Procter & Gamble Company (The) $PG Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. reduced its stake in Procter & Gamble Company (The) (NYSE:PG) by 10.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 399,988 shares of the company’s stock after selling 46,484 shares during the period. TD Waterhouse Canada Inc.’s holdings in Procter & Gamble were worth $61,357,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. one8zero8 LLC increased its holdings in Procter & Gamble by 10.2% in the third quarter. one8zero8 LLC now owns 12,625 shares of the company’s stock valued at $1,940,000 after buying an additional 1,170 shares in the last quarter. Coastal Bridge Advisors LLC increased its stake in Procter & Gamble by 0.9% in the 3rd quarter. Coastal Bridge Advisors LLC now owns 24,340 shares of the company’s stock valued at $3,740,000 after purchasing an additional 209 shares in the last quarter. Traynor Capital Management Inc. grew its holdings in Procter & Gamble by 16.9% in the third quarter. Traynor Capital Management Inc. now owns 4,440 shares of the company’s stock valued at $682,000 after purchasing an additional 641 shares during the last quarter. Field & Main Bank boosted its position in shares of Procter & Gamble by 0.3% in the 3rd quarter. Field & Main Bank now owns 26,226 shares of the company’s stock worth $4,030,000 after buying an additional 79 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Procter & Gamble by 16.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 384,432 shares of the company’s stock valued at $59,068,000 after acquiring an additional 52,989 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Marc S. Pritchard sold 95,903 shares of the company’s stock in a transaction on 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 completion of the sale, the insider directly owned 182,607 shares in the company, valued at approximately $27,601,048.05. This represents a 34.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Price Performance

Shares of NYSE PG opened at $147.45 on Thursday. The company has a market capitalization of $342.68 billion, a price-to-earnings ratio of 21.84, a price-to-earnings-growth ratio of 4.93 and a beta of 0.39. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $179.99. The business has a 50 day simple moving average of $144.84 and a 200-day simple moving average of $150.35. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49.

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

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors 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 dividend yield of 2.9%. Procter & Gamble’s payout ratio is presently 62.67%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. BNP Paribas Exane lowered their target price on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Raymond James Financial dropped their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. TD Cowen cut shares of Procter & Gamble from a “buy” rating to a “hold” rating and raised their price target for the stock from $150.00 to $156.00 in a research note on Tuesday. Barclays set a $155.00 price objective on shares of Procter & Gamble in a research note on Friday, January 16th. Finally, Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and lifted their price objective for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. Thirteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target 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.