Ignite Planners LLC Has $1.99 Million Stock Holdings in Procter & Gamble Company (The) $PG

Ignite Planners LLC lowered its position in Procter & Gamble Company (The) (NYSE:PG) by 4.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,834 shares of the company’s stock after selling 538 shares during the period. Ignite Planners LLC’s holdings in Procter & Gamble were worth $1,990,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Dohj LLC raised its holdings in shares of Procter & Gamble by 44.1% in the second quarter. Dohj LLC now owns 12,401 shares of the company’s stock valued at $2,055,000 after purchasing an additional 3,797 shares during the last quarter. TI Trust Inc. grew its position in Procter & Gamble by 7.1% during the second quarter. TI Trust Inc. now owns 4,460 shares of the company’s stock valued at $711,000 after buying an additional 297 shares during the period. Valmark Advisers Inc. grew its position in Procter & Gamble by 1.5% during the second quarter. Valmark Advisers Inc. now owns 63,766 shares of the company’s stock valued at $10,159,000 after buying an additional 923 shares during the period. WESPAC Advisors LLC grew its position in Procter & Gamble by 2.0% during the second quarter. WESPAC Advisors LLC now owns 4,156 shares of the company’s stock valued at $662,000 after buying an additional 82 shares during the period. Finally, Hall Capital Management Co. Inc. boosted its position in Procter & Gamble by 2.8% during the second quarter. Hall Capital Management Co. Inc. now owns 14,497 shares of the company’s stock worth $2,310,000 after purchasing an additional 395 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 1.2%

PG stock opened at $150.67 on Thursday. The company has a market capitalization of $352.64 billion, a PE ratio of 23.14, a price-to-earnings-growth ratio of 4.05 and a beta of 0.36. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43. The company’s 50 day moving average price is $155.26 and its two-hundred day moving average price is $159.72. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70.

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

Insider Activity

In other Procter & Gamble news, CFO Andre Schulten sold 11,638 shares of Procter & Gamble stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction 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 trade represents a 18.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jon R. Moeller sold 40,119 shares of Procter & Gamble stock in a transaction on 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 completion of the transaction, the chief executive officer directly owned 319,375 shares in the company, 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. In the last three months, insiders sold 149,763 shares of company stock valued at $23,421,279. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Wells Fargo & Company cut their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research report on Thursday, September 25th. BNP Paribas restated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research report on Friday, August 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday. BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $172.58.

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.