Wesbanco Bank Inc. Reduces Stock Position in Procter & Gamble Company (The) $PG

Wesbanco Bank Inc. lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 4.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 256,615 shares of the company’s stock after selling 12,921 shares during the quarter. Procter & Gamble makes up approximately 1.0% of Wesbanco Bank Inc.’s holdings, making the stock its 15th largest position. Wesbanco Bank Inc.’s holdings in Procter & Gamble were worth $36,776,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Maseco LLP purchased a new position in Procter & Gamble in the fourth quarter valued at $28,000. Saranac Partners Ltd acquired a new position in Procter & Gamble in the third quarter valued at $30,000. Corundum Trust Company INC acquired a new position in Procter & Gamble in the third quarter valued at $32,000. Caitlin John LLC acquired a new position in Procter & Gamble in the third quarter valued at $34,000. Finally, Anfield Capital Management LLC boosted its stake in Procter & Gamble by 121.5% in the fourth quarter. Anfield Capital Management LLC now owns 237 shares of the company’s stock valued at $34,000 after acquiring an additional 130 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In related news, insider Susan Street Whaley sold 1,809 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the sale, the insider owned 30,215 shares in the company, valued at $4,818,083.90. This trade represents a 5.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Chairman Jon R. Moeller sold 162,232 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the completion of the transaction, the chairman directly owned 319,385 shares of the company’s stock, valued at approximately $51,884,093.25. This trade represents a 33.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 244,715 shares of company stock valued at $39,702,904 over the last 90 days. Insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $146.44 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The company has a market cap of $341.00 billion, a P/E ratio of 21.41, a PEG ratio of 6.26 and a beta of 0.41. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.99. The company has a 50-day moving average price of $148.41 and a 200 day moving average price of $148.55.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The firm had revenue of $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be given a $1.0885 dividend. The ex-dividend date is Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s payout ratio is 63.60%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on PG shares. JPMorgan Chase & Co. decreased their price objective on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Barclays decreased their price objective on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. Erste Group Bank downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Wells Fargo & Company upped their price objective on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. Finally, Jefferies Financial Group decreased their price objective on shares of Procter & Gamble from $179.00 to $175.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $161.06.

Procter & Gamble News Roundup

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

• Positive Sentiment: Motley Fool highlighted Procter & Gamble as one of the best consumer staples stocks to buy and hold for decades, citing its deeply embedded household brands and dependable demand. The 2 Best Consumer Staples Stocks to Buy and Hold for Decades
• Neutral Sentiment: Jim Cramer discussed Procter & Gamble alongside Amazon, and the coverage noted that UBS recently raised its view, which may be helping sentiment around the name. Jim Cramer Shares Key Insight About Procter & Gamble (PG) And Amazon
• Negative Sentiment: Zacks Research and Erste Group both trimmed multiple forward earnings estimates for Procter & Gamble, including FY2026, FY2027 and several quarterly forecasts. Lower earnings expectations can pressure valuation and weigh on the stock. Procter & Gamble analyst estimate updates
• Neutral Sentiment: Amazon’s new logistics service named Procter & Gamble as an early user, which is more of an operational note than a direct catalyst for PG shares. Amazon Opens Logistics Network To Clients What It Means For Investors

About Procter & Gamble

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.