China Universal Asset Management Co. Ltd. Purchases 5,233 Shares of Procter & Gamble Company (The) $PG

China Universal Asset Management Co. Ltd. boosted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 35.9% in the third quarter, HoldingsChannel reports. The fund owned 19,818 shares of the company’s stock after purchasing an additional 5,233 shares during the quarter. China Universal Asset Management Co. Ltd.’s holdings in Procter & Gamble were worth $2,939,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Ellis Investment Partners LLC lifted its holdings in shares of Procter & Gamble by 0.7% during the 3rd quarter. Ellis Investment Partners LLC now owns 8,816 shares of the company’s stock valued at $1,281,000 after purchasing an additional 64 shares during the last quarter. Clark Wealth Partners grew its stake in Procter & Gamble by 20.6% during the 3rd quarter. Clark Wealth Partners now owns 387 shares of the company’s stock worth $56,000 after buying an additional 66 shares during the last quarter. KLCM Advisors Inc. grew its stake in Procter & Gamble by 0.9% during the 1st quarter. KLCM Advisors Inc. now owns 7,890 shares of the company’s stock worth $1,140,000 after buying an additional 70 shares during the last quarter. Midwest Professional Planners LTD. increased its position in Procter & Gamble by 2.6% during the 2nd quarter. Midwest Professional Planners LTD. now owns 2,799 shares of the company’s stock valued at $410,000 after buying an additional 70 shares in the last quarter. Finally, Legacy Solutions LLC increased its position in Procter & Gamble by 3.8% during the 2nd quarter. Legacy Solutions LLC now owns 1,928 shares of the company’s stock valued at $283,000 after buying an additional 71 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Quarterly beat supports the stock: P&G reported earnings of $2.00 per share versus the $1.89 consensus estimate, while revenue of $23.28 billion exceeded expectations. Sales increased 4% year over year, helping reinforce confidence in the company’s growth outlook. What Did Procter & Gamble’s Latest Quarter Change for Its Stock?
• Positive Sentiment: Analyst upgrade adds support: Freedom Broker raised its rating on PG from “hold” to “buy,” signaling increased confidence in the company’s earnings durability and valuation potential. Freedom Broker upgrades Procter & Gamble to buy from hold
• Positive Sentiment: Revenue growth and dividend appeal remain key attractions: Organic sales rose 4%, with much of the gain coming from higher product volumes. P&G’s portfolio of leading brands and long dividend history continue to appeal to income-focused investors. Procter & Gamble is Accelerating Revenue Growth as its Costs are Rising
• Neutral Sentiment: New bond issuance highlights financing strategy: P&G tapped euro and dollar markets with fixed-rate notes, providing funding flexibility but also adding debt obligations. The issuance puts greater focus on the company’s balance sheet and already elevated valuation. Procter & Gamble Bond Sale Puts Its Pricey Valuation Narrative In Focus
• Negative Sentiment: Cost inflation and mixed ratings temper optimism: Rising commodity and operating costs could pressure margins, while DZ Bank downgraded PG from “strong-buy” to “hold.” ETF net selling also represents a modest technical headwind. How Is Procter & Gamble Handling Commodity Costs After Its Report?

Wall Street Analyst Weigh In

A number of research firms have commented on PG. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Procter & Gamble in a research note on Friday, October 23rd. Argus lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Friday, August 7th. Morgan Stanley upped their price objective on shares of Procter & Gamble from $166.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 23rd. Piper Sandler increased their price objective on shares of Procter & Gamble from $145.00 to $167.00 and gave the company a “neutral” rating in a research report on Monday. Finally, 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. Fifteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $170.57.

Procter & Gamble Price Performance

Shares of PG opened at $160.48 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.53. The company’s fifty day moving average price is $149.62 and its 200-day moving average price is $148.85. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $167.25. The firm has a market capitalization of $371.95 billion, a PE ratio of 22.94, a price-to-earnings-growth ratio of 3.89 and a beta of 0.39.

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

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be issued 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 2.7%. Procter & Gamble’s dividend payout ratio is currently 65.51%.

Insiders Place Their Bets

In other news, insider Marc Pritchard sold 4,030 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $143.79, for a total value of $579,473.70. Following the completion of the transaction, the insider directly owned 187,001 shares in the company, valued at $26,888,873.79. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Andre Schulten sold 3,914 shares of Procter & Gamble stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $145.34, for a total value of $568,860.76. Following the sale, the chief financial officer directly owned 65,618 shares of the company’s stock, valued at $9,536,920.12. This trade represents a 5.63% 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. In the last ninety days, insiders sold 58,647 shares of company stock valued at $9,268,508. Insiders own 0.23% of the company’s stock.

About Procter & Gamble

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.