Howland Capital Management LLC cut its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 9.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,473 shares of the company’s stock after selling 12,074 shares during the quarter. Howland Capital Management LLC’s holdings in Procter & Gamble were worth $16,485,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Mowery & Schoenfeld Wealth Management LLC bought a new position in Procter & Gamble during the 2nd quarter worth $26,000. Montgomery Financial Services LLC acquired a new stake in Procter & Gamble in the second quarter worth $28,000. Paladin Partners LLC bought a new stake in Procter & Gamble in the second quarter valued at $29,000. Toews Corp ADV bought a new stake in Procter & Gamble in the second quarter valued at $37,000. Finally, Evergreen Advisors LLC acquired a new position in shares of Procter & Gamble during the first quarter valued at $37,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Procter & Gamble
In related news, CFO Andre Schulten sold 3,914 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 65,618 shares in the company, valued at approximately $9,536,920.12. The trade was a 5.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $145.24, for a total value of $52,141.16. Following the transaction, the chief accounting officer owned 1,271 shares in the company, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,135 shares of company stock worth $2,189,970 in the last 90 days. Insiders own 0.23% of the company’s stock.
Procter & Gamble Stock Performance
Shares of NYSE PG opened at $165.94 on Friday. The stock’s fifty day simple moving average is $148.08 and its 200 day simple moving average is $146.99. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $385.41 billion, a price-to-earnings ratio of 22.76, a PEG ratio of 3.90 and a beta of 0.39. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25.
Procter & Gamble (NYSE:PG – Get Free Report) last released its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%. The company had revenue of $23.28 billion during the quarter, compared to analyst estimates of $22.80 billion. During the same quarter in the prior year, the company earned $1.99 earnings per share. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.
Procter & Gamble Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.6%. Procter & Gamble’s payout ratio is currently 65.71%.
Wall Street Analyst Weigh In
Several research analysts have commented on PG shares. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, September 21st. Evercore raised Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target on the stock in a report on Tuesday, October 6th. UBS Group reiterated a “buy” rating on shares of Procter & Gamble in a research report on Friday, October 16th. Royal Bank Of Canada reissued an “outperform” rating and issued a $166.00 price objective on shares of Procter & Gamble in a report on Tuesday. Finally, JPMorgan Chase & Co. reduced their price target on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Fourteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average price target of $162.50.
Check Out Our Latest Stock Analysis on PG
Key Stories Impacting Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Fiscal Q1 earnings per share came in at $2.00, above the roughly $1.89 analyst consensus, while revenue rose 4% year over year to $23.28 billion, exceeding expectations of approximately $22.80 billion. Procter & Gamble earnings beat as sales rise 4%
- Positive Sentiment: Organic sales increased 4%, supported by volume growth, favorable product mix and productivity savings. Laundry and home-care products were highlighted as key contributors. P&G Q1 Earnings Beat on Volume Growth & Favorable Mix
- Positive Sentiment: P&G raised its fiscal 2027 all-in sales-growth outlook, primarily reflecting the acquisition of Thorne. Management also reiterated its broader full-year revenue forecast, reducing concern that consumer weakness would derail the business. Procter & Gamble Boosts FY27 All-in-sales Growth Outlook
- Positive Sentiment: Investors appeared to favor P&G’s defensive characteristics as broader markets weakened, while increased call-option activity reflected stronger near-term trading interest. P&G Jumps as Earnings Beat Draws Defensive Buyers
- Neutral Sentiment: Management said changing demographics may support premium baby-care demand: fewer children per household can lead parents to spend more on each child, benefiting products such as Pampers. Americans are having fewer babies and pampering them with luxury diapers
- Negative Sentiment: Higher commodity and fuel costs are expected to create an approximately $1.4 billion annual profit headwind, which could pressure margins even as sales remain healthy. P&G flags bigger hit to annual profit from higher commodity costs
Procter & Gamble 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.
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