Flputnam Investment Management Co. Has $14.88 Million Position in Procter & Gamble Company (The) $PG

Flputnam Investment Management Co. lessened its position in Procter & Gamble Company (The) (NYSE:PG) by 37.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 96,836 shares of the company’s stock after selling 58,768 shares during the period. Flputnam Investment Management Co.’s holdings in Procter & Gamble were worth $14,879,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Lionshead Wealth Management LLC bought a new position in Procter & Gamble during the 3rd quarter valued at about $241,000. CCM Investment Advisers LLC increased its holdings in shares of Procter & Gamble by 5.2% during the third quarter. CCM Investment Advisers LLC now owns 99,058 shares of the company’s stock worth $15,220,000 after buying an additional 4,859 shares in the last quarter. Clarity Financial LLC raised its stake in shares of Procter & Gamble by 27.8% in the third quarter. Clarity Financial LLC now owns 175,479 shares of the company’s stock valued at $26,962,000 after acquiring an additional 38,129 shares during the last quarter. Falcon Wealth Planning boosted its holdings in shares of Procter & Gamble by 6.7% in the 3rd quarter. Falcon Wealth Planning now owns 2,817 shares of the company’s stock worth $433,000 after acquiring an additional 176 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC grew its position in Procter & Gamble by 1.9% during the 3rd quarter. Cyndeo Wealth Partners LLC now owns 56,798 shares of the company’s stock worth $8,727,000 after acquiring an additional 1,056 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Jennifer L. Davis sold 3,227 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $491,246.21. Following the transaction, the chief executive officer owned 61,764 shares in the company, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Susan Street Whaley sold 2,408 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $366,569.84. Following the completion of the sale, the insider directly owned 31,770 shares of the company’s stock, valued at approximately $4,836,347.10. This trade represents a 7.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 30,308 shares of company stock valued at $4,611,852 over the last quarter. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Stock Down 0.8%

Shares of NYSE PG opened at $144.39 on Friday. Procter & Gamble Company has a 1 year low of $138.14 and a 1 year high of $179.99. The firm’s 50-day moving average is $147.32 and its 200-day moving average is $153.46. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $337.41 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 4.86 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same period in the previous year, the firm posted $1.93 earnings per share. Procter & Gamble’s revenue for the quarter was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a $1.0568 dividend. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is 61.75%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. UBS Group reduced their price objective on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Berenberg Bank upped their price target on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Bank of America decreased their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. BNP Paribas Exane dropped their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. Finally, Dbs Bank raised shares of Procter & Gamble to a “hold” rating in a research note on Friday, December 5th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $171.38.

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.