Procter & Gamble (NYSE:PG) Insider Marc Pritchard Sells 4,030 Shares

Procter & Gamble Company (The) (NYSE:PG) insider Marc Pritchard sold 4,030 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $579,473.70. Following the transaction, the insider owned 187,001 shares in the company, valued at approximately $26,888,873.79. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $146.61 on Tuesday. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a 50-day moving average price of $147.66 and a 200 day moving average price of $148.60. The company has a market cap of $340.78 billion, a P/E ratio of 22.15, a PEG ratio of 4.46 and a beta of 0.39. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43.

Procter & Gamble (NYSE:PG) last released its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.02. The company had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Research analysts predict that Procter & Gamble Company will post 6.98 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were given a $1.0885 dividend. The ex-dividend date was Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 65.71%.

Institutional Investors Weigh In On Procter & Gamble

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

Wall Street Analysts Forecast Growth

PG has been the topic of a number of recent analyst reports. UBS Group upped their price target on shares of Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. HSBC reissued a “hold” rating and set a $149.00 price objective (down from $182.00) on shares of Procter & Gamble in a report on Thursday, July 30th. BMO Capital Markets upped their target price on shares of Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. Wells Fargo & Company lifted their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Procter & Gamble in a report on Wednesday, August 19th. Thirteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $161.19.

More Procter & Gamble News

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

• Positive Sentiment: Brokerages assigned PG an average “Moderate Buy” recommendation, suggesting analysts generally view the stock as attractive despite its premium valuation. Procter & Gamble Given Average Recommendation of Moderate Buy
• Positive Sentiment: Investor attention is returning to Procter & Gamble’s dividend strength. Its portfolio of established household brands and income-oriented profile may appeal to investors seeking stability amid a market that has favored speculation over patience. Procter Gamble Dividend Strength Returns To Focus
• Positive Sentiment: A separate commentary highlights PG’s importance within the S&P 500, reinforcing its reputation as a large, defensive consumer-staples holding that can provide portfolio stability. How Procter Gamble Is Shaping Its S&P 500 Profile
• Positive Sentiment: PG was included among dividend stocks described as long-term “buy and hold” candidates, adding to the bullish income-investor narrative. Dividend Stocks to Buy Before August Ends
• Neutral Sentiment: Two insiders sold shares to cover tax withholding tied to equity-award vesting. Because these were not described as discretionary investment sales, they are unlikely to materially change the fundamental outlook.
• Negative Sentiment: Chief Accounting Officer Matthew W. Janzaruk sold 359 shares, reducing his holdings by about 22%. Although relatively small in dollar terms, discretionary insider selling can create modest sentiment pressure.
• Negative Sentiment: PG’s latest results showed only 1.5% year-over-year revenue growth and revenue below consensus, while earnings declined year over year. With a P/E near 22 and a high PEG ratio, investors may question whether the valuation fully reflects the company’s limited near-term growth.

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.