ABN AMRO Bank N.V. Sells 13,081 Shares of Procter & Gamble Company (The) $PG

Key Points

• ABN AMRO Bank N.V. reduced its Procter & Gamble stake by 8.3% in the fourth quarter, selling 13,081 shares and leaving it with 143,666 shares valued at about $20.5 million.
• Procter & Gamble reported solid quarterly results, with EPS of $1.59 beating estimates, while revenue came in slightly below expectations but still rose 7.4% year over year.
• The company increased its dividend to $1.0885 per share quarterly, lifting the annualized payout to $4.35 and implying a 3.0% yield.

ABN AMRO Bank N.V. cut its stake in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 8.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 143,666 shares of the company's stock after selling 13,081 shares during the quarter. ABN AMRO Bank N.V.'s holdings in Procter & Gamble were worth $20,539,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PG. Maseco LLP purchased a new position in Procter & Gamble in the 4th quarter worth approximately $28,000. Saranac Partners Ltd purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth approximately $30,000. Corundum Trust Company INC purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth approximately $32,000. Caitlin John LLC purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth approximately $34,000. Finally, Anfield Capital Management LLC raised its holdings in shares of Procter & Gamble by 121.5% during the 4th quarter. Anfield Capital Management LLC now owns 237 shares of the company's stock worth $34,000 after acquiring an additional 130 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $146.44 on Monday. The stock's fifty day moving average is $148.41 and its two-hundred day moving average is $148.55. The company has a market capitalization of $341.00 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 6.28 and a beta of 0.41. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.99.

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

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, April 24th. This is a positive change from Procter & Gamble's previous quarterly dividend of $1.06. Procter & Gamble's dividend payout ratio is currently 63.60%.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Raymond James Financial decreased their price objective on Procter & Gamble from $175.00 to $170.00 and set an "outperform" rating on the stock in a report on Tuesday, April 14th. Evercore set a $162.00 price objective on Procter & Gamble in a report on Monday, April 27th. Dbs Bank raised Procter & Gamble from a "hold" rating to a "buy" rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $163.00 price objective on shares of Procter & Gamble in a report on Monday, April 27th. Finally, Barclays decreased their price objective on Procter & Gamble from $155.00 to $146.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 14th. Eleven research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and a consensus price target of $161.06.

Insider Buying and Selling at Procter & Gamble

In related news, Chairman Jon R. Moeller sold 162,232 shares of the company's stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the completion of the sale, the chairman directly owned 319,385 shares in the company, valued at $51,884,093.25. This represents a 33.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the company's stock in a transaction on 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 of the company's stock, valued at $170,083.41. This trade represents a 84.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 244,715 shares of company stock worth $39,702,904. Insiders own 0.20% of the company's stock.

Key Procter & Gamble News

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.

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