Meritage Portfolio Management Trims Stock Holdings in Procter & Gamble Company (The) $PG

Meritage Portfolio Management decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 7.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 53,413 shares of the company’s stock after selling 4,553 shares during the quarter. Meritage Portfolio Management’s holdings in Procter & Gamble were worth $8,207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Procter & Gamble by 1.4% during the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after acquiring an additional 3,189,111 shares during the last quarter. Kingstone Capital Partners Texas LLC increased its holdings in shares of Procter & Gamble by 655,209.0% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company’s stock worth $11,832,680,000 after buying an additional 76,017,350 shares during the last quarter. Geode Capital Management LLC increased its stake in Procter & Gamble by 1.8% during the second quarter. Geode Capital Management LLC now owns 59,415,933 shares of the company’s stock worth $9,439,341,000 after acquiring an additional 1,060,713 shares during the last quarter. Norges Bank purchased a new stake in shares of Procter & Gamble in the 2nd quarter valued at approximately $5,099,644,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Procter & Gamble by 1.7% in the second quarter. Charles Schwab Investment Management Inc. now owns 17,385,571 shares of the company’s stock valued at $2,770,035,000 after buying an additional 294,673 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $149.57, for a total transaction of $108,438.25. Following the completion of the transaction, the chief accounting officer directly owned 979 shares of the company’s stock, valued at $146,429.03. This represents a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 0.20% of the company’s stock.

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: Wells Fargo initiated coverage/issued a “Buy” on PG, signaling conviction in the company’s brand strength and cash flow profile, which likely supports the stock’s upward move. Procter & Gamble (PG) Gets a Buy from Wells Fargo
• Positive Sentiment: TD Cowen reiterated a bullish stance on PG, reinforcing investor confidence in near-term earnings stability and margin resilience. TD Cowen is bullish on the Procter & Gamble Company (PG)
• Positive Sentiment: P&G declared a quarterly dividend of $1.0568 per share (record Jan. 23, payable Feb. 17), continuing its long dividend streak and supporting income-oriented demand for the stock. P&G Declares Quarterly Dividend, January 2026
• Neutral Sentiment: P&G advised shareholders to reject a Potemkin Limited mini‑tender offering $100 per share for up to 50,000 shares — a protective corporate action but with limited market impact given the tiny size of the offer. P&G Recommends Stockholders Reject Mini-Tender Offer by Potemkin Limited
• Neutral Sentiment: Profiles on new CEO Shailesh Jejurikar’s personal net worth are getting attention but are unlikely to materially move fundamentals; investors are focused more on strategy and results. Net worth of new P&G CEO Shailesh Jejurikar could nearly double
• Negative Sentiment: Analysts flag tariff pressures as a risk to P&G’s plan for up to 4% organic sales growth — higher input/import costs and constrained pricing could weigh on margins and future top-line execution. Is Procter & Gamble’s 4% Sales Growth Target at Risk From Tariff Woes?

Procter & Gamble Trading Up 1.4%

Shares of Procter & Gamble stock opened at $146.30 on Thursday. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The company has a fifty day simple moving average of $144.80 and a 200-day simple moving average of $151.20. The stock has a market cap of $341.86 billion, a price-to-earnings ratio of 21.36, a PEG ratio of 4.87 and a beta of 0.39. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. Procter & Gamble’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be issued a $1.0568 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is presently 61.75%.

Analyst Ratings Changes

Several research analysts have recently commented on PG shares. Wells Fargo & Company lowered their price objective on shares of Procter & Gamble from $170.00 to $158.00 and set an “overweight” rating for the company in a research note on Monday, January 5th. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a research note on Monday, October 27th. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, December 29th. Berenberg Bank lifted their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. Finally, Cowen reissued a “buy” rating on shares of Procter & Gamble in a report on Thursday, January 8th. Fifteen investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $168.55.

Procter & Gamble 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.