Rep. Katherine M. Clark Sells Off Shares of Procter & Gamble Company (The) (NYSE:PG)

Representative Katherine M. Clark (D-Massachusetts) recently sold shares of Procter & Gamble Company (The) (NYSE:PG). In a filing disclosed on October 03rd, the Representative disclosed that they had sold between $15,001 and $50,000 in Procter & Gamble stock on September 17th. The trade occurred in the Representative’s “KATHERINE M. CLARK SEPARATE SHARE TRUST” account.

Procter & Gamble Stock Down 1.2%

Shares of NYSE:PG opened at $150.67 on Thursday. Procter & Gamble Company has a 1 year low of $149.91 and a 1 year high of $180.43. The company has a market cap of $352.64 billion, a PE ratio of 23.14, a P/E/G ratio of 4.05 and a beta of 0.36. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The stock’s 50-day moving average is $155.26 and its 200 day moving average is $159.72.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter in the previous year, the business earned $1.40 EPS. Procter & Gamble’s revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, COO Shailesh Jejurikar sold 13,039 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $2,050,643.53. Following the completion of the sale, the chief operating officer owned 28,036 shares in the company, valued at $4,409,221.72. This represents a 31.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Marc S. Pritchard sold 9,849 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the transaction, the insider directly owned 182,422 shares in the company, valued at approximately $28,689,507.94. The trade was a 5.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 149,763 shares of company stock valued at $23,421,279 in the last ninety days. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Wells Fargo & Company reduced their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $170.00 target price (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Evercore ISI reiterated an “in-line” rating and set a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Berenberg Bank boosted their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $172.58.

Hedge Funds Weigh In On Procter & Gamble

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the 1st quarter valued at $26,000. Signature Resources Capital Management LLC lifted its holdings in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after buying an additional 72 shares during the period. Quarry LP bought a new position in shares of Procter & Gamble during the 1st quarter valued at $33,000. Mizuho Securities Co. Ltd. lifted its holdings in shares of Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company’s stock valued at $34,000 after buying an additional 170 shares during the period. Finally, Mid American Wealth Advisory Group Inc. bought a new position in shares of Procter & Gamble during the 2nd quarter valued at $34,000. 65.77% of the stock is owned by institutional investors.

About Representative Clark

Katherine Clark (Democratic Party) is a member of the U.S. House, representing Massachusetts’ 5th Congressional District. She assumed office on December 12, 2013. Her current term ends on January 3, 2027.

Clark (Democratic Party) is running for re-election to the U.S. House to represent Massachusetts’ 5th Congressional District. She declared candidacy for the 2026 election.

At the start of the 118th Congress, Clark became the House Minority Whip.

Clark earned her B.A. from St. Lawrence University, M.P.A. from the Kennedy School of Government at Harvard University and J.D. from Cornell Law School. Her professional experience includes working as General Counsel of the Massachusetts Office of Child Care Services, Prosecutor for the Colorado Attorney General’s Office and Federal Court Clerk for the Honorable Alfred A. Arraj.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.