CIBC Bancorp USA Inc. Takes $123.53 Million Position in Procter & Gamble Company (The) $PG

CIBC Bancorp USA Inc. purchased a new position in Procter & Gamble Company (The) (NYSE:PG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 803,994 shares of the company’s stock, valued at approximately $123,534,000.

Several other large investors also recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in Procter & Gamble by 51.5% in 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. raised its holdings in shares of 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 acquiring an additional 277 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Procter & Gamble by 19.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after acquiring an additional 1,016 shares during the last quarter. Auxano Advisors LLC grew its holdings in shares of Procter & Gamble by 10.8% in the second quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock valued at $1,165,000 after purchasing an additional 714 shares during the period. Finally, Schnieders Capital Management LLC. increased its position in Procter & Gamble by 2.8% during the second quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock worth $4,809,000 after purchasing an additional 809 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

PG has been the topic of a number of analyst reports. Wells Fargo & Company reaffirmed an “overweight” rating and set a $177.00 target price on shares of Procter & Gamble in a research note on Tuesday, February 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Erste Group Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. BNP Paribas Exane decreased their price objective on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. upgraded Procter & Gamble from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $157.00 to $165.00 in a research report on Friday, January 23rd. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $168.33.

Insider Buying and Selling

In other Procter & Gamble news, Chairman Jon R. Moeller sold 162,232 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the transaction, the chairman directly owned 319,385 shares in the company, valued at $51,884,093.25. This represents a 33.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Susan Street Whaley sold 1,809 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the transaction, the insider owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. This represents a 5.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 348,618 shares of company stock valued at $55,462,643 over the last quarter. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Trading Down 3.1%

NYSE PG opened at $146.71 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. The stock has a market capitalization of $340.96 billion, a P/E ratio of 21.74, a PEG ratio of 5.06 and a beta of 0.37. The firm’s 50-day moving average is $153.95 and its two-hundred day moving average is $150.86. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $174.80.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, January 23rd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.21%. The business had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. During the same period last year, the business earned $1.88 earnings per share. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. On average, sell-side 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 Tuesday, February 17th. Investors of record on Friday, January 23rd were issued a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.9%. The ex-dividend date was Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is 62.67%.

Procter & Gamble News Roundup

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

• Positive Sentiment: BEVEL brand expands into men’s body care with a targeted body cream aimed at Black men — broadens P&G’s addressable market in men’s personal care and supports brand extension/innovation strategy. Procter And Gamble Expands Bevel Into Men’s Body Care Segment
• Positive Sentiment: P&G Premium is testing a paid loyalty program in baby and home care — potential to boost retention, margins and first‑party consumer data if rollout scales. Procter & Gamble Premium Launches Test Loyalty In Baby And Home Care
• Positive Sentiment: Featured in retail/dividend roundups as a blue‑chip dividend name — reinforces PG’s appeal to income investors and may support longer‑term investor demand. The Best Dividend Stocks to Buy and Hold Forever
• Neutral Sentiment: Marketing trend coverage: P&G products are being integrated into short “microdramas” and mobile video content — an execution note on advertising strategy but not an immediate earnings driver. Body Scrub, Concealer and Shoe Trinkets Star in Brands’ ‘Microdramas’
• Neutral Sentiment: Sector/competitive news (Coty board refresh, Unilever strategic rumblings) can change competitive dynamics over time but are not direct catalysts for PG near term. Coty Revamps Board With Appointment of Five New Independent Directors
• Negative Sentiment: Market commentary and data reports flagged that PG’s share price declined in the most recent session — likely driving intraday selling and headline attention. Procter & Gamble (PG) Registers a Bigger Fall Than the Market Zacks: Procter & Gamble Registers a Bigger Fall Than the Market

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.