JT Stratford LLC Sells 11,082 Shares of Procter & Gamble Company (The) $PG

JT Stratford LLC lessened its position in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 82.0% in the third quarter, Holdings Channel.com reports. The firm owned 2,440 shares of the company’s stock after selling 11,082 shares during the period. JT Stratford LLC’s holdings in Procter & Gamble were worth $375,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC bought a new stake in Procter & Gamble in the 3rd quarter valued at approximately $25,000. Corundum Trust Company INC acquired a new stake in shares of Procter & Gamble in the third quarter valued at approximately $32,000. Caitlin John LLC bought a new stake in shares of Procter & Gamble in the third quarter worth $34,000. Marquette Asset Management LLC acquired a new position in Procter & Gamble during the third quarter worth $37,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Procter & Gamble in the 3rd quarter valued at $40,000. 65.77% of the stock is currently owned by institutional investors.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $153.94 on Friday. 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 company has a market capitalization of $357.76 billion, a P/E ratio of 22.81, a P/E/G ratio of 5.29 and a beta of 0.37. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $179.99. The stock has a 50 day moving average of $152.17 and a 200-day moving average of $151.23.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, beating 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 business had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. During the same quarter last year, the firm posted $1.88 EPS. The company’s quarterly revenue was up 1.5% on a year-over-year basis. 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 business 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. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.7%. Procter & Gamble’s payout ratio is presently 62.67%.

Key Headlines Impacting Procter & Gamble

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

Insider Transactions at Procter & Gamble

In other news, insider Balaji Purushothaman sold 12,827 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the transaction, the insider owned 12,639 shares in the company, valued at approximately $2,026,158.09. This trade represents a 50.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $162.28, for a total value of $2,461,625.32. Following the completion of the sale, the insider owned 44,735 shares of the company’s stock, valued at $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 348,618 shares of company stock worth $55,462,643. 0.20% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on PG shares. Deutsche Bank Aktiengesellschaft decreased their price objective on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a report on Monday, December 8th. Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and raised their price target for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. UBS Group upped their price objective on Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Piper Sandler assumed coverage on shares of Procter & Gamble in a report on Wednesday, January 7th. They set a “neutral” rating and a $150.00 target price on the stock. Fourteen analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $168.33.

Get Our Latest Research Report on PG

About Procter & Gamble

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PGFree Report).

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

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