Illinois Municipal Retirement Fund lifted its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 4.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 246,112 shares of the company’s stock after buying an additional 9,792 shares during the period. Illinois Municipal Retirement Fund’s holdings in Procter & Gamble were worth $35,755,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Inspire Trust Co. N.A. boosted its holdings in shares of Procter & Gamble by 28.8% in the third quarter. Inspire Trust Co. N.A. now owns 42,500 shares of the company’s stock valued at $6,174,000 after buying an additional 9,500 shares during the period. Brooklyn FI LLC raised its holdings in shares of Procter & Gamble by 3,064.9% during the third quarter. Brooklyn FI LLC now owns 3,513 shares of the company’s stock worth $510,000 after acquiring an additional 3,402 shares during the period. Macco Financial Group Inc. acquired a new stake in shares of Procter & Gamble during the third quarter worth $203,000. Renasant Bank lifted its position in Procter & Gamble by 157.2% in the 3rd quarter. Renasant Bank now owns 6,717 shares of the company’s stock valued at $976,000 after acquiring an additional 4,105 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. lifted its position in Procter & Gamble by 2.1% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 56,584 shares of the company’s stock valued at $8,221,000 after acquiring an additional 1,187 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, CEO Juliana Azevedo sold 5,370 shares of the stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $169.00, for a total transaction of $907,530.00. Following the completion of the transaction, the chief executive officer directly owned 21,361 shares of the company’s stock, valued at approximately $3,610,009. This represents a 20.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Victor Aguilar sold 18,812 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $164.43, for a total value of $3,093,257.16. Following the completion of the transaction, the insider owned 55,243 shares of the company’s stock, valued at approximately $9,083,606.49. This represents a 25.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 197,756 shares of company stock valued at $32,336,001 in the last quarter. 0.23% of the stock is currently owned by corporate insiders.
Procter & Gamble Stock Performance
Shares of PG opened at $168.43 on Wednesday. The stock has a market capitalization of $390.38 billion, a price-to-earnings ratio of 25.37, a PEG ratio of 4.14 and a beta of 0.36. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $170.52. The firm has a fifty day simple moving average of $152.95 and a 200 day simple moving average of $149.64. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40.
Procter & Gamble (NYSE:PG – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The firm had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same period in the previous year, the business earned $1.99 EPS. The company’s revenue was up 4.0% compared to the same quarter last year. Research analysts forecast that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.
Procter & Gamble Announces Dividend
The business 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 $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.6%. Procter & Gamble’s payout ratio is currently 65.51%.
Key Stories Impacting Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: PG’s Beauty business posted 5% organic sales growth in fiscal Q1 2027, supported by Pantene and SK-II, product innovation, and stronger brand execution. Sustaining that momentum could help support growth, though its impact on the broader business remains uncertain. Article: Is Procter & Gamble’s Beauty Momentum Enough to Lift Growth?
- Neutral Sentiment: P&G named Shalini Saraswat Brand Director and Business Head for Pantene India, bringing prior P&G brand leadership and R&D experience. The appointment supports the company’s focus on hair care in India, but no expected financial effect was specified. Article: What Does Procter & Gamble Naming a New India Beauty Head Signal?
- Neutral Sentiment: In an advertising challenge brought by P&G, the National Advertising Division concluded that Unilever had substantiation for its challenged Dove body-wash moisturizing claims. This is a competitive setback for P&G, but no direct financial impact was reported. Article: National Advertising Division Found Unilever’s Dove Deep Moisture Body Wash Claims Supported
- Negative Sentiment: CEO Juliana Mont Santos sold 5,370 shares and CFO Andre Schulten sold 30,677 shares, both at $169 on Nov. 5. Each retained shares, but the sales and reductions in their respective holdings could weigh on investor sentiment. Article: Procter & Gamble CFO Andre Schulten Sells Shares CEO SEC filing
Wall Street Analyst Weigh In
PG has been the subject of a number of research reports. UBS Group set a $166.00 target price on Procter & Gamble in a report on Friday, October 23rd. Wells Fargo & Company boosted their price target on Procter & Gamble from $164.00 to $180.00 and gave the company an “overweight” rating in a report on Friday, October 23rd. HSBC cut Procter & Gamble from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $182.00 to $149.00 in a research report on Thursday, July 30th. DZ Bank downgraded Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 27th. Finally, Citigroup lifted their target price on Procter & Gamble from $180.00 to $187.00 and gave the company a “buy” rating in a research report on Friday, October 23rd. Fifteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $170.57.
Get Our Latest Analysis on Procter & Gamble
Procter & Gamble Company Profile
The Procter & Gamble Company is a consumer goods company that develops, manufactures and markets products for everyday use. Founded in 1837 by William Procter and James Gamble, the company is headquartered in Cincinnati, Ohio. Its products span beauty, grooming, health care, fabric and home care, and baby, feminine and family care. Well-known brands include Tide, Pampers, Gillette, Pantene, Olay, Oral-B, Crest, Dawn, Charmin and Bounty. Procter & Gamble sells its products in markets around the world through retail stores, e-commerce platforms and other distribution channels.
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