Northwestern Mutual Wealth Management Co. Has $108.46 Million Stock Holdings in Procter & Gamble Company (The) $PG

Northwestern Mutual Wealth Management Co. decreased its stake in Procter & Gamble Company (The) (NYSE:PG) by 0.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 739,647 shares of the company’s stock after selling 4,211 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Procter & Gamble were worth $108,462,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Management Group Inc. increased its stake in shares of Procter & Gamble by 2.4% during the 2nd quarter. Private Management Group Inc. now owns 3,842 shares of the company’s stock worth $563,000 after purchasing an additional 90 shares during the last quarter. Wedbush Securities Inc. lifted its position in shares of Procter & Gamble by 2.7% in the second quarter. Wedbush Securities Inc. now owns 92,508 shares of the company’s stock worth $13,565,000 after buying an additional 2,391 shares during the last quarter. Spinnaker Trust boosted its stake in shares of Procter & Gamble by 0.8% during the 2nd quarter. Spinnaker Trust now owns 40,676 shares of the company’s stock worth $5,965,000 after acquiring an additional 320 shares in the last quarter. New Mexico Educational Retirement Board increased its holdings in shares of Procter & Gamble by 7.5% during the 2nd quarter. New Mexico Educational Retirement Board now owns 115,568 shares of the company’s stock valued at $16,947,000 after acquiring an additional 8,100 shares during the last quarter. Finally, Royal London Asset Management Ltd. lifted its holdings in Procter & Gamble by 2.2% in the 2nd quarter. Royal London Asset Management Ltd. now owns 1,713,412 shares of the company’s stock worth $251,255,000 after purchasing an additional 36,195 shares during the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Stock Up 0.5%

PG opened at $145.86 on Wednesday. The firm has a market cap of $338.78 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 4.47 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. The firm’s 50-day simple moving average is $146.96 and its 200-day simple moving average is $148.02. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25.

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

Procter & Gamble Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts recently commented on PG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. JPMorgan Chase & Co. cut their price target on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Argus downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Friday, August 7th. Citigroup reduced their price target on shares of Procter & Gamble from $181.00 to $170.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Jefferies Financial Group upped their price objective on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $161.19.

Procter & Gamble News Summary

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

• Positive Sentiment: Tariff recovery improves cash flow: P&G recovered approximately $100 million in tariffs it had previously paid after those charges were ruled illegal. The reimbursement should provide a modest financial benefit and removes some cost pressure. P&G has gotten back $100M in Trump tariffs it paid
• Positive Sentiment: Dividend appeal remains strong: Recent commentary highlights PG’s roughly 3% yield, long record of annual dividend increases and potential for compounding income over time. The stock continues to be viewed as a defensive holding for retirees and long-term dividend investors. Why P&G’s 3% Yield Could Matter More to Long-Term Dividend Investors
• Positive Sentiment: Defensive positioning: Analysts and investing publications continue to recommend P&G as a dependable consumer-staples dividend stock, citing its brand portfolio, productivity efforts, innovation and robust cash returns. The Best Dividend Stock for 2027 and Beyond: Procter & Gamble

Insiders Place Their Bets

In related news, CAO Matthew W. Janzaruk sold 359 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $145.24, for a total transaction of $52,141.16. Following the transaction, the chief accounting officer owned 1,271 shares in the company, valued at $184,600.04. This represents a 22.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Susan Street Whaley sold 2,238 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $321,802.02. Following the sale, the insider directly owned 26,989 shares in the company, valued at approximately $3,880,748.31. This represents a 7.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 6,627 shares of company stock valued at $953,417. 0.20% of the stock is currently owned by corporate insiders.

About Procter & Gamble

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.