Procter & Gamble Company (The) $PG Shares Sold by Allworth Financial LP

Key Points

• Allworth Financial LP trimmed its Procter & Gamble stake by 3.8% in Q3, selling 14,319 shares and leaving 358,613 shares valued at about $55.1 million.
• Company insiders have been net sellers recently — CEO Gary A. Coombe sold 36,093 shares and insiders have sold 348,618 shares (~$55.5 million) over the last 90 days, leaving corporate insiders with about 0.20% ownership.
• Q4 results showed EPS of $1.88 (beating estimates by $0.02) with revenue of $22.21 billion (slightly below estimates), and P&G pays a quarterly dividend of $1.0568 (annualized $4.23) for a ~2.9% yield and a 62.7% payout ratio.

Allworth Financial LP reduced its position in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 3.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 358,613 shares of the company's stock after selling 14,319 shares during the quarter. Allworth Financial LP's holdings in Procter & Gamble were worth $55,101,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC boosted its position in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after purchasing an additional 13,617 shares during the period. Taylor Financial Group Inc. lifted its stake in Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company's stock valued at $493,000 after buying an additional 277 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in Procter & Gamble by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company's stock valued at $979,000 after buying an additional 1,016 shares in the last quarter. Auxano Advisors LLC boosted its holdings in shares of Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company's stock worth $1,165,000 after buying an additional 714 shares during the period. Finally, Schnieders Capital Management LLC. increased its position in shares of Procter & Gamble by 2.8% in the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company's stock worth $4,809,000 after acquiring an additional 809 shares in the last quarter. Institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Down 3.1%

Procter & Gamble stock opened at $146.71 on Thursday. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $174.80. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. The firm has a market cap of $340.96 billion, a PE ratio of 21.74, a P/E/G ratio of 5.06 and a beta of 0.37. The firm's 50 day moving average price is $153.95 and its two-hundred day moving average price is $150.86.

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

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors 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 yield of 2.9%. Procter & Gamble's dividend payout ratio (DPR) is presently 62.67%.

Wall Street Analysts Forecast Growth

PG has been the subject of several research analyst reports. Rothschild & Co Redburn upped their price target on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a "neutral" rating in a research report on Friday, January 23rd. Jefferies Financial Group upgraded shares of Procter & Gamble from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $156.00 to $179.00 in a research report on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft reduced their target price on Procter & Gamble from $176.00 to $171.00 and set a "buy" rating for the company in a report on Monday, December 8th. JPMorgan Chase & Co. raised Procter & Gamble from a "neutral" rating to an "overweight" rating and raised their target price for the stock from $157.00 to $165.00 in a research report on Friday, January 23rd. Finally, BNP Paribas Exane dropped their price target on Procter & Gamble from $172.00 to $164.00 and set an "outperform" rating on the stock in a research report on Friday, January 16th. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Procter & Gamble has a consensus rating of "Moderate Buy" and a consensus price target of $168.33.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 36,093 shares of the company's stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.33, for a total value of $5,858,976.69. Following the transaction, the chief executive officer directly owned 34,994 shares of the company's stock, valued at $5,680,576.02. This represents a 50.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm's stock in a transaction dated 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 sale, the insider directly owned 44,735 shares of the company's stock, valued at $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 348,618 shares of company stock valued at $55,462,643. Corporate insiders own 0.20% of the company's stock.

More Procter & Gamble News

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

• Positive Sentiment: BEVEL brand expands into men’s body care with a targeted body cream aimed at Black men — broadens P&G’s addressable market in men’s personal care and supports brand extension/innovation strategy. Procter And Gamble Expands Bevel Into Men’s Body Care Segment
• Positive Sentiment: P&G Premium is testing a paid loyalty program in baby and home care — potential to boost retention, margins and first‑party consumer data if rollout scales. Procter & Gamble Premium Launches Test Loyalty In Baby And Home Care
• Positive Sentiment: Featured in retail/dividend roundups as a blue‑chip dividend name — reinforces PG’s appeal to income investors and may support longer‑term investor demand. The Best Dividend Stocks to Buy and Hold Forever
• Neutral Sentiment: Marketing trend coverage: P&G products are being integrated into short “microdramas” and mobile video content — an execution note on advertising strategy but not an immediate earnings driver. Body Scrub, Concealer and Shoe Trinkets Star in Brands’ ‘Microdramas’
• Neutral Sentiment: Sector/competitive news (Coty board refresh, Unilever strategic rumblings) can change competitive dynamics over time but are not direct catalysts for PG near term. Coty Revamps Board With Appointment of Five New Independent Directors
• Negative Sentiment: Market commentary and data reports flagged that PG’s share price declined in the most recent session — likely driving intraday selling and headline attention. Procter & Gamble (PG) Registers a Bigger Fall Than the Market Zacks: Procter & Gamble Registers a Bigger Fall Than the Market

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.

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