Tucker Asset Management LLC Sells 4,883 Shares of Procter & Gamble Company (The) $PG

Tucker Asset Management LLC decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 42.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,579 shares of the company’s stock after selling 4,883 shares during the quarter. Procter & Gamble comprises approximately 0.3% of Tucker Asset Management LLC’s portfolio, making the stock its 25th biggest holding. Tucker Asset Management LLC’s holdings in Procter & Gamble were worth $943,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PG. Dougherty & Associates LLC bought a new position in Procter & Gamble in the fourth quarter valued at $206,000. Gabelli Funds LLC increased its stake in Procter & Gamble by 1.3% in the fourth quarter. Gabelli Funds LLC now owns 79,600 shares of the company’s stock valued at $11,407,000 after acquiring an additional 1,000 shares during the last quarter. RiverFront Investment Group LLC increased its stake in Procter & Gamble by 8.3% in the fourth quarter. RiverFront Investment Group LLC now owns 67,270 shares of the company’s stock valued at $9,640,000 after acquiring an additional 5,136 shares during the last quarter. Sapient Capital LLC increased its stake in Procter & Gamble by 3.1% in the fourth quarter. Sapient Capital LLC now owns 90,941 shares of the company’s stock valued at $13,100,000 after acquiring an additional 2,733 shares during the last quarter. Finally, North Dakota State Investment Board bought a new position in Procter & Gamble in the fourth quarter valued at $11,545,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $141.68 on Monday. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The firm has a 50-day moving average of $146.10 and a 200-day moving average of $148.19. The firm has a market cap of $329.91 billion, a P/E ratio of 20.71, a P/E/G ratio of 6.07 and a beta of 0.41. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $170.99.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion during the quarter, compared to the consensus estimate of $21.52 billion. During the same period in the prior year, the firm earned $1.54 earnings per share. Procter & Gamble’s revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Sell-side analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. Procter & Gamble’s payout ratio is 63.60%.

Insider Activity at Procter & Gamble

In related news, insider Susan Street Whaley sold 1,809 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $159.46, for a total transaction of $288,463.14. Following the completion of the sale, the insider owned 30,215 shares of the company’s stock, valued at $4,818,083.90. This trade represents a 5.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $165.29, for a total transaction of $917,194.21. Following the sale, the chief executive officer directly owned 1,029 shares of the company’s stock, valued at $170,083.41. This trade represents a 84.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of research analyst reports. BNP Paribas Exane reduced their target price on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating on the stock in a research note on Thursday, April 23rd. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Friday, March 27th. Barclays cut their price target on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. Finally, Bank of America cut their price target on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Eleven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average target price of $161.06.

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.