Procter & Gamble Company (The) $PG Shares Sold by Townsquare Capital LLC

Townsquare Capital LLC cut its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 22.7% in the 3rd quarter, Holdings Channel reports. The firm owned 26,315 shares of the company’s stock after selling 7,749 shares during the period. Townsquare Capital LLC’s holdings in Procter & Gamble were worth $4,043,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of PG. Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in shares of Procter & Gamble by 1.7% during the 3rd quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 22,573 shares of the company’s stock worth $3,468,000 after acquiring an additional 371 shares in the last quarter. Argent Advisors Inc. boosted its position in shares of Procter & Gamble by 14.8% in the 3rd quarter. Argent Advisors Inc. now owns 11,126 shares of the company’s stock valued at $1,710,000 after purchasing an additional 1,435 shares during the period. Pegasus Asset Management Inc. boosted its position in shares of Procter & Gamble by 2.5% in the 3rd quarter. Pegasus Asset Management Inc. now owns 34,223 shares of the company’s stock valued at $5,258,000 after purchasing an additional 842 shares during the period. Trifecta Capital Advisors LLC raised its holdings in Procter & Gamble by 12.1% during the 3rd quarter. Trifecta Capital Advisors LLC now owns 4,388 shares of the company’s stock worth $674,000 after buying an additional 474 shares during the period. Finally, Banyan Capital Management Inc. purchased a new stake in Procter & Gamble during the third quarter valued at about $576,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble Stock Performance

Shares of PG opened at $149.79 on Friday. The firm has a market cap of $348.12 billion, a price-to-earnings ratio of 22.19, a price-to-earnings-growth ratio of 4.89 and a beta of 0.39. The company’s fifty day moving average is $144.87 and its 200-day moving average is $150.34. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $179.99.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $22.21 billion during the quarter, compared to analysts’ expectations of $22.36 billion. During the same period in the prior year, the company posted $1.88 earnings per share. Procter & Gamble’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be given a dividend of $1.0568 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is presently 62.67%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. TD Cowen cut Procter & Gamble from a “buy” rating to a “hold” rating and raised their target price for the stock from $150.00 to $156.00 in a research report on Tuesday. Wells Fargo & Company raised their price objective on Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. UBS Group upped their target price on Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Finally, Raymond James Financial decreased their price target on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a report on Monday, October 20th. Thirteen investment analysts have rated the stock with a Buy rating and nine 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 price target of $167.00.

Insider Buying and Selling

In other 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 $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by company insiders.

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.