Connor Clark & Lunn Investment Management Ltd. Acquires 343,572 Shares of Procter & Gamble Company (The) $PG

Connor Clark & Lunn Investment Management Ltd. raised its stake in Procter & Gamble Company (The) (NYSE:PG) by 291.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 461,570 shares of the company’s stock after buying an additional 343,572 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Procter & Gamble were worth $70,920,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PG. Brighton Jones LLC boosted its holdings in Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. raised its position in shares of Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after purchasing an additional 277 shares during the period. Sivia Capital Partners LLC lifted its position in Procter & Gamble by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock worth $979,000 after acquiring an additional 1,016 shares during the last quarter. Auxano Advisors LLC grew its holdings in Procter & Gamble by 10.8% in the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock valued at $1,165,000 after buying an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in Procter & Gamble by 2.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock valued at $4,809,000 after purchasing an additional 809 shares during the period. 65.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PG shares. TD Cowen downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating and upped their price target for the stock from $150.00 to $156.00 in a report on Tuesday, January 27th. BNP Paribas Exane decreased their price objective on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Rothschild & Co Redburn increased their price target on Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, January 23rd. Finally, Piper Sandler started coverage on shares of Procter & Gamble in a report on Wednesday, January 7th. They set a “neutral” rating and a $150.00 price objective for the company. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $168.33.

Procter & Gamble Trading Down 1.8%

Shares of PG opened at $153.24 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $174.80. The company has a market capitalization of $356.13 billion, a P/E ratio of 22.70, a P/E/G ratio of 5.21 and a beta of 0.37. The firm’s 50 day simple moving average is $153.00 and its 200 day simple moving average is $151.08.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, January 23rd. The company reported $1.88 EPS for the quarter, topping 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 firm had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same quarter in the prior year, the firm earned $1.88 EPS. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. Sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were given a dividend of $1.0568 per share. The ex-dividend date was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 62.67%.

Insider Activity

In related news, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the transaction, the insider directly owned 44,735 shares of the company’s stock, valued at approximately $7,259,595.80. This trade represents a 25.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Susan Street Whaley sold 1,809 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the sale, the insider directly owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. This represents a 5.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 348,618 shares of company stock valued at $55,462,643. 0.20% of the stock is owned by insiders.

More Procter & Gamble News

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

• Positive Sentiment: New product/partnership: Gillette Venus launched a limited-edition Gillette Venus x Rifle Paper Co. shave collection sold exclusively at Target — a targeted, design-driven SKU rollout that can drive incremental retail sales and brand engagement this season. Gillette Venus and Rifle Paper Co. Debut
• Positive Sentiment: Marketing push: Old Spice refreshed its high-profile “Mom Song” campaign with licensed music and a new creative push — such marketing often supports volume recovery in male grooming categories and helps defend share. Old Spice New Campaign
• Positive Sentiment: Analyst support: Recent analyst commentary and price-target raises (Wells Fargo lifted its PT to $177) reinforce a constructive longer-term view on staples stability and cash-flow-backed dividends. This can limit downside in a market dip. InsiderMonkey on P&G growth & Wells Fargo PT
• Positive Sentiment: Product upgrades: Coverage noting upgraded Mr. Clean and Gain lines suggests P&G is quietly refreshing core SKUs, supporting its brand moat and pricing power in household care categories. Are P&G’s Upgraded Mr. Clean and Gain Lines Redefining Its Moat?
• Neutral Sentiment: Income appeal: Multiple outlets (Investing.com, The Motley Fool) continue to list P&G as a Dividend King pick for investors seeking inflation protection and reliable payouts — supportive for steady demand but not an immediate catalyst. Worried About Inflation? These 2 Dividend Stocks 2 Unstoppable Dividend King Stocks
• Neutral Sentiment: Valuation/attention: Coverage highlighting recent share-price swings and valuation metrics has brought renewed scrutiny; that can increase short-term volatility as investors re-assess multiples versus peers. A Look At Procter & Gamble Valuation
• Negative Sentiment: Near-term selling: Zacks flagged that PG fell more steeply than the broader market in the latest session — immediate driver of today’s weakness as traders reacted to market-wide risk-off and rotational flows away from defensive names. Zacks: PG Falls More Steeply

Procter & Gamble 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.