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Rep. Adam Smith Sells Off Shares of Procter & Gamble Company (The) (NYSE:PG)

Procter & Gamble logo with Consumer Staples background

Key Points

  • Representative Adam Smith sold shares of Procter & Gamble (NYSE:PG) valued between $1,001 and $15,000 on August 8th, as disclosed in a recent filing.
  • Procter & Gamble reported $1.48 earnings per share for the last quarter, surpassing analysts' expectations; the company also announced a quarterly dividend of $1.0568.
  • The stock currently has an average rating of "Moderate Buy" with a consensus price target of $175.88, following recent adjustments by several analysts.
  • Looking to export and analyze Procter & Gamble data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Representative Adam Smith (D-Washington) recently sold shares of Procter & Gamble Company The) (NYSE: PG. In a filing disclosed on August 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Procter & Gamble stock on August 8th. The trade occurred in the Representative's "BAIRD TRUST COMPANY TTEE FBO/INHERITED BENEFICIARY IRA/JOHN ELDRIDGE DECEASED IRA/SARA SMITH" account.

Representative Adam Smith also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of Newmont NYSE: NEM on 8/8/2025.
  • Sold $1,001 - $15,000 in shares of Walt Disney NYSE: DIS on 8/8/2025.
  • Sold $1,001 - $15,000 in shares of ABB NYSE: ABBNY on 8/8/2025.

Procter & Gamble Stock Performance

NYSE PG opened at $155.03 on Tuesday. The stock has a market cap of $363.13 billion, a P/E ratio of 23.81, a PEG ratio of 4.05 and a beta of 0.37. The company's 50-day simple moving average is $158.01 and its 200 day simple moving average is $163.60. Procter & Gamble Company has a twelve month low of $149.91 and a twelve month high of $180.43. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. The business had revenue of $20.89 billion for the quarter, compared to analysts' expectations 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 previous year, the firm posted $1.40 earnings per share. As a group, research analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Friday, July 18th will be paid a $1.0568 dividend. The ex-dividend date of this dividend is Friday, July 18th. This represents a $4.23 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble's payout ratio is presently 64.98%.

Institutional Investors Weigh In On Procter & Gamble

Several hedge funds have recently bought and sold shares of PG. Nova Wealth Management Inc. acquired a new stake in Procter & Gamble in the first quarter worth $26,000. Signature Resources Capital Management LLC raised its holdings in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock worth $28,000 after purchasing an additional 72 shares during the period. Navigoe LLC acquired a new stake in Procter & Gamble in the fourth quarter worth $31,000. Capital A Wealth Management LLC acquired a new stake in Procter & Gamble in the fourth quarter worth $31,000. Finally, Quarry LP acquired a new stake in Procter & Gamble in the first quarter worth $33,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Erste Group Bank cut shares of Procter & Gamble from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 30th. Bank of America decreased their price target on shares of Procter & Gamble from $190.00 to $180.00 and set a "buy" rating on the stock in a research note on Friday, April 25th. Raymond James Financial decreased their price target on shares of Procter & Gamble from $190.00 to $185.00 and set an "outperform" rating on the stock in a research note on Friday, April 25th. Wells Fargo & Company decreased their price target on shares of Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 30th. Finally, Piper Sandler increased their price target on shares of Procter & Gamble from $160.00 to $164.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Seven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $175.88.

View Our Latest Stock Analysis on Procter & Gamble

About Representative Smith

D. Adam Smith (Democratic Party) is a member of the U.S. House, representing Washington's 9th Congressional District. He assumed office on January 3, 1997. His current term ends on January 3, 2027. Smith (Democratic Party) is running for re-election to the U.S. House to represent Washington's 9th Congressional District. He declared candidacy for the 2026 election. Smith was first elected to the U.S. House in 1996. Since at least 2011 and including in 2019-2020, Smith was assigned to the Committee on Armed Services. Smith was a member of the Washington State Senate from 1991 to 1996 and worked as city prosecutor for Seattle, Washington, from 1993 to 1995. He was 25 when he was first elected to the state Senate in 1990 when he beat a long-time incumbent Republican to take the seat. Smith also won his first election to Congress in 1996 against an incumbent Republican, Randy Tate. He won that election with 50.1 percent of votes against Tate's 47.3 percent. He received an average of 59 percent of votes in all of his re-election bids from 1998 through 2018. Since redistricting in 2010 through the 2018 election, he won an average of 71 percent of votes in each general election. Smith was born in Washington, D.C. He earned his B.A. from Fordham University in 1987, and he earned his J.D. from the University of Washington in 1990.[1] Prior to his election to the United States House of Representatives, Smith served as a member of the Washington State Senate.

Procter & Gamble Company Profile

(Get Free Report)

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.

Further Reading

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.

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