Procter & Gamble (NYSE:PG) Stock Unloaded Rep. Ed Case

Representative Ed Case (D-Hawaii) recently sold shares of Procter & Gamble Company (The) (NYSE:PG). In a filing disclosed on December 24th, the Representative disclosed that they had sold between $1,001 and $15,000 in Procter & Gamble stock on December 1st.

Procter & Gamble Trading Up 0.9%

NYSE PG opened at $144.53 on Friday. Procter & Gamble Company has a 12 month low of $138.14 and a 12 month high of $179.99. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock’s fifty day moving average price is $146.94 and its 200-day moving average price is $152.97. The stock has a market cap of $337.72 billion, a P/E ratio of 21.10, a P/E/G ratio of 4.87 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The company had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. Procter & Gamble’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble’s dividend payout ratio is currently 61.75%.

Insider Activity

In other Procter & Gamble news, CEO Jennifer L. Davis sold 3,227 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $491,246.21. Following the completion of the sale, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jon R. Moeller sold 11,684 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $1,778,655.32. Following the sale, the chief executive officer owned 319,932 shares of the company’s stock, valued at $48,703,248.36. This represents a 3.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 30,308 shares of company stock worth $4,611,852. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company cut their price target on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Berenberg Bank increased their target price on Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and boosted their price target for the stock from $156.00 to $179.00 in a research note on Tuesday, December 16th. Raymond James Financial lowered their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. Finally, Barclays reduced their price objective on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a report on Monday, December 8th. Thirteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $171.38.

Institutional Trading of Procter & Gamble

A number of hedge funds have recently bought and sold shares of PG. Lantz Financial LLC grew its position in Procter & Gamble by 1.2% during the second quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock valued at $834,000 after buying an additional 64 shares during the period. Orca Investment Management LLC boosted its stake in shares of Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock worth $516,000 after acquiring an additional 64 shares during the last quarter. Kondo Wealth Advisors Inc. grew its position in shares of Procter & Gamble by 5.2% during the 1st quarter. Kondo Wealth Advisors Inc. now owns 1,324 shares of the company’s stock valued at $226,000 after acquiring an additional 65 shares during the period. Silver Oak Securities Incorporated grew its holdings in Procter & Gamble by 0.3% during the second quarter. Silver Oak Securities Incorporated now owns 22,118 shares of the company’s stock valued at $3,524,000 after purchasing an additional 65 shares during the period. Finally, Access Financial Services Inc. increased its position in Procter & Gamble by 0.6% in the second quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock worth $1,735,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

About Representative Case

Ed Case (Democratic Party) is a member of the U.S. House, representing Hawaii’s 1st Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Case (Democratic Party) ran for re-election to the U.S. House to represent Hawaii’s 1st Congressional District. He won in the general election on November 5, 2024.

After serving in the state legislature for eight years, Case represented Hawaii’s 2nd Congressional District in the U.S. House of Representatives from 2003 to 2007. He also graduated from the UC Hastings College of Law and worked as a managing attorney at Bays Lung Rose & Holma and Carlsmith Ball, two law firms in Honolulu.

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.