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

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.

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

Shares of Procter & Gamble stock traded up $0.64 on Friday, reaching $154.38. 1,241,583 shares of the stock were exchanged, compared to its average volume of 8,133,724. 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. The firm has a market capitalization of $361.61 billion, a price-to-earnings ratio of 23.70, a PEG ratio of 4.10 and a beta of 0.37. The business has a 50 day moving average price of $157.38 and a two-hundred day moving average price of $163.37.

Procter & Gamble (NYSE:PG - Get Free Report) last issued 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 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 analysts' expectations of $20.79 billion. During the same period in the previous year, the business earned $1.40 earnings per share. The firm's revenue for the quarter was up 1.7% on a year-over-year basis. Analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

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 dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, July 18th. Procter & Gamble's payout ratio is 64.98%.

Institutional Investors Weigh In On Procter & Gamble

Hedge funds have recently bought and sold shares of 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 increased its holdings in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company's stock worth $28,000 after buying an additional 72 shares in the last quarter. Navigoe LLC bought a new position in shares of Procter & Gamble in the fourth quarter valued at approximately $31,000. Capital A Wealth Management LLC bought a new position in shares of Procter & Gamble in the fourth quarter valued at approximately $31,000. Finally, Quarry LP bought a new position in shares of Procter & Gamble in the first quarter valued at approximately $33,000. 65.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reiterated a "neutral" rating and issued a $170.00 price objective (down previously from $178.00) on shares of Procter & Gamble in a report on Friday, July 25th. Bank of America reduced their target price on Procter & Gamble from $190.00 to $180.00 and set a "buy" rating for the company in a report on Friday, April 25th. Wells Fargo & Company decreased their price objective on Procter & Gamble from $175.00 to $173.00 and set an "overweight" rating for the company in a research report on Wednesday, July 30th. Piper Sandler increased their target price on Procter & Gamble from $160.00 to $164.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. Finally, Barclays set a $164.00 target price on Procter & Gamble and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $175.88.

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

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.