Procter & Gamble (NYSE:PG) Insider Marc Pritchard Sells 95,903 Shares of Stock

Procter & Gamble Company (The) (NYSE:PGGet Free Report) insider Marc Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the completion of the transaction, the insider owned 182,607 shares in the company, valued at approximately $27,601,048.05. The trade was a 34.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $149.64 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.72 and a quick ratio of 0.51. Procter & Gamble Company has a one year low of $137.62 and a one year high of $179.99. The business’s 50 day simple moving average is $144.80 and its two-hundred day simple moving average is $150.43. The stock has a market capitalization of $349.67 billion, a P/E ratio of 22.17, a price-to-earnings-growth ratio of 5.08 and a beta of 0.39.

Procter & Gamble (NYSE:PGGet Free Report) last issued its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. The firm had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.10%. The business’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business earned $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be paid a $1.0568 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. Procter & Gamble’s dividend payout ratio (DPR) is presently 62.67%.

Procter & Gamble News Roundup

Here are the key news stories impacting Procter & Gamble this week:

Institutional Investors Weigh In On Procter & Gamble

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Halbert Hargrove Global Advisors LLC purchased a new stake in Procter & Gamble during the third quarter valued at $25,000. Maseco LLP purchased a new stake in shares of Procter & Gamble during the 4th quarter valued at about $28,000. Saranac Partners Ltd bought a new position in shares of Procter & Gamble in the 3rd quarter worth approximately $30,000. Corundum Trust Company INC purchased a new position in shares of Procter & Gamble in the third quarter worth approximately $32,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in Procter & Gamble during the second quarter valued at approximately $34,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Wells Fargo & Company lifted their price target on shares of Procter & Gamble from $158.00 to $165.00 and gave the company an “overweight” rating in a report on Friday. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research report on Monday, December 8th. Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and increased their price target for the stock from $156.00 to $179.00 in a research note on Tuesday, December 16th. BNP Paribas Exane cut their price objective on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $166.70.

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Procter & Gamble Company Profile

(Get 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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Insider Buying and Selling by Quarter for Procter & Gamble (NYSE:PG)

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