Insider Selling: Procter & Gamble (NYSE:PG) CEO Sells 3,227 Shares of Stock

Key Points

• Procter & Gamble CEO Jennifer Davis sold 3,227 shares of stock at an average price of $152.23, amounting to a total of $491,246.21, reducing her ownership by 4.97%.
• The company's stock has a current market cap of $352.62 billion and a twelve month low of $149.91, indicating it has been trading around that range recently.
• Procter & Gamble recently declared a quarterly dividend of $1.0568 per share, with a yield of 2.8% and a payout ratio of 64.82%.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) CEO Jennifer Davis sold 3,227 shares of the business's stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $491,246.21. Following the transaction, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Procter & Gamble Stock Performance

Procter & Gamble stock traded down $1.61 on Monday, reaching $150.66. 3,755,593 shares of the stock were exchanged, compared to its average volume of 7,930,397. The stock has a market cap of $352.62 billion, a PE ratio of 23.15, a PEG ratio of 4.02 and a beta of 0.36. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The firm has a fifty day moving average price of $155.51 and a two-hundred day moving average price of $159.95.

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, beating analysts' consensus estimates of $1.42 by $0.06. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.40 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently disclosed 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. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Friday, July 18th. Procter & Gamble's dividend payout ratio is currently 64.82%.

Analyst Ratings Changes

Several research firms have weighed in on PG. UBS Group set a $180.00 target price on shares of Procter & Gamble and gave the stock a "buy" rating in a report on Wednesday, July 30th. BNP Paribas reaffirmed an "outperform" rating and issued a $177.00 target price on shares of Procter & Gamble in a research report on Friday, August 15th. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a research report on Thursday, September 25th. Berenberg Bank lifted their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a research report on Wednesday, September 17th. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $170.00 target price (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Eleven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, Procter & Gamble currently has a consensus rating of "Moderate Buy" and a consensus target price of $173.11.

Institutional Trading of Procter & Gamble

Institutional investors and hedge funds have recently made changes to their positions in the company. Nova Wealth Management Inc. bought a new position in Procter & Gamble during the first quarter worth about $26,000. Signature Resources Capital Management LLC lifted its position in Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP bought a new stake in Procter & Gamble during the first quarter valued at approximately $33,000. Mizuho Securities Co. Ltd. raised its stake in shares of Procter & Gamble by 566.7% during the first quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock worth $34,000 after acquiring an additional 170 shares in the last quarter. Finally, Mid American Wealth Advisory Group Inc. purchased a new position in shares of Procter & Gamble during the second quarter worth approximately $34,000. Hedge funds and other institutional investors own 65.77% of the company's stock.

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.

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