30,624 Procter & Gamble Company (The) $PG Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lowered its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 1.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,568,922 shares of the company’s stock after selling 30,624 shares during the period. ProShare Advisors LLC’s holdings in Procter & Gamble were worth $227,933,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Procter & Gamble in the second quarter worth about $26,000. Montgomery Financial Services LLC acquired a new position in Procter & Gamble in the second quarter worth approximately $28,000. Paladin Partners LLC acquired a new position in shares of Procter & Gamble in the 2nd quarter valued at $29,000. Toews Corp ADV acquired a new stake in shares of Procter & Gamble during the second quarter valued at approximately $37,000. Finally, Evergreen Advisors LLC purchased a new stake in shares of Procter & Gamble in the first quarter valued at $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on PG. The Goldman Sachs Group reiterated a “neutral” rating and set a $161.00 price target on shares of Procter & Gamble in a report on Thursday, October 22nd. Evercore raised Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target on the stock in a research report on Tuesday, October 6th. Royal Bank Of Canada set a $169.00 price target on Procter & Gamble in a research note on Friday, October 23rd. Morgan Stanley increased their price objective on shares of Procter & Gamble from $166.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, October 23rd. Finally, UBS Group set a $166.00 target price on shares of Procter & Gamble in a research note on Friday, October 23rd. Fifteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $170.57.

Read Our Latest Stock Analysis on Procter & Gamble

Key Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

  • Positive Sentiment: Analyst upgrade: Freedom Broker upgraded PG from “hold” to “buy,” providing a positive signal for the stock and reflecting greater confidence in the company’s outlook. Freedom Broker upgrades Procter & Gamble to buy from hold
  • Positive Sentiment: Dividend appeal remains strong: Articles highlighted PG as a long-standing dividend leader, supporting its appeal to income-focused and defensive investors. The company’s record of dividend increases may help underpin demand for the shares, particularly when investors favor stable consumer-staples businesses. Dividend Kings article Trusted dividend stocks article
  • Neutral Sentiment: Bond issuance adds balance-sheet context: PG’s euro- and dollar-denominated bond sale provides liquidity and funding flexibility, but it also draws attention to leverage, interest costs, and the company’s relatively elevated valuation. Procter & Gamble bond sale
  • Neutral Sentiment: Growth story under review: Commentary on PG points to accelerating revenue growth, while also noting that higher operating costs could pressure margins and earnings. Investors are weighing improved sales momentum against cost inflation. Procter & Gamble revenue growth and costs What changed in Procter & Gamble’s story
  • Negative Sentiment: Mixed rating signals and valuation risk: DZ Bank downgraded PG from “strong-buy” to “hold.” With shares trading at a premium valuation, a more cautious analyst stance could weigh on upside unless earnings growth accelerates. DZ Bank rating change
  • Negative Sentiment: Advertising challenge produced only a limited win: Following PG’s challenge, the National Advertising Division supported Carpe’s $19.95 reference price but recommended changes or removal of other savings, free-shipping, comparative-performance, and “first” 100-hour protection claims. The outcome may modestly strengthen competitive advertising standards, but it does not represent a material financial catalyst for PG. National Advertising Division decision involving Carpe

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $161.42 on Friday. The company has a market capitalization of $374.14 billion, a PE ratio of 24.31, a PEG ratio of 3.97 and a beta of 0.39. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The stock’s fifty day simple moving average is $149.99 and its 200 day simple moving average is $148.94.

Procter & Gamble (NYSE:PG – Get Free Report) last released its earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The firm had revenue of $23.28 billion for the quarter, compared to analysts’ expectations of $22.80 billion. During the same quarter in the previous year, the business posted $1.99 EPS. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. On average, research analysts predict that Procter & Gamble Company will post 6.99 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be paid a $1.0885 dividend. The ex-dividend date is Friday, October 23rd. This represents a $4.35 annualized dividend and a yield of 2.7%. Procter & Gamble’s dividend payout ratio is currently 65.51%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Marc Pritchard sold 4,030 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total value of $579,473.70. Following the transaction, the insider directly owned 187,001 shares of the company’s stock, valued at $26,888,873.79. This represents a 2.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Paul Gama sold 4,331 shares of the stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $161.27, for a total value of $698,460.37. Following the sale, the chief executive officer directly owned 46,793 shares in the company, valued at approximately $7,546,307.11. This trade represents a 8.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 58,647 shares of company stock worth $9,268,508 in the last three months. 0.23% of the stock is owned by insiders.

Procter & Gamble Profile

(Free Report)

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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