Rep. Kevin Hern Sells Procter & Gamble Company (The) (NYSE:PG) Shares

Key Points

• Rep. Kevin Hern sold Procter & Gamble shares worth between $1,001 and $15,000 on August 5 from the Hern Family Foundation account. He also reported multiple other stock sales in August, including a larger PG sale valued between $50,001 and $100,000.
• Procter & Gamble reported quarterly EPS of $1.43, slightly above analyst expectations, while revenue reached $21.20 billion and rose 1.5% year over year. The company maintains a quarterly dividend of $1.0885, equivalent to a 2.9% annualized yield.
• Analyst sentiment remains a Moderate Buy, with 13 Buy ratings and 11 Holds and an average price target of $161.19. However, several firms recently reduced their price targets or downgraded the stock, while insiders sold 6,627 shares worth approximately $953,417 over the past quarter.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Procter & Gamble Company The) (NYSE: PG. In a filing disclosed on September 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in Procter & Gamble stock on August 5th. The trade occurred in the Representative's "HERN FAMILY FOUNDATION" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marsh & McLennan Companies NYSE: MRSH on 8/24/2026.
• Sold $15,001 - $50,000 in shares of Medtronic NYSE: MDT on 8/24/2026.
• Sold $50,001 - $100,000 in shares of Home Depot NYSE: HD on 8/24/2026.
• Sold $50,001 - $100,000 in shares of Procter & Gamble NYSE: PG on 8/24/2026.
• Sold $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 8/24/2026.
• Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 8/21/2026.
• Sold $1,001 - $15,000 in shares of Veralto NYSE: VLTO on 8/21/2026.
• Sold $15,001 - $50,000 in shares of Honeywell Aerospace NASDAQ: HONA on 8/19/2026.
• Sold $1,001 - $15,000 in shares of Colgate-Palmolive NYSE: CL on 8/19/2026.
• Sold $1,001 - $15,000 in shares of Biogen NASDAQ: BIIB on 8/18/2026.

Procter & Gamble Price Performance

Shares of PG opened at $147.69 on Thursday. The firm has a market capitalization of $343.02 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 3.63 and a beta of 0.39. The firm's fifty day simple moving average is $146.87 and its 200-day simple moving average is $147.92. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The firm had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter in the previous year, the firm posted $1.48 earnings per share. The company's revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Equities analysts forecast that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, July 24th. Procter & Gamble's dividend payout ratio (DPR) is presently 65.71%.

Insider Transactions at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 359 shares of the firm's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $145.24, for a total transaction of $52,141.16. Following the transaction, the chief accounting officer owned 1,271 shares of the company's stock, valued at $184,600.04. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Susan Street Whaley sold 2,238 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $321,802.02. Following the sale, the insider directly owned 26,989 shares of the company's stock, valued at approximately $3,880,748.31. This represents a 7.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 6,627 shares of company stock worth $953,417. Company insiders own 0.20% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Argus cut Procter & Gamble from a "buy" rating to a "hold" rating in a research report on Friday, August 7th. Citigroup lowered their price target on Procter & Gamble from $181.00 to $170.00 and set a "buy" rating for the company in a report on Thursday, July 30th. Jefferies Financial Group increased their price target on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a "buy" rating in a research note on Friday, June 26th. 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. Finally, Barclays upped their target price on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an "equal weight" rating in a report on Tuesday, July 21st. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and an average target price of $161.19.

Institutional Investors Weigh In On Procter & Gamble

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company's stock valued at $25,000 after acquiring an additional 150 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Procter & Gamble during the 2nd quarter worth $26,000. Litman Gregory Wealth Management LLC acquired a new position in Procter & Gamble in the fourth quarter valued at $26,000. Park Square Financial Group LLC increased its stake in Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company's stock valued at $26,000 after purchasing an additional 71 shares during the period. Finally, Evolution Wealth Management Inc. raised its holdings in shares of Procter & Gamble by 1,315.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company's stock valued at $26,000 after buying an additional 171 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source