4,245 Procter & Gamble Company (The) $PG Shares Purchased by Parcion Private Wealth LLC

Parcion Private Wealth LLC lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 7.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,190 shares of the company’s stock after purchasing an additional 4,245 shares during the period. Parcion Private Wealth LLC’s holdings in Procter & Gamble were worth $8,454,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. BlackRock Inc. bought a new position in Procter & Gamble during the 2nd quarter valued at approximately $27,862,105,000. State Street Corp lifted its holdings in Procter & Gamble by 1.0% in the 2nd quarter. State Street Corp now owns 102,216,308 shares of the company’s stock worth $14,988,999,000 after buying an additional 965,461 shares during the period. Bank of America Corp DE bought a new stake in shares of Procter & Gamble in the 2nd quarter worth approximately $3,850,628,000. Bank of New York Mellon Corp bought a new stake in shares of Procter & Gamble in the 2nd quarter worth approximately $2,281,505,000. Finally, Dimensional Fund Advisors LP grew its position in shares of Procter & Gamble by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,797,916 shares of the company’s stock worth $1,704,182,000 after buying an additional 300,280 shares during the last quarter. 65.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PG has been the topic of several research analyst reports. Barclays boosted their target price on Procter & Gamble from $152.00 to $165.00 and gave the company an “equal weight” rating in a research note on Monday. Evercore raised Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target for the company in a research note on Tuesday, October 6th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $149.00 price target on shares of Procter & Gamble in a report on Monday, August 24th. BNP Paribas Exane boosted their price objective on shares of Procter & Gamble from $177.00 to $189.00 and gave the company an “outperform” rating in a research report on Friday, October 23rd. Finally, TD Cowen boosted their price objective on shares of Procter & Gamble from $150.00 to $166.00 and gave the company a “hold” rating in a research report on Friday, October 23rd. Fifteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $170.57.

Procter & Gamble Price Performance

PG stock opened at $161.42 on Friday. The firm has a 50 day moving average price of $149.99 and a 200-day moving average price of $148.94. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The firm has a market capitalization of $374.14 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 3.95 and a beta of 0.39. 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 (NYSE:PG) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The firm had revenue of $23.28 billion for the quarter, compared to analysts’ expectations of $22.80 billion. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.99 EPS. Equities research analysts forecast that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

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

Insiders Place Their Bets

In other Procter & Gamble news, insider Balaji Purushothaman sold 4,181 shares of the business’s stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $160.71, for a total value of $671,928.51. Following the sale, the insider directly owned 11,296 shares of the company’s stock, valued at approximately $1,815,380.16. The trade was a 27.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Paul Gama sold 4,331 shares of the stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $161.27, for a total value of $698,460.37. Following the completion of the sale, the chief executive officer directly owned 46,793 shares in the company, valued at approximately $7,546,307.11. This represents a 8.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 58,647 shares of company stock valued at $9,268,508. Company insiders own 0.23% of the company’s stock.

Trending Headlines about 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

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.