SPC Financial Inc. Has $1.78 Million Holdings in Procter & Gamble Company (The) $PG

SPC Financial Inc. cut its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 3.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,139 shares of the company’s stock after selling 357 shares during the period. SPC Financial Inc.’s holdings in Procter & Gamble were worth $1,775,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of PG. Stableford Capital II LLC boosted its position in shares of Procter & Gamble by 1.1% during the first quarter. Stableford Capital II LLC now owns 5,817 shares of the company’s stock valued at $993,000 after buying an additional 61 shares during the last quarter. B & T Capital Management DBA Alpha Capital Management grew its stake in shares of Procter & Gamble by 2.3% in the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock worth $476,000 after acquiring an additional 63 shares in the last quarter. Private Management Group Inc. grew its stake in shares of Procter & Gamble by 4.8% in the 1st quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock worth $236,000 after acquiring an additional 64 shares in the last quarter. Lantz Financial LLC grew its stake in shares of Procter & Gamble by 1.2% in the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock worth $834,000 after acquiring an additional 64 shares in the last quarter. Finally, Orca Investment Management LLC grew its stake in shares of Procter & Gamble by 2.0% in the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after acquiring an additional 64 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Balaji Purushothaman sold 490 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $74,592.70. Following the completion of the sale, the insider owned 12,616 shares of the company’s stock, valued at approximately $1,920,533.68. This trade represents a 3.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Jennifer L. Davis sold 3,227 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $491,246.21. Following the completion of the sale, the chief executive officer directly owned 61,764 shares of the company’s stock, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,763 shares of company stock worth $23,421,279 in the last quarter. 0.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. BNP Paribas reiterated an “outperform” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Bank of America dropped their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Procter & Gamble in a report on Wednesday, October 8th. Finally, UBS Group dropped their price target on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a report on Wednesday. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $172.21.

Procter & Gamble Stock Down 0.6%

Procter & Gamble stock opened at $149.69 on Monday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The firm has a 50 day moving average price of $155.24 and a 200-day moving average price of $159.41. Procter & Gamble Company has a twelve month low of $149.45 and a twelve month high of $180.43. The company has a market capitalization of $350.34 billion, a P/E ratio of 22.99, a P/E/G ratio of 3.97 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last released its earnings results 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. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. During the same period last year, the business posted $1.40 earnings per share. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

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.