Procter & Gamble Company (The) $PG Shares Sold by OLD Point Trust & Financial Services N A

OLD Point Trust & Financial Services N A lowered its position in Procter & Gamble Company (The) (NYSE:PG) by 1.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,148 shares of the company’s stock after selling 838 shares during the quarter. Procter & Gamble makes up about 3.1% of OLD Point Trust & Financial Services N A’s investment portfolio, making the stock its 7th largest holding. OLD Point Trust & Financial Services N A’s holdings in Procter & Gamble were worth $8,946,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. PFG Investments LLC raised its position in shares of Procter & Gamble by 2.6% in the second quarter. PFG Investments LLC now owns 53,367 shares of the company’s stock valued at $8,502,000 after purchasing an additional 1,356 shares during the period. Consolidated Portfolio Review Corp raised its position in shares of Procter & Gamble by 0.6% in the second quarter. Consolidated Portfolio Review Corp now owns 28,910 shares of the company’s stock valued at $4,606,000 after purchasing an additional 181 shares during the period. Mitsubishi UFJ Asset Management UK Ltd. raised its position in shares of Procter & Gamble by 45.5% in the second quarter. Mitsubishi UFJ Asset Management UK Ltd. now owns 3,200 shares of the company’s stock valued at $510,000 after purchasing an additional 1,000 shares during the period. Sicart Associates LLC bought a new position in shares of Procter & Gamble in the second quarter valued at about $688,000. Finally, Alley Investment Management Company LLC raised its position in shares of Procter & Gamble by 0.6% in the second quarter. Alley Investment Management Company LLC now owns 64,341 shares of the company’s stock valued at $10,251,000 after purchasing an additional 367 shares during the period. 65.77% of the stock is owned by institutional investors.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 9,849 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total value of $1,548,952.23. Following the transaction, the insider directly owned 182,422 shares of the company’s stock, valued at $28,689,507.94. This trade represents a 5.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Shailesh Jejurikar sold 13,039 shares of the firm’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer directly owned 28,036 shares in the company, valued at approximately $4,409,221.72. This represents a 31.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 149,763 shares of company stock worth $23,421,279. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

NYSE:PG opened at $151.53 on Monday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.49 and a current ratio of 0.70. Procter & Gamble Company has a 52 week low of $146.96 and a 52 week high of $180.43. The firm has a market cap of $354.66 billion, a price-to-earnings ratio of 23.28, a P/E/G ratio of 4.02 and a beta of 0.36. The firm’s 50-day simple moving average is $154.92 and its 200 day simple moving average is $158.67.

Procter & Gamble (NYSE:PG) last released its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. During the same period last year, the firm earned $1.40 EPS. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 24th will be issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is currently 64.98%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on PG. Wells Fargo & Company dropped their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research report on Thursday, September 25th. Berenberg Bank increased their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research report on Wednesday, September 17th. Barclays lowered their price target on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, October 1st. BNP Paribas reaffirmed an “outperform” rating and set a $177.00 price target on shares of Procter & Gamble in a research report on Friday, August 15th. Finally, BNP Paribas Exane lowered their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and an average price target of $172.21.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.