Korea Investment CORP Decreases Holdings in Procter & Gamble Company (The) $PG

Korea Investment CORP reduced its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 15.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,397,661 shares of the company’s stock after selling 263,688 shares during the quarter. Korea Investment CORP’s holdings in Procter & Gamble were worth $204,953,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Baxter Bros Inc. acquired a new stake in Procter & Gamble during the 2nd quarter worth $12,381,000. Cibc World Market Inc. grew its holdings in shares of Procter & Gamble by 40.6% during the fourth quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock worth $73,351,000 after purchasing an additional 147,701 shares during the last quarter. World Investment Advisors lifted its holdings in shares of Procter & Gamble by 15.9% in the 4th quarter. World Investment Advisors now owns 105,915 shares of the company’s stock valued at $15,179,000 after purchasing an additional 14,492 shares during the last quarter. Resources Management Corp CT ADV grew its stake in Procter & Gamble by 41.8% during the 4th quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock worth $11,681,000 after buying an additional 24,010 shares during the last quarter. Finally, Indivisible Partners acquired a new position in Procter & Gamble during the fourth quarter worth approximately $2,120,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Stock Down 0.9%

PG stock opened at $145.27 on Wednesday. The stock has a market capitalization of $337.67 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 4.52 and a beta of 0.39. The company has a fifty day moving average of $147.51 and a 200-day moving average of $148.52. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.02. The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, analysts expect that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were given a dividend of $1.0885 per share. The ex-dividend date was Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble’s payout ratio is presently 65.71%.

Insider Transactions at Procter & Gamble

In related news, insider Marc S. Pritchard sold 4,030 shares of the company’s stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $579,473.70. Following the transaction, the insider owned 187,001 shares of the company’s stock, valued at $26,888,873.79. This represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $145.24, for a total value of $52,141.16. Following the completion of the sale, the chief accounting officer directly owned 1,271 shares of the company’s stock, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 6,627 shares of company stock valued at $953,417. Corporate insiders own 0.20% of the company’s stock.

Key Headlines Impacting Procter & Gamble

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

• Positive Sentiment: Brokerages maintain a consensus “Moderate Buy” rating and an average price target of $161.19, above recent trading levels. The coverage includes an RBC “outperform” reiteration and bullish ratings from Jefferies and Wells Fargo. Procter & Gamble Given Average Recommendation of Moderate Buy
• Positive Sentiment: Investor attention is returning to PG’s dividend strength. The company’s quarterly payout of $1.0885 equals approximately $4.35 annually and a 3.0% yield, supporting its appeal as a defensive income holding. Procter & Gamble Dividend Strength Returns to Focus
• Neutral Sentiment: Two insiders sold shares to cover tax-withholding obligations tied to vested equity awards. Because these were not discretionary open-market sales, they provide limited information about management’s outlook. Procter & Gamble Insider Buying and Selling
• Neutral Sentiment: Dividend-investing commentary continues to identify PG as a long-term consumer-staples holding, though a 4.74% 10-year Treasury yield raises the return threshold for owning dividend stocks. Five Dividend Aristocrats to Own for Life
• Negative Sentiment: Chief Accounting Officer Matthew Janzaruk sold 359 shares worth $52,141, reducing his direct holdings by about 22%. The transaction is small, but the non-tax-related sale may add modest pressure to sentiment. Procter & Gamble CAO Stock Sale
• Negative Sentiment: PG’s latest results showed only 1.5% year-over-year revenue growth, revenue below expectations, and lower year-over-year EPS. With the stock valued at roughly 22 times earnings, investors may remain concerned that growth is not strong enough to justify the premium.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein reissued a “market perform” rating and issued a $149.00 price objective on shares of Procter & Gamble in a report on Monday. Royal Bank Of Canada reissued an “outperform” rating on shares of Procter & Gamble in a research report on Wednesday, August 19th. Jefferies Financial Group upped their target price on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a report on Friday, June 26th. Barclays raised their price target on Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Finally, HSBC reaffirmed a “hold” rating and set a $149.00 price objective (down from $182.00) on shares of Procter & Gamble in a research note on Thursday, July 30th. Thirteen equities research analysts have rated the stock with a Buy rating and eleven 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 a consensus price target of $161.19.

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.