Parthenon LLC Sells 5,851 Shares of Procter & Gamble Company (The) $PG

Parthenon LLC lessened its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 137,752 shares of the company’s stock after selling 5,851 shares during the period. Procter & Gamble accounts for about 2.3% of Parthenon LLC’s investment portfolio, making the stock its 12th biggest holding. Parthenon LLC’s holdings in Procter & Gamble were worth $21,166,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the stock. Orca Investment Management LLC raised its position in shares of Procter & Gamble by 2.0% during the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock valued at $516,000 after purchasing an additional 64 shares during the period. Access Financial Services Inc. increased its stake in Procter & Gamble by 0.6% in the 2nd quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock worth $1,735,000 after buying an additional 65 shares in the last quarter. Sovereign Financial Group Inc. raised its holdings in Procter & Gamble by 1.1% during the second quarter. Sovereign Financial Group Inc. now owns 5,823 shares of the company’s stock valued at $928,000 after acquiring an additional 65 shares during the period. WP Advisors LLC lifted its position in shares of Procter & Gamble by 4.9% in the second quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock valued at $224,000 after acquiring an additional 66 shares in the last quarter. Finally, MADDEN SECURITIES Corp boosted its stake in shares of Procter & Gamble by 4.6% in the second quarter. MADDEN SECURITIES Corp now owns 1,531 shares of the company’s stock worth $244,000 after acquiring an additional 68 shares during the period. 65.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on PG shares. UBS Group upped their price target on Procter & Gamble from $161.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday. Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday. BNP Paribas Exane reduced 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. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a report on Monday, December 29th. Finally, Morgan Stanley set a $175.00 price objective on Procter & Gamble in a research note on Monday, October 27th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and an average price target of $166.70.

Procter & Gamble Stock Up 0.2%

Shares of NYSE:PG opened at $150.19 on Monday. The firm has a market capitalization of $350.95 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 5.08 and a beta of 0.39. The business has a 50 day simple moving average of $144.72 and a two-hundred day simple moving average of $150.49. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $179.99. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.72 and a quick ratio of 0.51.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. Procter & Gamble had a net margin of 19.30% and a return on equity of 32.10%. The company had revenue of $22.21 billion during the quarter, compared to analyst estimates of $22.36 billion. During the same quarter last year, the business posted $1.88 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be given a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s dividend payout ratio (DPR) is currently 62.67%.

Insider Buying and Selling

In related news, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $149.57, for a total transaction of $108,438.25. Following the sale, the chief accounting officer directly owned 979 shares of the company’s stock, valued at approximately $146,429.03. This represents a 42.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.20% of the company’s stock.

About Procter & Gamble

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.