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

Townsquare Capital LLC lessened its holdings in Procter & Gamble Company (The) (NYSE:PG) by 22.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,315 shares of the company’s stock after selling 7,749 shares during the period. Townsquare Capital LLC’s holdings in Procter & Gamble were worth $4,043,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Brighton Jones LLC raised its stake in shares of Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares during the period. Taylor Financial Group Inc. lifted its position in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after acquiring an additional 277 shares in the last quarter. Sivia Capital Partners LLC grew its position in Procter & Gamble by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after acquiring an additional 1,016 shares in the last quarter. Auxano Advisors LLC lifted its position in shares of Procter & Gamble by 10.8% during the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after purchasing an additional 714 shares in the last quarter. Finally, HS Management Partners LLC boosted its stake in shares of Procter & Gamble by 22.4% in the second quarter. HS Management Partners LLC now owns 277,895 shares of the company’s stock valued at $44,274,000 after purchasing an additional 50,775 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity

In other news, insider Marc S. Pritchard sold 95,903 shares of the stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the transaction, the insider directly owned 182,607 shares in the company, valued at $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.20% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Rothschild & Co Redburn boosted their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, January 23rd. UBS Group upped their price target on shares of Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and boosted their target price for the stock from $156.00 to $179.00 in a research report on Tuesday, December 16th. Bank of America decreased their price target on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. raised Procter & Gamble from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $157.00 to $165.00 in a report on Friday, January 23rd. Thirteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $167.00.

Procter & Gamble Trading Up 1.7%

Procter & Gamble stock opened at $149.79 on Friday. The firm has a 50-day moving average price of $144.87 and a two-hundred day moving average price of $150.34. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $179.99. The firm has a market capitalization of $348.12 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 4.89 and a beta of 0.39. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49.

Procter & Gamble (NYSE:PG) last posted its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. During the same period last year, the firm earned $1.88 EPS. The firm’s revenue was up 1.5% compared to the same quarter last year. 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 Dividend Announcement

The business 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 dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, January 23rd. Procter & Gamble’s payout ratio is 62.67%.

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.