Procter & Gamble Company (The) $PG Shares Sold by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ trimmed its holdings in Procter & Gamble Company (The) (NYSE:PG) by 3.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 622,452 shares of the company’s stock after selling 21,065 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Procter & Gamble were worth $95,640,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Halbert Hargrove Global Advisors LLC acquired a new position in Procter & Gamble in the third quarter worth approximately $25,000. Corundum Trust Company INC acquired a new position in shares of Procter & Gamble in the 3rd quarter worth $32,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Procter & Gamble during the second quarter worth $34,000. Marquette Asset Management LLC purchased a new stake in shares of Procter & Gamble during the third quarter valued at $37,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Procter & Gamble in the 3rd quarter valued at $44,000. 65.77% of the stock is currently owned by institutional investors.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 8,000 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $158.00, for a total transaction of $1,264,000.00. Following the transaction, the chief executive officer directly owned 6,571 shares of the company’s stock, valued at $1,038,218. This represents a 54.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Jon R. Moeller sold 162,232 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.45, for a total value of $26,354,588.40. Following the completion of the sale, the chairman directly owned 319,385 shares of the company’s stock, valued at $51,884,093.25. This represents a 33.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 326,091 shares of company stock valued at $51,795,360. Insiders own 0.20% of the company’s stock.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $160.11 on Tuesday. The firm has a market cap of $372.09 billion, a price-to-earnings ratio of 23.72, a P/E/G ratio of 5.32 and a beta of 0.38. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The business has a fifty day simple moving average of $147.57 and a 200 day simple moving average of $150.47.

Procter & Gamble (NYSE:PG) last issued its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The company had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period in the prior year, the firm posted $1.88 EPS. The business’s revenue was up 1.5% 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 fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is presently 62.67%.

Analyst Ratings Changes

A number of research firms have commented on PG. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. BNP Paribas Exane decreased their price objective on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Rothschild & Co Redburn boosted their target price on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Barclays set a $155.00 target price on Procter & Gamble in a research report on Friday, January 16th. Finally, Morgan Stanley set a $175.00 price target on Procter & Gamble in a research report on Monday, October 27th. Thirteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $167.67.

Procter & Gamble Profile

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.