Procter & Gamble Loses 36.7% Stake Holder Amid Inflation Concerns
Octavia Wealth Advisors LLC has reduced its stake in Procter & Gamble Company (The) $PG by 36.7% during the 2nd quarter, according to a recent filing with the Securities & Exchange Commission.
The company owned 40,438 shares of Procter & Gamble's stock after selling 23,400 shares during the period. This represents approximately 0.5% of Octavia Wealth Advisors LLC's portfolio, making it its 17th biggest position. The firm's holdings in Procter & Gamble were worth $5,930,000 at the end of the most recent reporting period.
Procter & Gamble has a broad portfolio of essential brands that may be relatively resilient to calmer inflation. The company continues to attract income-oriented investors as a Dividend King, supported by more than six decades of dividend increases. Zacks Research raised several individual forecasts for Procter & Gamble, including Q3 fiscal 2027 EPS to $1.66 from $1.64 and Q4 fiscal 2027 EPS to $1.55 from $1.54.
However, some analysts predict modest pressure on near-term growth expectations due to higher gasoline prices that could constrain consumer discretionary spending. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS, and equities research analysts predict that the company will post 6.98 EPS for the current fiscal year.