Amalgamated Bank Sells 8,203 Shares of Procter & Gamble Company (The) $PG

Amalgamated Bank trimmed its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 1.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 456,357 shares of the company’s stock after selling 8,203 shares during the period. Procter & Gamble makes up about 0.5% of Amalgamated Bank’s investment portfolio, making the stock its 25th largest holding. Amalgamated Bank’s holdings in Procter & Gamble were worth $70,119,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Procter & Gamble by 51.5% during the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after buying an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. grew its position in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after purchasing an additional 277 shares during the period. Sivia Capital Partners LLC raised its position in shares of Procter & Gamble by 19.8% in the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock worth $979,000 after acquiring an additional 1,016 shares during the period. Auxano Advisors LLC raised its position in Procter & Gamble by 10.8% during the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after acquiring an additional 714 shares during the period. Finally, Livforsakringsbolaget Skandia Omsesidigt increased its holdings in shares of Procter & Gamble by 16.9% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 91,920 shares of the company’s stock valued at $14,642,000 after purchasing an additional 13,300 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Procter & Gamble

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

Trending Headlines about Procter & Gamble

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Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Cowen reiterated a “buy” rating on shares of Procter & Gamble in a research note on Thursday, January 8th. Barclays set a $155.00 price target on Procter & Gamble in a research note on Friday. UBS Group decreased their target price on shares of Procter & Gamble from $176.00 to $161.00 and set a “buy” rating on the stock in a research report on Wednesday. Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $170.00 to $158.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. Finally, Raymond James Financial dropped their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Fifteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $168.73.

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Procter & Gamble Stock Down 0.1%

Procter & Gamble stock opened at $144.55 on Friday. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $179.99. The firm has a fifty day moving average price of $144.72 and a two-hundred day moving average price of $150.98. The firm has a market cap of $337.77 billion, a price-to-earnings ratio of 21.10, a P/E/G ratio of 4.88 and a beta of 0.39. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings data on Friday, October 24th. The company reported $1.99 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 company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same quarter last year, the company earned $1.93 EPS. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be issued a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.75%.

Procter & Gamble Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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