Ferguson Wellman Capital Management Inc. Sells 13,115 Shares of Procter & Gamble Company (The) $PG

Key Points

• Ferguson Wellman Capital Management reduced its Procter & Gamble stake by 13,115 shares, or 1.5%, leaving it with 889,377 shares valued at approximately $130.4 million. Institutional investors collectively own 65.77% of PG.
• Analysts maintain a generally positive view, with 13 Buy ratings and 11 Holds producing a “Moderate Buy” consensus and an average price target of $161.19, although several firms recently lowered their targets.
• Procter & Gamble exceeded quarterly EPS expectations but missed revenue estimates, while maintaining a quarterly dividend of $1.0885, equivalent to a 3.0% yield. Analysts also cite potential fiscal 2027 earnings pressure from higher costs, financing expenses and unfavorable currency movements.

Ferguson Wellman Capital Management Inc. decreased its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 1.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 889,377 shares of the company's stock after selling 13,115 shares during the period. Procter & Gamble accounts for about 1.6% of Ferguson Wellman Capital Management Inc.'s portfolio, making the stock its 16th biggest holding. Ferguson Wellman Capital Management Inc.'s holdings in Procter & Gamble were worth $130,418,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. boosted its stake in 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 worth $25,000 after purchasing an additional 150 shares during the period. Park Square Financial Group LLC grew its holdings in Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company's stock valued at $26,000 after buying an additional 71 shares in the last quarter. Evolution Wealth Management Inc. raised its position in shares of Procter & Gamble by 1,315.4% during 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. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Procter & Gamble in the second quarter worth $26,000. Finally, Litman Gregory Wealth Management LLC purchased a new position in shares of Procter & Gamble in the fourth quarter worth $26,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Procter & Gamble News Roundup

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

• Positive Sentiment: Several recent articles identify PG as a leading dividend stock for 2027 and beyond, emphasizing its dependable income, long record of dividend growth and resilience across economic cycles. This supports demand from income-oriented and defensive investors. The Best Dividend Stock for 2027 and Beyond: Procter & Gamble
• Positive Sentiment: PG is being presented as an attractive alternative to simply owning the Consumer Staples Select Sector SPDR Fund (XLP), reflecting investor interest in selecting high-quality individual dividend payers with established household brands. These 3 Dividend Stocks Make a Strong Case for Skipping XLP
• Neutral Sentiment: The bullish investment case also depends on productivity improvements, new product innovation and robust cash returns. Those factors could help offset modest underlying growth, although PG’s valuation remains relatively rich. Is P&G Stock Worth Buying as Growth Slows and Valuation Stays Rich?
• Negative Sentiment: Analysts highlight an estimated 8% fiscal 2027 core EPS headwind from higher input costs, financing expenses, lower non-operating income and unfavorable currency movements. These pressures could limit earnings growth and weigh on the stock’s premium valuation. P&G Fiscal 2027 Outlook Brings an 8% Core EPS Headwind Into Focus
• Negative Sentiment: Erste Group Bank issued a bearish forecast for PG’s fiscal 2027 earnings, reinforcing concerns that the company’s near-term fundamentals may not justify its valuation. Erste Group Bank Has Bearish Forecast for PG FY2027 Earnings

Analyst Upgrades and Downgrades

PG has been the subject of several research analyst reports. HSBC reaffirmed a "hold" rating and set a $149.00 target price (down from $182.00) on shares of Procter & Gamble in a research note on Thursday, July 30th. Bank of America decreased their price target on shares of Procter & Gamble from $170.00 to $166.00 and set a "buy" rating on the stock in a research note on Friday, July 10th. JPMorgan Chase & Co. dropped their price objective on shares of Procter & Gamble from $164.00 to $162.00 and set an "overweight" rating for the company in a report on Thursday, July 16th. Barclays lifted their target price on Procter & Gamble from $146.00 to $152.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 21st. Finally, Citigroup decreased their target price on Procter & Gamble from $181.00 to $170.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $161.19.

Procter & Gamble Stock Up 1.2%

Shares of NYSE PG opened at $145.51 on Tuesday. 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 Company has a 12-month low of $137.62 and a 12-month high of $167.25. The firm's 50-day moving average price is $147.06 and its 200-day moving average price is $148.12. The stock has a market capitalization of $338.23 billion, a price-to-earnings ratio of 21.98, a P/E/G ratio of 4.43 and a beta of 0.39.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The company had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the business posted $1.48 earnings per share. The firm's revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, equities research analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were issued a $1.0885 dividend. The ex-dividend date was Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble's payout ratio is 65.71%.

Insider Transactions at Procter & Gamble

In other news, insider Susan Street Whaley sold 2,238 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $321,802.02. Following the transaction, the insider owned 26,989 shares of the company's stock, valued at approximately $3,880,748.31. The trade was a 7.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $145.24, for a total value of $52,141.16. Following the sale, the chief accounting officer owned 1,271 shares in the company, valued at $184,600.04. The trade was a 22.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 6,627 shares of company stock worth $953,417. 0.20% of the stock is currently owned by company insiders.

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.

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG - Free Report).

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