Nadler Financial Group Inc. Trims Holdings in Procter & Gamble Company (The) $PG

Nadler Financial Group Inc. decreased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 17.0% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,852 shares of the company’s stock after selling 585 shares during the quarter. Nadler Financial Group Inc.’s holdings in Procter & Gamble were worth $454,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. purchased a new position in Procter & Gamble during the first quarter worth approximately $26,000. Signature Resources Capital Management LLC lifted its position in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after buying an additional 72 shares in the last quarter. Quarry LP purchased a new position in Procter & Gamble during the first quarter worth approximately $33,000. Mizuho Securities Co. Ltd. lifted its position in Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock worth $34,000 after buying an additional 170 shares in the last quarter. Finally, RMG Wealth Management LLC purchased a new stake in Procter & Gamble in the second quarter valued at $37,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 34,978 shares of the company’s stock, valued at approximately $5,532,120.48. This represents a 22.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Andre Schulten sold 11,638 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares of the company’s stock, valued at approximately $8,279,007.34. This represents a 18.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 149,763 shares of company stock worth $23,421,279. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Trading Down 1.4%

PG opened at $147.54 on Tuesday. Procter & Gamble Company has a 12 month low of $146.96 and a 12 month high of $180.43. The stock has a market capitalization of $345.32 billion, a price-to-earnings ratio of 22.66, a PEG ratio of 3.97 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The business has a fifty day moving average price of $155.18 and a 200 day moving average price of $159.27.

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

Wall Street Analysts Forecast Growth

PG has been the topic of a number of research analyst reports. Berenberg Bank lifted their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Evercore ISI restated an “in-line” rating and issued a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Wells Fargo & Company reduced their target price 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. Bank of America reduced their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. Finally, BNP Paribas reiterated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. Eleven 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, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $172.21.

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.