Procter & Gamble Company (The) $PG Stock: SYM FINANCIAL Corp Grows Holdings

SYM FINANCIAL Corp raised its holdings in Procter & Gamble Company (The) (NYSE:PG) by 83.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,443 shares of the company’s stock after buying an additional 3,390 shares during the period. SYM FINANCIAL Corp’s holdings in Procter & Gamble were worth $1,081,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Black Diamond Financial LLC raised its stake in shares of Procter & Gamble by 11.5% in the third quarter. Black Diamond Financial LLC now owns 3,488 shares of the company’s stock worth $507,000 after purchasing an additional 359 shares during the last quarter. Penobscot Investment Management Company Inc. lifted its holdings in shares of Procter & Gamble by 2.8% in the third quarter. Penobscot Investment Management Company Inc. now owns 63,905 shares of the company’s stock valued at $9,284,000 after purchasing an additional 1,726 shares in the last quarter. Cahaba Wealth Management Inc. boosted its position in shares of Procter & Gamble by 3.9% during the third quarter. Cahaba Wealth Management Inc. now owns 4,276 shares of the company’s stock valued at $621,000 after buying an additional 162 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of Procter & Gamble by 3.3% during the third quarter. Park Avenue Securities LLC now owns 117,224 shares of the company’s stock valued at $17,030,000 after buying an additional 3,720 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its position in shares of Procter & Gamble by 8.5% during the third quarter. Verdence Capital Advisors LLC now owns 48,659 shares of the company’s stock valued at $7,069,000 after buying an additional 3,825 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Evercore raised Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target for the company in a research report on Tuesday, October 6th. Argus cut Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Friday, August 7th. Wells Fargo & Company lifted their price objective on shares of Procter & Gamble from $164.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, September 21st. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $149.00 target price on shares of Procter & Gamble in a report on Monday, August 24th. Fifteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $170.57.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Freedom Broker upgraded PG’s depositary receipt from “Hold” to “Buy,” adding to a generally favorable analyst view. Recent commentary also points to P&G’s strong market shares in household and personal-care products and its appeal as a high-yield defensive investment. Freedom Broker upgrade P&G dividend comparison
• Positive Sentiment: PG remains prominent among “Dividend Kings,” with decades of annual payout increases. Its dependable demand for products such as toothpaste, detergent and diapers may continue attracting income-focused investors, particularly during uncertain economic conditions. Consumer Staples Dividend Kings
• Positive Sentiment: One market report said ETFs purchased approximately $82.8 million of PG stock on October 22, suggesting continued institutional demand. The company also recently exceeded quarterly earnings and revenue expectations, with revenue rising 4% year over year. ETF purchases of PG
• Neutral Sentiment: Commentary notes that P&G is up about 16% this year and has outperformed the S&P 500. That momentum supports sentiment, but it also raises questions about how much additional upside is already reflected in the stock’s valuation. P&G outperformance
• Negative Sentiment: Higher oil prices could increase manufacturing, packaging and transportation costs, potentially pressuring margins if P&G cannot offset them through pricing or productivity improvements. Higher oil prices and PG
• Negative Sentiment: Analysts are examining an unsettled issue beneath the stock’s recent strength, while a Habitat Care business realignment has prompted concerns about segment comparability and profit transparency. These issues could make future results harder to assess. Unsettled question under PG Habitat Care realignment
• Negative Sentiment: Several insiders sold shares, including CEO Shailesh Jejurikar’s approximately $5.7 million sale and additional executive transactions. While such sales may reflect personal financial planning, the reduced insider ownership creates a modest sentiment overhang. SEC insider filing

Procter & Gamble Price Performance

PG stock opened at $159.14 on Wednesday. The stock’s fifty day simple moving average is $149.01 and its two-hundred day simple moving average is $148.67. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $167.25.

Procter & Gamble (NYSE:PG) last announced its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.11. The business had revenue of $23.28 billion for the quarter, compared to analysts’ expectations of $22.80 billion. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.99 earnings per share. On average, equities research analysts forecast that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 annualized dividend and a yield of 2.7%.

Insiders Place Their Bets

In related news, insider Susan Whaley sold 2,369 shares of Procter & Gamble stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $145.34, for a total value of $344,310.46. Following the sale, the insider owned 30,730 shares of the company’s stock, valued at approximately $4,466,298.20. The trade was a 7.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Balaji Purushothaman sold 4,181 shares of the company’s stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $160.71, for a total value of $671,928.51. Following the completion of the transaction, the insider owned 11,296 shares in the company, valued at approximately $1,815,380.16. The trade was a 27.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 58,647 shares of company stock valued at $9,268,508. Company insiders own 0.23% of the company’s stock.

Procter & Gamble Profile

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.