Procter & Gamble Company (The) $PG Shares Sold by M&G PLC

M&G PLC cut its stake in Procter & Gamble Company (The) (NYSE:PGFree Report) by 83.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,105 shares of the company’s stock after selling 41,157 shares during the period. M&G PLC’s holdings in Procter & Gamble were worth $1,248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in shares of Procter & Gamble by 0.6% in the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock worth $36,050,992,000 after buying an additional 1,419,322 shares during the last quarter. Texas Yale Capital Corp. increased its position in shares of Procter & Gamble by 1.3% in the 3rd quarter. Texas Yale Capital Corp. now owns 60,521 shares of the company’s stock valued at $9,299,000 after acquiring an additional 783 shares during the period. Providence Financial Advisors LLC purchased a new position in Procter & Gamble in the 3rd quarter worth $930,000. MRA Advisory Group lifted its position in Procter & Gamble by 5.4% during the 3rd quarter. MRA Advisory Group now owns 2,254 shares of the company’s stock worth $346,000 after acquiring an additional 115 shares during the period. Finally, Bell & Brown Wealth Advisors LLC grew its stake in Procter & Gamble by 0.9% during the 3rd quarter. Bell & Brown Wealth Advisors LLC now owns 18,231 shares of the company’s stock valued at $2,801,000 after purchasing an additional 164 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In related news, insider Marc S. Pritchard sold 95,903 shares of the company’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the completion of the transaction, the insider owned 182,607 shares in the company, valued at $27,601,048.05. This represents a 34.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Jon R. Moeller sold 162,232 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the completion of the transaction, the chairman directly owned 319,385 shares in the company, valued at $51,884,093.25. This represents a 33.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 341,260 shares of company stock valued at $54,256,985. Insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $159.40 on Wednesday. The firm has a market cap of $370.45 billion, a PE ratio of 23.61, a P/E/G ratio of 5.32 and a beta of 0.38. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $179.99. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. The business has a 50-day moving average price of $147.97 and a 200 day moving average price of $150.53.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. The company had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.Procter & Gamble’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the company earned $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were given a dividend of $1.0568 per share. The ex-dividend date was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble’s dividend payout ratio is currently 62.67%.

Key Stories Impacting Procter & Gamble

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PG. Deutsche Bank Aktiengesellschaft reduced their price objective on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Wells Fargo & Company reissued an “overweight” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Tuesday. BNP Paribas Exane dropped their price objective on shares of 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 raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research report on Monday, October 27th. Thirteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $168.33.

Check Out Our Latest Report on PG

Procter & Gamble Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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