Procter & Gamble Company (The) $PG Stock Position Lessened by ProShare Advisors LLC

ProShare Advisors LLC lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 1.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,568,922 shares of the company’s stock after selling 30,624 shares during the quarter. ProShare Advisors LLC owned about 0.07% of Procter & Gamble worth $227,933,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in PG. Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Procter & Gamble during the 2nd quarter worth approximately $26,000. Montgomery Financial Services LLC bought a new stake in Procter & Gamble during the 2nd quarter worth approximately $28,000. Paladin Partners LLC acquired a new stake in shares of Procter & Gamble in the second quarter valued at about $29,000. Evergreen Advisors LLC bought a new stake in Procter & Gamble in the first quarter worth approximately $37,000. Finally, Toews Corp ADV bought a new position in shares of Procter & Gamble during the 2nd quarter worth about $37,000. Institutional investors own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PG. Piper Sandler raised their price objective on shares of Procter & Gamble from $145.00 to $167.00 and gave the stock a “neutral” rating in a report on Monday, October 26th. Citigroup lifted their target price on shares of Procter & Gamble from $180.00 to $187.00 and gave the stock a “buy” rating in a research note on Friday, October 23rd. TD Cowen boosted their target price on shares of Procter & Gamble from $150.00 to $166.00 and gave the company a “hold” rating in a report on Friday, October 23rd. Bank of America dropped their target price on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Procter & Gamble in a report on Friday, October 23rd. Fifteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $170.57.

Key Stories Impacting Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Analyst upgrade: Freedom Broker upgraded PG from “hold” to “buy,” providing a positive signal for the stock and reflecting greater confidence in the company’s outlook. Freedom Broker upgrades Procter & Gamble to buy from hold
• Positive Sentiment: Dividend appeal remains strong: Articles highlighted PG as a long-standing dividend leader, supporting its appeal to income-focused and defensive investors. The company’s record of dividend increases may help underpin demand for the shares, particularly when investors favor stable consumer-staples businesses. Dividend Kings article Trusted dividend stocks article
• Neutral Sentiment: Bond issuance adds balance-sheet context: PG’s euro- and dollar-denominated bond sale provides liquidity and funding flexibility, but it also draws attention to leverage, interest costs, and the company’s relatively elevated valuation. Procter & Gamble bond sale
• Neutral Sentiment: Growth story under review: Commentary on PG points to accelerating revenue growth, while also noting that higher operating costs could pressure margins and earnings. Investors are weighing improved sales momentum against cost inflation. Procter & Gamble revenue growth and costs What changed in Procter & Gamble’s story
• Negative Sentiment: Mixed rating signals and valuation risk: DZ Bank downgraded PG from “strong-buy” to “hold.” With shares trading at a premium valuation, a more cautious analyst stance could weigh on upside unless earnings growth accelerates. DZ Bank rating change
• Negative Sentiment: Advertising challenge produced only a limited win: Following PG’s challenge, the National Advertising Division supported Carpe’s $19.95 reference price but recommended changes or removal of other savings, free-shipping, comparative-performance, and “first” 100-hour protection claims. The outcome may modestly strengthen competitive advertising standards, but it does not represent a material financial catalyst for PG. National Advertising Division decision involving Carpe

Procter & Gamble Stock Performance

NYSE:PG opened at $161.42 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.53 and a current ratio of 0.72. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The business has a 50 day moving average price of $149.99 and a 200-day moving average price of $148.94. The firm has a market cap of $374.14 billion, a PE ratio of 24.31, a price-to-earnings-growth ratio of 3.97 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The company had revenue of $23.28 billion during the quarter, compared to analyst estimates of $22.80 billion. During the same period in the previous year, the business earned $1.99 EPS. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. Equities research analysts predict that Procter & Gamble Company will post 6.99 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s dividend payout ratio is 65.51%.

Insider Buying and Selling at Procter & Gamble

In other news, CFO Andre Schulten sold 3,914 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $145.34, for a total value of $568,860.76. Following the transaction, the chief financial officer owned 65,618 shares of the company’s stock, valued at $9,536,920.12. This represents a 5.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Marc Pritchard sold 4,030 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total transaction of $579,473.70. Following the completion of the transaction, the insider directly owned 187,001 shares of the company’s stock, valued at approximately $26,888,873.79. The trade was a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 58,647 shares of company stock worth $9,268,508. Corporate insiders own 0.23% of the company’s stock.

Procter & Gamble Company Profile

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.