Procter & Gamble (NYSE:PG) Stock Unloaded Rep. Katherine M. Clark

Key Points

• Representative Katherine M. Clark sold between $15,001 and $50,000 in Procter & Gamble stock on September 17th, as disclosed in a filing on October 3rd.
• Procter & Gamble recently reported $20.89 billion in quarterly revenue, exceeding analyst estimates and showing a 1.7% year-over-year increase.
• The stock currently holds a consensus price target of $173.11, with eleven analysts rating it as a Buy and nine as Hold.

Representative Katherine M. Clark (D-Massachusetts) recently sold shares of Procter & Gamble Company The) (NYSE: PG. In a filing disclosed on October 03rd, the Representative disclosed that they had sold between $15,001 and $50,000 in Procter & Gamble stock on September 17th. The trade occurred in the Representative's "KATHERINE M. CLARK SEPARATE SHARE TRUST" account.

Procter & Gamble Price Performance

PG traded up $2.08 during trading on Tuesday, hitting $152.49. The company's stock had a trading volume of 3,399,312 shares, compared to its average volume of 7,922,774. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. 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 business's fifty day simple moving average is $155.38 and its 200 day simple moving average is $159.84. The firm has a market capitalization of $356.89 billion, a price-to-earnings ratio of 23.43, a P/E/G ratio of 4.02 and a beta of 0.36.

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

Analyst Ratings Changes

Several analysts have issued reports on the company. UBS Group set a $180.00 target price on Procter & Gamble and gave the company a "buy" rating in a report on Wednesday, July 30th. Evercore ISI restated an "in-line" rating and set a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Barclays decreased their target price on shares of Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating on the stock in a report on Wednesday, October 1st. BNP Paribas reaffirmed an "outperform" rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, Wells Fargo & Company decreased their price objective on Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating on the stock in a report on Thursday, September 25th. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $173.11.

Insider Buying and Selling

In other Procter & Gamble news, CEO Jon R. Moeller sold 40,119 shares of the firm's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $6,309,515.13. Following the sale, the chief executive officer owned 319,375 shares of the company's stock, valued at $50,228,106.25. This trade represents a 11.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the sale, the chief executive officer directly owned 34,978 shares in the company, valued at $5,532,120.48. The trade was a 22.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Procter & Gamble

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Benjamin Edwards Inc. increased its position in shares of Procter & Gamble by 120.7% during the 1st quarter. Benjamin Edwards Inc. now owns 364,378 shares of the company's stock valued at $62,098,000 after purchasing an additional 199,258 shares during the period. Capital Investment Advisory Services LLC increased its stake in shares of Procter & Gamble by 13.8% in the first quarter. Capital Investment Advisory Services LLC now owns 37,709 shares of the company's stock worth $6,426,000 after acquiring an additional 4,562 shares during the last quarter. World Investment Advisors grew its stake in shares of Procter & Gamble by 6.0% in the 1st quarter. World Investment Advisors now owns 50,913 shares of the company's stock valued at $8,677,000 after buying an additional 2,886 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in Procter & Gamble by 26.4% in the first quarter. Concurrent Investment Advisors LLC now owns 120,002 shares of the company's stock worth $20,451,000 after acquiring an additional 25,059 shares in the last quarter. Finally, Kelly Financial Services LLC boosted its holdings in Procter & Gamble by 8.7% in the first quarter. Kelly Financial Services LLC now owns 1,727 shares of the company's stock worth $294,000 after purchasing an additional 138 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

About Representative Clark

Katherine Clark (Democratic Party) is a member of the U.S. House, representing Massachusetts' 5th Congressional District. She assumed office on December 12, 2013. Her current term ends on January 3, 2027. Clark (Democratic Party) is running for re-election to the U.S. House to represent Massachusetts' 5th Congressional District. She declared candidacy for the 2026 election. At the start of the 118th Congress, Clark became the House Minority Whip. Clark earned her B.A. from St. Lawrence University, M.P.A. from the Kennedy School of Government at Harvard University and J.D. from Cornell Law School. Her professional experience includes working as General Counsel of the Massachusetts Office of Child Care Services, Prosecutor for the Colorado Attorney General's Office and Federal Court Clerk for the Honorable Alfred A. Arraj.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.