Procter & Gamble Company (The) $PG Holdings Increased by Ethic Inc.

Key Points

• Ethic Inc. increased its Procter & Gamble stake by 36% in the third quarter, adding 20,951 shares to hold 79,200 shares valued at about $11.5 million.
• P&G reported quarterly earnings of $2.00 per share and revenue of $23.28 billion, beating analyst estimates; revenue rose 4% year over year.
• Analysts gave the stock a “Moderate Buy” consensus rating, with an average price target of $170.57. Company insiders sold 161,709 shares worth about $26.2 million over the last three months.

Ethic Inc. lifted its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 36.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 79,200 shares of the company's stock after purchasing an additional 20,951 shares during the period. Ethic Inc.'s holdings in Procter & Gamble were worth $11,506,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Procter & Gamble in the 2nd quarter valued at about $26,000. Montgomery Financial Services LLC acquired a new position in shares of Procter & Gamble during the second quarter worth about $28,000. Paladin Partners LLC acquired a new position in shares of Procter & Gamble during the second quarter worth about $29,000. Evergreen Advisors LLC purchased a new stake in shares of Procter & Gamble during the first quarter worth approximately $37,000. Finally, Toews Corp ADV purchased a new stake in shares of Procter & Gamble during the second quarter worth approximately $37,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Sundar G. Raman sold 38,253 shares of the business's stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $165.00, for a total transaction of $6,311,745.00. Following the completion of the sale, the chief executive officer owned 47,745 shares in the company, valued at approximately $7,877,925. The trade was a 44.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Victor Aguilar sold 18,812 shares of the company's stock in a transaction on Friday, October 30th. The shares were sold at an average price of $164.43, for a total transaction of $3,093,257.16. Following the completion of the transaction, the insider owned 55,243 shares of the company's stock, valued at approximately $9,083,606.49. The trade was a 25.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 161,709 shares of company stock valued at $26,244,058 over the last three months. 0.23% of the stock is currently owned by insiders.

Analyst Ratings Changes

PG has been the topic of several analyst reports. BNP Paribas Exane raised their target price on shares of Procter & Gamble from $177.00 to $189.00 and gave the company an "outperform" rating in a report on Friday, October 23rd. Freedom Broker upgraded shares of Procter & Gamble from a "hold" rating to a "buy" rating and set a $176.00 price target for the company in a report on Friday, October 23rd. Morgan Stanley boosted their price target on shares of Procter & Gamble from $166.00 to $185.00 and gave the stock an "overweight" rating in a report on Friday, October 23rd. Evercore raised 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 research report on Tuesday, October 6th. Finally, Piper Sandler raised their price objective on shares of Procter & Gamble from $145.00 to $167.00 and gave the company a "neutral" rating in a report on Monday, October 26th. Fifteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $170.57.

Procter & Gamble Stock Down 0.1%

Shares of NYSE PG opened at $165.31 on Monday. The business has a 50-day moving average of $152.01 and a two-hundred day moving average of $149.43. The company has a market capitalization of $383.15 billion, a price-to-earnings ratio of 24.90, a price-to-earnings-growth ratio of 4.07 and a beta of 0.36. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $170.52. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.53.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, beating analysts' consensus estimates of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The business had revenue of $23.28 billion for the quarter, compared to the consensus estimate of $22.80 billion. During the same quarter in the prior year, the business posted $1.99 EPS. The business's revenue for the quarter was up 4.0% on a year-over-year basis. On average, analysts forecast that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble's dividend payout ratio is 65.51%.

Procter & Gamble News Summary

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

• Positive Sentiment: P&G has raised its dividend for 70 consecutive years. Its quarterly payout is about $1.09 per share, equivalent to a roughly 2.6% yield, supporting the stock’s appeal to income-focused investors. Article: P&G dividend history and yield
• Positive Sentiment: Recent coverage points to investor interest in consumer-staples stocks as technology shares weaken. P&G may benefit from its defensive profile and dividend reputation. Article: Consumer staples rotation
• Neutral Sentiment: Zacks Research made mixed earnings-estimate changes: it lowered several forecasts for 2027 and 2028, while modestly raising some later-period estimates. The mixed revisions offer no clear overall change in the longer-term outlook. Procter & Gamble analyst estimates
• Neutral Sentiment: Management will discuss strategy and P&G’s long-term transformation at an Investor Day webcast on November 19; investors may look for updates on growth and execution. Article: P&G Investor Day webcast
• Negative Sentiment: CFO Andre Schulten sold 33,624 shares for about $5.55 million, reducing his direct stake by roughly 34%. The sale may concern investors, although insider transactions alone do not establish a change in the company’s prospects. Article: CFO share sale

Procter & Gamble Company Profile

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