18,467 Shares in Procter & Gamble Company (The) $PG Bought by Third View Private Wealth LLC

Key Points

• Third View Private Wealth LLC established a new position in Procter & Gamble in Q4, buying 18,467 shares worth about $2.65 million according to its latest 13F filing.
• Company insiders have been active sellers recently — including CEO Gary A. Coombe — with insiders offloading a total of 348,618 shares valued at roughly $55.46 million over the last three months (insiders now own 0.20% of the stock).
• Procter & Gamble posted EPS of $1.88 (beating estimates by $0.02) and revenue of $22.21 billion (up 1.5% YoY), trades with a market cap of about $333.9 billion, and carries a consensus rating of Moderate Buy with an average target of $163.89, though recent analyst price-target cuts and a Texas PFAS probe pose near-term headwinds.

Third View Private Wealth LLC purchased a new position in Procter & Gamble Company (The) (NYSE:PG - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,467 shares of the company's stock, valued at approximately $2,646,000.

A number of other institutional investors also recently bought and sold shares of PG. Assenagon Asset Management S.A. lifted its position in Procter & Gamble by 100.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company's stock worth $782,607,000 after buying an additional 2,741,924 shares during the last quarter. Amundi lifted its position in Procter & Gamble by 26.3% in the third quarter. Amundi now owns 10,682,455 shares of the company's stock worth $1,606,748,000 after buying an additional 2,222,560 shares during the last quarter. Franklin Resources Inc. lifted its position in Procter & Gamble by 8.3% in the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company's stock worth $3,510,955,000 after buying an additional 1,752,481 shares during the last quarter. Danske Bank A S bought a new stake in Procter & Gamble in the third quarter worth $252,853,000. Finally, Vanguard Group Inc. lifted its position in Procter & Gamble by 0.6% in the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company's stock worth $36,050,992,000 after buying an additional 1,419,322 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Trading Down 1.0%

PG opened at $143.66 on Tuesday. The firm has a market cap of $333.87 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 5.11 and a beta of 0.41. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $171.65. The stock has a fifty day moving average price of $152.85 and a 200-day moving average price of $149.15.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Friday, January 23rd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The company had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same quarter in the previous year, the firm earned $1.88 earnings per share. The firm's quarterly revenue was up 1.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 36,093 shares of the business's stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the sale, the chief executive officer owned 34,994 shares in the company, valued at approximately $5,680,576.02. The trade was a 50.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the business's stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $165.29, for a total value of $917,194.21. Following the sale, the chief executive officer owned 1,029 shares in the company, valued at $170,083.41. The trade was a 84.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 348,618 shares of company stock valued at $55,462,643. Insiders own 0.20% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Bank of America lowered their price target on Procter & Gamble from $171.00 to $167.00 and set a "buy" rating for the company in a research report on Friday. Royal Bank Of Canada lowered their price target on Procter & Gamble from $172.00 to $167.00 and set an "outperform" rating for the company in a research report on Thursday, April 9th. Rothschild & Co Redburn lifted their target price on Procter & Gamble from $155.00 to $157.00 and gave the stock a "neutral" rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. upgraded Procter & Gamble from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $157.00 to $165.00 in a research report on Friday, January 23rd. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Procter & Gamble in a research report on Friday, March 27th. Twelve analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $163.89.

Procter & Gamble News Roundup

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

• Positive Sentiment: Investor rotation into reliable, dividend-bearing consumer names could support PG as investors move away from more volatile AI/tech bets. The "Great Rotation" Out of Artificial Intelligence (AI) Stocks Has Arrived. Here's What Smart Money Is Buying Instead.
• Neutral Sentiment: Management shakeups and weakness at peer Conagra may influence sentiment across packaged-foods stocks but are not specific to PG’s fundamentals; Conagra named John Brase as CEO (effective June 1) and its shares fell on the news. Conagra Brands appoints former JM Smucker exec John Brase as CEO Conagra stock falls after the company names new CEO Conagra Hires John Brase to Replace Sean Connolly as President, CEO Slim Jim Maker Conagra Replacing CEO After 60% Stock Slide
• Negative Sentiment: Reporting notes Texas consumer-product probes now include Procter & Gamble, raising short-term regulatory and reputational risk headlines that can pressure the stock. Lululemon Stock Falls After Texas Opens PFAS Investigation Into Apparel
• Negative Sentiment: Bank of America cut its price target on PG to $167, a visible analyst move that often prompts selling and weighs on intraday sentiment. Bank of America Cuts Procter & Gamble NYSE: PG Price Target to $167.00
• Negative Sentiment: MarketWatch highlighted PG underperforming peers on Monday, reinforcing the narrative of near-term relative weakness in the stock. Procter & Gamble Co. stock underperforms Monday when compared to competitors
• Negative Sentiment: Smaller analyst actions are already showing market impact: coverage noted PG trading down after a recent analyst downgrade. Procter & Gamble NYSE: PG Trading Down 1% Following Analyst Downgrade

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.

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