Dana Investment Advisors Inc. Has $5.39 Million Stock Position in Procter & Gamble Company (The) $PG

Dana Investment Advisors Inc. reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 9.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,067 shares of the company’s stock after selling 3,828 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Procter & Gamble were worth $5,388,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of PG. Halbert Hargrove Global Advisors LLC bought a new position in Procter & Gamble during the third quarter valued at about $25,000. Corundum Trust Company INC bought a new stake in shares of Procter & Gamble during the third quarter valued at approximately $32,000. Marquette Asset Management LLC acquired a new position in shares of Procter & Gamble in the third quarter valued at $37,000. Redmont Wealth Advisors LLC bought a new position in Procter & Gamble in the third quarter worth $40,000. Finally, Manning & Napier Advisors LLC acquired a new stake in Procter & Gamble during the third quarter worth $44,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble News Roundup

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

Insiders Place Their Bets

In other Procter & Gamble news, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the transaction, the insider owned 182,607 shares of the company’s stock, valued at approximately $27,601,048.05. The trade was a 34.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Balaji Purushothaman sold 12,827 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $160.31, for a total transaction of $2,056,296.37. Following the completion of the sale, the insider directly owned 12,639 shares in the company, 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. Insiders sold 343,069 shares of company stock worth $54,545,448 in the last three months. 0.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft lowered their price objective on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a research note on Monday, December 8th. Rothschild & Co Redburn raised their target price on Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Jefferies Financial Group upgraded Procter & Gamble from a “hold” rating to a “buy” rating and upped their price target for the company from $156.00 to $179.00 in a research report on Tuesday, December 16th. Finally, TD Cowen cut Procter & Gamble from a “buy” rating to a “hold” rating and lifted their price objective for the company from $150.00 to $156.00 in a report on Tuesday, January 27th. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $168.33.

Read Our Latest Research Report on Procter & Gamble

Procter & Gamble Stock Performance

Shares of NYSE:PG opened at $165.42 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $179.99. The stock 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. The business has a 50-day moving average price of $149.82 and a two-hundred day moving average price of $150.85.

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

Procter & Gamble Announces Dividend

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

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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