Procter & Gamble Company (The) $PG Holdings Decreased by Brookwood Investment Group LLC

Brookwood Investment Group LLC trimmed its position in Procter & Gamble Company (The) (NYSE:PG) by 49.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,670 shares of the company’s stock after selling 5,626 shares during the quarter. Brookwood Investment Group LLC’s holdings in Procter & Gamble were worth $903,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Nova Wealth Management Inc. acquired a new position in Procter & Gamble during the first quarter valued at $26,000. Signature Resources Capital Management LLC boosted its stake in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP bought a new stake in shares of Procter & Gamble during the 1st quarter worth about $33,000. Mid American Wealth Advisory Group Inc. bought a new stake in Procter & Gamble during the 2nd quarter valued at approximately $34,000. Finally, RMG Wealth Management LLC bought a new stake in Procter & Gamble during the 2nd quarter valued at approximately $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on PG shares. UBS Group reduced their price objective on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Raymond James Financial dropped their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. BNP Paribas reiterated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Wells Fargo & Company reduced their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $171.53.

Insider Activity

In other Procter & Gamble news, CEO Jon R. Moeller sold 11,684 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $1,778,655.32. Following the completion of the transaction, the chief executive officer owned 319,932 shares of the company’s stock, valued at $48,703,248.36. This represents a 3.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Balaji Purushothaman sold 490 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $74,592.70. Following the completion of the transaction, the insider directly owned 12,616 shares of the company’s stock, valued at approximately $1,920,533.68. The trade was a 3.74% 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 valued at $23,421,279. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $151.62 on Tuesday. The business’s 50 day moving average price is $154.58 and its two-hundred day moving average price is $158.31. The company has a market cap of $354.85 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 4.05 and a beta of 0.36. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.45. Procter & Gamble Company has a twelve month low of $146.96 and a twelve month high of $180.43.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.51% and a net margin of 19.74%.The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. During the same quarter in the previous year, the business earned $1.93 earnings per share. The business’s revenue was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s payout ratio is 61.75%.

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.