Procter & Gamble Company (The) $PG Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund lowered its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 2.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,870,807 shares of the company’s stock after selling 67,771 shares during the period. Procter & Gamble comprises 0.6% of New York State Common Retirement Fund’s portfolio, making the stock its 24th largest holding. New York State Common Retirement Fund owned approximately 0.12% of Procter & Gamble worth $441,099,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. MOKAN Wealth Management Inc. boosted its holdings in Procter & Gamble by 13.7% in the second quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock valued at $2,442,000 after acquiring an additional 1,846 shares during the last quarter. Czech National Bank raised its stake in shares of Procter & Gamble by 3.8% in the 3rd quarter. Czech National Bank now owns 594,914 shares of the company’s stock valued at $91,409,000 after purchasing an additional 21,825 shares in the last quarter. Vega Investment Solutions lifted its position in shares of Procter & Gamble by 1.3% during the second quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock worth $101,710,000 after purchasing an additional 8,500 shares during the last quarter. Westerkirk Capital Inc. acquired a new position in Procter & Gamble in the second quarter worth about $4,796,000. Finally, Caliber Wealth Management LLC KS increased its holdings in Procter & Gamble by 36.2% in the second quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock valued at $2,836,000 after buying an additional 4,730 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

NYSE PG opened at $147.45 on Thursday. The company’s fifty day moving average is $144.84 and its two-hundred day moving average is $150.35. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $179.99. 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 firm has a market capitalization of $342.68 billion, a price-to-earnings ratio of 21.84, a P/E/G ratio of 4.93 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. During the same period in the previous year, the business posted $1.88 earnings per share. Procter & Gamble’s quarterly revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts forecast 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 will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be given a dividend of $1.0568 per share. The ex-dividend date is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is presently 62.67%.

Insiders Place Their Bets

In related news, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the transaction, the insider owned 182,607 shares of the company’s stock, valued at $27,601,048.05. This trade represents a 34.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. TD Cowen cut Procter & Gamble from a “buy” rating to a “hold” rating and increased their price target for the stock from $150.00 to $156.00 in a research report on Tuesday. Barclays set a $155.00 target price on Procter & Gamble in a research note on Friday, January 16th. Piper Sandler started coverage on Procter & Gamble in a research note on Wednesday, January 7th. They set a “neutral” rating and a $150.00 price objective for the company. Morgan Stanley set a $175.00 price objective on Procter & Gamble in a report on Monday, October 27th. Finally, UBS Group raised their target price on shares of Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Thirteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $167.00.

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.