Douglass Winthrop Advisors LLC increased its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 115.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 254,871 shares of the company’s stock after buying an additional 136,482 shares during the period. Douglass Winthrop Advisors LLC’s holdings in Procter & Gamble were worth $39,161,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of PG. WP Advisors LLC grew its holdings in Procter & Gamble by 4.9% during the 2nd quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock worth $224,000 after acquiring an additional 66 shares during the period. Emprise Bank lifted its stake in shares of Procter & Gamble by 2.5% in the 3rd quarter. Emprise Bank now owns 2,766 shares of the company’s stock valued at $425,000 after purchasing an additional 68 shares during the period. Affiance Financial LLC boosted its position in shares of Procter & Gamble by 2.5% during the 3rd quarter. Affiance Financial LLC now owns 2,803 shares of the company’s stock valued at $431,000 after purchasing an additional 69 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its stake in Procter & Gamble by 12.9% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 621 shares of the company’s stock worth $99,000 after purchasing an additional 71 shares during the period. Finally, Dominguez Wealth Management Solutions Inc. grew its stake in Procter & Gamble by 0.3% during the third quarter. Dominguez Wealth Management Solutions Inc. now owns 20,464 shares of the company’s stock worth $3,144,000 after purchasing an additional 71 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.
Procter & Gamble Price Performance
Shares of NYSE PG opened at $153.24 on Thursday. The stock has a market cap of $356.13 billion, a price-to-earnings ratio of 22.70, a PEG ratio of 5.21 and a beta of 0.37. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $174.80. The firm’s 50-day simple moving average is $153.00 and its 200 day simple moving average is $151.08.
Procter & Gamble Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were given a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, January 23rd. Procter & Gamble’s dividend payout ratio is presently 62.67%.
Wall Street Analysts Forecast Growth
PG has been the topic of several recent analyst reports. JPMorgan Chase & Co. raised Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $157.00 to $165.00 in a research note on Friday, January 23rd. Wells Fargo & Company reiterated an “overweight” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research note on Tuesday, February 17th. Dbs Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. TD Cowen lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and increased their target price for the stock from $150.00 to $156.00 in a research note on Tuesday, January 27th. Finally, UBS Group raised their price target on shares of Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Fourteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $168.33.
Check Out Our Latest Analysis on Procter & Gamble
Insiders Place Their Bets
In other Procter & Gamble news, CEO Gary A. Coombe sold 36,093 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the transaction, the chief executive officer directly owned 34,994 shares in the company, valued at approximately $5,680,576.02. This trade represents a 50.77% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of Procter & Gamble stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the transaction, the insider directly owned 44,735 shares in the company, valued at $7,259,595.80. This represents a 25.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 348,618 shares of company stock worth $55,462,643 in the last three months. 0.20% of the stock is owned by corporate insiders.
Procter & Gamble News Summary
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: New product/partnership: Gillette Venus launched a limited-edition Gillette Venus x Rifle Paper Co. shave collection sold exclusively at Target — a targeted, design-driven SKU rollout that can drive incremental retail sales and brand engagement this season. Gillette Venus and Rifle Paper Co. Debut
- Positive Sentiment: Marketing push: Old Spice refreshed its high-profile “Mom Song” campaign with licensed music and a new creative push — such marketing often supports volume recovery in male grooming categories and helps defend share. Old Spice New Campaign
- Positive Sentiment: Analyst support: Recent analyst commentary and price-target raises (Wells Fargo lifted its PT to $177) reinforce a constructive longer-term view on staples stability and cash-flow-backed dividends. This can limit downside in a market dip. InsiderMonkey on P&G growth & Wells Fargo PT
- Positive Sentiment: Product upgrades: Coverage noting upgraded Mr. Clean and Gain lines suggests P&G is quietly refreshing core SKUs, supporting its brand moat and pricing power in household care categories. Are P&G’s Upgraded Mr. Clean and Gain Lines Redefining Its Moat?
- Neutral Sentiment: Income appeal: Multiple outlets (Investing.com, The Motley Fool) continue to list P&G as a Dividend King pick for investors seeking inflation protection and reliable payouts — supportive for steady demand but not an immediate catalyst. Worried About Inflation? These 2 Dividend Stocks 2 Unstoppable Dividend King Stocks
- Neutral Sentiment: Valuation/attention: Coverage highlighting recent share-price swings and valuation metrics has brought renewed scrutiny; that can increase short-term volatility as investors re-assess multiples versus peers. A Look At Procter & Gamble Valuation
- Negative Sentiment: Near-term selling: Zacks flagged that PG fell more steeply than the broader market in the latest session — immediate driver of today’s weakness as traders reacted to market-wide risk-off and rotational flows away from defensive names. Zacks: PG Falls More Steeply
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.
See Also
- Five stocks we like better than Procter & Gamble
- The gold chart Wall Street is terrified of…
- “This AI Giant is About to Go Bust”
- I tried out Elon Musk’s new AI tech — it floored me
- Elon Musk’s $1 Quadrillion AI IPO
- Is Trump Done? Shocking leak…
Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).
Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.
