Procter & Gamble Company (The) $PG Stock Holdings Lifted by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 6.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 195,182 shares of the company’s stock after acquiring an additional 12,057 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Procter & Gamble were worth $28,356,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Procter & Gamble during the 2nd quarter worth $27,862,105,000. Bank of America Corp DE acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth about $3,850,628,000. Bank of New York Mellon Corp acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth about $2,281,505,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Procter & Gamble in the 2nd quarter valued at about $1,480,650,000. Finally, Corient Private Wealth LP purchased a new stake in Procter & Gamble in the 2nd quarter valued at about $335,908,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble News Summary

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

• Positive Sentiment: Freedom Broker upgraded PG’s depositary receipt from “Hold” to “Buy,” adding to a generally favorable analyst view. Recent commentary also points to P&G’s strong market shares in household and personal-care products and its appeal as a high-yield defensive investment. Freedom Broker upgrade P&G dividend comparison
• Positive Sentiment: PG remains prominent among “Dividend Kings,” with decades of annual payout increases. Its dependable demand for products such as toothpaste, detergent and diapers may continue attracting income-focused investors, particularly during uncertain economic conditions. Consumer Staples Dividend Kings
• Positive Sentiment: One market report said ETFs purchased approximately $82.8 million of PG stock on October 22, suggesting continued institutional demand. The company also recently exceeded quarterly earnings and revenue expectations, with revenue rising 4% year over year. ETF purchases of PG
• Neutral Sentiment: Commentary notes that P&G is up about 16% this year and has outperformed the S&P 500. That momentum supports sentiment, but it also raises questions about how much additional upside is already reflected in the stock’s valuation. P&G outperformance
• Negative Sentiment: Higher oil prices could increase manufacturing, packaging and transportation costs, potentially pressuring margins if P&G cannot offset them through pricing or productivity improvements. Higher oil prices and PG
• Negative Sentiment: Analysts are examining an unsettled issue beneath the stock’s recent strength, while a Habitat Care business realignment has prompted concerns about segment comparability and profit transparency. These issues could make future results harder to assess. Unsettled question under PG Habitat Care realignment
• Negative Sentiment: Several insiders sold shares, including CEO Shailesh Jejurikar’s approximately $5.7 million sale and additional executive transactions. While such sales may reflect personal financial planning, the reduced insider ownership creates a modest sentiment overhang. SEC insider filing

Analysts Set New Price Targets

A number of research analysts have commented on the stock. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $161.00 target price on shares of Procter & Gamble in a research report on Thursday, October 22nd. Freedom Broker upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a research report on Friday, October 23rd. Wells Fargo & Company boosted their price target on shares of Procter & Gamble from $164.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday. Royal Bank Of Canada set a $169.00 price target on shares of Procter & Gamble in a research note on Friday. Finally, JPMorgan Chase & Co. upped their price objective on shares of Procter & Gamble from $162.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. Fifteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average target price of $170.57.

Insider Activity at Procter & Gamble

In related news, CEO Paul Gama sold 4,331 shares of the company’s stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $161.27, for a total transaction of $698,460.37. Following the sale, the chief executive officer directly owned 46,793 shares of the company’s stock, valued at $7,546,307.11. This represents a 8.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Balaji Purushothaman sold 4,181 shares of the stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $160.71, for a total transaction of $671,928.51. Following the sale, the insider owned 11,296 shares in the company, valued at approximately $1,815,380.16. This trade represents a 27.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 58,647 shares of company stock valued at $9,268,508. 0.23% of the stock is owned by company insiders.

Procter & Gamble Stock Down 0.5%

Shares of NYSE PG opened at $159.14 on Wednesday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The stock has a fifty day simple moving average of $149.01 and a 200-day simple moving average of $148.67.

Procter & Gamble (NYSE:PG) last posted its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The firm had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same period in the previous year, the company posted $1.99 EPS. Procter & Gamble’s revenue was up 4.0% on a year-over-year basis. As a group, analysts anticipate that Procter & Gamble Company will post 6.98 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be paid a dividend of $1.0885 per share. The ex-dividend date is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a yield of 2.7%.

Procter & Gamble Profile

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.