Procter & Gamble Company (The) $PG Stake Lowered by Formidable Asset Management LLC

Formidable Asset Management LLC trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 284,535 shares of the company’s stock after selling 4,466 shares during the period. Procter & Gamble comprises approximately 6.4% of Formidable Asset Management LLC’s portfolio, making the stock its 2nd biggest holding. Formidable Asset Management LLC’s holdings in Procter & Gamble were worth $43,719,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Procter & Gamble during the 3rd quarter worth about $25,000. Saranac Partners Ltd acquired a new stake in shares of Procter & Gamble during the 3rd quarter valued at about $30,000. Corundum Trust Company INC bought a new stake in shares of Procter & Gamble in the 3rd quarter valued at approximately $32,000. Caitlin John LLC acquired a new position in Procter & Gamble in the third quarter worth approximately $34,000. Finally, Marquette Asset Management LLC bought a new position in Procter & Gamble during the third quarter valued at approximately $37,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling

In related news, Chairman Jon R. Moeller sold 162,232 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the completion of 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gary A. Coombe sold 36,093 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the completion of the sale, the chief executive officer directly owned 34,994 shares of the company’s stock, valued at approximately $5,680,576.02. This trade represents a 50.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 348,618 shares of company stock valued at $55,462,643 in the last ninety days. Company insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on PG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. Piper Sandler initiated coverage on shares of Procter & Gamble in a report on Wednesday, January 7th. They set a “neutral” rating and a $150.00 price target on the stock. UBS Group upped their price objective on shares of Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Wells Fargo & Company reissued an “overweight” rating and set a $177.00 target price on shares of Procter & Gamble in a research report on Tuesday, February 17th. Finally, Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Twelve equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.06.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: Supply Chain 3.0 — P&G is rolling out a “Supply Chain 3.0” program to link real‑time demand to production, aiming to cut waste, raise efficiency and improve long‑term margins and cash flow; this is a structural margin catalyst if execution scales. Is Procter & Gamble’s Supply Chain 3.0 a Catalyst for Margin Growth? Zacks: Supply Chain 3.0
• Positive Sentiment: OLAY peptide research — New clinical-backed peptide science from OLAY could accelerate product upgrades and premiumization in skincare, supporting revenue mix and brand momentum. OLAY Peptide Research Puts New Spotlight On Procter And Gamble Valuation
• Positive Sentiment: Defensive / dividend appeal — As recession fears persist, PG’s low‑beta, dividend‑rich profile keeps it attractive to income and defensive buyers. As Recession Odds Climb, Defensive Sectors Continue to Outperform (PG) The 5 Safest Dividend Aristocrats
• Neutral Sentiment: Quarterly outlook — Analysts expect low single‑digit earnings growth for the coming quarter; execution vs. those modest expectations will drive near‑term reaction. What to Expect From Procter & Gamble’s Next Quarterly Earnings Report
• Neutral Sentiment: General analyst commentary — Various analyst notes and media pieces summarize P&G’s defensive positioning and competitive dynamics; useful context but mixed for immediate price action. Analysts Offer Insights on Consumer Goods Companies
• Negative Sentiment: TD Cowen trims target and estimates — TD Cowen cut its price target to $142 (maintained Hold) and lowered segment estimates, citing weaker pricing power; that reduction is pressuring sentiment. TD Cowen Flags Weaker Pricing Power, Trims P&G Target MarketScreener: TD Cowen Adjusts Price Target
• Negative Sentiment: Deutsche Bank cut target — Deutsche Bank lowered its target to $162 from $171 and highlighted inflation and currency headwinds as near‑term risks to margins. Deutsche Bank Highlights Inflation and Currency Headwinds for P&G

Procter & Gamble Stock Down 0.7%

PG stock opened at $143.06 on Friday. The stock has a market capitalization of $332.46 billion, a price-to-earnings ratio of 21.19, a price-to-earnings-growth ratio of 5.07 and a beta of 0.41. The company has a 50-day moving average of $153.71 and a two-hundred day moving average of $149.79. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $174.80. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, January 23rd. The company reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period in the previous year, the company posted $1.88 earnings per share. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared 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. The ex-dividend date was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s payout ratio is 62.67%.

Procter & Gamble Company Profile

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.