-earnings-growth ratio of 4.02 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. The stock’s 50 day simple moving average is $154.86 and its 200-day simple moving average is $158.59.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data 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 return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter last year, the business posted $1.40 earnings per share. The firm’s 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. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be given a dividend of $1.0568 per share. The ex-dividend date is Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.82%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PG. JPMorgan Chase & Co. lowered their price target on Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a research report on Friday, October 10th. Evercore ISI reiterated an “in-line” rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. BNP Paribas Exane lowered their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. BNP Paribas reiterated an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Raymond James Financial lowered their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average price target of $171.68.

Insider Activity

In related news, insider Marc S. Pritchard sold 9,849 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the transaction, the insider owned 182,422 shares in the company, valued at approximately $28,689,507.94. This trade represents a 5.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble 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 $6,309,515.13. Following the transaction, the chief executive officer owned 319,375 shares in the company, valued at approximately $50,228,106.25. The trade was a 11.16% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,763 shares of company stock valued at $23,421,279 in the last 90 days. 0.20% of the stock is owned by 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.