Procter & Gamble Company (The) $PG Stake Decreased by Haverford Trust Co

Key Points

• Haverford Trust Co has decreased its stake in Procter & Gamble by 1.2%, owning 227,247 shares valued at approximately $38.73 million.
• The company reported earnings per share of $1.48 for the last quarter, surpassing analysts' estimates and achieving a 1.7% increase in revenue year-over-year.
• Procter & Gamble declared a quarterly dividend of $1.0568 per share, which represents an annualized yield of 2.7% and a payout ratio of 64.98%.

Haverford Trust Co lowered its holdings in shares of Procter & Gamble Company (The) (NYSE:PG - Free Report) by 1.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,247 shares of the company's stock after selling 2,786 shares during the period. Haverford Trust Co's holdings in Procter & Gamble were worth $38,727,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Brighton Jones LLC increased its stake in shares of Procter & Gamble by 51.5% during the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company's stock valued at $6,717,000 after acquiring an additional 13,617 shares during the period. Bank Pictet & Cie Europe AG increased its position in shares of Procter & Gamble by 493.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 341,750 shares of the company's stock worth $57,294,000 after acquiring an additional 284,174 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in shares of Procter & Gamble by 3.4% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 7,494 shares of the company's stock valued at $1,257,000 after buying an additional 248 shares in the last quarter. Topsail Wealth Management LLC purchased a new position in Procter & Gamble during the 4th quarter valued at about $2,219,000. Finally, Rothschild Capital Partners LLC purchased a new position in Procter & Gamble during the 4th quarter valued at about $514,000. Institutional investors and hedge funds own 65.77% of the company's stock.

Insider Activity

In related news, CEO Gary A. Coombe sold 10,194 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the sale, the chief executive officer directly owned 34,978 shares of the company's stock, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Marc S. Pritchard sold 9,849 shares of the company's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the sale, the insider owned 182,422 shares of the company's stock, valued at $28,689,507.94. The trade was a 5.12% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 119,181 shares of company stock valued at $18,761,172. 0.18% of the stock is owned by company insiders.

Procter & Gamble Stock Down 0.1%

NYSE PG opened at $158.5140 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. The firm has a 50-day simple moving average of $156.79 and a 200 day simple moving average of $162.97. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The stock has a market cap of $371.30 billion, a PE ratio of 24.35, a PEG ratio of 4.19 and a beta of 0.37.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.42 by $0.06. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.79 billion. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company's quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter last year, the company earned $1.40 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, July 18th were paid a dividend of $1.0568 per share. The ex-dividend date was Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble's dividend payout ratio (DPR) is currently 64.98%.

Analysts Set New Price Targets

A number of brokerages recently commented on PG. Truist Financial lowered their price objective on shares of Procter & Gamble from $185.00 to $180.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Wells Fargo & Company lowered their price target on shares of Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a report on Wednesday, July 30th. Barclays set a $164.00 target price on Procter & Gamble and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Evercore ISI reiterated an "in-line" rating and set a $170.00 price target (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Finally, Erste Group Bank cut Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble presently has an average rating of "Moderate Buy" and a consensus price target of $175.94.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

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