Belpointe Asset Management LLC Decreases Stock Holdings in Procter & Gamble Company (The) $PG

Belpointe Asset Management LLC reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 4.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,070 shares of the company’s stock after selling 1,023 shares during the period. Belpointe Asset Management LLC’s holdings in Procter & Gamble were worth $4,102,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of PG. Focus Partners Wealth grew its holdings in shares of Procter & Gamble by 8.9% during the first quarter. Focus Partners Wealth now owns 1,782,391 shares of the company’s stock valued at $303,755,000 after buying an additional 145,344 shares during the last quarter. Strive Asset Management LLC raised its stake in Procter & Gamble by 3.5% in the 1st quarter. Strive Asset Management LLC now owns 4,053 shares of the company’s stock worth $691,000 after acquiring an additional 136 shares during the last quarter. Integrity Alliance LLC. lifted its position in Procter & Gamble by 229.1% during the 1st quarter. Integrity Alliance LLC. now owns 42,628 shares of the company’s stock worth $7,265,000 after acquiring an additional 29,676 shares during the period. Ransom Advisory Ltd purchased a new stake in Procter & Gamble during the 1st quarter valued at about $3,678,000. Finally, Aspen Investment Management Inc increased its holdings in shares of Procter & Gamble by 2.1% in the first quarter. Aspen Investment Management Inc now owns 7,507 shares of the company’s stock valued at $1,279,000 after purchasing an additional 153 shares during the period. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $159.60 on Wednesday. The company has a market capitalization of $373.54 billion, a PE ratio of 24.52, a price-to-earnings-growth ratio of 4.20 and a beta of 0.36. 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’s fifty day moving average price is $156.37 and its 200 day moving average price is $162.12. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43.

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

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble’s dividend payout ratio is currently 64.98%.

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent research reports. Wells Fargo & Company dropped their target price on Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 30th. Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. UBS Group set a $180.00 price objective on shares of Procter & Gamble and gave the stock a “buy” rating in a research note on Wednesday, July 30th. JPMorgan Chase & Co. restated a “neutral” rating and set a $170.00 target price (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Finally, Barclays set a $164.00 price target on Procter & Gamble and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus price target of $175.12.

Insider Buying and Selling

In other news, CEO Gary A. Coombe sold 10,194 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the sale, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Susan Street Whaley sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $156.84, for a total value of $156,840.00. Following the transaction, the insider directly owned 28,436 shares of the company’s stock, valued at approximately $4,459,902.24. The trade was a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 120,181 shares of company stock valued at $18,918,012 in the last 90 days. Corporate insiders own 0.20% of the company’s stock.

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.