Tennessee Valley Asset Management Partners Sells 3,995 Shares of Procter & Gamble Company (The) $PG

Tennessee Valley Asset Management Partners decreased its holdings in Procter & Gamble Company (The) (NYSE:PG) by 23.8% in the third quarter, Holdings Channel reports. The firm owned 12,803 shares of the company’s stock after selling 3,995 shares during the period. Tennessee Valley Asset Management Partners’ holdings in Procter & Gamble were worth $1,860,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Guidance Capital Inc. grew its position in Procter & Gamble by 2.5% during the 3rd quarter. Guidance Capital Inc. now owns 8,541 shares of the company’s stock worth $1,241,000 after purchasing an additional 212 shares during the last quarter. Asset Dedication LLC increased its stake in Procter & Gamble by 3.1% during the 3rd quarter. Asset Dedication LLC now owns 14,710 shares of the company’s stock valued at $2,137,000 after purchasing an additional 449 shares in the last quarter. United Advisor Group LLC increased its stake in Procter & Gamble by 5.3% during the 3rd quarter. United Advisor Group LLC now owns 26,509 shares of the company’s stock valued at $3,851,000 after purchasing an additional 1,330 shares in the last quarter. Plancorp LLC raised its holdings in shares of Procter & Gamble by 1.7% in the third quarter. Plancorp LLC now owns 20,323 shares of the company’s stock worth $2,953,000 after buying an additional 333 shares during the last quarter. Finally, May Hill Capital LLC lifted its stake in shares of Procter & Gamble by 61.3% during the third quarter. May Hill Capital LLC now owns 4,173 shares of the company’s stock worth $606,000 after buying an additional 1,586 shares during the period. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

PG has been the topic of a number of research analyst reports. Barclays boosted their price objective on shares of Procter & Gamble from $152.00 to $165.00 and gave the company an “equal weight” rating in a report on Monday, October 26th. BNP Paribas Exane raised their target price on Procter & Gamble from $177.00 to $189.00 and gave the stock an “outperform” rating in a research note on Friday, October 23rd. Royal Bank Of Canada set a $169.00 price target on Procter & Gamble in a research report on Friday, October 23rd. Evercore upgraded Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target on the stock in a research note on Tuesday, October 6th. Finally, HSBC lowered Procter & Gamble from a “buy” rating to a “hold” rating and cut their price objective for the company from $182.00 to $149.00 in a report on Thursday, July 30th. Fifteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $170.57.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, insider Victor Aguilar sold 18,812 shares of Procter & Gamble stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $164.43, for a total transaction of $3,093,257.16. Following the completion of the transaction, the insider owned 55,243 shares in the company, valued at approximately $9,083,606.49. This trade represents a 25.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Matthew W. Janzaruk sold 9,479 shares of the business’s stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of $163.00, for a total value of $1,545,077.00. Following the completion of the transaction, the chief accounting officer directly owned 1,271 shares of the company’s stock, valued at approximately $207,173. This trade represents a 88.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 161,709 shares of company stock valued at $26,244,058 over the last ninety days. Corporate insiders own 0.23% of the company’s stock.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: P&G has raised its dividend for 70 consecutive years. Its quarterly payout is about $1.09 per share, equivalent to a roughly 2.6% yield, supporting the stock’s appeal to income-focused investors. Article: P&G dividend history and yield
• Positive Sentiment: Recent coverage points to investor interest in consumer-staples stocks as technology shares weaken. P&G may benefit from its defensive profile and dividend reputation. Article: Consumer staples rotation
• Neutral Sentiment: Zacks Research made mixed earnings-estimate changes: it lowered several forecasts for 2027 and 2028, while modestly raising some later-period estimates. The mixed revisions offer no clear overall change in the longer-term outlook. Procter & Gamble analyst estimates
• Neutral Sentiment: Management will discuss strategy and P&G’s long-term transformation at an Investor Day webcast on November 19; investors may look for updates on growth and execution. Article: P&G Investor Day webcast
• Negative Sentiment: CFO Andre Schulten sold 33,624 shares for about $5.55 million, reducing his direct stake by roughly 34%. The sale may concern investors, although insider transactions alone do not establish a change in the company’s prospects. Article: CFO share sale

Procter & Gamble Stock Performance

PG traded down $1.79 during trading on Friday, reaching $165.31. 7,872,284 shares of the company’s stock were exchanged, compared to its average volume of 10,330,998. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.53. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $170.52. The company’s fifty day simple moving average is $152.01 and its 200-day simple moving average is $149.43. The stock has a market capitalization of $383.15 billion, a P/E ratio of 24.90, a price-to-earnings-growth ratio of 4.02 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. The business had revenue of $23.28 billion for the quarter, compared to the consensus estimate of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.99 EPS. As a group, research analysts predict that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be given a dividend of $1.0885 per share. The ex-dividend date is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble’s payout ratio is currently 65.51%.

Procter & Gamble Company Profile