Procter & Gamble (NYSE:PG) Chairman Jon Moeller Sells 11,036 Shares

Procter & Gamble Company (The) (NYSE:PG) Chairman Jon Moeller sold 11,036 shares of the company’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $160.00, for a total value of $1,765,760.00. Following the completion of the transaction, the chairman directly owned 319,385 shares in the company, valued at approximately $51,101,600. This trade represents a 3.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Procter & Gamble Trading Up 0.8%

NYSE PG opened at $161.27 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. The stock has a market capitalization of $374.79 billion, a P/E ratio of 23.89, a PEG ratio of 5.32 and a beta of 0.38. The firm’s 50-day moving average is $146.80 and its two-hundred day moving average is $150.44. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $179.99.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. During the same period last year, the business earned $1.88 earnings per share. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, January 23rd. Procter & Gamble’s dividend payout ratio is 62.67%.

Institutional Trading of Procter & Gamble

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Procter & Gamble by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after purchasing an additional 2,829,151 shares during the last quarter. State Street Corp grew its stake in shares of Procter & Gamble by 0.4% during the third quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after purchasing an additional 370,872 shares in the last quarter. Geode Capital Management LLC increased its holdings in Procter & Gamble by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock valued at $8,962,689,000 after buying an additional 1,974,556 shares during the last quarter. Norges Bank acquired a new stake in Procter & Gamble in the fourth quarter valued at $4,664,783,000. Finally, Franklin Resources Inc. lifted its holdings in Procter & Gamble by 4.5% during the 4th quarter. Franklin Resources Inc. now owns 23,872,178 shares of the company’s stock worth $3,421,122,000 after buying an additional 1,021,833 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on PG. Morgan Stanley set a $175.00 target price on Procter & Gamble in a research note 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 research note on Monday, October 20th. UBS Group increased their price target on shares of Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and lifted their price objective for the company from $150.00 to $156.00 in a report on Tuesday, January 27th. Finally, Jefferies Financial Group upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and increased their target price for the stock from $156.00 to $179.00 in a report on Tuesday, December 16th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $167.67.

Procter & Gamble Company Profile

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.