Procter & Gamble Company (The) $PG Shares Sold by Intech Investment Management LLC

Key Points

• Intech Investment Management LLC reduced its holdings in Procter & Gamble by 30.7%, selling 65,968 shares during the first quarter, resulting in a total of 148,612 shares worth approximately $25.3 million.
• Procter & Gamble reported a net revenue of $20.89 billion for the last quarter, exceeding analyst expectations, with earnings per share of $1.48 that also beat forecasts.
• The company announced a quarterly dividend of $1.0568, with a current yield of 2.6% and plans for fiscal year 2026 earnings in the range of $6.830 to $7.090 per share.

Intech Investment Management LLC decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 30.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 148,612 shares of the company's stock after selling 65,968 shares during the quarter. Intech Investment Management LLC's holdings in Procter & Gamble were worth $25,326,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Capital A Wealth Management LLC bought a new position in Procter & Gamble in the 4th quarter valued at $31,000. Quarry LP bought a new position in Procter & Gamble in the 1st quarter worth about $33,000. 10Elms LLP bought a new position in shares of Procter & Gamble during the 4th quarter valued at about $34,000. Mizuho Securities Co. Ltd. increased its position in shares of Procter & Gamble by 566.7% during the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after purchasing an additional 170 shares during the last quarter. Finally, Sunbeam Capital Management LLC bought a new position in shares of Procter & Gamble during the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Wells Fargo & Company lowered their price objective on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a research note on Wednesday, July 30th. UBS Group set a $180.00 target price on Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. BNP Paribas reaffirmed an "outperform" rating and issued a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. Finally, Barclays set a $164.00 price target on Procter & Gamble and gave the company an "equal weight" rating in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Procter & Gamble presently has a consensus rating of "Moderate Buy" and an average price target of $175.12.

Insider Buying and Selling at Procter & Gamble

In related news, CEO Sundar G. Raman sold 9,554 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total value of $1,511,060.64. Following the transaction, the chief executive officer owned 41,886 shares of the company's stock, valued at $6,624,689.76. This represents a 18.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Susan Street Whaley sold 1,000 shares of the firm's stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $156.84, for a total value of $156,840.00. Following the transaction, the insider directly owned 28,436 shares in the company, valued at approximately $4,459,902.24. The trade was a 3.40% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 120,181 shares of company stock valued at $18,918,012. Insiders own 0.20% of the company's stock.

Procter & Gamble Stock Performance

PG stock traded down $0.61 during midday trading on Friday, reaching $158.02. The stock had a trading volume of 5,956,120 shares, compared to its average volume of 6,033,143. The firm has a fifty day simple moving average of $156.21 and a two-hundred day simple moving average of $161.90. The stock has a market cap of $369.85 billion, a PE ratio of 24.27, a P/E/G ratio of 4.19 and a beta of 0.36. Procter & Gamble Company has a 52-week low of $149.91 and a 52-week high of $180.43. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. During the same quarter in the previous year, the business earned $1.40 EPS. Procter & Gamble's revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Friday, July 18th. Procter & Gamble's dividend payout ratio is 64.98%.

Procter & Gamble Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.