Seneca House Advisors Sells 127 Shares of Procter & Gamble Company (The) $PG
by Teresa Graham · The Cerbat GemSeneca House Advisors reduced its stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,688 shares of the company’s stock after selling 127 shares during the period. Procter & Gamble accounts for 0.8% of Seneca House Advisors’ portfolio, making the stock its 27th largest position. Seneca House Advisors’ holdings in Procter & Gamble were worth $1,862,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of PG. Brighton Jones LLC raised its stake in Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after buying an additional 13,617 shares in the last quarter. Bank Pictet & Cie Europe AG grew its holdings in Procter & Gamble by 493.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company’s stock worth $57,294,000 after purchasing an additional 284,174 shares during the period. Two Sigma Advisers LP grew its holdings in Procter & Gamble by 100.5% in the fourth quarter. Two Sigma Advisers LP now owns 110,300 shares of the company’s stock worth $18,492,000 after purchasing an additional 55,300 shares during the period. Two Sigma Investments LP grew its holdings in Procter & Gamble by 2.4% in the fourth quarter. Two Sigma Investments LP now owns 18,133 shares of the company’s stock worth $3,040,000 after purchasing an additional 433 shares during the period. Finally, Westwood Holdings Group Inc. grew its holdings in Procter & Gamble by 23.4% in the fourth quarter. Westwood Holdings Group Inc. now owns 9,746 shares of the company’s stock worth $1,634,000 after purchasing an additional 1,848 shares during the period. 65.77% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on PG shares. Wells Fargo & Company cut their price objective on shares of Procter & Gamble from $175.00 to $173.00 and set an “overweight” rating on the stock in a report on Wednesday, July 30th. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a “buy” rating in a report on Wednesday, July 30th. Barclays set a $164.00 target price on shares of Procter & Gamble and gave the stock an “equal weight” rating in a report on Thursday, July 31st. 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 report on Monday, July 14th. Finally, BNP Paribas restated an “outperform” rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $175.12.
Read Our Latest Report on Procter & Gamble
Procter & Gamble Stock Performance
Shares of NYSE PG opened at $158.08 on Wednesday. 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 $369.98 billion, a P/E ratio of 24.28, a P/E/G ratio of 4.14 and a beta of 0.36. The firm’s fifty day moving average is $156.14 and its two-hundred day moving average is $161.62. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43.
Procter & Gamble (NYSE:PG – Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the previous year, the firm posted $1.40 EPS. Procter & Gamble’s revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.
Procter & Gamble Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. Procter & Gamble’s payout ratio is currently 64.98%.
Insider Activity
In related news, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction dated Thursday, August 21st. The shares were 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. The trade was a 22.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $6,309,515.13. Following the transaction, the chief executive officer directly owned 319,375 shares of the company’s stock, valued at approximately $50,228,106.25. This represents 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 worth $18,918,012 in the last 90 days. Company 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.
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