Founders Financial Securities LLC decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 9.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,877 shares of the company’s stock after selling 3,682 shares during the period. Founders Financial Securities LLC’s holdings in Procter & Gamble were worth $5,666,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. Global X Japan Co. Ltd. raised its holdings in shares of Procter & Gamble by 8.5% during the 3rd quarter. Global X Japan Co. Ltd. now owns 3,864 shares of the company’s stock worth $594,000 after buying an additional 303 shares in the last quarter. Swedbank AB boosted its stake in Procter & Gamble by 3.5% in the third quarter. Swedbank AB now owns 1,612,476 shares of the company’s stock valued at $247,757,000 after buying an additional 54,984 shares in the last quarter. Successful Portfolios LLC grew its position in Procter & Gamble by 1.7% in the third quarter. Successful Portfolios LLC now owns 9,858 shares of the company’s stock valued at $1,515,000 after acquiring an additional 167 shares during the last quarter. Cypress Wealth Services LLC raised its stake in Procter & Gamble by 3.2% during the third quarter. Cypress Wealth Services LLC now owns 3,119 shares of the company’s stock worth $479,000 after acquiring an additional 97 shares in the last quarter. Finally, Strong Tower Advisory Services lifted its holdings in shares of Procter & Gamble by 12.8% in the third quarter. Strong Tower Advisory Services now owns 17,593 shares of the company’s stock worth $2,703,000 after acquiring an additional 2,001 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, CFO Andre Schulten sold 4,252 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $647,281.96. Following the sale, the chief financial officer directly owned 53,992 shares of the company’s stock, valued at approximately $8,219,202.16. This represents a 7.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Jon R. Moeller sold 11,684 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the sale, the chief executive officer owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. This trade represents a 3.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 30,308 shares of company stock worth $4,611,852. 0.20% of the stock is owned by insiders.
Procter & Gamble Stock Performance
Procter & Gamble (NYSE:PG – Get Free Report) last released its quarterly earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Sell-side analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.
Procter & Gamble Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were given 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 of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio is currently 61.75%.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. BNP Paribas Exane lowered their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Barclays decreased their target price on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Monday, December 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday. Berenberg Bank boosted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Finally, Morgan Stanley set a $175.00 target price on Procter & Gamble in a research report on Monday, October 27th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average target price of $171.38.
Read Our Latest Report on Procter & Gamble
Procter & Gamble Company Profile
Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.
P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.
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