Procter & Gamble Company (The) $PG Stock: Calamos Advisors LLC Raises Stake

Calamos Advisors LLC increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 484,794 shares of the company’s stock after acquiring an additional 7,529 shares during the quarter. Calamos Advisors LLC’s holdings in Procter & Gamble were worth $70,431,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Alta Advisers Ltd increased its holdings in shares of Procter & Gamble by 86.0% during the third quarter. Alta Advisers Ltd now owns 16,400 shares of the company’s stock worth $2,383,000 after purchasing an additional 7,582 shares during the period. Ullmann Wealth Partners Group LLC raised its position in shares of Procter & Gamble by 3.0% in the third quarter. Ullmann Wealth Partners Group LLC now owns 16,604 shares of the company’s stock valued at $2,412,000 after buying an additional 477 shares in the last quarter. Principle Wealth Partners LLC raised its position in shares of Procter & Gamble by 1.2% in the third quarter. Principle Wealth Partners LLC now owns 75,601 shares of the company’s stock valued at $10,983,000 after buying an additional 892 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Procter & Gamble by 9.6% in the third quarter. Kestra Advisory Services LLC now owns 620,215 shares of the company’s stock valued at $90,105,000 after buying an additional 54,539 shares during the period. Finally, Claro Advisors Inc. boosted its stake in shares of Procter & Gamble by 5.5% in the third quarter. Claro Advisors Inc. now owns 26,638 shares of the company’s stock valued at $3,870,000 after buying an additional 1,391 shares during the period. Institutional investors own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other news, insider Victor Aguilar sold 18,812 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $164.43, for a total value of $3,093,257.16. Following the sale, the insider directly owned 55,243 shares in the company, valued at approximately $9,083,606.49. This trade represents a 25.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Shailesh Jejurikar sold 35,000 shares of Procter & Gamble stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $163.09, for a total transaction of $5,708,150.00. Following the sale, the chief executive officer directly owned 55,391 shares in the company, valued at $9,033,718.19. This trade represents a 38.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 161,709 shares of company stock valued at $26,244,058. 0.23% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on PG. Barclays raised their price objective on Procter & Gamble from $152.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Monday, October 26th. Royal Bank Of Canada set a $169.00 target price on Procter & Gamble in a research report on Friday, October 23rd. Argus lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, August 7th. TD Cowen raised their price target on Procter & Gamble from $150.00 to $166.00 and gave the stock a “hold” rating in a research report on Friday, October 23rd. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $161.00 price target on shares of Procter & Gamble in a research note on Thursday, October 22nd. Fifteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $170.57.

Procter & Gamble Price Performance

Shares of PG stock traded down $1.79 during trading hours on Friday, reaching $165.31. The company’s stock had a trading volume of 7,872,284 shares, compared to its average volume of 10,330,998. The firm’s 50 day simple moving average is $152.01 and its 200-day simple moving average is $149.43. The company has a market capitalization of $383.15 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 4.02 and a beta of 0.36. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $170.52. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The business had revenue of $23.28 billion during the quarter, compared to the consensus estimate of $22.80 billion. During the same period in the prior year, the company earned $1.99 EPS. Procter & Gamble’s revenue for the quarter was up 4.0% on a year-over-year basis. Sell-side analysts forecast that Procter & Gamble Company will post 6.99 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be issued a $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.6%. Procter & Gamble’s dividend payout ratio is 65.51%.

Key Headlines Impacting Procter & Gamble

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

• Positive Sentiment: P&G has raised its dividend for 70 consecutive years. Its quarterly payout is about $1.09 per share, equivalent to a roughly 2.6% yield, supporting the stock’s appeal to income-focused investors. Article: P&G dividend history and yield
• Positive Sentiment: Recent coverage points to investor interest in consumer-staples stocks as technology shares weaken. P&G may benefit from its defensive profile and dividend reputation. Article: Consumer staples rotation
• Neutral Sentiment: Zacks Research made mixed earnings-estimate changes: it lowered several forecasts for 2027 and 2028, while modestly raising some later-period estimates. The mixed revisions offer no clear overall change in the longer-term outlook. Procter & Gamble analyst estimates
• Neutral Sentiment: Management will discuss strategy and P&G’s long-term transformation at an Investor Day webcast on November 19; investors may look for updates on growth and execution. Article: P&G Investor Day webcast
• Negative Sentiment: CFO Andre Schulten sold 33,624 shares for about $5.55 million, reducing his direct stake by roughly 34%. The sale may concern investors, although insider transactions alone do not establish a change in the company’s prospects. Article: CFO share sale

Procter & Gamble Company Profile