Commerzbank Aktiengesellschaft FI Lowers Position in Procter & Gamble Company (The) $PG

Commerzbank Aktiengesellschaft FI lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 32.3% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 625,199 shares of the company’s stock after selling 297,982 shares during the period. Procter & Gamble accounts for approximately 2.3% of Commerzbank Aktiengesellschaft FI’s portfolio, making the stock its 16th largest holding. Commerzbank Aktiengesellschaft FI’s holdings in Procter & Gamble were worth $99,607,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in PG. Pinion Investment Advisors LLC lifted its position in Procter & Gamble by 1.6% during the second quarter. Pinion Investment Advisors LLC now owns 6,418 shares of the company’s stock valued at $1,023,000 after purchasing an additional 100 shares during the last quarter. Stiles Financial Services Inc raised its position in shares of Procter & Gamble by 4.1% during the 2nd quarter. Stiles Financial Services Inc now owns 23,956 shares of the company’s stock valued at $3,816,000 after buying an additional 943 shares in the last quarter. McKinley Carter Wealth Services Inc. increased its stake in Procter & Gamble by 0.6% in the second quarter. McKinley Carter Wealth Services Inc. now owns 33,504 shares of the company’s stock valued at $5,338,000 after acquiring an additional 204 shares during the last quarter. Stonebridge Financial Group LLC raised its position in Procter & Gamble by 2.7% during the second quarter. Stonebridge Financial Group LLC now owns 38,362 shares of the company’s stock valued at $6,112,000 after purchasing an additional 1,012 shares in the last quarter. Finally, IFP Advisors Inc raised its position in Procter & Gamble by 8.0% during the second quarter. IFP Advisors Inc now owns 60,784 shares of the company’s stock valued at $9,907,000 after purchasing an additional 4,484 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on PG. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. BNP Paribas Exane dropped their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research report on Tuesday, September 23rd. Barclays decreased their price target on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 1st. Berenberg Bank increased their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Finally, UBS Group cut their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $172.58.

Procter & Gamble Stock Down 0.1%

Shares of NYSE:PG opened at $150.53 on Friday. The company has a market cap of $352.31 billion, a PE ratio of 23.12, a P/E/G ratio of 4.00 and a beta of 0.36. Procter & Gamble Company has a 1 year low of $149.58 and a 1 year high of $180.43. The stock’s 50-day moving average is $155.26 and its 200 day moving average is $159.62. 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 announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same quarter last year, the firm posted $1.40 earnings per share. The firm’s revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Insider Activity at Procter & Gamble

In other news, COO Shailesh Jejurikar sold 13,039 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $2,050,643.53. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction on Tuesday, August 19th. The stock was 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 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 position. The disclosure for this sale can be found here. Insiders have sold 149,763 shares of company stock valued at $23,421,279 over the last three months. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Company 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.