Procter & Gamble Company (The) $PG Stake Boosted by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund increased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.1% in the third quarter, HoldingsChannel reports. The firm owned 246,112 shares of the company’s stock after buying an additional 9,792 shares during the period. Illinois Municipal Retirement Fund’s holdings in Procter & Gamble were worth $35,755,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of PG. Baxter Bros Inc. bought a new position in Procter & Gamble during the second quarter worth $12,381,000. Empowered Funds LLC bought a new position in shares of Procter & Gamble in the second quarter valued at about $53,549,000. Capstone Capital Management Ltd bought a new position in shares of Procter & Gamble in the third quarter valued at about $991,000. Bank of America Corp DE bought a new position in Procter & Gamble in the 2nd quarter valued at about $3,850,628,000. Finally, Rokos Capital Management LLP acquired a new stake in Procter & Gamble during the 1st quarter worth approximately $29,914,000. Institutional investors own 65.77% of the company’s stock.

Key Procter & Gamble News

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

• Positive Sentiment: PG’s Beauty business posted 5% organic sales growth in fiscal Q1 2027, supported by Pantene and SK-II, product innovation, and stronger brand execution. Sustaining that momentum could help support growth, though its impact on the broader business remains uncertain. Article: Is Procter & Gamble’s Beauty Momentum Enough to Lift Growth?
• Neutral Sentiment: P&G named Shalini Saraswat Brand Director and Business Head for Pantene India, bringing prior P&G brand leadership and R&D experience. The appointment supports the company’s focus on hair care in India, but no expected financial effect was specified. Article: What Does Procter & Gamble Naming a New India Beauty Head Signal?
• Neutral Sentiment: In an advertising challenge brought by P&G, the National Advertising Division concluded that Unilever had substantiation for its challenged Dove body-wash moisturizing claims. This is a competitive setback for P&G, but no direct financial impact was reported. Article: National Advertising Division Found Unilever’s Dove Deep Moisture Body Wash Claims Supported
• Negative Sentiment: CEO Juliana Mont Santos sold 5,370 shares and CFO Andre Schulten sold 30,677 shares, both at $169 on Nov. 5. Each retained shares, but the sales and reductions in their respective holdings could weigh on investor sentiment. Article: Procter & Gamble CFO Andre Schulten Sells Shares CEO SEC filing

Procter & Gamble Price Performance

Shares of NYSE PG opened at $168.43 on Wednesday. The stock has a market capitalization of $390.38 billion, a PE ratio of 25.37, a P/E/G ratio of 4.14 and a beta of 0.36. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.53. The business has a fifty day moving average price of $152.95 and a two-hundred day moving average price of $149.64. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $170.52.

Procter & Gamble (NYSE:PG) last released its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The company had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same period in the prior year, the firm posted $1.99 EPS. Procter & Gamble’s quarterly revenue was up 4.0% on a year-over-year basis. As a group, equities analysts predict that Procter & Gamble Company will post 6.99 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 given 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 2.6%. Procter & Gamble’s dividend payout ratio is currently 65.51%.

Insider Activity

In other news, insider Victor Aguilar sold 18,812 shares of the company’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $164.43, for a total transaction of $3,093,257.16. Following the completion of the sale, the insider owned 55,243 shares of the company’s stock, valued at approximately $9,083,606.49. This represents a 25.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Juliana Azevedo sold 5,370 shares of the stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $169.00, for a total transaction of $907,530.00. Following the sale, the chief executive officer owned 21,361 shares in the company, valued at $3,610,009. This represents a 20.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 197,756 shares of company stock valued at $32,336,001. Company insiders own 0.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PG. Morgan Stanley lifted their target price on Procter & Gamble from $166.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. Citigroup upped their price target on shares of Procter & Gamble from $180.00 to $187.00 and gave the company a “buy” rating in a research note on Friday, October 23rd. BNP Paribas Exane upped their price target on shares of Procter & Gamble from $177.00 to $189.00 and gave the company an “outperform” rating in a research note on Friday, October 23rd. DZ Bank downgraded shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 27th. Finally, Piper Sandler increased their target price on shares of Procter & Gamble from $145.00 to $167.00 and gave the stock a “neutral” rating in a research report on Monday, October 26th. Fifteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $170.57.

Procter & Gamble Company Profile

The Procter & Gamble Company is a consumer goods company that develops, manufactures and markets products for everyday use. Founded in 1837 by William Procter and James Gamble, the company is headquartered in Cincinnati, Ohio. Its products span beauty, grooming, health care, fabric and home care, and baby, feminine and family care. Well-known brands include Tide, Pampers, Gillette, Pantene, Olay, Oral-B, Crest, Dawn, Charmin and Bounty. Procter & Gamble sells its products in markets around the world through retail stores, e-commerce platforms and other distribution channels.