National Bank of Canada FI Trims Stock Holdings in Procter & Gamble Company (The) $PG

National Bank of Canada FI reduced its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 22.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,866,374 shares of the company’s stock after selling 547,660 shares during the quarter. National Bank of Canada FI’s holdings in Procter & Gamble were worth $286,752,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of PG. Brighton Jones LLC boosted its holdings in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after acquiring an additional 13,617 shares during the period. Taylor Financial Group Inc. grew its position in shares of Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after purchasing an additional 277 shares in the last quarter. Sivia Capital Partners LLC raised its stake 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 purchasing an additional 1,016 shares during the period. Auxano Advisors LLC lifted its holdings in Procter & Gamble by 10.8% during the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock worth $1,165,000 after purchasing an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in Procter & Gamble by 2.8% during the 2nd 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 in the last quarter. 65.77% of the stock is owned by institutional investors.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Pampers launched “Pampers AMORE” — positioned as a premium diaper with a “soft as cashmere” feel and upgraded performance. A successful premium rollout can support pricing power, margin expansion, and category leadership in baby care. Pampers Launches Pampers AMORE: The Brand’s Best Diaper Yet, Featuring a Soft as Cashmere Feel and Performance Without Compromise
• Positive Sentiment: Several bullish write-ups and inclusion in “top consumer staples” lists are increasing investor interest in PG’s defensive earnings profile and reliable cash flow, which can attract more inflows into the stock. The Top 2 Consumer Staples Stocks to Buy Right Now
• Positive Sentiment: Independent bullish analyses (summarized in recent articles) highlight PG’s steady margins, brand depth and dividend/cash-flow durability — reinforcing long-term investor conviction. Procter & Gamble Company (The) (PG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Zacks and other services note heightened retail/analyst attention on PG, which can raise short-term volume and volatility but doesn’t by itself change fundamentals. Procter & Gamble Company (The) (PG) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: P&G announced a near-$1 billion investment to build a new Gillette headquarters and technical center in Boston. That consolidates R&D and operations (positive for long-term innovation and efficiency) but increases near-term capex and will be monitored for its impact on free cash flow. Procter & Gamble’s US$1b Gillette Bet And What It Means For PG

Insiders Place Their Bets

In other Procter & Gamble news, insider Marc S. Pritchard sold 95,903 shares of the business’s 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 completion of the transaction, the insider owned 182,607 shares of the company’s stock, valued at $27,601,048.05. The trade was a 34.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Jon R. Moeller sold 162,232 shares of the firm’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 sale, the chairman owned 319,385 shares in the company, valued at approximately $51,884,093.25. This trade represents a 33.68% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 348,618 shares of company stock worth $55,462,643. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $152.07 on Tuesday. The stock’s 50-day simple moving average is $153.55 and its two-hundred day simple moving average is $150.93. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $174.80. The firm has a market capitalization of $353.40 billion, a P/E ratio of 22.53, a P/E/G ratio of 5.04 and a beta of 0.37. 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 (NYSE:PG) last issued its quarterly earnings results on Friday, January 23rd. The company reported $1.88 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. During the same quarter last year, the company posted $1.88 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. As a group, equities analysts anticipate 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 was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were given a dividend of $1.0568 per share. The ex-dividend date was Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s payout ratio is presently 62.52%.

Analysts Set New Price Targets

PG has been the subject of a number of recent analyst reports. Rothschild & Co Redburn lifted their target price on Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a report on Friday, January 23rd. BNP Paribas Exane lowered their price target on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Wells Fargo & Company restated an “overweight” rating and issued a $177.00 price objective on shares of Procter & Gamble in a research report on Tuesday, February 17th. Erste Group Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Finally, TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and increased their target price for the stock from $150.00 to $156.00 in a research note on Tuesday, January 27th. Fourteen equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $168.33.

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.