Procter & Gamble Company (The) $PG Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 14.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,604 shares of the company’s stock after selling 445 shares during the period. Salomon & Ludwin LLC’s holdings in Procter & Gamble were worth $420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of PG. Brighton Jones LLC boosted its stake in Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. boosted its stake in Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after acquiring an additional 277 shares in the last quarter. GAMMA Investing LLC boosted its stake in Procter & Gamble by 22.4% in the first quarter. GAMMA Investing LLC now owns 46,658 shares of the company’s stock valued at $7,951,000 after acquiring an additional 8,537 shares in the last quarter. Summit Wealth Group LLC boosted its stake in Procter & Gamble by 11.2% in the first quarter. Summit Wealth Group LLC now owns 7,437 shares of the company’s stock valued at $1,267,000 after acquiring an additional 752 shares in the last quarter. Finally, L.M. Kohn & Company boosted its stake in Procter & Gamble by 102.1% in the first quarter. L.M. Kohn & Company now owns 31,276 shares of the company’s stock valued at $5,330,000 after acquiring an additional 15,797 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Up 1.3%

NYSE PG opened at $151.53 on Friday. The stock has a market capitalization of $354.66 billion, a P/E ratio of 23.28, a P/E/G ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $146.96 and a 52-week high of $180.43. The firm has a 50-day moving average price of $154.92 and a 200 day moving average price of $158.77. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.06. The firm had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.40 earnings per share. 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 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s dividend payout ratio is currently 64.98%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $6,309,515.13. Following the completion of the transaction, the chief executive officer directly owned 319,375 shares of the company’s stock, valued at approximately $50,228,106.25. This trade represents a 11.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Shailesh Jejurikar sold 13,039 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer directly owned 28,036 shares of the company’s stock, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 149,763 shares of company stock valued at $23,421,279 in the last 90 days. 0.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

PG has been the subject of several research analyst reports. UBS Group decreased their price objective on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Evercore ISI reissued an “in-line” rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Berenberg Bank raised their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Finally, BNP Paribas Exane lowered their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $172.21.

About Procter & Gamble

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.