Procter & Gamble Company (The) $PG Stock Position Cut by MGO One Seven LLC

MGO One Seven LLC decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PG) by 7.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,340 shares of the company’s stock after selling 7,936 shares during the quarter. MGO One Seven LLC’s holdings in Procter & Gamble were worth $13,560,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in PG. BlackRock Inc. bought a new position in Procter & Gamble in the 2nd quarter valued at approximately $27,862,105,000. Bank of America Corp DE acquired a new stake in Procter & Gamble in the second quarter valued at approximately $3,850,628,000. Bank of New York Mellon Corp bought a new stake in shares of Procter & Gamble during the second quarter worth $2,281,505,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Procter & Gamble during the second quarter worth $1,480,650,000. Finally, Corient Private Wealth LP bought a new stake in shares of Procter & Gamble during the second quarter worth $335,908,000. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling

In other Procter & Gamble news, CFO Andre Schulten sold 3,914 shares of Procter & Gamble stock in a transaction dated Monday, October 5th. The stock was 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 of the company’s stock, valued at approximately $9,536,920.12. The trade was a 5.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Susan Whaley sold 2,369 shares of the company’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $145.34, for a total value of $344,310.46. Following the completion of the sale, the insider owned 30,730 shares in the company, valued at $4,466,298.20. This trade represents a 7.16% decrease in their position. 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. Insiders have sold a total of 58,647 shares of company stock valued at $9,268,508 over the last quarter. 0.23% of the stock is currently owned by company insiders.

Procter & Gamble Stock Up 0.5%

NYSE:PG opened at $161.42 on Friday. The firm’s 50 day simple moving average is $149.99 and its 200 day simple moving average is $148.94. 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 one year low of $137.62 and a one year high of $167.25. The company has a market cap of $374.14 billion, a PE ratio of 24.31, a P/E/G ratio of 3.97 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share 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 firm had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same period in the previous year, the firm posted $1.99 EPS. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, research analysts anticipate that Procter & Gamble Company will post 6.99 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders 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 dividend yield of 2.7%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s payout ratio is 65.51%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on PG shares. Wells Fargo & Company upped their price target on shares of Procter & Gamble from $164.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. Bank of America cut their price objective on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Procter & Gamble in a research report on Friday, October 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, September 21st. Finally, Barclays upped their target price on Procter & Gamble from $152.00 to $165.00 and gave the stock an “equal weight” rating in a report on Monday, October 26th. Fifteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $170.57.

Key Procter & Gamble News

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

• Positive Sentiment: Analyst upgrade: Freedom Broker upgraded PG from “hold” to “buy,” providing a positive signal for the stock and reflecting greater confidence in the company’s outlook. Freedom Broker upgrades Procter & Gamble to buy from hold
• Positive Sentiment: Dividend appeal remains strong: Articles highlighted PG as a long-standing dividend leader, supporting its appeal to income-focused and defensive investors. The company’s record of dividend increases may help underpin demand for the shares, particularly when investors favor stable consumer-staples businesses. Dividend Kings article Trusted dividend stocks article
• Neutral Sentiment: Bond issuance adds balance-sheet context: PG’s euro- and dollar-denominated bond sale provides liquidity and funding flexibility, but it also draws attention to leverage, interest costs, and the company’s relatively elevated valuation. Procter & Gamble bond sale
• Neutral Sentiment: Growth story under review: Commentary on PG points to accelerating revenue growth, while also noting that higher operating costs could pressure margins and earnings. Investors are weighing improved sales momentum against cost inflation. Procter & Gamble revenue growth and costs What changed in Procter & Gamble’s story
• Negative Sentiment: Mixed rating signals and valuation risk: DZ Bank downgraded PG from “strong-buy” to “hold.” With shares trading at a premium valuation, a more cautious analyst stance could weigh on upside unless earnings growth accelerates. DZ Bank rating change
• Negative Sentiment: Advertising challenge produced only a limited win: Following PG’s challenge, the National Advertising Division supported Carpe’s $19.95 reference price but recommended changes or removal of other savings, free-shipping, comparative-performance, and “first” 100-hour protection claims. The outcome may modestly strengthen competitive advertising standards, but it does not represent a material financial catalyst for PG. National Advertising Division decision involving Carpe

Procter & Gamble 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.