Procter & Gamble Company (The) $PG Shares Sold by Court Place Advisors LLC

Court Place Advisors LLC cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.0% in the second quarter, HoldingsChannel reports. The firm owned 52,497 shares of the company’s stock after selling 526 shares during the quarter. Procter & Gamble makes up about 2.6% of Court Place Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Court Place Advisors LLC’s holdings in Procter & Gamble were worth $8,364,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Rice Partnership LLC boosted its holdings in Procter & Gamble by 1.8% in the second quarter. Rice Partnership LLC now owns 14,279 shares of the company’s stock valued at $2,275,000 after purchasing an additional 250 shares during the period. TFR Capital LLC. boosted its holdings in Procter & Gamble by 1.8% in the second quarter. TFR Capital LLC. now owns 4,999 shares of the company’s stock valued at $796,000 after purchasing an additional 86 shares during the period. Mainstay Capital Management LLC ADV boosted its holdings in Procter & Gamble by 103.4% in the second quarter. Mainstay Capital Management LLC ADV now owns 30,508 shares of the company’s stock valued at $4,860,000 after purchasing an additional 15,509 shares during the period. True Link Financial Advisors LLC purchased a new position in Procter & Gamble in the second quarter valued at $243,000. Finally, Leo Wealth LLC boosted its holdings in Procter & Gamble by 87.6% in the second quarter. Leo Wealth LLC now owns 14,690 shares of the company’s stock valued at $2,340,000 after purchasing an additional 6,860 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

PG has been the subject of a number of recent research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday. BNP Paribas reaffirmed an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a report on Friday, August 15th. UBS Group decreased their price target on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday. Wells Fargo & Company decreased their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Finally, Bank of America decreased their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $172.58.

Insiders Place Their Bets

In related news, CEO Jon R. Moeller sold 11,684 shares of the business’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 transaction, the chief executive officer owned 319,932 shares in the company, valued at $48,703,248.36. The trade was a 3.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Andre Schulten sold 4,252 shares of the business’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $647,281.96. Following the completion of the transaction, the chief financial officer owned 53,992 shares in the company, valued at $8,219,202.16. This trade represents a 7.30% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 149,763 shares of company stock worth $23,421,279. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Down 0.1%

Procter & Gamble stock opened at $150.53 on Friday. Procter & Gamble Company has a fifty-two week low of $149.58 and a fifty-two week high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The company has a market capitalization of $352.31 billion, a P/E ratio of 23.12, a PEG ratio of 4.00 and a beta of 0.36. The stock has a 50-day simple moving average of $155.26 and a 200-day simple moving average of $159.62.

Procter & Gamble (NYSE:PG) last posted its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the previous year, the business earned $1.40 EPS. The business’s quarterly revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble 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.