Procter & Gamble Company (The) $PG Shares Sold by Private Wealth Asset Management LLC

Private Wealth Asset Management LLC decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 15.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,354 shares of the company’s stock after selling 3,939 shares during the quarter. Private Wealth Asset Management LLC’s holdings in Procter & Gamble were worth $3,435,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC purchased a new position in shares of Procter & Gamble during the 3rd quarter worth $25,000. Corundum Trust Company INC purchased a new position in shares of Procter & Gamble during the 3rd quarter worth about $32,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble in the second quarter worth approximately $34,000. RMG Wealth Management LLC acquired a new position in Procter & Gamble during the second quarter worth approximately $37,000. Finally, Marquette Asset Management LLC purchased a new position in Procter & Gamble during the third quarter worth approximately $37,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on PG. TD Cowen downgraded Procter & Gamble from a “buy” rating to a “hold” rating and upped their price objective for the stock from $150.00 to $156.00 in a report on Tuesday. UBS Group increased their target price on shares of Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. BNP Paribas Exane cut their target price on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Barclays set a $155.00 price target on Procter & Gamble in a report on Friday, January 16th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, December 29th. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $167.00.

Insider Activity at Procter & Gamble

In other news, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction that occurred on Friday, January 23rd. The stock was 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 owned 182,607 shares in the company, valued at approximately $27,601,048.05. This trade represents a 34.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

PG stock opened at $147.45 on Thursday. The company has a market capitalization of $342.68 billion, a PE ratio of 21.84, a P/E/G ratio of 4.93 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. The stock’s 50 day moving average is $144.84 and its two-hundred day moving average is $150.35. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $179.99.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The firm had revenue of $22.21 billion for the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be paid a dividend of $1.0568 per share. The ex-dividend date is Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio is presently 62.67%.

Procter & Gamble 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.