Sunflower Bank N.A. Sells 106,032 Shares of Procter & Gamble Company (The) $PG

Sunflower Bank N.A. reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 96.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,777 shares of the company’s stock after selling 106,032 shares during the period. Sunflower Bank N.A.’s holdings in Procter & Gamble were worth $580,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PG. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble in the 1st quarter valued at approximately $26,000. Signature Resources Capital Management LLC grew its holdings in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP bought a new position in shares of Procter & Gamble in the first quarter valued at approximately $33,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble in the second quarter worth $34,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Procter & Gamble during the 2nd quarter worth $37,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.8%

Shares of PG opened at $144.39 on Friday. The stock’s 50-day moving average price is $147.32 and its 200 day moving average price is $153.46. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $337.41 billion, a price-to-earnings ratio of 21.08, a P/E/G ratio of 4.86 and a beta of 0.39. Procter & Gamble Company has a 12-month low of $138.14 and a 12-month high of $179.99.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.09. The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.Procter & Gamble’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s payout ratio is 61.75%.

Insider Buying and Selling

In other news, CEO Gary A. Coombe sold 3,535 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $538,133.05. Following the sale, the chief executive officer directly owned 34,816 shares in the company, valued at approximately $5,300,039.68. The trade was a 9.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jon R. Moeller sold 11,684 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the completion of the sale, the chief executive officer directly owned 319,932 shares in the company, valued at approximately $48,703,248.36. The trade was a 3.52% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 30,308 shares of company stock worth $4,611,852. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

PG has been the topic of several recent analyst reports. Barclays dropped their target price on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. Bank of America dropped their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Morgan Stanley set a $175.00 price objective on Procter & Gamble in a research report on Monday, October 27th. Berenberg Bank raised their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a report on Wednesday, September 17th. Finally, Raymond James Financial cut their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Thirteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $171.38.

Procter & Gamble Company Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.