Plancorp LLC Sells 11,339 Shares of Procter & Gamble Company (The) $PG

Plancorp LLC lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 33.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,528 shares of the company’s stock after selling 11,339 shares during the quarter. Plancorp LLC’s holdings in Procter & Gamble were worth $3,228,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after acquiring an additional 2,829,151 shares during the period. State Street Corp boosted its position in Procter & Gamble by 0.4% in the third quarter. State Street Corp now owns 100,634,824 shares of the company’s stock worth $15,462,541,000 after purchasing an additional 370,872 shares during the last quarter. Franklin Resources Inc. boosted its position in Procter & Gamble by 8.3% in the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock worth $3,510,955,000 after purchasing an additional 1,752,481 shares during the last quarter. Legal & General Group Plc boosted its position in Procter & Gamble by 1.2% in the third quarter. Legal & General Group Plc now owns 16,556,061 shares of the company’s stock worth $2,543,839,000 after purchasing an additional 189,968 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its position in Procter & Gamble by 0.4% in the third quarter. Fisher Asset Management LLC now owns 11,008,454 shares of the company’s stock worth $1,691,449,000 after purchasing an additional 40,941 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on PG. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. Raymond James Financial cut their price objective on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 14th. Evercore set a $162.00 price objective on Procter & Gamble in a research report 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. Finally, Morgan Stanley cut their price objective on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $161.06.

Procter & Gamble Stock Performance

Shares of PG opened at $142.34 on Thursday. The firm has a market cap of $331.46 billion, a PE ratio of 20.81, a PEG ratio of 6.17 and a beta of 0.41. The stock’s fifty day moving average price is $146.77 and its two-hundred day moving average price is $148.33. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $170.99.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.03. The firm had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business’s revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be paid a $1.0885 dividend. The ex-dividend date is Friday, April 24th. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 annualized dividend and a dividend yield of 3.1%. Procter & Gamble’s dividend payout ratio is presently 63.60%.

Insider Buying and Selling at Procter & Gamble

In related news, insider Susan Street Whaley sold 1,809 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $159.46, for a total transaction of $288,463.14. Following the sale, the insider owned 30,215 shares of the company’s stock, valued at approximately $4,818,083.90. This represents a 5.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the sale, the insider directly owned 44,735 shares in the company, valued at $7,259,595.80. This trade represents a 25.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,527 shares of company stock worth $3,667,283 over the last ninety days. 0.20% of the stock is currently owned by company insiders.

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.