Procter & Gamble Company (The) $PG Stock Acquired by StoneX Group Inc.

StoneX Group Inc. increased its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 14.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 45,911 shares of the company’s stock after purchasing an additional 5,797 shares during the period. StoneX Group Inc.’s holdings in Procter & Gamble were worth $6,670,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of PG. Baxter Bros Inc. acquired a new stake in shares of Procter & Gamble in the second quarter worth approximately $12,381,000. Empowered Funds LLC purchased a new stake in shares of Procter & Gamble during the second quarter worth approximately $53,549,000. Capstone Capital Management Ltd acquired a new position in Procter & Gamble in the 3rd quarter valued at $991,000. Bank of America Corp DE acquired a new position in Procter & Gamble in the 2nd quarter valued at $3,850,628,000. Finally, Rokos Capital Management LLP acquired a new position in Procter & Gamble in the 1st quarter valued at $29,914,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: P&G has raised its dividend for 70 consecutive years. Its quarterly payout is about $1.09 per share, equivalent to a roughly 2.6% yield, supporting the stock’s appeal to income-focused investors. Article: P&G dividend history and yield
• Positive Sentiment: Recent coverage points to investor interest in consumer-staples stocks as technology shares weaken. P&G may benefit from its defensive profile and dividend reputation. Article: Consumer staples rotation
• Neutral Sentiment: Zacks Research made mixed earnings-estimate changes: it lowered several forecasts for 2027 and 2028, while modestly raising some later-period estimates. The mixed revisions offer no clear overall change in the longer-term outlook. Procter & Gamble analyst estimates
• Neutral Sentiment: Management will discuss strategy and P&G’s long-term transformation at an Investor Day webcast on November 19; investors may look for updates on growth and execution. Article: P&G Investor Day webcast
• Negative Sentiment: CFO Andre Schulten sold 33,624 shares for about $5.55 million, reducing his direct stake by roughly 34%. The sale may concern investors, although insider transactions alone do not establish a change in the company’s prospects. Article: CFO share sale

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Evercore raised shares of Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 target price on the stock in a research note on Tuesday, October 6th. Citigroup increased their target price on shares of Procter & Gamble from $180.00 to $187.00 and gave the company a “buy” rating in a research report on Friday, October 23rd. Wells Fargo & Company increased their target price on shares of Procter & Gamble from $164.00 to $180.00 and gave the company an “overweight” rating in a research report on Friday, October 23rd. Sanford C. Bernstein reissued a “market perform” rating and issued a $149.00 price target on shares of Procter & Gamble in a research note on Monday, August 24th. Finally, Freedom Broker upgraded shares of 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. Fifteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $170.57.

Insider Buying and Selling at Procter & Gamble

In related news, CAO Matthew Janzaruk sold 9,479 shares of the firm’s stock in a transaction dated Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total transaction of $1,545,077.00. Following the completion of the sale, the chief accounting officer directly owned 1,271 shares of the company’s stock, valued at approximately $207,173. This trade represents a 88.18% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Shailesh Jejurikar sold 35,000 shares of the business’s stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $163.09, for a total transaction 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 trade represents a 38.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 161,709 shares of company stock worth $26,244,058. Insiders own 0.23% of the company’s stock.

Procter & Gamble Trading Down 1.1%

Shares of PG opened at $165.31 on Friday. The firm has a 50-day moving average price of $152.01 and a 200 day moving average price of $149.43. The firm has a market capitalization of $383.15 billion, a P/E ratio of 24.90, a P/E/G ratio of 4.07 and a beta of 0.36. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $170.52.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. The firm had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.99 EPS. Sell-side analysts forecast that Procter & Gamble Company will post 6.99 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be issued a dividend of $1.0885 per share. The ex-dividend date is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.6%. Procter & Gamble’s dividend payout ratio is currently 65.51%.

Procter & Gamble Profile