Procter & Gamble Company (The) $PG Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB reduced its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 2.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 907,949 shares of the company’s stock after selling 22,926 shares during the quarter. Handelsbanken Fonder AB’s holdings in Procter & Gamble were worth $139,506,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Czech National Bank grew its position in Procter & Gamble by 3.8% during the 3rd quarter. Czech National Bank now owns 594,914 shares of the company’s stock worth $91,409,000 after purchasing an additional 21,825 shares during the last quarter. Westerkirk Capital Inc. acquired a new stake in shares of Procter & Gamble during the second quarter worth about $4,796,000. Vega Investment Solutions grew its holdings in shares of Procter & Gamble by 1.3% during the second quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock worth $101,710,000 after buying an additional 8,500 shares during the last quarter. Triodos Investment Management BV increased its position in Procter & Gamble by 7.3% in the 3rd quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock valued at $39,195,000 after acquiring an additional 17,400 shares during the period. Finally, Jump Financial LLC purchased a new stake in Procter & Gamble during the 2nd quarter valued at approximately $7,891,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Insider Activity at Procter & Gamble

In related news, insider Moses Victor Javier Aguilar sold 15,169 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $162.28, for a total value of $2,461,625.32. Following the sale, the insider directly owned 44,735 shares in the company, valued at $7,259,595.80. The trade was a 25.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Jon R. Moeller sold 162,232 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the completion of the sale, the chairman directly owned 319,385 shares in the company, valued at $51,884,093.25. This trade represents a 33.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 343,069 shares of company stock valued at $54,545,448 in the last 90 days. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Stock Performance

Shares of PG opened at $163.67 on Friday. The company has a quick ratio of 0.51, a current ratio of 0.72 and a debt-to-equity ratio of 0.49. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $179.99. The company has a 50-day simple moving average of $150.50 and a 200-day simple moving average of $151.03. The company has a market capitalization of $380.37 billion, a PE ratio of 24.25, a P/E/G ratio of 5.46 and a beta of 0.38.

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

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Friday, January 23rd were issued a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.6%. Procter & Gamble’s payout ratio is currently 62.67%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PG. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Rothschild & Co Redburn lifted their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. UBS Group boosted their price objective on shares of Procter & Gamble from $161.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Erste Group Bank upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Finally, Piper Sandler initiated coverage on shares of Procter & Gamble in a research note on Wednesday, January 7th. They set a “neutral” rating and a $150.00 price target on the stock. Fourteen analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $168.33.

Check Out Our Latest Analysis on PG

Procter & Gamble Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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