Ameritas Advisory Services LLC Boosts Holdings in Procter & Gamble Amid Earnings Concerns
Ameritas Advisory Services LLC has increased its holding in Procter & Gamble Company (The) by 30.8% in the second quarter, according to a recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor now owns 49,385 shares of the company's stock after acquiring an additional 11,621 shares during the period. The value of Ameritas Advisory Services LLC's holdings in Procter & Gamble was $7,242,000 as of its most recent filing with the Securities & Exchange Commission.
This is not an isolated instance; other institutional investors have also modified their positions in Procter & Gamble over the past few months. For example, Brighton Jones LLC grew its position by 51.5% during the fourth quarter and now owns 40,068 shares of the company's stock valued at $6,717,000.
In contrast to these positive developments, analysts estimate that Procter & Gamble could face a significant earnings headwind in fiscal 2027 due to higher costs, unfavorable foreign-exchange movements, and other pressures. Jim Cramer has expressed concerns about the company's lack of growth, highlighting the difficulty of supporting a premium valuation when sales and earnings expansion are limited.