Farmers & Merchants Investments Inc. Trims Stake in Procter & Gamble Company (The) $PG

Farmers & Merchants Investments Inc. cut its stake in Procter & Gamble Company (The) (NYSE:PG) by 4.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 138,611 shares of the company’s stock after selling 6,300 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Procter & Gamble were worth $21,298,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PG. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Procter & Gamble during the third quarter valued at approximately $25,000. Nova Wealth Management Inc. purchased a new stake in shares of Procter & Gamble in the 1st quarter worth about $26,000. Signature Resources Capital Management LLC increased its stake in shares of Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP purchased a new position in Procter & Gamble during the 1st quarter valued at about $33,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in Procter & Gamble during the second quarter worth about $34,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PG shares. Raymond James Financial lowered their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Dbs Bank raised Procter & Gamble to a “hold” rating in a research report on Friday, December 5th. Barclays cut their price objective on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Monday, December 8th. Wells Fargo & Company decreased their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Finally, UBS Group reduced their price target on shares of Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Thirteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $171.38.

Procter & Gamble Price Performance

Shares of PG opened at $144.54 on Tuesday. The firm has a fifty day simple moving average of $146.66 and a two-hundred day simple moving average of $152.58. The firm has a market cap of $337.74 billion, a PE ratio of 21.10, a P/E/G ratio of 4.88 and a beta of 0.39. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. Procter & Gamble Company has a 1-year low of $138.14 and a 1-year high of $179.99.

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

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Investors of record on Friday, October 24th were issued a $1.0568 dividend. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.61%.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 3,535 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $538,133.05. Following the completion of the sale, the chief executive officer directly owned 34,816 shares of the company’s stock, valued at approximately $5,300,039.68. This represents a 9.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Shailesh Jejurikar sold 3,986 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $606,788.78. Following the transaction, the chief operating officer owned 46,899 shares in the company, valued at $7,139,434.77. This represents a 7.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 30,308 shares of company stock valued at $4,611,852 in 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.