Procter & Gamble (NYSE:PG) CEO Gary Coombe Sells 36,093 Shares

Procter & Gamble Company (The) (NYSE:PG) CEO Gary Coombe sold 36,093 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.33, for a total value of $5,858,976.69. Following the completion of the transaction, the chief executive officer directly owned 34,994 shares in the company, valued at $5,680,576.02. This trade represents a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $161.27 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $179.99. The company has a market capitalization of $374.79 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 5.32 and a beta of 0.38. The business has a 50-day moving average of $146.80 and a 200-day moving average of $150.44.

Procter & Gamble (NYSE:PG) last announced its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. The business had revenue of $22.21 billion for the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The company’s revenue was up 1.5% on a year-over-year basis. During the same period last year, the business posted $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be given a dividend of $1.0568 per share. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s payout ratio is presently 62.67%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PG. Vanguard Group Inc. boosted its holdings in Procter & Gamble by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after purchasing an additional 2,829,151 shares during the period. State Street Corp lifted its position in shares of Procter & Gamble by 0.4% in the 3rd quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after buying an additional 370,872 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Procter & Gamble by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock valued at $8,962,689,000 after buying an additional 1,974,556 shares during the period. Norges Bank bought a new stake in shares of Procter & Gamble during the 4th quarter valued at about $4,664,783,000. Finally, Franklin Resources Inc. raised its stake in Procter & Gamble by 4.5% during the fourth quarter. Franklin Resources Inc. now owns 23,872,178 shares of the company’s stock worth $3,421,122,000 after acquiring an additional 1,021,833 shares during the period. Institutional investors own 65.77% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently weighed in on PG shares. TD Cowen downgraded Procter & Gamble from a “buy” rating to a “hold” rating and raised their target price for the company from $150.00 to $156.00 in a research note on Tuesday, January 27th. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and upped their target price for the company from $156.00 to $179.00 in a research report on Tuesday, December 16th. Rothschild & Co Redburn increased their target price on Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Finally, UBS Group lifted their price target on shares of Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Thirteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $167.67.

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.