Susan Street Whaley Sells 2,238 Shares of Procter & Gamble (NYSE:PG) Stock

Key Points

• Insider sale: Susan Street Whaley sold 2,238 Procter & Gamble shares for approximately $321,802 to cover tax withholding related to vested equity awards, reducing her direct holdings by 7.66% to 26,989 shares.
• Financial performance: P&G reported quarterly EPS of $1.43, beating estimates by $0.02, while revenue rose 1.5% year over year to $21.20 billion, slightly below expectations.
• Investor outlook: The company pays an annualized dividend of $4.35, yielding about 3.0%, and analysts maintain a “Moderate Buy” consensus with an average price target of $161.19 versus the reported share price of $145.71.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) insider Susan Street Whaley sold 2,238 shares of the firm's stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $321,802.02. Following the completion of the sale, the insider directly owned 26,989 shares in the company, valued at $3,880,748.31. This trade represents a 7.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Procter & Gamble Stock Performance

Shares of PG traded up $1.02 during mid-day trading on Monday, hitting $145.71. The company's stock had a trading volume of 2,139,759 shares, compared to its average volume of 9,938,932. The stock's 50-day moving average is $147.73 and its two-hundred day moving average is $148.66. The firm has a market capitalization of $338.68 billion, a PE ratio of 22.01, a price-to-earnings-growth ratio of 4.46 and a beta of 0.39. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.02. The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. Procter & Gamble's revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, sell-side analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were issued a $1.0885 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble's dividend payout ratio is 65.71%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on PG shares. Bank of America dropped their price objective on shares of Procter & Gamble from $170.00 to $166.00 and set a "buy" rating for the company in a research note on Friday, July 10th. UBS Group lifted their price objective on Procter & Gamble from $166.00 to $172.00 and gave the company a "buy" rating in a report on Monday, April 27th. BMO Capital Markets upped their price objective on Procter & Gamble from $169.00 to $170.00 and gave the company an "outperform" rating in a research note on Monday, June 29th. Argus cut Procter & Gamble from a "buy" rating to a "hold" rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Procter & Gamble in a research report on Wednesday. Thirteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble presently has a consensus rating of "Moderate Buy" and a consensus price target of $161.19.

Hedge Funds Weigh In On Procter & Gamble

Institutional investors and hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System increased its stake in shares of Procter & Gamble by 14,323.0% in the second quarter. California State Teachers Retirement System now owns 516,914,798 shares of the company's stock valued at $75,800,386,000 after buying an additional 513,330,829 shares in the last quarter. Washington Trust Advisors Inc. lifted its position in Procter & Gamble by 4.4% during the 2nd quarter. Washington Trust Advisors Inc. now owns 18,292 shares of the company's stock worth $2,682,000 after buying an additional 778 shares in the last quarter. Ameritas Advisory Services LLC lifted its position in Procter & Gamble by 30.8% during the 2nd quarter. Ameritas Advisory Services LLC now owns 49,385 shares of the company's stock worth $7,242,000 after buying an additional 11,621 shares in the last quarter. Henrickson Nauta Wealth Advisors Inc. grew its holdings in Procter & Gamble by 8.7% during the 2nd quarter. Henrickson Nauta Wealth Advisors Inc. now owns 1,842 shares of the company's stock worth $270,000 after acquiring an additional 147 shares during the last quarter. Finally, Wedmont Private Capital increased its position in Procter & Gamble by 1.7% in the 2nd quarter. Wedmont Private Capital now owns 27,408 shares of the company's stock valued at $4,030,000 after acquiring an additional 457 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Company Profile

Procter & Gamble NYSE: PG is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world's largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G's product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

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