DT Investment Partners LLC Reduces Stock Holdings in Procter & Gamble Company (The) $PG

DT Investment Partners LLC lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 25.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,526 shares of the company’s stock after selling 4,261 shares during the quarter. DT Investment Partners LLC’s holdings in Procter & Gamble were worth $1,925,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Endeavor Private Wealth Inc. lifted its holdings in shares of Procter & Gamble by 16.0% in the 3rd quarter. Endeavor Private Wealth Inc. now owns 4,269 shares of the company’s stock valued at $656,000 after purchasing an additional 588 shares during the last quarter. Earned Wealth Advisors LLC lifted its stake in Procter & Gamble by 49.2% in the third quarter. Earned Wealth Advisors LLC now owns 6,309 shares of the company’s stock valued at $969,000 after buying an additional 2,080 shares during the last quarter. Abacus Planning Group Inc. boosted its holdings in shares of Procter & Gamble by 2.8% in the third quarter. Abacus Planning Group Inc. now owns 6,304 shares of the company’s stock valued at $969,000 after acquiring an additional 172 shares during the period. Fifth Third Wealth Advisors LLC grew its position in shares of Procter & Gamble by 7.2% during the third quarter. Fifth Third Wealth Advisors LLC now owns 59,730 shares of the company’s stock worth $9,178,000 after acquiring an additional 4,005 shares during the last quarter. Finally, Woodward Diversified Capital LLC grew its position in shares of Procter & Gamble by 0.8% during the third quarter. Woodward Diversified Capital LLC now owns 12,144 shares of the company’s stock worth $1,866,000 after acquiring an additional 96 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Procter & Gamble

In other news, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $149.57, for a total value of $108,438.25. Following the completion of the transaction, the chief accounting officer owned 979 shares in the company, valued at $146,429.03. This trade represents a 42.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Procter & Gamble Price Performance

Shares of PG opened at $141.77 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average is $145.94 and its two-hundred day moving average is $152.16. Procter & Gamble Company has a twelve month low of $138.14 and a twelve month high of $179.99. The firm has a market capitalization of $331.29 billion, a PE ratio of 20.70, a P/E/G ratio of 4.78 and a beta of 0.39.

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

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s payout ratio is presently 61.75%.

Analyst Ratings Changes

PG has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research note on Monday, December 8th. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research note on Monday, October 27th. Dbs Bank upgraded Procter & Gamble to a “hold” rating in a research report on Friday, December 5th. Barclays reduced their price objective on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a research note on Monday, December 8th. Finally, Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and lifted their target price for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. Thirteen research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $171.38.

About Procter & Gamble

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.