Procter & Gamble (NYSE:PG) CFO Sells $647,281.96 in Stock

Procter & Gamble Company (The) (NYSE:PG) CFO Andre Schulten sold 4,252 shares of the company’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $647,281.96. Following the completion of the transaction, the chief financial officer owned 53,992 shares in the company, valued at $8,219,202.16. This represents a 7.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Andre Schulten also recently made the following trade(s):

• On Tuesday, August 19th, Andre Schulten sold 11,638 shares of Procter & Gamble stock. The stock was sold at an average price of $157.27, for a total transaction of $1,830,308.26.

Procter & Gamble Price Performance

Shares of PG stock opened at $150.67 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.70 and a quick ratio of 0.49. The company has a market capitalization of $352.64 billion, a P/E ratio of 23.14, a P/E/G ratio of 4.05 and a beta of 0.36. The company’s 50-day simple moving average is $155.26 and its two-hundred day simple moving average is $159.72. Procter & Gamble Company has a one year low of $149.91 and a one year high of $180.43.

Procter & Gamble (NYSE:PG) last issued its earnings results on Tuesday, July 29th. The company reported $1.48 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same period in the prior year, the firm earned $1.40 EPS. The company’s revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Institutional Investors Weigh In On Procter & Gamble

Several institutional investors have recently bought and sold shares of PG. Vanguard Group Inc. raised its holdings in shares of Procter & Gamble by 1.4% in the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock worth $37,155,222,000 after buying an additional 3,189,111 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its stake in shares of Procter & Gamble by 655,209.0% during the second 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 period. Geode Capital Management LLC lifted its stake in shares of 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 buying an additional 1,060,713 shares during the period. Norges Bank acquired a new stake in shares of Procter & Gamble during the second quarter worth $5,099,644,000. Finally, Northern Trust Corp lifted its stake in shares of Procter & Gamble by 0.8% during the first quarter. Northern Trust Corp now owns 29,644,000 shares of the company’s stock worth $5,051,930,000 after buying an additional 248,792 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PG. Barclays dropped their price objective on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 1st. Berenberg Bank increased their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $170.00 price objective (down from $178.00) on shares of Procter & Gamble in a research note on Friday, July 25th. BNP Paribas Exane dropped their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Finally, Bank of America dropped their price objective on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $172.58.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.