Bokf Na Cuts Position in Procter & Gamble Company (The) $PG

Bokf Na decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 5.5% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 284,680 shares of the company’s stock after selling 16,681 shares during the period. Procter & Gamble accounts for 0.7% of Bokf Na’s portfolio, making the stock its 29th largest position. Bokf Na’s holdings in Procter & Gamble were worth $43,741,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. SevenBridge Financial Group LLC boosted its position in shares of Procter & Gamble by 6.0% in the 3rd quarter. SevenBridge Financial Group LLC now owns 36,730 shares of the company’s stock worth $5,436,000 after purchasing an additional 2,066 shares in the last quarter. White Lighthouse Investment Management Inc. increased its position in Procter & Gamble by 4.0% during the 3rd quarter. White Lighthouse Investment Management Inc. now owns 5,276 shares of the company’s stock valued at $811,000 after buying an additional 201 shares in the last quarter. Roberts Capital Advisors LLC purchased a new position in Procter & Gamble during the third quarter valued at $908,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Procter & Gamble by 291.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 461,570 shares of the company’s stock worth $70,920,000 after acquiring an additional 343,572 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of Procter & Gamble in the third quarter worth $2,572,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

PG has been the subject of several analyst reports. BNP Paribas Exane reduced their price target on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Wells Fargo & Company reissued an “overweight” rating and set a $177.00 price objective on shares of Procter & Gamble in a research report on Tuesday, February 17th. Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Finally, TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and increased their price target for the company from $150.00 to $156.00 in a report on Tuesday, January 27th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $168.33.

Procter & Gamble Price Performance

NYSE PG opened at $153.24 on Thursday. Procter & Gamble Company has a one year low of $137.62 and a one year high of $174.80. The stock has a 50-day moving average of $153.00 and a 200 day moving average of $151.08. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. The company has a market capitalization of $356.13 billion, a price-to-earnings ratio of 22.70, a PEG ratio of 5.21 and a beta of 0.37.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, January 23rd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. The business had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.88 EPS. On average, sell-side analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors 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 2.8%. Procter & Gamble’s dividend payout ratio is 62.67%.

Key Procter & Gamble News

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

• Positive Sentiment: New product/partnership: Gillette Venus launched a limited-edition Gillette Venus x Rifle Paper Co. shave collection sold exclusively at Target — a targeted, design-driven SKU rollout that can drive incremental retail sales and brand engagement this season. Gillette Venus and Rifle Paper Co. Debut
• Positive Sentiment: Marketing push: Old Spice refreshed its high-profile “Mom Song” campaign with licensed music and a new creative push — such marketing often supports volume recovery in male grooming categories and helps defend share. Old Spice New Campaign
• Positive Sentiment: Analyst support: Recent analyst commentary and price-target raises (Wells Fargo lifted its PT to $177) reinforce a constructive longer-term view on staples stability and cash-flow-backed dividends. This can limit downside in a market dip. InsiderMonkey on P&G growth & Wells Fargo PT
• Positive Sentiment: Product upgrades: Coverage noting upgraded Mr. Clean and Gain lines suggests P&G is quietly refreshing core SKUs, supporting its brand moat and pricing power in household care categories. Are P&G’s Upgraded Mr. Clean and Gain Lines Redefining Its Moat?
• Neutral Sentiment: Income appeal: Multiple outlets (Investing.com, The Motley Fool) continue to list P&G as a Dividend King pick for investors seeking inflation protection and reliable payouts — supportive for steady demand but not an immediate catalyst. Worried About Inflation? These 2 Dividend Stocks 2 Unstoppable Dividend King Stocks
• Neutral Sentiment: Valuation/attention: Coverage highlighting recent share-price swings and valuation metrics has brought renewed scrutiny; that can increase short-term volatility as investors re-assess multiples versus peers. A Look At Procter & Gamble Valuation
• Negative Sentiment: Near-term selling: Zacks flagged that PG fell more steeply than the broader market in the latest session — immediate driver of today’s weakness as traders reacted to market-wide risk-off and rotational flows away from defensive names. Zacks: PG Falls More Steeply

Insider Buying and Selling

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 5,549 shares of Procter & Gamble stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $165.29, for a total value of $917,194.21. Following the completion of the sale, the chief executive officer owned 1,029 shares of the company’s stock, valued at approximately $170,083.41. The trade was a 84.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gary A. Coombe sold 36,093 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the sale, the chief executive officer owned 34,994 shares of the company’s stock, valued at approximately $5,680,576.02. This represents a 50.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 348,618 shares of company stock valued at $55,462,643 in the last ninety days. Corporate insiders own 0.20% of the company’s stock.

About Procter & Gamble

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.