Northside Capital Management LLC Reduces Stock Position in Procter & Gamble Company (The) $PG

Key Points

• Northside Capital Management cut its stake in Procter & Gamble by 26.2% in Q4, selling 7,927 shares and ending the period with 22,311 shares worth $3.197 million.
• Analysts hold a "Moderate Buy" consensus on PG with a $168.33 average target (14 Buys vs. 7 Holds), and several recent upgrades have pushed price targets into the mid‑$160s.
• Insiders have been net sellers—348,618 shares worth $55.46 million sold in the past 90 days—while P&G pays a $4.23 annual dividend (2.9% yield) and trades at a P/E of about 21.4 with a $335.6 billion market cap.

Northside Capital Management LLC decreased its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 26.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,311 shares of the company's stock after selling 7,927 shares during the period. Northside Capital Management LLC's holdings in Procter & Gamble were worth $3,197,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Halbert Hargrove Global Advisors LLC bought a new position in shares of Procter & Gamble in the third quarter worth about $25,000. Saranac Partners Ltd bought a new stake in Procter & Gamble during the 3rd quarter valued at about $30,000. Corundum Trust Company INC purchased a new stake in Procter & Gamble in the 3rd quarter valued at about $32,000. Caitlin John LLC purchased a new stake in Procter & Gamble in the 3rd quarter valued at about $34,000. Finally, Marquette Asset Management LLC bought a new position in Procter & Gamble in the 3rd quarter worth about $37,000. 65.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on PG shares. Erste Group Bank raised shares of Procter & Gamble from a "hold" rating to a "buy" rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. upgraded Procter & Gamble from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $157.00 to $165.00 in a report on Friday, January 23rd. Piper Sandler initiated coverage on Procter & Gamble in a research report on Wednesday, January 7th. They set a "neutral" rating and a $150.00 target price for the company. Rothschild & Co Redburn increased their price target on Procter & Gamble from $155.00 to $157.00 and gave the stock a "neutral" rating in a research report on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on Procter & Gamble from $176.00 to $171.00 and set a "buy" rating for the company in a report on Monday, December 8th. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $168.33.

Procter & Gamble Stock Down 0.3%

NYSE:PG opened at $144.41 on Friday. The company's 50-day simple moving average is $154.07 and its 200-day simple moving average is $150.68. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $174.80. The stock has a market capitalization of $335.61 billion, a P/E ratio of 21.39, a P/E/G ratio of 4.82 and a beta of 0.37.

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

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble's dividend payout ratio is presently 62.67%.

Insider Activity

In other news, CEO Ma. Fatima Francisco sold 5,549 shares of the firm'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 completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the business's stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the transaction, the insider owned 44,735 shares in the company, valued at approximately $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 348,618 shares of company stock worth $55,462,643. Company insiders own 0.20% of the company's stock.

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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