Procter & Gamble Company (The) $PG Shares Sold by Atlas Private Wealth Advisors

Atlas Private Wealth Advisors cut its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 63.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,079 shares of the company’s stock after selling 5,374 shares during the period. Atlas Private Wealth Advisors’ holdings in Procter & Gamble were worth $473,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in PG. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Procter & Gamble during the 3rd quarter worth about $25,000. Corundum Trust Company INC purchased a new position in Procter & Gamble during the third quarter worth about $32,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the second quarter valued at about $34,000. RMG Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the 2nd quarter valued at approximately $37,000. Finally, Marquette Asset Management LLC acquired a new position in shares of Procter & Gamble in the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on PG shares. Barclays set a $155.00 target price on Procter & Gamble in a research report on Friday, January 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, December 29th. Morgan Stanley set a $175.00 target price on Procter & Gamble in a research note on Monday, October 27th. Deutsche Bank Aktiengesellschaft dropped their target price on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research report on Monday, December 8th. Finally, UBS Group increased their price target on shares of Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Thirteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $167.00.

Insider Transactions at Procter & Gamble

In other news, insider Marc S. Pritchard sold 95,903 shares of the company’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the completion of the transaction, the insider directly owned 182,607 shares of the company’s stock, valued at approximately $27,601,048.05. This represents a 34.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.20% of the stock is owned by company insiders.

Procter & Gamble Stock Up 1.3%

PG stock opened at $151.80 on Friday. The company’s 50 day moving average price is $144.89 and its 200 day moving average price is $150.33. The firm has a market capitalization of $352.78 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 4.98 and a beta of 0.39. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $179.99. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The company had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. During the same quarter in the previous year, the business posted $1.88 EPS. The firm’s revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be paid a $1.0568 dividend. The ex-dividend date is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.67%.

Procter & Gamble 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.