Procter & Gamble (NYSE:PG) Stock: Insider Matthew Janzaruk Sells 9,479 Shares

Procter & Gamble Company (The) (NYSE:PG) CAO Matthew Janzaruk sold 9,479 shares of Procter & Gamble stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total value of $1,545,077.00. Following the completion of the sale, the chief accounting officer owned 1,271 shares of the company’s stock, valued at $207,173. The trade was a 88.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $167.37 on Thursday. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $168.17. The business has a 50-day simple moving average of $151.12 and a two-hundred day simple moving average of $149.23. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.53 and a current ratio of 0.72. The firm has a market cap of $387.93 billion, a price-to-earnings ratio of 25.21, a price-to-earnings-growth ratio of 3.98 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. The firm had revenue of $23.28 billion for the quarter, compared to the consensus estimate of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.99 EPS. On average, analysts expect that Procter & Gamble Company will post 6.99 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be given a dividend of $1.0885 per share. The ex-dividend date is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble’s dividend payout ratio is 65.51%.

Key Headlines Impacting Procter & Gamble

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

• Positive Sentiment: Following the midterm elections, investors have favored established dividend payers such as P&G. The company’s recent quarter showed resilience: earnings and revenue topped consensus estimates, while sales grew 4% year over year. Article: Dividend Kings reach 52-week highs
• Positive Sentiment: P&G’s pricing power and strong brand loyalty may help it preserve sales and dividend purchasing power while inflation remains above 3%. It has raised its dividend for 70 consecutive years, reinforcing its appeal to income-focused investors. Article: Dividend stocks with pricing power
• Neutral Sentiment: P&G closed a €3.25 billion euro-note offering. The financing raises capital, but also entails debt obligations; the report did not detail how proceeds will be used. Article: Euro note offering
• Negative Sentiment: Rising costs and value-conscious shoppers could pressure growth in P&G’s premium brands, even as innovation and customer loyalty remain strengths. Article: Premium brands in a value-seeking market
• Negative Sentiment: Multiple insiders, including executives and the chief accounting officer, recently reported share sales. These transactions may concern investors, though sales alone do not necessarily signal a negative view of the company. Article: CEO share sale

Hedge Funds Weigh In On Procter & Gamble

Several institutional investors have recently made changes to their positions in PG. Mowery & Schoenfeld Wealth Management LLC purchased a new position in Procter & Gamble during the second quarter valued at $26,000. Montgomery Financial Services LLC bought a new stake in Procter & Gamble during the second quarter valued at about $28,000. Paladin Partners LLC bought a new stake in Procter & Gamble during the second quarter valued at about $29,000. Toews Corp ADV purchased a new stake in Procter & Gamble in the second quarter worth about $37,000. Finally, Evergreen Advisors LLC purchased a new stake in Procter & Gamble in the first quarter worth about $37,000. Institutional investors own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. BNP Paribas Exane lifted their target price on shares of Procter & Gamble from $177.00 to $189.00 and gave the stock an “outperform” rating in a research report on Friday, October 23rd. Morgan Stanley boosted their target price on shares of Procter & Gamble from $166.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. TD Cowen increased their price target on Procter & Gamble from $150.00 to $166.00 and gave the company a “hold” rating in a report on Friday, October 23rd. Wells Fargo & Company raised their price target on Procter & Gamble from $164.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, October 23rd. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $161.00 price objective on shares of Procter & Gamble in a report on Thursday, October 22nd. Fifteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target 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.