Procter & Gamble Company (The) $PG Position Lowered by Wedbush Securities Inc.

Wedbush Securities Inc. reduced its stake in Procter & Gamble Company (The) (NYSE:PG) by 4.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 88,215 shares of the company’s stock after selling 4,293 shares during the period. Wedbush Securities Inc.’s holdings in Procter & Gamble were worth $12,816,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Procter & Gamble in the 2nd quarter worth approximately $27,862,105,000. State Street Corp grew its holdings in Procter & Gamble by 1.0% during the second quarter. State Street Corp now owns 102,216,308 shares of the company’s stock valued at $14,988,999,000 after purchasing an additional 965,461 shares during the period. Bank of America Corp DE bought a new position in Procter & Gamble during the second quarter valued at $3,850,628,000. Bank of New York Mellon Corp purchased a new stake in Procter & Gamble in the second quarter worth $2,281,505,000. Finally, Dimensional Fund Advisors LP increased its position in Procter & Gamble by 2.6% in the first quarter. Dimensional Fund Advisors LP now owns 11,797,916 shares of the company’s stock worth $1,704,182,000 after buying an additional 300,280 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock traded down $4.38 during trading hours on Friday, reaching $161.21. The company had a trading volume of 10,329,913 shares, compared to its average volume of 9,831,411. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The business has a fifty day simple moving average of $148.41 and a 200 day simple moving average of $147.09. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.47. The firm has a market cap of $374.43 billion, a PE ratio of 24.28, a price-to-earnings-growth ratio of 4.11 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a return on equity of 30.91% and a net margin of 18.23%. The business had revenue of $23.28 billion during the quarter, compared to analyst estimates of $22.80 billion. During the same quarter in the previous year, the firm earned $1.99 EPS. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. On average, analysts anticipate that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be paid 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 2.7%. Procter & Gamble’s payout ratio is currently 65.71%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Paul Gama sold 2,225 shares of the 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 $323,381.50. Following the sale, the chief executive officer directly owned 51,124 shares in the company, valued at $7,430,362.16. This represents a 4.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Susan Whaley sold 2,369 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $145.34, for a total transaction of $344,310.46. Following the completion of the transaction, the insider directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 15,135 shares of company stock valued at $2,189,970 in the last quarter. 0.23% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

PG has been the topic of several research reports. Freedom Broker upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 target price on the stock in a research note on Friday. The Goldman Sachs Group reiterated a “neutral” rating and set a $161.00 price target on shares of Procter & Gamble in a research note on Thursday. Jefferies Financial Group lifted their price objective on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Wells Fargo & Company boosted their price objective on Procter & Gamble from $164.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday. Finally, HSBC reaffirmed a “hold” rating and set a $149.00 price objective (down from $182.00) on shares of Procter & Gamble in a report on Thursday, July 30th. Fifteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus price target of $168.90.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: Multiple analysts raised targets and maintained bullish ratings. UBS lifted its target to $190 and retained a Buy rating, while Citigroup raised its target to $187, BNP Paribas Exane to $189, and JPMorgan to $180. Freedom Broker also upgraded PG from Hold to Buy with a $176 target. These revisions suggest analysts believe the earnings improvement and resilient demand can support further gains.
• Positive Sentiment: Fiscal Q1 results exceeded expectations. Adjusted EPS was $2.00 versus the $1.89 consensus, while revenue increased 4% year over year to $23.28 billion, topping estimates of approximately $22.80 billion. Organic sales also grew 4%, with volume contributing 2.4 percentage points. Procter & Gamble earnings beat as sales rise 4%
• Positive Sentiment: Demand and operating trends remain encouraging. Stronger volumes, favorable product mix, productivity savings, and resilient laundry and home-product sales supported the quarter. Investors also continue to value PG’s defensive business mix and 70-year record of dividend increases. P&G dividend history
• Neutral Sentiment: Fiscal 2027 guidance was mixed. The company raised its all-in sales-growth outlook, partly reflecting the Thorne acquisition, but projected revenue of $86.0 billion to $87.7 billion remains below the roughly $88.8 billion consensus. EPS guidance of $6.89 to $7.11 brackets expectations of $6.98.
• Negative Sentiment: Commodity and energy inflation remain the main risks. Higher oil, raw-material, transportation, and energy costs are expected to create an estimated $1.4 billion headwind and pressure margins. TD Cowen raised its target to $166 but kept a Hold rating, warning that cost inflation could limit the recovery. P&G commodity cost outlook

About Procter & Gamble

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.