Kentucky Retirement Systems Insurance Trust Fund Sells 4,450 Shares of Procter & Gamble Company (The) $PG

Kentucky Retirement Systems Insurance Trust Fund cut its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 6.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,195 shares of the company’s stock after selling 4,450 shares during the quarter. Procter & Gamble accounts for about 0.7% of Kentucky Retirement Systems Insurance Trust Fund’s portfolio, making the stock its 19th largest position. Kentucky Retirement Systems Insurance Trust Fund’s holdings in Procter & Gamble were worth $10,228,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nova Wealth Management Inc. bought a new stake in shares of Procter & Gamble during the first quarter worth $26,000. Signature Resources Capital Management LLC grew its position in Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares during the last quarter. Quarry LP acquired a new position in Procter & Gamble in the 1st quarter worth about $33,000. Mid American Wealth Advisory Group Inc. bought a new position in Procter & Gamble in the second quarter valued at about $34,000. Finally, RMG Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the second quarter valued at about $37,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Trading Up 1.4%

PG opened at $142.77 on Friday. Procter & Gamble Company has a twelve month low of $138.14 and a twelve month high of $179.99. The company has a fifty day moving average of $147.84 and a 200-day moving average of $154.25. The stock has a market cap of $333.61 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 4.80 and a beta of 0.39. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter in the prior year, the firm posted $1.93 earnings per share. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, sell-side analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s payout ratio is presently 61.75%.

Analyst Ratings Changes

PG has been the subject of several recent research reports. UBS Group lowered their price objective on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. JPMorgan Chase & Co. upped their price target on shares of Procter & Gamble from $163.00 to $165.00 and gave the company a “neutral” rating in a research report on Monday, October 27th. Raymond James Financial cut their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research note on Monday, December 8th. Finally, Barclays lowered their target price on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a research report on Monday, December 8th. Twelve analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and a consensus target price of $171.40.

Insider Transactions at Procter & Gamble

In related news, CEO Jennifer L. Davis sold 3,227 shares of the stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $491,246.21. Following the transaction, the chief executive officer directly owned 61,764 shares of the company’s stock, valued at $9,402,333.72. This represents a 4.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jon R. Moeller sold 11,684 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the completion of the sale, the chief executive officer owned 319,932 shares of the company’s stock, valued at $48,703,248.36. The trade was a 3.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 30,308 shares of company stock valued at $4,611,852. 0.20% of the stock is owned by insiders.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.