Procter & Gamble (NYSE:PG) CFO Andre Schulten Sells 4,252 Shares

Key Points

• Procter & Gamble's CFO, Andre Schulten, sold 4,252 shares of the company stock on October 2nd at an average price of $152.23, totaling over $647,000, which reduces his holdings by 7.30%.
• The company's recent quarterly earnings report showed an earnings per share (EPS) of $1.48, surpassing estimates and reflecting a 1.7% revenue increase year-over-year.
• Procter & Gamble announced a quarterly dividend of $1.0568 per share, resulting in an annualized dividend yield of 2.8%.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) CFO Andre Schulten sold 4,252 shares of the firm's stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $647,281.96. Following the completion of the sale, the chief financial officer owned 53,992 shares of the company's stock, valued at $8,219,202.16. This represents a 7.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.

Andre Schulten also recently made the following trade(s):

• On Tuesday, August 19th, Andre Schulten sold 11,638 shares of Procter & Gamble stock. The stock was sold at an average price of $157.27, for a total value of $1,830,308.26.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock traded down $1.61 during midday trading on Monday, hitting $150.66. 3,755,593 shares of the company were exchanged, compared to its average volume of 7,930,397. The firm has a 50 day simple moving average of $155.51 and a 200-day simple moving average of $159.95. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. Procter & Gamble Company has a 52 week low of $149.91 and a 52 week high of $180.43. The firm has a market cap of $352.62 billion, a P/E ratio of 23.15, a PEG ratio of 4.02 and a beta of 0.36.

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

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Friday, July 18th were given 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 64.82%.

Institutional Investors Weigh In On Procter & Gamble

Hedge funds have recently modified their holdings of the company. Stableford Capital II LLC lifted its holdings in Procter & Gamble by 1.1% during the 1st quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock worth $993,000 after buying an additional 61 shares during the period. Bernard Wealth Management Corp. lifted its stake in shares of Procter & Gamble by 20.2% in the 1st quarter. Bernard Wealth Management Corp. now owns 375 shares of the company's stock valued at $64,000 after purchasing an additional 63 shares during the period. B & T Capital Management DBA Alpha Capital Management raised its stake in Procter & Gamble by 2.3% during the 1st quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company's stock worth $476,000 after buying an additional 63 shares during the period. Private Management Group Inc. raised its stake in Procter & Gamble by 4.8% during the 1st quarter. Private Management Group Inc. now owns 1,384 shares of the company's stock worth $236,000 after buying an additional 64 shares during the period. Finally, Lantz Financial LLC raised its stake in Procter & Gamble by 1.2% during the 2nd quarter. Lantz Financial LLC now owns 5,237 shares of the company's stock worth $834,000 after buying an additional 64 shares during the period. Institutional investors and hedge funds own 65.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on PG shares. BNP Paribas Exane decreased their price objective on Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a research note on Tuesday, September 23rd. Berenberg Bank boosted their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a research note on Wednesday, September 17th. Barclays reduced their price objective on Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating for the company in a research report on Wednesday, October 1st. JPMorgan Chase & Co. restated a "neutral" rating and issued a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. Finally, Evercore ISI reiterated an "in-line" rating and set a $170.00 target price (down previously from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $173.11.

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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