Procter & Gamble (NYSE:PG) COO Shailesh Jejurikar Sells 3,986 Shares

Key Points

• COO Shailesh Jejurikar of Procter & Gamble sold 3,986 shares on October 2nd, resulting in a 7.83% decrease in his ownership.
• The company reported quarterly earnings with an EPS of $1.48, surpassing estimates, and had a revenue of $20.89 billion.
• Procter & Gamble declared a quarterly dividend of $1.0568 per share, reflecting a 2.8% yield with a payout ratio of 64.82%.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $606,788.78. Following the sale, the chief operating officer owned 46,899 shares of the company's stock, valued at $7,139,434.77. The trade was a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shailesh Jejurikar also recently made the following trade(s):

• On Tuesday, August 19th, Shailesh Jejurikar sold 13,039 shares of Procter & Gamble stock. The stock was sold at an average price of $157.27, for a total transaction of $2,050,643.53.

Procter & Gamble Price Performance

PG stock traded down $1.61 during mid-day trading on Monday, reaching $150.66. The company's stock had a trading volume of 3,755,593 shares, compared to its average volume of 7,930,397. The company has a current ratio of 0.70, a quick ratio of 0.49 and a debt-to-equity ratio of 0.49. The stock has a market cap of $352.62 billion, a PE ratio of 23.15, a P/E/G ratio of 4.02 and a beta of 0.36. The company's 50 day moving average is $155.51 and its two-hundred day moving average is $159.95. Procter & Gamble Company has a fifty-two week low of $149.91 and a fifty-two week high of $180.43.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the business earned $1.40 EPS. Procter & Gamble'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. Equities research analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Friday, July 18th were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble's dividend payout ratio is 64.82%.

Analyst Upgrades and Downgrades

PG has been the topic of several analyst reports. UBS Group set a $180.00 price target on shares of Procter & Gamble and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Evercore ISI reaffirmed an "in-line" rating and issued a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. BNP Paribas Exane cut their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a research note on Tuesday, September 23rd. 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, Barclays dropped their price objective on shares of Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating for the company in a research note on Wednesday, October 1st. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $173.11.

Institutional Trading of Procter & Gamble

Hedge funds and other institutional investors have recently made changes to their positions in the company. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the 1st quarter worth approximately $26,000. Signature Resources Capital Management LLC raised its position in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock valued at $28,000 after buying an additional 72 shares during the last quarter. Quarry LP purchased a new stake in Procter & Gamble in the 1st quarter valued at $33,000. Mizuho Securities Co. Ltd. raised its position in Procter & Gamble by 566.7% in the 1st quarter. Mizuho Securities Co. Ltd. now owns 200 shares of the company's stock valued at $34,000 after buying an additional 170 shares during the last quarter. Finally, Mid American Wealth Advisory Group Inc. purchased a new stake in shares of Procter & Gamble during the 2nd quarter valued at $34,000. 65.77% of the stock is currently owned by institutional investors.

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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