First National Trust Co Sells 33,116 Shares of Procter & Gamble Company (The) $PG

First National Trust Co cut its stake in Procter & Gamble Company (The) (NYSE:PGFree Report) by 34.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,826 shares of the company’s stock after selling 33,116 shares during the quarter. First National Trust Co’s holdings in Procter & Gamble were worth $8,860,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PG. Vanguard Group Inc. raised its position in shares of Procter & Gamble by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after purchasing an additional 2,829,151 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Procter & Gamble by 100.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock valued at $782,607,000 after purchasing an additional 2,741,924 shares during the period. Amundi raised its position in shares of Procter & Gamble by 26.3% in the third quarter. Amundi now owns 10,682,455 shares of the company’s stock valued at $1,606,748,000 after purchasing an additional 2,222,560 shares during the period. Franklin Resources Inc. raised its position in shares of Procter & Gamble by 8.3% in the third quarter. Franklin Resources Inc. now owns 22,850,345 shares of the company’s stock valued at $3,510,955,000 after purchasing an additional 1,752,481 shares during the period. Finally, Danske Bank A S bought a new position in shares of Procter & Gamble in the third quarter valued at about $252,853,000. 65.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

PG has been the topic of several research analyst reports. Evercore set a $162.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. Barclays dropped their price objective on shares of 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. UBS Group increased their price objective on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Wells Fargo & Company increased their price objective on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Finally, The Goldman Sachs Group dropped their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Eleven equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Check Out Our Latest Report on PG

Procter & Gamble Trading Up 0.8%

PG stock opened at $144.50 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The company’s 50-day simple moving average is $144.93 and its 200 day simple moving average is $147.95. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $170.99. The company has a market capitalization of $336.49 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 6.19 and a beta of 0.41.

Procter & Gamble (NYSE:PGGet Free Report) last released its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business had revenue of $21.24 billion for the quarter, compared to the consensus estimate of $21.52 billion. During the same period in the prior year, the company posted $1.54 earnings per share. Procter & Gamble’s revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were paid a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date was Friday, April 24th. Procter & Gamble’s dividend payout ratio is currently 63.60%.

Insider Activity at Procter & Gamble

In related news, CEO Ma. Fatima Francisco sold 5,549 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $165.29, for a total value of $917,194.21. Following the transaction, the chief executive officer directly owned 1,029 shares in the company, valued at approximately $170,083.41. This represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.20% of the company’s stock.

Procter & Gamble Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PGFree Report).

Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

Receive News & Ratings for Procter & Gamble Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Procter & Gamble and related companies with MarketBeat.com's FREE daily email newsletter.