Representative Rick W. Allen (Republican-Georgia) recently sold shares of Procter & Gamble Company (The) (NYSE:PG). In a filing disclosed on June 05th, the Representative disclosed that they had sold between $15,001 and $50,000 in Procter & Gamble stock on April 16th. The trade occurred in the Representative’s “R.W. ALLEN & ASSOCIATES, INC. > RWA&A – SECURITIES” account.
Representative Rick W. Allen also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 4/16/2026.
- Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 4/16/2026.
- Sold $15,001 – $50,000 in shares of Abbott Laboratories (NYSE:ABT) on 4/16/2026.
- Sold $50,001 – $100,000 in shares of Ameriprise Financial (NYSE:AMP) on 4/15/2026.
Procter & Gamble Price Performance
Shares of Procter & Gamble stock traded up $3.42 during trading hours on Tuesday, reaching $148.52. The company’s stock had a trading volume of 8,252,670 shares, compared to its average volume of 8,245,764. The firm has a 50 day moving average price of $144.35 and a 200-day moving average price of $147.70. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The stock has a market cap of $345.83 billion, a P/E ratio of 21.71, a P/E/G ratio of 6.23 and a beta of 0.39. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25.
Procter & Gamble Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a $1.0885 dividend. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is presently 63.60%.
Hedge Funds Weigh In On Procter & Gamble
Hedge funds and other institutional investors have recently modified their holdings of the stock. Rathbones Group PLC increased its position in shares of Procter & Gamble by 3.1% in the 1st quarter. Rathbones Group PLC now owns 1,546,258 shares of the company’s stock valued at $223,342,000 after acquiring an additional 46,631 shares during the period. Pine Valley Investments Ltd Liability Co grew its stake in Procter & Gamble by 1.4% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 42,324 shares of the company’s stock valued at $6,113,000 after purchasing an additional 581 shares during the last quarter. Farmers National Bank increased its holdings in shares of Procter & Gamble by 0.9% in the first quarter. Farmers National Bank now owns 51,600 shares of the company’s stock valued at $7,453,000 after purchasing an additional 462 shares during the period. Evansbrook LLC increased its holdings in shares of Procter & Gamble by 2.2% in the first quarter. Evansbrook LLC now owns 6,663 shares of the company’s stock valued at $962,000 after purchasing an additional 145 shares during the period. Finally, Wealthquest Corp raised its stake in shares of Procter & Gamble by 4.1% in the first quarter. Wealthquest Corp now owns 194,479 shares of the company’s stock worth $28,091,000 after purchasing an additional 7,656 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Procter & Gamble’s Downy brand is launching Boutique Botanicals, a premium in-wash scent bead line created with Cynthia Rowley, which may help strengthen its home-care portfolio and support higher-margin premium sales. Procter And Gamble Taps Cynthia Rowley For Premium Downy Scent Launch
- Positive Sentiment: The new Downy Boutique Botanicals launch was also highlighted in a company release, reinforcing ongoing innovation in a core household-products business that investors often view as resilient in uncertain markets. New Downy Boutique Botanicals Scent Beads Bring Nature-Inspired Boutique Fragrances to Your Laundry
- Neutral Sentiment: Commentary describing Procter & Gamble as “the market’s shield” underscores the company’s defensive appeal, but it is more of a sentiment piece than a direct earnings or guidance catalyst. How Procter and Gamble Became the Market’s Shield
- Neutral Sentiment: Broader rotation out of tech and into defensive sectors may be providing a tailwind for PG, but this is an indirect market factor rather than company-specific news. Deja Vu? AI Overspending Fears Renew
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on PG. Raymond James Financial dropped their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. UBS Group raised their price target on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Barclays cut their price objective on Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. The Goldman Sachs Group decreased their target price on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research report on Wednesday, April 8th. Finally, Piper Sandler boosted their target price on shares of Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average target price of $161.06.
Check Out Our Latest Stock Analysis on PG
About Representative Allen
Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.
Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.
After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.
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.
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