CHICAGO TRUST Co NA Sells 3,467 Shares of Procter & Gamble Company (The) $PG

CHICAGO TRUST Co NA lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 17.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 16,034 shares of the company’s stock after selling 3,467 shares during the period. CHICAGO TRUST Co NA’s holdings in Procter & Gamble were worth $2,464,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC lifted its holdings in shares of Procter & Gamble by 655,209.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock worth $11,832,680,000 after acquiring an additional 76,017,350 shares during the last quarter. Norges Bank bought a new stake in Procter & Gamble in the second quarter worth about $5,099,644,000. Laurel Wealth Advisors LLC boosted its position in shares of Procter & Gamble by 15,971.7% during the second quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock valued at $1,117,270,000 after buying an additional 6,969,110 shares during the period. Vanguard Group Inc. grew its stake in shares of Procter & Gamble by 1.4% during the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after buying an additional 3,189,111 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Procter & Gamble by 21.4% in the second quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock worth $2,608,785,000 after buying an additional 2,880,895 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on PG. Wells Fargo & Company dropped their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Dbs Bank raised shares of Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. JPMorgan Chase & Co. reduced their price target on shares of Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating on the stock in a research note on Thursday. BNP Paribas Exane decreased their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Finally, Barclays dropped their target price on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Monday, December 8th. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.38.

Procter & Gamble Price Performance

NYSE PG opened at $144.39 on Monday. The company has a market cap of $337.41 billion, a PE ratio of 21.08, a P/E/G ratio of 4.86 and a beta of 0.39. The firm’s 50 day moving average price is $147.32 and its 200-day moving average price is $153.38. 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 Company has a 52-week low of $138.14 and a 52-week high of $179.99.

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

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.75%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Gary A. Coombe sold 3,535 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $538,133.05. Following the transaction, the chief executive officer owned 34,816 shares in the company, valued at $5,300,039.68. The trade was a 9.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jennifer L. Davis sold 3,227 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $491,246.21. Following the sale, the chief executive officer directly owned 61,764 shares of the company’s stock, valued at approximately $9,402,333.72. The trade was a 4.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 30,308 shares of company stock valued at $4,611,852 over the last three months. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble 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.