Procter & Gamble (NYSE:PG) CEO Sells $698,460.37 in Stock

Procter & Gamble Company (The) (NYSE:PG) CEO Paul Gama sold 4,331 shares of the business’s stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $161.27, for a total transaction of $698,460.37. Following the completion of the transaction, the chief executive officer owned 46,793 shares in the company, valued at $7,546,307.11. The trade was a 8.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Paul Gama also recently made the following trade(s):

• On Monday, October 5th, Paul Gama sold 2,225 shares of Procter & Gamble stock. The stock was sold at an average price of $145.34, for a total value of $323,381.50.

Procter & Gamble Stock Performance

Shares of PG stock opened at $158.38 on Thursday. The stock has a fifty day moving average of $149.30 and a 200 day moving average of $148.76. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The firm has a market capitalization of $367.10 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 4.00 and a beta of 0.39. 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 (NYSE:PG) last issued its quarterly earnings data on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The business had revenue of $23.28 billion during the quarter, compared to analyst estimates of $22.80 billion. During the same period in the prior year, the business earned $1.99 EPS. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. As a group, research analysts expect that Procter & Gamble Company will post 6.98 earnings per share for the current year.

Procter & Gamble Announces Dividend

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

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Sanford C. Bernstein reissued a “market perform” rating and issued a $149.00 target price on shares of Procter & Gamble in a research report on Monday, August 24th. Freedom Broker upgraded Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 price target on the stock in a research report on Friday, October 23rd. TD Cowen upped their price target on Procter & Gamble from $150.00 to $166.00 and gave the stock a “hold” rating in a research note on Friday, October 23rd. Bank of America decreased their price objective on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a report on Friday, July 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, September 21st. Fifteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and an average price target of $170.57.

Institutional Investors Weigh In On Procter & Gamble

Several hedge funds have recently bought and sold shares of the business. Summit Global Investments raised its stake in Procter & Gamble by 47.5% during the 3rd quarter. Summit Global Investments now owns 20,089 shares of the company’s stock worth $2,919,000 after acquiring an additional 6,472 shares during the period. Sagace Wealth Management LLC boosted its position in shares of Procter & Gamble by 12.8% in the third quarter. Sagace Wealth Management LLC now owns 2,039 shares of the company’s stock worth $296,000 after purchasing an additional 232 shares during the period. Americana Partners LLC boosted its position in shares of Procter & Gamble by 4.5% in the third quarter. Americana Partners LLC now owns 80,071 shares of the company’s stock worth $11,633,000 after purchasing an additional 3,412 shares during the period. Fusion Capital LLC increased its stake in shares of Procter & Gamble by 9.4% in the third quarter. Fusion Capital LLC now owns 2,056 shares of the company’s stock worth $299,000 after purchasing an additional 177 shares in the last quarter. Finally, State of Wyoming purchased a new stake in shares of Procter & Gamble in the third quarter worth $87,000. Institutional investors own 65.77% of the company’s stock.

More Procter & Gamble News

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

Procter & Gamble Company 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.