9,764 Procter & Gamble Company (The) $PG Shares Bought by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 13.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,262 shares of the company’s stock after purchasing an additional 9,764 shares during the period. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Procter & Gamble were worth $12,242,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Mowery & Schoenfeld Wealth Management LLC bought a new position in Procter & Gamble during the 2nd quarter worth $26,000. Montgomery Financial Services LLC bought a new stake in shares of Procter & Gamble in the second quarter valued at about $28,000. Paladin Partners LLC bought a new stake in shares of Procter & Gamble in the second quarter valued at about $29,000. Evergreen Advisors LLC acquired a new position in shares of Procter & Gamble in the first quarter valued at about $37,000. Finally, Toews Corp ADV acquired a new position in shares of Procter & Gamble in the second quarter valued at about $37,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PG. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, September 21st. Argus lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. TD Cowen raised their target price on shares of Procter & Gamble from $150.00 to $166.00 and gave the stock a “hold” rating in a report on Friday, October 23rd. Royal Bank Of Canada set a $169.00 price target on shares of Procter & Gamble in a research report on Friday, October 23rd. Finally, UBS Group set a $166.00 price target on Procter & Gamble in a research note on Friday, October 23rd. Fifteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $170.57.

Procter & Gamble Stock Up 0.2%

PG stock opened at $168.02 on Friday. The company has a market cap of $389.43 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 4.12 and a beta of 0.36. The business has a 50-day simple moving average of $153.80 and a 200 day simple moving average of $149.82. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.52. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $23.28 billion for the quarter, compared to the consensus estimate of $22.80 billion. During the same period in the prior year, the company posted $1.99 earnings per share. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. Sell-side analysts anticipate that Procter & Gamble Company will post 6.99 EPS 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. Stockholders of record on Friday, October 23rd will be issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s dividend payout ratio is 65.51%.

Insider Buying and Selling at Procter & Gamble

In related news, 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 value of $5,184,413.00. Following the transaction, the chief financial officer directly owned 65,618 shares of the company’s stock, valued at $11,089,442. This trade represents a 31.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Matthew Janzaruk sold 9,479 shares of the business’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $163.00, for a total transaction of $1,545,077.00. Following the transaction, the chief accounting officer owned 1,271 shares of the company’s stock, valued at approximately $207,173. This represents a 88.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 200,006 shares of company stock worth $32,715,058 in the last three months. Company insiders own 0.23% of the company’s stock.

Procter & Gamble News Roundup

Investors following PG have been watching these news items:

• 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: CEO El Hak Hesham Abd sold 2,250 shares at an average of $168.47, reducing his direct holding by 20.06% to 8,968 shares. The transaction could raise concerns, though he retains a stake and a sale alone does not establish a change in the company’s outlook. SEC Form 4 filing

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.