Schroder Investment Management Group Sells 1,262,884 Shares of Procter & Gamble Company (The) $PG

Schroder Investment Management Group reduced its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 25.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,737,958 shares of the company’s stock after selling 1,262,884 shares during the quarter. Schroder Investment Management Group owned 0.16% of Procter & Gamble worth $595,531,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC boosted its position 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 valued at $11,832,680,000 after buying an additional 76,017,350 shares during the last quarter. Norges Bank bought a new position in Procter & Gamble during the 2nd quarter valued at about $5,099,644,000. Nuveen LLC purchased a new stake in shares of Procter & Gamble during the 1st quarter valued at about $1,954,941,000. Laurel Wealth Advisors LLC grew its stake in shares of Procter & Gamble by 15,971.7% in the second quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock worth $1,117,270,000 after acquiring an additional 6,969,110 shares during the period. Finally, Vanguard Group Inc. raised its holdings in shares of Procter & Gamble by 1.4% during the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after purchasing an additional 3,189,111 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, November 19th. UBS Group cut their price target on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Berenberg Bank upped their price target on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research report on Wednesday, September 17th. BNP Paribas reiterated an “outperform” rating and set a $177.00 price objective on shares of Procter & Gamble in a research note on Friday, August 15th. Finally, Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a research note on Monday, October 27th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $171.53.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $148.40 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The firm has a market cap of $346.77 billion, a price-to-earnings ratio of 21.66, a P/E/G ratio of 3.87 and a beta of 0.36. The firm has a fifty day moving average price of $149.79 and a 200 day moving average price of $155.77. Procter & Gamble Company has a fifty-two week low of $144.09 and a fifty-two week high of $180.16.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, sell-side analysts expect that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were paid a $1.0568 dividend. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s payout ratio is presently 61.61%.

Insider Activity

In related news, CFO Andre Schulten sold 4,252 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $647,281.96. Following the completion of the transaction, the chief financial officer owned 53,992 shares in the company, valued at approximately $8,219,202.16. This trade represents a 7.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jennifer L. Davis sold 3,227 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $491,246.21. Following the sale, the chief executive officer directly owned 61,764 shares in the company, valued at $9,402,333.72. The trade was a 4.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 30,308 shares of company stock worth $4,611,852. 0.20% of the stock is owned by corporate insiders.

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.