Procter & Gamble Company (The) $PG Position Trimmed by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group decreased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 14.1% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 39,105 shares of the company’s stock after selling 6,440 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Procter & Gamble were worth $5,733,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Covington Investment Advisors Inc. lifted its stake in Procter & Gamble by 1.1% during the second quarter. Covington Investment Advisors Inc. now owns 35,173 shares of the company’s stock valued at $5,158,000 after buying an additional 375 shares in the last quarter. JNBA Financial Advisors boosted its holdings in shares of Procter & Gamble by 4.6% in the second quarter. JNBA Financial Advisors now owns 4,548 shares of the company’s stock worth $667,000 after buying an additional 201 shares during the period. Advocacy Wealth Management LLC increased its position in shares of Procter & Gamble by 12.0% in the second quarter. Advocacy Wealth Management LLC now owns 3,998 shares of the company’s stock worth $586,000 after acquiring an additional 427 shares in the last quarter. CTC Alternative Strategies Ltd. acquired a new stake in shares of Procter & Gamble during the second quarter valued at approximately $293,000. Finally, Oarsman Capital Inc. raised its holdings in shares of Procter & Gamble by 3.2% during the second quarter. Oarsman Capital Inc. now owns 5,661 shares of the company’s stock valued at $830,000 after acquiring an additional 173 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Up 0.5%

Procter & Gamble stock opened at $145.86 on Wednesday. The firm has a market cap of $338.78 billion, a PE ratio of 22.03, a P/E/G ratio of 4.47 and a beta of 0.39. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68. The firm’s 50 day moving average price is $146.96 and its two-hundred day moving average price is $148.02. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The company had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the business posted $1.48 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, research analysts predict that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 24th were given a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.71%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. BMO Capital Markets raised their price objective on shares of Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. JPMorgan Chase & Co. cut their target price on shares of Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating on the stock in a research note on Thursday, July 16th. Argus cut Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. Bank of America lowered their price target on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Procter & Gamble in a research report on Wednesday, August 19th. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $161.19.

Insider Activity at Procter & Gamble

In other news, insider Marc S. Pritchard sold 4,030 shares of Procter & Gamble stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $579,473.70. Following the completion of the sale, the insider directly owned 187,001 shares in the company, valued at $26,888,873.79. The trade was a 2.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $145.24, for a total value of $52,141.16. Following the completion of the sale, the chief accounting officer directly owned 1,271 shares of the company’s stock, valued at approximately $184,600.04. The trade was a 22.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 6,627 shares of company stock valued at $953,417. Insiders own 0.20% of the company’s stock.

More Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Tariff recovery improves cash flow: P&G recovered approximately $100 million in tariffs it had previously paid after those charges were ruled illegal. The reimbursement should provide a modest financial benefit and removes some cost pressure. P&G has gotten back $100M in Trump tariffs it paid
• Positive Sentiment: Dividend appeal remains strong: Recent commentary highlights PG’s roughly 3% yield, long record of annual dividend increases and potential for compounding income over time. The stock continues to be viewed as a defensive holding for retirees and long-term dividend investors. Why P&G’s 3% Yield Could Matter More to Long-Term Dividend Investors
• Positive Sentiment: Defensive positioning: Analysts and investing publications continue to recommend P&G as a dependable consumer-staples dividend stock, citing its brand portfolio, productivity efforts, innovation and robust cash returns. The Best Dividend Stock for 2027 and Beyond: Procter & Gamble

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.