Beacon Pointe Advisors LLC Decreases Stock Holdings in Procter & Gamble Company (The) $PG

Beacon Pointe Advisors LLC lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 6.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 354,556 shares of the company’s stock after selling 25,590 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Procter & Gamble were worth $56,488,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in PG. Wellspring Financial Advisors LLC lifted its stake in Procter & Gamble by 2.5% in the 2nd quarter. Wellspring Financial Advisors LLC now owns 4,058 shares of the company’s stock valued at $647,000 after buying an additional 99 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Procter & Gamble by 132.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,225,470 shares of the company’s stock valued at $513,882,000 after acquiring an additional 1,838,877 shares during the last quarter. Westerkirk Capital Inc. acquired a new position in shares of Procter & Gamble during the second quarter valued at approximately $4,796,000. NBW Capital LLC purchased a new position in shares of Procter & Gamble in the second quarter valued at approximately $204,000. Finally, Quantbot Technologies LP boosted its stake in shares of Procter & Gamble by 173.0% in the second quarter. Quantbot Technologies LP now owns 55,968 shares of the company’s stock worth $8,917,000 after acquiring an additional 35,466 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Jennifer L. Davis sold 3,227 shares of the firm’s stock in a transaction dated 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 directly owned 61,764 shares of the company’s stock, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Andre Schulten sold 4,252 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 $647,281.96. Following the completion of the transaction, the chief financial officer directly owned 53,992 shares in the company, valued at $8,219,202.16. The trade was a 7.30% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 30,308 shares of company stock worth $4,611,852. Insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of PG stock opened at $147.40 on Tuesday. The firm’s 50-day moving average is $149.67 and its two-hundred day moving average is $155.63. Procter & Gamble Company has a 12 month low of $144.09 and a 12 month high of $180.16. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. The company has a market capitalization of $344.44 billion, a PE ratio of 21.52, a price-to-earnings-growth ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same quarter last year, the firm earned $1.93 EPS. 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. Analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio is 61.61%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on PG shares. Dbs Bank upgraded Procter & Gamble to a “moderate buy” rating in a report on Tuesday, October 28th. 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 research note on Tuesday, September 23rd. JPMorgan Chase & Co. boosted their price target on shares of Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Berenberg Bank increased their price objective 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, Bank of America lowered their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $171.53.

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.