Madison Asset Management LLC Sells 6,498 Shares of Procter & Gamble Company (The) $PG

Madison Asset Management LLC reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 5.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 123,196 shares of the company’s stock after selling 6,498 shares during the quarter. Madison Asset Management LLC’s holdings in Procter & Gamble were worth $18,065,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares in the last quarter. Park Square Financial Group LLC raised its position in Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares in the last quarter. Evolution Wealth Management Inc. lifted its stake in Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the 2nd quarter valued at $26,000. Finally, Litman Gregory Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the 4th quarter valued at $26,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Marc S. Pritchard sold 4,030 shares of the business’s stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $579,473.70. Following the sale, the insider owned 187,001 shares of the company’s stock, valued at $26,888,873.79. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the stock in a transaction on Monday, August 24th. The shares were sold at an average price of $145.24, for a total value of $52,141.16. Following the completion of the sale, the chief accounting officer owned 1,271 shares of the company’s stock, valued at $184,600.04. The trade was a 22.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,627 shares of company stock valued at $953,417 in the last ninety days. 0.20% of the stock is currently owned by insiders.

Procter & Gamble Price Performance

Shares of PG opened at $146.61 on Tuesday. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. The stock has a market cap of $340.79 billion, a PE ratio of 22.15, a PEG ratio of 4.46 and a beta of 0.39. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $167.25. The business has a 50-day simple moving average of $147.66 and a two-hundred day simple moving average of $148.60.

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

Procter & Gamble Announces Dividend

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

Wall Street Analyst Weigh In

PG has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $163.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $149.00 target price on shares of Procter & Gamble in a research report on Monday. Barclays boosted their target price on Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Royal Bank Of Canada reissued an “outperform” rating on shares of Procter & Gamble in a report on Wednesday, August 19th. Finally, Wells Fargo & Company lifted their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a report on Monday, April 27th. Thirteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $161.19.

Trending Headlines about Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Brokerages give PG an average “Moderate Buy” rating, with a consensus price target of $161.19 versus the recent share price near $146.61. That implies analysts see potential upside despite the stock’s premium valuation. Procter & Gamble Given Average Recommendation of Moderate Buy
• Positive Sentiment: Commentary is refocusing attention on PG’s dividend strength. The company recently paid a quarterly dividend of $1.0885 per share, equivalent to an annualized $4.35 and an approximately 3.0% yield, supporting its appeal to income-oriented and defensive investors. Procter & Gamble Dividend Strength Returns to Focus
• Positive Sentiment: PG continues to be highlighted as a long-term dividend and consumer-staples holding, reinforcing the stock’s stability appeal when investors favor established cash-generating businesses. Dividend Stocks to Buy Before August Ends
• Neutral Sentiment: Insiders Marc Pritchard and Susan Street Whaley sold shares specifically to cover tax withholding obligations connected with equity-award vesting. These sales are less concerning than open-market sales reflecting a negative view of PG’s outlook. Procter & Gamble Insider Sale
• Negative Sentiment: Chief Accounting Officer Matthew W. Janzaruk sold 359 shares, reducing his position by about 22%. Although small in dollar terms, the transaction may create modest sentiment pressure because it was not identified as a tax-withholding sale.
• Negative Sentiment: PG’s latest quarter showed revenue growth of only 1.5% year over year, with revenue below expectations and earnings down from the prior-year period. With shares trading at roughly 22 times earnings, investors may question whether the valuation adequately reflects the company’s limited near-term growth.

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.