American Financial Advisors LLC Decreases Stock Holdings in Procter & Gamble Company (The) $PG

American Financial Advisors LLC trimmed its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 5.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,715 shares of the company’s stock after selling 92 shares during the period. American Financial Advisors LLC’s holdings in Procter & Gamble were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the company. Nova Wealth Management Inc. purchased a new stake in Procter & Gamble during the 1st quarter worth $26,000. Capital A Wealth Management LLC purchased a new position in Procter & Gamble in the 4th quarter valued at about $31,000. Quarry LP acquired a new stake in shares of Procter & Gamble during the first quarter valued at about $33,000. 10Elms LLP acquired a new position in shares of Procter & Gamble in the fourth quarter worth about $34,000. Finally, Sunbeam Capital Management LLC purchased a new position in Procter & Gamble in the fourth quarter valued at about $34,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In other news, insider Marc S. Pritchard sold 9,849 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the transaction, the insider owned 182,422 shares of the company’s stock, valued at $28,689,507.94. This trade represents a 5.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Shailesh Jejurikar sold 13,039 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 $2,050,643.53. Following the completion of the sale, the chief operating officer owned 28,036 shares of the company’s stock, valued at $4,409,221.72. The trade was a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 120,181 shares of company stock worth $18,918,012 in the last 90 days. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Up 1.3%

PG opened at $160.15 on Thursday. The company has a market capitalization of $374.83 billion, a PE ratio of 24.60, a price-to-earnings-growth ratio of 4.17 and a beta of 0.36. The business has a 50-day moving average of $156.20 and a 200-day moving average of $161.61. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate 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 was up 1.7% on a year-over-year basis. During the same quarter 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 forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Friday, July 18th. Procter & Gamble’s dividend payout ratio is 64.82%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PG. UBS Group set a $180.00 price objective on Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. Wells Fargo & Company reduced their price objective on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 30th. Barclays set a $164.00 target price on Procter & Gamble and gave the company an “equal weight” rating in a report on Thursday, July 31st. Evercore ISI reiterated an “in-line” rating and issued 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 price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $173.94.

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.