3,874 Procter & Gamble Company (The) $PG Shares Sold by BDF Gestion

BDF Gestion decreased its position in Procter & Gamble Company (The) (NYSE:PG) by 11.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 30,542 shares of the company’s stock after selling 3,874 shares during the period. BDF Gestion’s holdings in Procter & Gamble were worth $4,437,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PG. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the second quarter valued at approximately $26,000. Montgomery Financial Services LLC acquired a new position in shares of Procter & Gamble in the second quarter worth $28,000. Paladin Partners LLC purchased a new stake in shares of Procter & Gamble in the second quarter valued at $29,000. Sankala Group LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at $30,000. Finally, Evergreen Advisors LLC acquired a new stake in shares of Procter & Gamble during the first quarter valued at $37,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling

In other Procter & Gamble news, insider Susan Whaley sold 2,369 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $145.34, for a total value of $344,310.46. Following the completion of the sale, the insider directly owned 30,730 shares of the company’s stock, valued at approximately $4,466,298.20. This represents a 7.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Paul Gama sold 2,225 shares of the firm’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $145.34, for a total value of $323,381.50. Following the sale, the chief executive officer directly owned 51,124 shares of the company’s stock, valued at approximately $7,430,362.16. This represents a 4.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 15,135 shares of company stock worth $2,189,970 in the last ninety days. Insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

PG has been the topic of several analyst reports. UBS Group reaffirmed a “buy” rating on shares of Procter & Gamble in a research note on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, September 21st. Jefferies Financial Group lifted their target price on shares of Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Bank of America cut their price target on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a report on Friday, July 10th. Finally, TD Cowen reissued a “hold” rating and set a $150.00 price target on shares of Procter & Gamble in a research note on Wednesday, September 30th. Fourteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.20.

Procter & Gamble Stock Down 1.2%

PG stock traded down $1.93 during mid-day trading on Monday, hitting $157.42. 3,445,057 shares of the company were exchanged, compared to its average volume of 9,668,325. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $365.63 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 3.96 and a beta of 0.39. The firm has a fifty day simple moving average of $146.88 and a 200 day simple moving average of $146.53.

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

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be issued a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 annualized dividend and a yield of 2.8%. Procter & Gamble’s payout ratio is presently 65.71%.

Procter & Gamble Company 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.