Confluence Wealth Services Inc. reduced its stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 5.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,446 shares of the company’s stock after selling 3,388 shares during the period. Confluence Wealth Services Inc.’s holdings in Procter & Gamble were worth $8,781,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Mowery & Schoenfeld Wealth Management LLC bought a new stake in Procter & Gamble during the second quarter worth approximately $26,000. Montgomery Financial Services LLC acquired a new stake in Procter & Gamble in the second quarter worth approximately $28,000. Paladin Partners LLC acquired a new stake in Procter & Gamble in the second quarter worth approximately $29,000. Evergreen Advisors LLC acquired a new stake in Procter & Gamble in the first quarter worth approximately $37,000. Finally, Toews Corp ADV bought a new position in Procter & Gamble during the 2nd quarter valued at $37,000. 65.77% of the stock is currently owned by institutional investors.
Insider Transactions at Procter & Gamble
In other Procter & Gamble news, CAO Matthew Janzaruk sold 9,479 shares of the company’s stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total value of $1,545,077.00. Following the transaction, the chief accounting officer owned 1,271 shares of the company’s stock, valued at approximately $207,173. This represents a 88.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Shailesh Jejurikar sold 35,000 shares of the company’s stock in a transaction on Friday, October 23rd. The shares were sold at an average price of $163.09, for a total value of $5,708,150.00. Following the completion of the transaction, the chief executive officer directly owned 55,391 shares in the company, valued at $9,033,718.19. This represents a 38.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 197,756 shares of company stock valued at $32,336,001 in the last 90 days. 0.23% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Barclays lifted their price target on Procter & Gamble from $152.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, October 26th. Evercore raised Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price objective on the stock in a research note on Tuesday, October 6th. Morgan Stanley upped their price objective on Procter & Gamble from $166.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 23rd. BNP Paribas Exane upped their price objective on Procter & Gamble from $177.00 to $189.00 and gave the company an “outperform” rating in a report on Friday, October 23rd. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $149.00 target price on shares of Procter & Gamble in a research note on Monday, August 24th. Fifteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $170.57.
Check Out Our Latest Stock Analysis on PG
Procter & Gamble Stock Performance
Shares of PG opened at $168.43 on Wednesday. The firm’s 50 day moving average is $152.95 and its 200-day moving average is $149.64. The stock has a market capitalization of $390.38 billion, a P/E ratio of 25.37, a P/E/G ratio of 4.14 and a beta of 0.36. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.53. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.52.
Procter & Gamble (NYSE:PG – Get Free Report) last released its earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The business had revenue of $23.28 billion for the quarter, compared to the consensus estimate of $22.80 billion. During the same period in the previous year, the firm earned $1.99 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. Equities research analysts anticipate that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.
Procter & Gamble Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a $1.0885 dividend. The ex-dividend date is Friday, October 23rd. This represents a $4.35 annualized dividend and a yield of 2.6%. Procter & Gamble’s payout ratio is 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
Procter & Gamble 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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