9,764 Procter & Gamble Company (The) $PG Shares Purchased by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators grew its position in Procter & Gamble Company (The) (NYSE:PG) by 13.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,262 shares of the company’s stock after purchasing an additional 9,764 shares during the period. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Procter & Gamble were worth $12,242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Ellis Investment Partners LLC boosted its position in Procter & Gamble by 0.7% during the 3rd quarter. Ellis Investment Partners LLC now owns 8,816 shares of the company’s stock worth $1,281,000 after acquiring an additional 64 shares during the last quarter. Clark Wealth Partners raised its holdings in shares of Procter & Gamble by 20.6% in the third quarter. Clark Wealth Partners now owns 387 shares of the company’s stock valued at $56,000 after purchasing an additional 66 shares during the last quarter. Kuhn & Co Investment Counsel raised its holdings in shares of Procter & Gamble by 1.0% in the third quarter. Kuhn & Co Investment Counsel now owns 6,555 shares of the company’s stock valued at $952,000 after purchasing an additional 66 shares during the last quarter. Whelan Financial lifted its position in shares of Procter & Gamble by 1.9% in the third quarter. Whelan Financial now owns 3,689 shares of the company’s stock worth $536,000 after purchasing an additional 68 shares in the last quarter. Finally, Midwest Professional Planners LTD. lifted its position in shares of Procter & Gamble by 2.6% in the second quarter. Midwest Professional Planners LTD. now owns 2,799 shares of the company’s stock worth $410,000 after purchasing an additional 70 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Victor Aguilar sold 18,812 shares of Procter & Gamble stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $164.43, for a total transaction of $3,093,257.16. Following the completion of the transaction, the insider owned 55,243 shares in the company, valued at approximately $9,083,606.49. This trade represents a 25.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO El Hak Hesham Abd sold 2,250 shares of the firm’s stock in a transaction that occurred on Thursday, November 12th. The shares were sold at an average price of $168.47, for a total value of $379,057.50. Following the completion of the sale, the chief executive officer directly owned 8,968 shares of the company’s stock, valued at approximately $1,510,838.96. The trade was a 20.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 200,006 shares of company stock worth $32,715,058 in the last three months. Insiders own 0.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on PG shares. UBS Group set a $166.00 target price on shares of Procter & Gamble in a research report on Friday, October 23rd. Deutsche Bank restated a “buy” rating on shares of Procter & Gamble in a research note on Friday, October 23rd. Morgan Stanley increased their price objective on shares of Procter & Gamble from $166.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, October 23rd. JPMorgan Chase & Co. lifted their target price on Procter & Gamble from $162.00 to $180.00 and gave the company an “overweight” rating in a research report on Friday, October 23rd. Finally, Wells Fargo & Company upped their target price on Procter & Gamble from $164.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. Fifteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $170.57.

Key Procter & Gamble News

These are some of the PG news items that stood out recently:

• Positive Sentiment: Commentary highlights P&G’s essential household brands, strong cash generation and a 70-year streak of dividend increases; one article cited a recent yield of about 2.6%. These qualities may appeal to income-focused investors. Article: Procter & Gamble Has Raised Its Dividend for 70 Straight Years
• Neutral Sentiment: A valuation analysis questions whether P&G’s share price is supported by future cash flows, noting its 29.7% five-year return. The article raises a valuation question rather than offering a clear near-term catalyst. Article: Is Procter & Gamble Worth More Than Its Price Today?
• Negative Sentiment: One market commentator preferred Nvidia to P&G, citing P&G’s roughly 23-times earnings valuation. That comparison may weigh on sentiment among investors seeking cheaper growth opportunities. Article: Nvidia at 11X Earnings?

Procter & Gamble Price Performance

NYSE:PG opened at $168.02 on Friday. The stock has a market capitalization of $389.43 billion, a PE ratio of 25.30, a P/E/G ratio of 4.12 and a beta of 0.36. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $170.52. The firm has a fifty day simple moving average of $153.80 and a 200 day simple moving average of $149.82. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last posted 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. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The firm had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same period in the prior year, the firm posted $1.99 earnings per share. The company’s quarterly revenue was up 4.0% compared to the same quarter last year. On average, research analysts expect that Procter & Gamble Company will post 6.99 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s dividend payout ratio is presently 65.51%.

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.