Procter & Gamble Company (The) $PG Shares Sold by BDF Gestion

BDF Gestion reduced its stake in Procter & Gamble Company (The) (NYSE:PG) by 17.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,837 shares of the company’s stock after selling 8,491 shares during the period. Procter & Gamble accounts for about 0.7% of BDF Gestion’s holdings, making the stock its 23rd biggest position. BDF Gestion’s holdings in Procter & Gamble were worth $6,275,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Nova Wealth Management Inc. acquired a new stake in shares of Procter & Gamble in the first quarter valued at approximately $26,000. Signature Resources Capital Management LLC raised its position in Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. Quarry LP acquired a new stake in Procter & Gamble during the 1st quarter worth $33,000. Mid American Wealth Advisory Group Inc. purchased a new position in Procter & Gamble during the 2nd quarter worth $34,000. Finally, RMG Wealth Management LLC acquired a new position in Procter & Gamble in the second quarter valued at $37,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 3,535 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the transaction, the chief executive officer owned 34,816 shares in the company, valued at $5,300,039.68. This trade represents a 9.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Jon R. Moeller sold 11,684 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the completion of the sale, the chief executive officer owned 319,932 shares in the company, valued at $48,703,248.36. This represents a 3.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 30,308 shares of company stock worth $4,611,852 over the last ninety days. 0.20% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on PG shares. Barclays lowered their price target on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. Wells Fargo & Company lowered their target price on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research note on Monday, October 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday. Finally, Berenberg Bank upped their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Thirteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $171.38.

Procter & Gamble Price Performance

Procter & Gamble stock opened at $144.39 on Friday. The company has a market cap of $337.41 billion, a P/E ratio of 21.08, a price-to-earnings-growth ratio of 4.89 and a beta of 0.39. Procter & Gamble Company has a one year low of $138.14 and a one year high of $179.99. The business has a fifty day moving average of $147.32 and a two-hundred day moving average of $153.56. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is 61.75%.

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.