Mason Investment Advisory Services Inc. reduced its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 21.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,266 shares of the company’s stock after selling 353 shares during the quarter. Mason Investment Advisory Services Inc.’s holdings in Procter & Gamble were worth $202,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in the company. B & T Capital Management DBA Alpha Capital Management raised its stake in Procter & Gamble by 2.3% during the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock valued at $476,000 after purchasing an additional 63 shares during the period. Private Management Group Inc. increased its stake in shares of Procter & Gamble by 4.8% in the first quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock worth $236,000 after acquiring an additional 64 shares during the last quarter. Lantz Financial LLC increased its stake in shares of Procter & Gamble by 1.2% in the second quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after acquiring an additional 64 shares during the last quarter. Orca Investment Management LLC increased its stake in shares of Procter & Gamble by 2.0% in the second quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after acquiring an additional 64 shares during the last quarter. Finally, 49 Wealth Management LLC increased its stake in shares of Procter & Gamble by 1.1% in the first quarter. 49 Wealth Management LLC now owns 5,745 shares of the company’s stock worth $979,000 after acquiring an additional 65 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.
Procter & Gamble Trading Down 1.6%
Shares of NYSE:PG opened at $147.90 on Tuesday. The stock has a market capitalization of $345.61 billion, a PE ratio of 21.59, a P/E/G ratio of 3.87 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. The firm has a fifty day moving average price of $153.72 and a 200 day moving average price of $157.61. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46.
Procter & Gamble Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s dividend payout ratio is 61.61%.
Insider Activity at Procter & Gamble
In other news, COO Shailesh Jejurikar sold 3,986 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were 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 owned 46,899 shares of the company’s stock, valued at approximately $7,139,434.77. This represents a 7.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Andre Schulten sold 4,252 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $647,281.96. Following the completion of the sale, the chief financial officer owned 53,992 shares of the company’s stock, valued at approximately $8,219,202.16. The trade was a 7.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 150,488 shares of company stock valued at $23,529,718. 0.20% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on PG shares. Dbs Bank raised shares of Procter & Gamble to a “moderate buy” rating in a research note on Tuesday, October 28th. Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Berenberg Bank upped their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research note on Wednesday, October 8th. Finally, BNP Paribas reaffirmed an “outperform” rating and issued a $177.00 price target on shares of Procter & Gamble in a research note on Friday, August 15th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $171.53.
View Our Latest Analysis on Procter & Gamble
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.
Read More
- Five stocks we like better than Procter & Gamble
- How to Use the MarketBeat Stock Screener
- Amazon vs. Apple: Which Mag 7 Is the Better Buy?
- What Are Growth Stocks and Investing in Them
- Is Starbucks Quietly Setting Up for a Major 2026 Comeback?
- Breakout Stocks: What They Are and How to Identify Them
- Semiconductor Supercycle: Why Onsemi Stock Could Double as AI and EV Growth Accelerate
Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.
