Procter & Gamble Company (The) $PG Position Trimmed by Means Investment CO. Inc.

Means Investment CO. Inc. lowered its stake in Procter & Gamble Company (The) (NYSE:PG) by 14.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 22,363 shares of the company’s stock after selling 3,850 shares during the period. Means Investment CO. Inc.’s holdings in Procter & Gamble were worth $3,249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Johnson & White Wealth Management LLC lifted its stake in Procter & Gamble by 6.2% during the third quarter. Johnson & White Wealth Management LLC now owns 7,715 shares of the company’s stock valued at $1,121,000 after buying an additional 451 shares in the last quarter. M Holdings Securities Inc. purchased a new position in shares of Procter & Gamble in the third quarter worth approximately $19,564,000. Avantax Planning Partners Inc. increased its position in shares of Procter & Gamble by 3.6% in the third quarter. Avantax Planning Partners Inc. now owns 55,457 shares of the company’s stock worth $8,057,000 after acquiring an additional 1,932 shares in the last quarter. Brighton Jones LLC raised its holdings in shares of Procter & Gamble by 31.3% during the third quarter. Brighton Jones LLC now owns 71,345 shares of the company’s stock valued at $10,365,000 after acquiring an additional 17,020 shares during the period. Finally, American State Bank Iowa raised its holdings in shares of Procter & Gamble by 4.9% during the third quarter. American State Bank Iowa now owns 13,197 shares of the company’s stock valued at $1,917,000 after acquiring an additional 618 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

More Procter & Gamble News

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

• Positive Sentiment: P&G has raised its dividend for 70 consecutive years. Its quarterly payout is about $1.09 per share, equivalent to a roughly 2.6% yield, supporting the stock’s appeal to income-focused investors. Article: P&G dividend history and yield
• Positive Sentiment: Recent coverage points to investor interest in consumer-staples stocks as technology shares weaken. P&G may benefit from its defensive profile and dividend reputation. Article: Consumer staples rotation
• Neutral Sentiment: Zacks Research made mixed earnings-estimate changes: it lowered several forecasts for 2027 and 2028, while modestly raising some later-period estimates. The mixed revisions offer no clear overall change in the longer-term outlook. Procter & Gamble analyst estimates
• Neutral Sentiment: Management will discuss strategy and P&G’s long-term transformation at an Investor Day webcast on November 19; investors may look for updates on growth and execution. Article: P&G Investor Day webcast
• Negative Sentiment: CFO Andre Schulten sold 33,624 shares for about $5.55 million, reducing his direct stake by roughly 34%. The sale may concern investors, although insider transactions alone do not establish a change in the company’s prospects. Article: CFO share sale

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Paul Gama sold 2,894 shares of the business’s stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $165.00, for a total value of $477,510.00. Following the transaction, the chief executive officer owned 43,899 shares in the company, valued at $7,243,335. The trade was a 6.18% 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. Also, CAO Matthew W. Janzaruk sold 9,479 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total value of $1,545,077.00. Following the completion of the transaction, the chief accounting officer directly owned 1,271 shares in the company, valued at approximately $207,173. The trade was a 88.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 161,709 shares of company stock valued at $26,244,058 in the last quarter. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

PG has been the subject of a number of recent analyst reports. Morgan Stanley raised their price objective on shares of Procter & Gamble from $166.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 23rd. DZ Bank downgraded shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 27th. BNP Paribas Exane boosted their target price on shares of Procter & Gamble from $177.00 to $189.00 and gave the company an “outperform” rating in a research note on Friday, October 23rd. Royal Bank Of Canada set a $169.00 target price on Procter & Gamble in a report on Friday, October 23rd. Finally, TD Cowen raised their target price on Procter & Gamble from $150.00 to $166.00 and gave the stock a “hold” rating in a research report on Friday, October 23rd. Fifteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $170.57.

Procter & Gamble Stock Performance

Shares of PG opened at $165.31 on Monday. The company’s 50 day moving average price is $152.01 and its 200 day moving average price is $149.43. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.52. The company has a market capitalization of $383.15 billion, a PE ratio of 24.90, a PEG ratio of 4.07 and a beta of 0.36. 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 released its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The firm had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same quarter in the prior year, the business earned $1.99 EPS. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. Research analysts expect that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be paid 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 dividend payout ratio is 65.51%.

Procter & Gamble Company Profile