Baird Financial Group Reduces Holdings in Procter & Gamble Company
Baird Financial Group Inc., a prominent financial institution, has reduced its holdings in Procter & Gamble Company (The) ($PG). According to its most recent filing with the Securities & Exchange Commission, Baird Financial Group Inc. lessened its shares by 0.5% during the second quarter.
The fund owned approximately 1,538,711 shares of the company's stock after selling 8,211 shares during the quarter. This represents about $225,637,000 in value as of its most recent filing with the Securities & Exchange Commission.
Procter & Gamble has reported a revenue of $21.20 billion for the latest quarter, up 1.5% compared to the same period last year. The company's net margin is 18.44%, and return on equity stands at 31.36%. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS.