Procter & Gamble Company (The) $PG Shares Newly Acquired by NBT Bank N.A.

NBT Bank N.A. acquired a new stake in Procter & Gamble Company (The) (NYSE:PG) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 113,155 shares of the company’s stock, valued at approximately $16,439,000. Procter & Gamble makes up about 1.1% of NBT Bank N.A.’s holdings, making the stock its 17th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mowery & Schoenfeld Wealth Management LLC bought a new position in Procter & Gamble during the 2nd quarter worth approximately $26,000. Montgomery Financial Services LLC acquired a new position in shares of Procter & Gamble in the 2nd quarter worth approximately $28,000. Paladin Partners LLC acquired a new position in shares of Procter & Gamble in the 2nd quarter worth approximately $29,000. Evergreen Advisors LLC bought a new stake in shares of Procter & Gamble in the 1st quarter valued at approximately $37,000. Finally, Toews Corp ADV bought a new stake in shares of Procter & Gamble in the 2nd quarter valued at approximately $37,000. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $165.94 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. The firm’s 50-day moving average price is $148.08 and its two-hundred day moving average price is $146.99. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The stock has a market capitalization of $385.41 billion, a P/E ratio of 25.07, a P/E/G ratio of 3.90 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last issued its earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. The company 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 31.36% and a net margin of 18.44%. Procter & Gamble’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.99 earnings per share. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.98 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be issued a $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 annualized dividend and a dividend yield of 2.6%. Procter & Gamble’s dividend payout ratio (DPR) is 65.71%.

Insiders Place Their Bets

In related news, CAO Matthew Janzaruk sold 359 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $145.24, for a total transaction of $52,141.16. Following the completion of the transaction, the chief accounting officer owned 1,271 shares in the company, valued at $184,600.04. The trade was a 22.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Susan Whaley sold 2,369 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $145.34, for a total value of $344,310.46. Following the transaction, the insider owned 30,730 shares of the company’s stock, valued at approximately $4,466,298.20. The trade was a 7.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 15,135 shares of company stock worth $2,189,970. 0.23% of the stock is currently owned by insiders.

Procter & Gamble News Roundup

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Fiscal Q1 earnings per share came in at $2.00, above the roughly $1.89 analyst consensus, while revenue rose 4% year over year to $23.28 billion, exceeding expectations of approximately $22.80 billion. Procter & Gamble earnings beat as sales rise 4%
• Positive Sentiment: Organic sales increased 4%, supported by volume growth, favorable product mix and productivity savings. Laundry and home-care products were highlighted as key contributors. P&G Q1 Earnings Beat on Volume Growth & Favorable Mix
• Positive Sentiment: P&G raised its fiscal 2027 all-in sales-growth outlook, primarily reflecting the acquisition of Thorne. Management also reiterated its broader full-year revenue forecast, reducing concern that consumer weakness would derail the business. Procter & Gamble Boosts FY27 All-in-sales Growth Outlook
• Positive Sentiment: Investors appeared to favor P&G’s defensive characteristics as broader markets weakened, while increased call-option activity reflected stronger near-term trading interest. P&G Jumps as Earnings Beat Draws Defensive Buyers
• Neutral Sentiment: Management said changing demographics may support premium baby-care demand: fewer children per household can lead parents to spend more on each child, benefiting products such as Pampers. Americans are having fewer babies and pampering them with luxury diapers
• Negative Sentiment: Higher commodity and fuel costs are expected to create an approximately $1.4 billion annual profit headwind, which could pressure margins even as sales remain healthy. P&G flags bigger hit to annual profit from higher commodity costs

Analysts Set New Price Targets

Several equities research analysts recently issued reports on PG shares. Bank of America dropped their price target on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. UBS Group reaffirmed a “buy” rating on shares of Procter & Gamble in a report on Friday, October 16th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $149.00 price objective on shares of Procter & Gamble in a report on Monday, August 24th. BMO Capital Markets boosted their target price on shares of Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Finally, TD Cowen reissued a “hold” rating and set a $150.00 target price on shares of Procter & Gamble in a report on Wednesday, September 30th. Fourteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $162.50.

Procter & Gamble Company Profile

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.