Procter & Gamble Company (The) $PG Shares Sold by Parthenon LLC

Parthenon LLC lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 4.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 137,752 shares of the company’s stock after selling 5,851 shares during the quarter. Procter & Gamble comprises approximately 2.3% of Parthenon LLC’s investment portfolio, making the stock its 12th largest holding. Parthenon LLC’s holdings in Procter & Gamble were worth $21,166,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Orca Investment Management LLC lifted its position in shares of Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after buying an additional 64 shares during the last quarter. Access Financial Services Inc. boosted its holdings in Procter & Gamble by 0.6% in the 2nd quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock valued at $1,735,000 after purchasing an additional 65 shares in the last quarter. Sovereign Financial Group Inc. boosted its position in shares of Procter & Gamble by 1.1% during the 2nd quarter. Sovereign Financial Group Inc. now owns 5,823 shares of the company’s stock worth $928,000 after purchasing an additional 65 shares in the last quarter. WP Advisors LLC increased its holdings in shares of Procter & Gamble by 4.9% in the 2nd quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock valued at $224,000 after purchasing an additional 66 shares in the last quarter. Finally, MADDEN SECURITIES Corp lifted its stake in shares of Procter & Gamble by 4.6% in the second quarter. MADDEN SECURITIES Corp now owns 1,531 shares of the company’s stock valued at $244,000 after purchasing an additional 68 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insiders Place Their Bets

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the sale, the chief accounting officer owned 979 shares in the company, valued at approximately $146,429.03. The trade was a 42.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.20% of the company’s stock.

Procter & Gamble Stock Up 0.2%

PG opened at $150.19 on Monday. The firm has a 50 day moving average price of $144.72 and a 200 day moving average price of $150.49. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.51 and a current ratio of 0.72. The company has a market cap of $350.95 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 5.08 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a return on equity of 32.10% and a net margin of 19.30%.The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period last year, the firm earned $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be given a $1.0568 dividend. The ex-dividend date is Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s payout ratio is 62.67%.

Wall Street Analyst Weigh In

PG has been the topic of several research reports. Raymond James Financial lowered their target price on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. BNP Paribas Exane dropped their target price on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Rothschild & Co Redburn lifted their price objective on Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday. Bank of America lowered their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. Fourteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $166.70.

Procter & Gamble 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.