Procter & Gamble Company (The) $PG Shares Sold by UMB Bank n.a.

Key Points

• UMB Bank n.a. reduced its stake in Procter & Gamble Company by 3.9%, now holding shares worth approximately $44.62 million as of the end of the second quarter.
• Procter & Gamble reported earnings of $1.48 per share for the last quarter, exceeding analysts' expectations, with a revenue increase of 1.7% year-over-year to $20.89 billion.
• The company declared a quarterly dividend of $1.0568 per share, resulting in an annualized yield of 2.7% and a dividend payout ratio of 64.98%.

UMB Bank n.a. cut its stake in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 3.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 280,054 shares of the company's stock after selling 11,351 shares during the quarter. UMB Bank n.a.'s holdings in Procter & Gamble were worth $44,618,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Marshall & Sullivan Inc. WA bought a new stake in shares of Procter & Gamble during the second quarter worth $105,000. Bridge Creek Capital Management LLC lifted its position in shares of Procter & Gamble by 1.1% during the second quarter. Bridge Creek Capital Management LLC now owns 34,192 shares of the company's stock worth $5,447,000 after purchasing an additional 379 shares during the last quarter. My Legacy Advisors LLC lifted its position in shares of Procter & Gamble by 9.2% during the second quarter. My Legacy Advisors LLC now owns 5,234 shares of the company's stock worth $830,000 after purchasing an additional 442 shares during the last quarter. Lantz Financial LLC lifted its position in shares of Procter & Gamble by 1.2% during the second quarter. Lantz Financial LLC now owns 5,237 shares of the company's stock worth $834,000 after purchasing an additional 64 shares during the last quarter. Finally, Phillips Wealth Planners LLC lifted its position in shares of Procter & Gamble by 2.9% during the second quarter. Phillips Wealth Planners LLC now owns 6,747 shares of the company's stock worth $1,065,000 after purchasing an additional 191 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Evercore ISI restated an "in-line" rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. Barclays set a $164.00 price objective on Procter & Gamble and gave the company an "equal weight" rating in a report on Thursday, July 31st. BNP Paribas restated an "outperform" rating and issued a $177.00 price objective on shares of Procter & Gamble in a report on Friday, August 15th. Berenberg Bank lifted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a report on Wednesday, September 17th. Finally, UBS Group set a $180.00 target price on Procter & Gamble and gave the company a "buy" rating in a research note on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $173.94.

Insider Buying and Selling at Procter & Gamble

In other news, insider Susan Street Whaley sold 1,000 shares of the business's stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $156.84, for a total transaction of $156,840.00. Following the sale, the insider owned 28,436 shares in the company, valued at approximately $4,459,902.24. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Ma. Fatima Francisco sold 9,100 shares of the business's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,431,157.00. Following the sale, the chief executive officer owned 27,295 shares in the company, valued at $4,292,684.65. The trade was a 25.00% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 120,181 shares of company stock valued at $18,918,012. Insiders own 0.20% of the company's stock.

Procter & Gamble Stock Down 0.4%

PG stock traded down $0.57 on Tuesday, hitting $152.50. 5,486,919 shares of the company's stock were exchanged, compared to its average volume of 7,980,266. Procter & Gamble Company has a 12-month low of $149.91 and a 12-month high of $180.43. The stock has a market cap of $356.92 billion, a P/E ratio of 23.42, a price-to-earnings-growth ratio of 4.12 and a beta of 0.36. 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 moving average price of $156.15 and a two-hundred day moving average price of $161.03.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same quarter in the previous year, the firm earned $1.40 earnings per share. The company's revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders 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 dividend yield of 2.8%. Procter & Gamble's payout ratio is presently 64.98%.

Procter & Gamble Company Profile

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.