Procter & Gamble Company (The) $PG Shares Sold by Birmingham Capital Management Co. Inc. AL

Birmingham Capital Management Co. Inc. AL lowered its position in Procter & Gamble Company (The) (NYSE:PG) by 14.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,791 shares of the company’s stock after selling 6,331 shares during the quarter. Procter & Gamble makes up about 2.6% of Birmingham Capital Management Co. Inc. AL’s holdings, making the stock its 10th biggest holding. Birmingham Capital Management Co. Inc. AL’s holdings in Procter & Gamble were worth $5,862,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. West Tower Group LLC acquired a new position in shares of Procter & Gamble during the 2nd quarter worth $398,000. Swan Global Investments LLC lifted its holdings in shares of Procter & Gamble by 33.6% during the 2nd quarter. Swan Global Investments LLC now owns 2,183 shares of the company’s stock worth $348,000 after acquiring an additional 549 shares during the period. Calamos Wealth Management LLC increased its position in Procter & Gamble by 16.9% during the 2nd quarter. Calamos Wealth Management LLC now owns 22,867 shares of the company’s stock worth $3,643,000 after purchasing an additional 3,300 shares in the last quarter. Cidel Asset Management Inc. grew its position in Procter & Gamble by 0.7% in the second quarter. Cidel Asset Management Inc. now owns 77,266 shares of the company’s stock valued at $12,310,000 after acquiring an additional 519 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC grew its position in Procter & Gamble by 3.3% in the second quarter. Forvis Mazars Wealth Advisors LLC now owns 46,258 shares of the company’s stock valued at $7,370,000 after acquiring an additional 1,480 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Procter & Gamble

In related news, CFO Andre Schulten sold 11,638 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,830,308.26. Following the sale, the chief financial officer owned 52,642 shares in the company, valued at $8,279,007.34. The trade was a 18.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Shailesh Jejurikar sold 13,039 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $2,050,643.53. Following the completion of the sale, the chief operating officer owned 28,036 shares in the company, valued at $4,409,221.72. This trade represents a 31.74% decrease in their position. The disclosure for this sale can be found here. Over 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.

Wall Street Analyst Weigh In

PG has been the topic of a number of recent research reports. BNP Paribas reiterated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Bank of America dropped their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Evercore ISI restated an “in-line” rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Finally, Berenberg Bank increased their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $172.21.

Procter & Gamble Stock Up 1.3%

PG stock opened at $151.53 on Monday. 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 Company has a twelve month low of $146.96 and a twelve month high of $180.43. The business has a 50 day moving average price of $154.92 and a two-hundred day moving average price of $158.67. The company has a market cap of $354.66 billion, a price-to-earnings ratio of 23.28, a P/E/G ratio of 4.02 and a beta of 0.36.

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

Procter & Gamble Dividend Announcement

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

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.