Landscape Capital Management L.L.C. reduced its holdings in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 86.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,515 shares of the company’s stock after selling 53,980 shares during the period. Landscape Capital Management L.L.C.’s holdings in Procter & Gamble were worth $1,249,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the business. Brighton Jones LLC increased its stake in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after acquiring an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. lifted its stake in shares of Procter & Gamble by 10.6% in the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after purchasing an additional 277 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Procter & Gamble by 19.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock worth $979,000 after purchasing an additional 1,016 shares during the period. Auxano Advisors LLC boosted its holdings in shares of Procter & Gamble by 10.8% in the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after purchasing an additional 714 shares during the period. Finally, Schnieders Capital Management LLC. increased its position in shares of Procter & Gamble by 2.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock valued at $4,809,000 after purchasing an additional 809 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.
More Procter & Gamble News
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Brokerages maintain a consensus “Moderate Buy” rating and an average price target of $161.19, above recent trading levels. The coverage includes an RBC “outperform” reiteration and bullish ratings from Jefferies and Wells Fargo. Procter & Gamble Given Average Recommendation of Moderate Buy
- Positive Sentiment: Investor attention is returning to PG’s dividend strength. The company’s quarterly payout of $1.0885 equals approximately $4.35 annually and a 3.0% yield, supporting its appeal as a defensive income holding. Procter & Gamble Dividend Strength Returns to Focus
- Neutral Sentiment: Two insiders sold shares to cover tax-withholding obligations tied to vested equity awards. Because these were not discretionary open-market sales, they provide limited information about management’s outlook. Procter & Gamble Insider Buying and Selling
- Neutral Sentiment: Dividend-investing commentary continues to identify PG as a long-term consumer-staples holding, though a 4.74% 10-year Treasury yield raises the return threshold for owning dividend stocks. Five Dividend Aristocrats to Own for Life
- Negative Sentiment: Chief Accounting Officer Matthew Janzaruk sold 359 shares worth $52,141, reducing his direct holdings by about 22%. The transaction is small, but the non-tax-related sale may add modest pressure to sentiment. Procter & Gamble CAO Stock Sale
- Negative Sentiment: PG’s latest results showed only 1.5% year-over-year revenue growth, revenue below expectations, and lower year-over-year EPS. With the stock valued at roughly 22 times earnings, investors may remain concerned that growth is not strong enough to justify the premium.
Procter & Gamble Price Performance
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The firm had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter in the previous year, the firm posted $1.48 earnings per share. The company’s revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current year.
Procter & Gamble Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were issued a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, July 24th. Procter & Gamble’s dividend payout ratio is currently 65.71%.
Analysts Set New Price Targets
Several analysts recently weighed in on PG shares. Sanford C. Bernstein restated a “market perform” rating and set a $149.00 price target on shares of Procter & Gamble in a report on Monday. Bank of America reduced their target price on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. HSBC reaffirmed a “hold” rating and set a $149.00 price target (down from $182.00) on shares of Procter & Gamble in a research note on Thursday, July 30th. Barclays upped their price target on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Finally, Jefferies Financial Group raised their price objective on shares of Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $161.19.
Check Out Our Latest Stock Analysis on Procter & Gamble
Insider Transactions at Procter & Gamble
In other news, insider Marc S. Pritchard sold 4,030 shares of the firm’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $579,473.70. Following the transaction, the insider owned 187,001 shares in the company, valued at approximately $26,888,873.79. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Susan Street Whaley sold 2,238 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $321,802.02. Following the completion of the sale, the insider directly owned 26,989 shares of the company’s stock, valued at approximately $3,880,748.31. This trade represents a 7.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 6,627 shares of company stock valued at $953,417. 0.20% of the stock is currently owned by corporate insiders.
Procter & Gamble Company Profile
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.
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