Bradley Foster & Sargent Inc. CT Sells 6,381 Shares of Procter & Gamble Company (The) $PG

Bradley Foster & Sargent Inc. CT trimmed its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 2.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 210,880 shares of the company’s stock after selling 6,381 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Procter & Gamble were worth $32,402,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of PG. Halbert Hargrove Global Advisors LLC bought a new stake in Procter & Gamble in the 3rd quarter valued at $25,000. Corundum Trust Company INC bought a new stake in shares of Procter & Gamble in the third quarter worth about $32,000. Marquette Asset Management LLC purchased a new stake in shares of Procter & Gamble in the third quarter worth about $37,000. Redmont Wealth Advisors LLC bought a new position in Procter & Gamble during the third quarter valued at approximately $40,000. Finally, Manning & Napier Advisors LLC purchased a new position in Procter & Gamble during the 3rd quarter valued at approximately $44,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Price Performance

Shares of PG stock opened at $165.42 on Wednesday. The stock has a 50 day moving average price of $149.82 and a 200 day moving average price of $150.85. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $179.99. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72. The firm has a market capitalization of $384.44 billion, a P/E ratio of 24.51, a P/E/G ratio of 5.52 and a beta of 0.38.

Procter & Gamble (NYSE:PGGet Free Report) last released its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. The business had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were given a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, January 23rd. Procter & Gamble’s payout ratio is 62.67%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the transaction, the insider directly owned 44,735 shares in the company, valued at $7,259,595.80. This trade represents a 25.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Balaji Purushothaman sold 12,827 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $160.31, for a total value of $2,056,296.37. Following the completion of the sale, the insider owned 12,639 shares of the company’s stock, valued at $2,026,158.09. This represents a 50.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 343,069 shares of company stock valued at $54,545,448. 0.20% of the stock is owned by corporate insiders.

More Procter & Gamble News

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on PG shares. Erste Group Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Rothschild & Co Redburn increased their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Barclays set a $155.00 target price on shares of Procter & Gamble in a research report on Friday, January 16th. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $177.00 price objective on shares of Procter & Gamble in a research note on Tuesday, February 17th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $168.33.

View Our Latest Report on PG

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.

Further Reading

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

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