MBL Wealth LLC Has $965,000 Stock Holdings in Procter & Gamble Company (The) $PG

MBL Wealth LLC lessened its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,058 shares of the company’s stock after selling 216 shares during the quarter. MBL Wealth LLC’s holdings in Procter & Gamble were worth $965,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Nova Wealth Management Inc. acquired a new position in shares of Procter & Gamble during the first quarter valued at $26,000. Signature Resources Capital Management LLC lifted its stake in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after buying an additional 72 shares during the period. Quarry LP acquired a new position in Procter & Gamble in the first quarter valued at about $33,000. Mizuho Securities Co. Ltd. lifted its stake in Procter & Gamble by 566.7% in the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after buying an additional 170 shares during the period. Finally, Quest 10 Wealth Builders Inc. lifted its stake in Procter & Gamble by 50.3% in the first quarter. Quest 10 Wealth Builders Inc. now owns 245 shares of the company’s stock valued at $42,000 after buying an additional 82 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.1%

NYSE:PG opened at $152.19 on Friday. 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 has a market cap of $356.20 billion, a PE ratio of 23.38, a PEG ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The stock has a 50-day simple moving average of $155.51 and a 200 day simple moving average of $160.00.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06. The business had revenue of $20.89 billion during 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%.Procter & Gamble’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period last year, the company earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were issued 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 dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 64.98%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on PG shares. BNP Paribas reissued an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a research note on Friday, August 15th. Barclays cut their target price on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Wednesday. UBS Group set a $180.00 target price on Procter & Gamble and gave the company a “buy” rating in a research note on Wednesday, July 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Saturday, September 27th. Finally, Wells Fargo & Company dropped their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $173.11.

Insider Buying and Selling at Procter & Gamble

In related news, COO Shailesh Jejurikar sold 13,039 shares of the stock in a transaction dated 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 transaction, the chief operating officer directly owned 28,036 shares in the company, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Jon R. Moeller sold 40,119 shares of the stock in a transaction dated 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 transaction, the chief executive officer owned 319,375 shares of the company’s stock, valued at approximately $50,228,106.25. The trade was a 11.16% 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. 0.20% of the stock is currently owned by corporate insiders.

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.