Wedbush Securities Inc. Sells 4,293 Shares of Procter & Gamble Company (The) $PG

Wedbush Securities Inc. lessened its position in Procter & Gamble Company (The) (NYSE:PG) by 4.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 88,215 shares of the company’s stock after selling 4,293 shares during the period. Wedbush Securities Inc.’s holdings in Procter & Gamble were worth $12,816,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Baxter Bros Inc. bought a new position in Procter & Gamble during the second quarter worth $12,381,000. Empowered Funds LLC bought a new position in Procter & Gamble in the second quarter worth approximately $53,549,000. Bank of America Corp DE bought a new stake in shares of Procter & Gamble during the second quarter valued at approximately $3,850,628,000. Rokos Capital Management LLP acquired a new position in shares of Procter & Gamble during the first quarter worth approximately $29,914,000. Finally, Capstone Capital Management Ltd acquired a new position in shares of Procter & Gamble during the third quarter worth approximately $991,000. 65.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Susan Whaley sold 2,369 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $145.34, for a total transaction of $344,310.46. Following the transaction, the insider directly owned 30,730 shares of the company’s stock, valued at $4,466,298.20. This trade represents a 7.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Andre Schulten sold 3,914 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $145.34, for a total transaction of $568,860.76. Following the transaction, the chief financial officer directly owned 65,618 shares in the company, valued at $9,536,920.12. The trade was a 5.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 15,135 shares of company stock worth $2,189,970. Company 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: Multiple analysts raised targets and maintained bullish ratings. UBS lifted its target to $190 and retained a Buy rating, while Citigroup raised its target to $187, BNP Paribas Exane to $189, and JPMorgan to $180. Freedom Broker also upgraded PG from Hold to Buy with a $176 target. These revisions suggest analysts believe the earnings improvement and resilient demand can support further gains.
• Positive Sentiment: Fiscal Q1 results exceeded expectations. Adjusted EPS was $2.00 versus the $1.89 consensus, while revenue increased 4% year over year to $23.28 billion, topping estimates of approximately $22.80 billion. Organic sales also grew 4%, with volume contributing 2.4 percentage points. Procter & Gamble earnings beat as sales rise 4%
• Positive Sentiment: Demand and operating trends remain encouraging. Stronger volumes, favorable product mix, productivity savings, and resilient laundry and home-product sales supported the quarter. Investors also continue to value PG’s defensive business mix and 70-year record of dividend increases. P&G dividend history
• Neutral Sentiment: Fiscal 2027 guidance was mixed. The company raised its all-in sales-growth outlook, partly reflecting the Thorne acquisition, but projected revenue of $86.0 billion to $87.7 billion remains below the roughly $88.8 billion consensus. EPS guidance of $6.89 to $7.11 brackets expectations of $6.98.
• Negative Sentiment: Commodity and energy inflation remain the main risks. Higher oil, raw-material, transportation, and energy costs are expected to create an estimated $1.4 billion headwind and pressure margins. TD Cowen raised its target to $166 but kept a Hold rating, warning that cost inflation could limit the recovery. P&G commodity cost outlook

Procter & Gamble Stock Down 2.6%

Shares of PG stock traded down $4.38 during trading hours on Friday, reaching $161.21. The company had a trading volume of 10,329,913 shares, compared to its average volume of 9,831,411. The company has a market cap of $374.43 billion, a price-to-earnings ratio of 24.28, a price-to-earnings-growth ratio of 4.11 and a beta of 0.39. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.47. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $167.25. The business has a fifty day simple moving average of $148.41 and a 200-day simple moving average of $147.09.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The business had revenue of $23.28 billion during the quarter, compared to the consensus estimate of $22.80 billion. Procter & Gamble had a return on equity of 30.91% and a net margin of 18.23%. Procter & Gamble’s revenue was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.99 earnings per share. On average, research analysts expect that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s payout ratio is currently 65.71%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Citigroup lifted their price target on shares of Procter & Gamble from $180.00 to $187.00 and gave the company a “buy” rating in a research report on Friday. BNP Paribas Exane upped their price objective on shares of Procter & Gamble from $177.00 to $189.00 and gave the stock an “outperform” rating in a report on Friday. Royal Bank Of Canada set a $169.00 price objective on shares of Procter & Gamble in a research note on Friday. Evercore upgraded shares of Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price objective for the company in a report on Tuesday, October 6th. Finally, Barclays boosted their target price on shares of Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Fifteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $168.90.

About Procter & Gamble

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.