Insider Selling: Procter & Gamble (NYSE:PG) Insider Sells 12,827 Shares of Stock

Procter & Gamble Company (The) (NYSE:PG) insider Balaji Purushothaman sold 12,827 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the completion of the transaction, the insider owned 12,639 shares in the company, valued at approximately $2,026,158.09. This represents a 50.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Procter & Gamble Price Performance

Shares of PG opened at $161.27 on Friday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $179.99. The company has a market capitalization of $374.79 billion, a P/E ratio of 23.89, a price-to-earnings-growth ratio of 5.32 and a beta of 0.38. The firm has a 50 day moving average of $146.80 and a 200 day moving average of $150.44. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last issued its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business had revenue of $22.21 billion for the quarter, compared to the consensus estimate of $22.36 billion. During the same period last year, the business posted $1.88 EPS. The company’s revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be given a $1.0568 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble’s payout ratio is 62.67%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a report on Monday, October 27th. Barclays set a $155.00 target price on shares of Procter & Gamble in a research report on Friday, January 16th. BNP Paribas Exane lowered their price target on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Finally, Raymond James Financial reduced their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Thirteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $167.67.

Institutional Investors Weigh In On Procter & Gamble

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC bought a new position in shares of Procter & Gamble in the third quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in Procter & Gamble by 1,000.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Park Square Financial Group LLC increased its stake in shares of Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares in the last quarter. Evolution Wealth Management Inc. raised its position in shares of Procter & Gamble by 1,315.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after purchasing an additional 171 shares during the period. Finally, Litman Gregory Wealth Management LLC purchased a new position in shares of Procter & Gamble during the 4th quarter valued at $26,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

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.