IQ EQ FUND MANAGEMENT IRELAND Ltd Sells 153 Shares of Procter & Gamble Company (The) $PG

IQ EQ FUND MANAGEMENT IRELAND Ltd lowered its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 0.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 38,635 shares of the company’s stock after selling 153 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Procter & Gamble were worth $6,155,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of PG. Brighton Jones LLC lifted its position in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after buying an additional 13,617 shares during the period. Taylor Financial Group Inc. increased its stake in shares of Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after acquiring an additional 277 shares in the last quarter. Summit Wealth Group LLC lifted its position in Procter & Gamble by 11.2% during the 1st quarter. Summit Wealth Group LLC now owns 7,437 shares of the company’s stock valued at $1,267,000 after acquiring an additional 752 shares during the period. Golden State Wealth Management LLC boosted its stake in Procter & Gamble by 10.4% during the first quarter. Golden State Wealth Management LLC now owns 6,007 shares of the company’s stock worth $1,024,000 after acquiring an additional 567 shares in the last quarter. Finally, Sovran Advisors LLC grew its holdings in Procter & Gamble by 12.3% in the first quarter. Sovran Advisors LLC now owns 5,176 shares of the company’s stock worth $883,000 after purchasing an additional 566 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Procter & Gamble

In related news, insider Marc S. Pritchard sold 9,849 shares of the firm’s 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 sale, the insider owned 182,422 shares in the company, valued at approximately $28,689,507.94. This trade represents a 5.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the sale, the chief executive officer directly owned 34,978 shares of the company’s stock, valued at approximately $5,532,120.48. This trade represents a 22.57% 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 quarter. 0.20% of the stock is owned by company insiders.

Procter & Gamble Stock Down 0.6%

PG stock opened at $151.62 on Tuesday. The stock has a market capitalization of $354.85 billion, a P/E ratio of 22.13, a P/E/G ratio of 4.05 and a beta of 0.36. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.71 and a quick ratio of 0.51. Procter & Gamble Company has a 1-year low of $146.96 and a 1-year high of $180.43. The business has a fifty day moving average price of $154.58 and a 200-day moving average price of $158.31.

Procter & Gamble (NYSE:PGGet Free Report) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.51% and a net margin of 19.74%.The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same period last year, the company earned $1.93 EPS. Procter & Gamble’s revenue for the quarter was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities analysts forecast that Procter & Gamble Company will post 6.91 earnings per share 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. Stockholders of record on Friday, October 24th will be issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s payout ratio is presently 61.75%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on PG shares. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a report on Monday. BNP Paribas reiterated an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. UBS Group dropped their target price on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Raymond James Financial reduced their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Finally, Wells Fargo & Company dropped their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $171.53.

Get Our Latest Stock Analysis on PG

Procter & Gamble Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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