Procter & Gamble Company (The) $PG Stock: Eurizon Capital SGR S.p.A. Boosts Holdings

Eurizon Capital SGR S.p.A. boosted its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 0.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,159,404 shares of the company’s stock after buying an additional 9,323 shares during the period. Eurizon Capital SGR S.p.A.’s holdings in Procter & Gamble were worth $169,052,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PG. Ellis Investment Partners LLC lifted its holdings in shares of Procter & Gamble by 0.7% during the 3rd quarter. Ellis Investment Partners LLC now owns 8,816 shares of the company’s stock worth $1,281,000 after acquiring an additional 64 shares during the period. Clark Wealth Partners increased its stake in Procter & Gamble by 20.6% in the third quarter. Clark Wealth Partners now owns 387 shares of the company’s stock valued at $56,000 after acquiring an additional 66 shares during the period. Kuhn & Co Investment Counsel increased its stake in Procter & Gamble by 1.0% in the third quarter. Kuhn & Co Investment Counsel now owns 6,555 shares of the company’s stock valued at $952,000 after acquiring an additional 66 shares during the period. Whelan Financial raised its position in Procter & Gamble by 1.9% in the third quarter. Whelan Financial now owns 3,689 shares of the company’s stock worth $536,000 after purchasing an additional 68 shares in the last quarter. Finally, Midwest Professional Planners LTD. raised its position in Procter & Gamble by 2.6% in the second quarter. Midwest Professional Planners LTD. now owns 2,799 shares of the company’s stock worth $410,000 after purchasing an additional 70 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Key Headlines Impacting Procter & Gamble

These are some of the PG headlines that stood out recently:

• Positive Sentiment: Commentary highlights P&G’s essential household brands, strong cash generation and a 70-year streak of dividend increases; one article cited a recent yield of about 2.6%. These qualities may appeal to income-focused investors. Article: Procter & Gamble Has Raised Its Dividend for 70 Straight Years
• Neutral Sentiment: A valuation analysis questions whether P&G’s share price is supported by future cash flows, noting its 29.7% five-year return. The article raises a valuation question rather than offering a clear near-term catalyst. Article: Is Procter & Gamble Worth More Than Its Price Today?
• Negative Sentiment: One market commentator preferred Nvidia to P&G, citing P&G’s roughly 23-times earnings valuation. That comparison may weigh on sentiment among investors seeking cheaper growth opportunities. Article: Nvidia at 11X Earnings?

Insider Activity

In other news, insider Victor Aguilar sold 18,812 shares of Procter & Gamble stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $164.43, for a total value of $3,093,257.16. Following the completion of the transaction, the insider owned 55,243 shares in the company, valued at approximately $9,083,606.49. The trade was a 25.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Andre Schulten sold 30,677 shares of Procter & Gamble stock in a transaction that occurred on Thursday, November 5th. The shares were sold at an average price of $169.00, for a total transaction of $5,184,413.00. Following the completion of the transaction, the chief financial officer owned 65,618 shares of the company’s stock, valued at $11,089,442. This trade represents a 31.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 200,006 shares of company stock valued at $32,715,058. Corporate insiders own 0.23% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Wells Fargo & Company raised their price target on shares of Procter & Gamble from $164.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, October 23rd. UBS Group set a $166.00 price objective on Procter & Gamble in a report on Friday, October 23rd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $161.00 price objective on shares of Procter & Gamble in a research note on Thursday, October 22nd. Piper Sandler increased their target price on Procter & Gamble from $145.00 to $167.00 and gave the stock a “neutral” rating in a report on Monday, October 26th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, September 21st. Fifteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $170.57.

Procter & Gamble Stock Up 0.2%

Shares of NYSE:PG opened at $168.02 on Friday. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.52. 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 company’s fifty day moving average is $153.80 and its 200-day moving average is $149.82. The company has a market capitalization of $389.43 billion, a PE ratio of 25.30, a P/E/G ratio of 4.12 and a beta of 0.36.

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

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a $1.0885 dividend. 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 payout ratio is 65.51%.

About Procter & Gamble

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.