Avior Wealth Management LLC Sells 488 Shares of Procter & Gamble Company (The) $PG

Avior Wealth Management LLC reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 1.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,804 shares of the company’s stock after selling 488 shares during the period. Avior Wealth Management LLC’s holdings in Procter & Gamble were worth $4,186,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. XY Planning Network Inc. bought a new stake in shares of Procter & Gamble in the 2nd quarter valued at about $476,000. Uncommon Cents Investing LLC boosted its holdings in shares of Procter & Gamble by 6.0% in the 2nd quarter. Uncommon Cents Investing LLC now owns 4,395 shares of the company’s stock valued at $700,000 after buying an additional 250 shares in the last quarter. RBA Wealth Management LLC boosted its holdings in shares of Procter & Gamble by 1.8% in the 2nd quarter. RBA Wealth Management LLC now owns 30,499 shares of the company’s stock valued at $4,859,000 after buying an additional 530 shares in the last quarter. Virginia Wealth Management Group Inc. boosted its holdings in shares of Procter & Gamble by 0.4% in the 2nd quarter. Virginia Wealth Management Group Inc. now owns 22,976 shares of the company’s stock valued at $3,661,000 after buying an additional 92 shares in the last quarter. Finally, Hengehold Capital Management LLC boosted its holdings in shares of Procter & Gamble by 0.9% in the 2nd quarter. Hengehold Capital Management LLC now owns 400,717 shares of the company’s stock valued at $63,842,000 after buying an additional 3,386 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

PG opened at $152.44 on Friday. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $356.78 billion, a PE ratio of 23.42, a P/E/G ratio of 4.02 and a beta of 0.36. The firm has a 50 day moving average of $156.00 and a two-hundred day moving average of $160.55.

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. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were paid 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 was Friday, July 18th. Procter & Gamble’s payout ratio is 64.98%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the transaction, the chief executive officer owned 34,978 shares of the company’s stock, valued at $5,532,120.48. This represents a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Susan Street Whaley sold 1,000 shares of the company’s stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $156.84, for a total transaction of $156,840.00. Following the completion of the transaction, the insider directly owned 28,436 shares in the company, valued at $4,459,902.24. The trade was a 3.40% decrease in their position. 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 over the last 90 days. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on PG shares. Wells Fargo & Company lowered their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. 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. Finally, Evercore ISI reiterated an “in-line” rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $173.68.

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.