Investment Partners LTD. Acquires 7,635 Shares of Procter & Gamble Company (The) $PG

Key Points

• Investment Partners LTD. increased its Procter & Gamble stake by 91.7% in the third quarter, adding 7,635 shares to own 15,959 shares valued at approximately $2.32 million. Institutional investors collectively own 65.77% of PG.
• Procter & Gamble exceeded quarterly expectations, reporting $2.00 in earnings per share and $23.28 billion in revenue, with revenue up 4% year over year.
• The company declared a quarterly dividend of $1.0885, equivalent to an annualized $4.35 payout and a 2.7% dividend yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $170.57.

Investment Partners LTD. lifted its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 91.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,959 shares of the company's stock after purchasing an additional 7,635 shares during the period. Investment Partners LTD.'s holdings in Procter & Gamble were worth $2,319,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Procter & Gamble during the 2nd quarter worth about $27,862,105,000. Bank of America Corp DE acquired a new stake in shares of Procter & Gamble in the second quarter valued at about $3,850,628,000. Bank of New York Mellon Corp purchased a new position in shares of Procter & Gamble in the second quarter valued at approximately $2,281,505,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Procter & Gamble in the second quarter worth about $1,480,650,000. Finally, Corient Private Wealth LP purchased a new position in Procter & Gamble during the second quarter worth approximately $335,908,000. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $161.42 on Friday. The firm has a market cap of $374.14 billion, a price-to-earnings ratio of 24.31, a P/E/G ratio of 3.97 and a beta of 0.39. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.53 and a current ratio of 0.72. The business's 50-day simple moving average is $149.99 and its 200-day simple moving average is $148.94.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, topping analysts' consensus estimates of $1.89 by $0.11. The company had revenue of $23.28 billion during the quarter, compared to analyst estimates of $22.80 billion. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.99 earnings per share. As a group, equities research analysts expect that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble's dividend payout ratio (DPR) is 65.51%.

Insider Buying and Selling at Procter & Gamble

In other news, CFO Andre Schulten sold 3,914 shares of the company's stock in a transaction on Monday, October 5th. The stock was sold at an average price of $145.34, for a total transaction of $568,860.76. Following the completion of the sale, the chief financial officer directly owned 65,618 shares in the company, valued at approximately $9,536,920.12. This represents a 5.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Susan Whaley sold 2,369 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $145.34, for a total transaction of $344,310.46. Following the sale, the insider owned 30,730 shares in the company, valued at $4,466,298.20. This represents a 7.16% decrease in their position. 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 ninety days, insiders have sold 58,647 shares of company stock worth $9,268,508. 0.23% of the stock is currently owned by corporate insiders.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: Analyst upgrade: Freedom Broker upgraded PG from “hold” to “buy,” providing a positive signal for the stock and reflecting greater confidence in the company’s outlook. Freedom Broker upgrades Procter & Gamble to buy from hold
• Positive Sentiment: Dividend appeal remains strong: Articles highlighted PG as a long-standing dividend leader, supporting its appeal to income-focused and defensive investors. The company’s record of dividend increases may help underpin demand for the shares, particularly when investors favor stable consumer-staples businesses. Dividend Kings article Trusted dividend stocks article
• Neutral Sentiment: Bond issuance adds balance-sheet context: PG’s euro- and dollar-denominated bond sale provides liquidity and funding flexibility, but it also draws attention to leverage, interest costs, and the company’s relatively elevated valuation. Procter & Gamble bond sale
• Neutral Sentiment: Growth story under review: Commentary on PG points to accelerating revenue growth, while also noting that higher operating costs could pressure margins and earnings. Investors are weighing improved sales momentum against cost inflation. Procter & Gamble revenue growth and costs What changed in Procter & Gamble’s story
• Negative Sentiment: Mixed rating signals and valuation risk: DZ Bank downgraded PG from “strong-buy” to “hold.” With shares trading at a premium valuation, a more cautious analyst stance could weigh on upside unless earnings growth accelerates. DZ Bank rating change
• Negative Sentiment: Advertising challenge produced only a limited win: Following PG’s challenge, the National Advertising Division supported Carpe’s $19.95 reference price but recommended changes or removal of other savings, free-shipping, comparative-performance, and “first” 100-hour protection claims. The outcome may modestly strengthen competitive advertising standards, but it does not represent a material financial catalyst for PG. National Advertising Division decision involving Carpe

Analyst Upgrades and Downgrades

PG has been the topic of several research analyst reports. Evercore upgraded shares of Procter & Gamble from an "in-line" rating to an "outperform" rating and set a $166.00 price objective on the stock in a report on Tuesday, October 6th. Bank of America dropped their price target on Procter & Gamble from $170.00 to $166.00 and set a "buy" rating on the stock in a research note on Friday, July 10th. BNP Paribas Exane lifted their price objective on shares of Procter & Gamble from $177.00 to $189.00 and gave the company an "outperform" rating in a research note on Friday, October 23rd. The Goldman Sachs Group restated a "neutral" rating and issued a $161.00 price objective on shares of Procter & Gamble in a research report on Thursday, October 22nd. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Procter & Gamble in a research report on Monday, September 21st. Fifteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble has a consensus rating of "Moderate Buy" and an average target price of $170.57.

Procter & Gamble Company Profile

Procter & Gamble Company NYSE: PG is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company's well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.

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