Procter & Gamble Company (The) $PG Shares Sold by Hollow Brook Wealth Management LLC

Hollow Brook Wealth Management LLC lowered its holdings in Procter & Gamble Company (The) (NYSE:PG) by 51.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 32,294 shares of the company’s stock after selling 34,298 shares during the quarter. Procter & Gamble makes up approximately 0.8% of Hollow Brook Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding. Hollow Brook Wealth Management LLC’s holdings in Procter & Gamble were worth $4,692,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Woodmont Investment Counsel LLC lifted its holdings in Procter & Gamble by 1.5% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 89,669 shares of the company’s stock worth $13,027,000 after purchasing an additional 1,327 shares in the last quarter. Pinkerton Wealth LLC grew its holdings in Procter & Gamble by 8.4% during the 3rd quarter. Pinkerton Wealth LLC now owns 38,706 shares of the company’s stock valued at $5,623,000 after buying an additional 2,987 shares in the last quarter. Virtue Capital Management LLC increased its position in shares of Procter & Gamble by 7.7% during the third quarter. Virtue Capital Management LLC now owns 8,737 shares of the company’s stock valued at $1,269,000 after buying an additional 628 shares during the period. Heritage Investors Management Corp increased its position in shares of Procter & Gamble by 0.9% during the third quarter. Heritage Investors Management Corp now owns 74,955 shares of the company’s stock valued at $10,889,000 after buying an additional 682 shares during the period. Finally, Hennessy Advisors Inc. increased its position in shares of Procter & Gamble by 1.1% during the third quarter. Hennessy Advisors Inc. now owns 86,500 shares of the company’s stock valued at $12,567,000 after buying an additional 900 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Analyst upgrade: Freedom Broker upgraded PG from “hold” to “buy,” providing a positive signal for the stock and reflecting greater confidence in the company’s outlook. Freedom Broker upgrades Procter & Gamble to buy from hold
• Positive Sentiment: Dividend appeal remains strong: Articles highlighted PG as a long-standing dividend leader, supporting its appeal to income-focused and defensive investors. The company’s record of dividend increases may help underpin demand for the shares, particularly when investors favor stable consumer-staples businesses. Dividend Kings article Trusted dividend stocks article
• Neutral Sentiment: Bond issuance adds balance-sheet context: PG’s euro- and dollar-denominated bond sale provides liquidity and funding flexibility, but it also draws attention to leverage, interest costs, and the company’s relatively elevated valuation. Procter & Gamble bond sale
• Neutral Sentiment: Growth story under review: Commentary on PG points to accelerating revenue growth, while also noting that higher operating costs could pressure margins and earnings. Investors are weighing improved sales momentum against cost inflation. Procter & Gamble revenue growth and costs What changed in Procter & Gamble’s story
• Negative Sentiment: Mixed rating signals and valuation risk: DZ Bank downgraded PG from “strong-buy” to “hold.” With shares trading at a premium valuation, a more cautious analyst stance could weigh on upside unless earnings growth accelerates. DZ Bank rating change
• Negative Sentiment: Advertising challenge produced only a limited win: Following PG’s challenge, the National Advertising Division supported Carpe’s $19.95 reference price but recommended changes or removal of other savings, free-shipping, comparative-performance, and “first” 100-hour protection claims. The outcome may modestly strengthen competitive advertising standards, but it does not represent a material financial catalyst for PG. National Advertising Division decision involving Carpe

Insider Activity

In related news, CFO Andre Schulten sold 3,914 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $145.34, for a total value of $568,860.76. Following the completion of the transaction, the chief financial officer directly owned 65,618 shares in the company, valued at approximately $9,536,920.12. The trade was a 5.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Paul Gama sold 4,331 shares of the stock in a transaction on Friday, October 23rd. The shares were sold at an average price of $161.27, for a total value of $698,460.37. Following the completion of the transaction, the chief executive officer directly owned 46,793 shares in the company, valued at approximately $7,546,307.11. This represents a 8.47% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 58,647 shares of company stock worth $9,268,508. Corporate insiders own 0.23% of the company’s stock.

Procter & Gamble Stock Down 0.1%

Shares of NYSE PG opened at $161.42 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average of $149.99 and a 200-day moving average of $148.94. The firm has a market capitalization of $374.14 billion, a price-to-earnings ratio of 24.31, a PEG ratio of 3.97 and a beta of 0.36. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month 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 for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The business had revenue of $23.28 billion for the quarter, compared to the consensus estimate of $22.80 billion. During the same period last year, the firm posted $1.99 earnings per share. Procter & Gamble’s quarterly revenue was up 4.0% on a year-over-year basis. Sell-side analysts expect that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be issued a $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.7%. Procter & Gamble’s dividend payout ratio is presently 65.51%.

Analyst Upgrades and Downgrades

PG has been the subject of a number of analyst reports. UBS Group set a $166.00 price objective on shares of Procter & Gamble in a research report on Friday, October 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, September 21st. Barclays upped their target price on shares of Procter & Gamble from $152.00 to $165.00 and gave the stock an “equal weight” rating in a report on Monday, October 26th. DZ Bank cut shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 27th. Finally, Freedom Broker raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a report on Friday, October 23rd. Fifteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $170.57.

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.