Procter & Gamble Company (The) $PG Stock Purchased by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its position in Procter & Gamble Company (The) (NYSE:PG) by 9.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 224,320 shares of the company’s stock after buying an additional 18,542 shares during the period. D.A. Davidson & CO.’s holdings in Procter & Gamble were worth $32,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Ellis Investment Partners LLC boosted its position in Procter & Gamble by 0.7% in the third quarter. Ellis Investment Partners LLC now owns 8,816 shares of the company’s stock worth $1,281,000 after purchasing an additional 64 shares during the last quarter. Clark Wealth Partners grew its stake in shares of Procter & Gamble by 20.6% during the 3rd quarter. Clark Wealth Partners now owns 387 shares of the company’s stock valued at $56,000 after purchasing an additional 66 shares during the period. KLCM Advisors Inc. increased its position in shares of Procter & Gamble by 0.9% during the 1st quarter. KLCM Advisors Inc. now owns 7,890 shares of the company’s stock valued at $1,140,000 after purchasing an additional 70 shares during the last quarter. Midwest Professional Planners LTD. lifted its stake in shares of Procter & Gamble by 2.6% in the 2nd quarter. Midwest Professional Planners LTD. now owns 2,799 shares of the company’s stock worth $410,000 after purchasing an additional 70 shares during the period. Finally, Legacy Solutions LLC lifted its stake in shares of Procter & Gamble by 3.8% in the 2nd quarter. Legacy Solutions LLC now owns 1,928 shares of the company’s stock worth $283,000 after purchasing an additional 71 shares during the period. Institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on PG. Bank of America dropped their price objective on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Freedom Broker raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 target price for the company in a report on Friday, October 23rd. BNP Paribas Exane increased their price target on shares of Procter & Gamble from $177.00 to $189.00 and gave the stock an “outperform” rating in a research report on Friday, October 23rd. Citigroup lifted their price target on shares of Procter & Gamble from $180.00 to $187.00 and gave the stock a “buy” rating in a research note on Friday, October 23rd. Finally, Morgan Stanley boosted their price objective on shares of Procter & Gamble from $166.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, October 23rd. Fifteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $170.57.

Procter & Gamble Stock Down 0.5%

NYSE PG opened at $158.38 on Thursday. The stock’s 50-day moving average price is $149.30 and its 200-day moving average price is $148.76. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 0.40. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a market capitalization of $367.10 billion, a P/E ratio of 23.85, a price-to-earnings-growth ratio of 4.00 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. The firm had revenue of $23.28 billion for the quarter, compared to analysts’ expectations of $22.80 billion. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.99 EPS. On average, equities research analysts predict that Procter & Gamble Company will post 6.98 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be issued a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 annualized dividend and a yield of 2.7%. Procter & Gamble’s payout ratio is currently 65.51%.

Procter & Gamble News Roundup

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

• Positive Sentiment: P&G’s latest quarter exceeded expectations, with earnings per share of $2.00 versus the $1.89 consensus and revenue of $23.28 billion versus $22.80 billion expected. Sales increased 4% year over year, while organic sales growth was supported primarily by higher product volumes rather than price increases. P&G Stock May Be Undervalued
• Positive Sentiment: Analysts and investment commentary remain broadly constructive. One analysis estimates PG may be about 23% undervalued, while Freedom Broker upgraded the stock from Hold to Buy. P&G’s leading household brands and dependable dividend continue to support its defensive-investment appeal. Freedom Broker Upgrade
• Positive Sentiment: The company’s quarterly dividend remains an important support for income-focused investors: the annualized payout is approximately $4.35 per share, representing a yield near 2.7% based on the cited stock data. P&G Dividend Analysis
• Neutral Sentiment: P&G has outperformed the broader market this year, but commentary questions how long that outperformance can continue. With shares trading well above their 50-day and 200-day moving averages, some investors may be taking profits. P&G Outperformance Analysis
• Negative Sentiment: Higher commodity, oil, packaging and transportation costs could pressure margins if P&G cannot offset them through pricing, productivity gains or favorable product mix. Investors are watching whether the company’s growth can continue while protecting profitability. P&G Commodity Costs
• Negative Sentiment: Recent insider selling, including a 4,181-share transaction valued at roughly $672,000, may add a modest sentiment overhang, although such sales do not necessarily indicate deteriorating business conditions. P&G Insider Sale

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Shailesh Jejurikar sold 35,000 shares of the stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $163.09, for a total value of $5,708,150.00. Following the completion of the sale, the chief executive officer owned 55,391 shares in the company, valued at approximately $9,033,718.19. This represents a 38.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Paul Gama sold 4,331 shares of the firm’s stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $161.27, for a total value of $698,460.37. Following the sale, the chief executive officer directly owned 46,793 shares in the company, valued at approximately $7,546,307.11. This represents a 8.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 58,647 shares of company stock valued at $9,268,508. 0.23% of the stock is currently owned by company insiders.

About Procter & Gamble

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.