Procter & Gamble Company (The) $PG Shares Sold by Carmignac Gestion

Key Points

• Carmignac Gestion reduced its Procter & Gamble position by 12.9% in the second quarter, selling 11,347 shares and retaining 76,813 shares valued at approximately $11.3 million.
• P&G reported quarterly earnings of $1.43 per share, exceeding estimates, while revenue rose 1.5% year over year to $21.2 billion but fell short of forecasts.
• The company maintains a quarterly dividend of $1.0885 per share, equivalent to a roughly 3.0% annual yield. Analysts hold a “Moderate Buy” consensus rating with an average price target of $161.19, compared with a share price of $145.59.

Carmignac Gestion trimmed its position in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 12.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,813 shares of the company's stock after selling 11,347 shares during the quarter. Carmignac Gestion's holdings in Procter & Gamble were worth $11,299,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. California State Teachers Retirement System grew its stake in Procter & Gamble by 14,323.0% during the second quarter. California State Teachers Retirement System now owns 516,914,798 shares of the company's stock worth $75,800,386,000 after buying an additional 513,330,829 shares during the period. BlackRock Inc. purchased a new position in shares of Procter & Gamble in the 2nd quarter valued at $27,862,105,000. State Street Corp lifted its holdings in shares of Procter & Gamble by 1.0% during the 4th quarter. State Street Corp now owns 101,618,926 shares of the company's stock valued at $14,563,008,000 after acquiring an additional 984,102 shares in the last quarter. Geode Capital Management LLC boosted its position in Procter & Gamble by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company's stock worth $8,962,689,000 after purchasing an additional 1,974,556 shares during the period. Finally, Norges Bank acquired a new stake in Procter & Gamble in the 4th quarter valued at $4,664,783,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

Procter & Gamble Stock Performance

PG traded down $0.85 during trading hours on Tuesday, hitting $145.59. 8,322,187 shares of the stock were exchanged, compared to its average volume of 9,849,199. The stock has a market cap of $338.16 billion, a price-to-earnings ratio of 21.99, a price-to-earnings-growth ratio of 3.64 and a beta of 0.39. The stock has a 50-day simple moving average of $146.73 and a 200-day simple moving average of $147.64. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.47. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25.

Procter & Gamble (NYSE:PG - Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The firm had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the previous year, the firm earned $1.48 earnings per share. The firm's revenue for the quarter was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Analysts anticipate that Procter & Gamble Company will post 6.99 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, July 24th. Procter & Gamble's dividend payout ratio is presently 65.71%.

Key Procter & Gamble News

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

• Positive Sentiment: P&G remains a leading “Dividend King,” having increased its dividend for roughly seven decades. Its consumer-staples portfolio and dependable shareholder returns may appeal to income-focused and defensive investors. 1 Stat That Makes Procter & Gamble Hard to Ignore This September
• Positive Sentiment: Fiscal 2026 revenue reportedly rose 3% to more than $87 billion, while Moody’s moved P&G’s credit outlook to positive, signaling confidence in its financial strength and balance sheet. 1 Stat That Makes Procter & Gamble Hard to Ignore This September
• Neutral Sentiment: Recent commentary compares P&G with other defensive blue chips and highlights the tradeoff between safety, income and growth. The stock’s appeal remains centered more on stability and dividends than on rapid expansion. Which Defensive Stock Has Dominated in 2026
• Negative Sentiment: Analyst commentary warns that rising costs, foreign-exchange pressure and other factors could create an estimated $1.4 billion after-tax earnings headwind in fiscal 2027, putting margins and profit growth at risk. Procter & Gamble Margins Under Pressure
• Negative Sentiment: Jim Cramer said P&G has little growth, describing the valuation and outlook as concerns despite the company’s quality and defensive characteristics. That reinforces investor worries that the shares may offer limited upside beyond dividends. Jim Cramer Discusses Procter & Gamble Valuation and Growth

Analysts Set New Price Targets

A number of research analysts have commented on the company. BMO Capital Markets boosted their price objective on Procter & Gamble from $169.00 to $170.00 and gave the stock an "outperform" rating in a research note on Monday, June 29th. Argus cut Procter & Gamble from a "buy" rating to a "hold" rating in a report on Friday, August 7th. Weiss Ratings reiterated a "hold (c)" rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. Bank of America lowered their price target on shares of Procter & Gamble from $170.00 to $166.00 and set a "buy" rating for the company in a report on Friday, July 10th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Procter & Gamble in a research note on Wednesday, August 19th. Thirteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of "Moderate Buy" and an average target price of $161.19.

Insiders Place Their Bets

In other Procter & Gamble news, CAO Matthew Janzaruk sold 359 shares of the firm's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $145.24, for a total value of $52,141.16. Following the sale, the chief accounting officer directly owned 1,271 shares in the company, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Marc Pritchard sold 4,030 shares of the business's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total transaction of $579,473.70. Following the transaction, the insider directly owned 187,001 shares of the company's stock, valued at approximately $26,888,873.79. This trade represents a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 6,627 shares of company stock valued at $953,417 over the last three months. Company insiders own 0.23% of the company's stock.

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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