Procter & Gamble (NYSE:PG) Insider Sells $14,495,738.45 in Stock

Procter & Gamble Company (The) (NYSE:PG) insider Marc Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $151.15, for a total value of $14,495,738.45. Following the sale, the insider owned 182,607 shares of the company’s stock, valued at approximately $27,601,048.05. This trade represents a 34.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Procter & Gamble Price Performance

PG stock opened at $147.45 on Thursday. Procter & Gamble Company has a one year low of $137.62 and a one year high of $179.99. The firm has a 50 day simple moving average of $144.84 and a two-hundred day simple moving average of $150.35. The stock has a market cap of $342.68 billion, a PE ratio of 21.84, a P/E/G ratio of 4.93 and a beta of 0.39. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51.

Procter & Gamble (NYSE:PG) last released its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The business had revenue of $22.21 billion for the quarter, compared to analysts’ expectations of $22.36 billion. During the same quarter in the prior year, the firm earned $1.88 earnings per share. The firm’s revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be paid a $1.0568 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.9%. Procter & Gamble’s payout ratio is currently 62.67%.

Institutional Investors Weigh In On Procter & Gamble

A number of large investors have recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC purchased a new stake in Procter & Gamble in the third quarter worth $25,000. Maseco LLP purchased a new stake in shares of Procter & Gamble during the fourth quarter valued at approximately $28,000. Saranac Partners Ltd bought a new stake in shares of Procter & Gamble in the 3rd quarter worth $30,000. Corundum Trust Company INC bought a new stake in Procter & Gamble in the 3rd quarter worth about $32,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Procter & Gamble in the second quarter worth approximately $34,000. Institutional investors own 65.77% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on PG shares. Raymond James Financial reduced their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Rothschild & Co Redburn raised their target price on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, January 23rd. Barclays set a $155.00 price target on shares of Procter & Gamble in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research report on Monday, December 8th. Finally, BNP Paribas Exane decreased their price objective on shares of Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Thirteen investment 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, the company currently has an average rating of “Moderate Buy” and an average target price of $167.00.

Procter & Gamble Company Profile

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.