Intech Investment Management LLC Reduces Holdings in Procter & Gamble Company (The) $PG

Intech Investment Management LLC reduced its position in Procter & Gamble Company (The) (NYSE:PG) by 36.5% in the 3rd quarter, Holdings Channel reports. The firm owned 78,991 shares of the company’s stock after selling 45,388 shares during the quarter. Intech Investment Management LLC’s holdings in Procter & Gamble were worth $12,137,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Empirical Asset Management LLC raised its holdings in Procter & Gamble by 166.9% in the 3rd quarter. Empirical Asset Management LLC now owns 38,062 shares of the company’s stock valued at $5,848,000 after acquiring an additional 23,800 shares during the last quarter. Willow Creek Wealth Management Inc. grew its position in shares of Procter & Gamble by 11.7% in the third quarter. Willow Creek Wealth Management Inc. now owns 4,322 shares of the company’s stock valued at $664,000 after purchasing an additional 453 shares in the last quarter. RWA Wealth Partners LLC increased its holdings in shares of Procter & Gamble by 12.6% in the third quarter. RWA Wealth Partners LLC now owns 302,671 shares of the company’s stock valued at $46,505,000 after purchasing an additional 33,886 shares during the last quarter. Vawter Financial Ltd. purchased a new position in Procter & Gamble during the third quarter worth approximately $298,000. Finally, Waddell & Associates LLC boosted its stake in Procter & Gamble by 43.8% during the third quarter. Waddell & Associates LLC now owns 13,428 shares of the company’s stock worth $2,063,000 after buying an additional 4,090 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling

In related news, insider Marc S. Pritchard sold 95,903 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the sale, the insider directly owned 182,607 shares of the company’s stock, valued at $27,601,048.05. This represents a 34.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Balaji Purushothaman sold 12,827 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the completion of the transaction, the insider directly owned 12,639 shares of the company’s stock, valued at $2,026,158.09. This represents a 50.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 343,069 shares of company stock worth $54,545,448 over the last 90 days. 0.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on PG shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft cut 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 report on Monday, December 8th. Jefferies Financial Group upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and boosted their target price for the company from $156.00 to $179.00 in a report on Tuesday, December 16th. Barclays set a $155.00 price target on shares of Procter & Gamble in a research note on Friday, January 16th. Finally, Rothschild & Co Redburn lifted their price target on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. Fourteen investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus price target of $168.33.

Procter & Gamble Stock Performance

Shares of PG stock opened at $163.67 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. The firm has a market cap of $380.37 billion, a P/E ratio of 24.25, a P/E/G ratio of 5.46 and a beta of 0.38. The firm’s 50 day moving average price is $150.50 and its 200-day moving average price is $151.03. Procter & Gamble Company has a one year low of $137.62 and a one year high of $179.99.

Procter & Gamble (NYSE:PG) last announced its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company earned $1.88 earnings per share. The firm’s quarterly 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, equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were issued a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is 62.67%.

Procter & Gamble Company 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.