Procter & Gamble Share Stake Reduced by 57.4% in Second Quarter
G&S Capital LLC significantly reduced its stake in Procter & Gamble Company (NYSE: PG) during the second quarter, according to a recent SEC filing. The institutional investor sold 17,717 shares of PG's stock, lowering its holdings by 57.4%. As of the most recent filing, G&S Capital LLC owned 13,166 shares of PG's stock, valued at $1,931,000.
Other institutional investors also adjusted their stakes in Procter & Gamble during the second quarter. Diversified Management Inc. increased its holdings by 3.8%, purchasing an additional 161 shares to bring its total to 4,443. Charles Schwab Trust Co lifted its stake by 5.8% through the purchase of 400 more shares, bringing its total to 7,282.
Procter & Gamble's recent quarterly results included a revenue increase of 1.5% year-over-year and an EPS beat, with analysts projecting $7.00 in fiscal 2027 earnings per share. The company has maintained its dividend-increase streak at 70 consecutive years, providing a stable income stream for investors.