Procter & Gamble Company (The) $PG Shares Sold by Narwhal Capital Management

Narwhal Capital Management trimmed its holdings in Procter & Gamble Company (The) (NYSE:PG) by 17.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,114 shares of the company’s stock after selling 14,963 shares during the period. Narwhal Capital Management’s holdings in Procter & Gamble were worth $10,331,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Procter & Gamble in the 2nd quarter valued at $27,862,105,000. Bank of America Corp DE purchased a new position in Procter & Gamble during the 2nd quarter worth $3,850,628,000. Bank of New York Mellon Corp purchased a new position in Procter & Gamble during the 2nd quarter worth $2,281,505,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Procter & Gamble in the 2nd quarter worth $1,480,650,000. Finally, Corient Private Wealth LP bought a new stake in shares of Procter & Gamble in the 2nd quarter worth $335,908,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Procter & Gamble

In other Procter & Gamble news, insider Victor Aguilar sold 18,812 shares of Procter & Gamble stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $164.43, for a total value of $3,093,257.16. Following the sale, the insider owned 55,243 shares of the company’s stock, valued at approximately $9,083,606.49. The trade was a 25.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Andre Schulten sold 33,624 shares of the business’s stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $165.00, for a total transaction of $5,547,960.00. Following the completion of the transaction, the chief financial officer owned 65,618 shares in the company, valued at approximately $10,826,970. The trade was a 33.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 197,756 shares of company stock valued at $32,336,001 in the last 90 days. 0.23% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on PG. 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 report on Friday, October 23rd. DZ Bank cut shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 27th. Sanford C. Bernstein restated a “market perform” rating and set a $149.00 price target on shares of Procter & Gamble in a report on Monday, August 24th. HSBC downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $182.00 to $149.00 in a research report on Thursday, July 30th. Finally, UBS Group set a $166.00 price objective on shares of Procter & Gamble in a research note on Friday, October 23rd. Fifteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $170.57.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $168.43 on Wednesday. The business’s fifty day simple moving average is $152.95 and its 200 day simple moving average is $149.64. 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. The firm has a market capitalization of $390.38 billion, a P/E ratio of 25.37, a price-to-earnings-growth ratio of 4.14 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last announced its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The firm had revenue of $23.28 billion during the quarter, compared to analyst estimates of $22.80 billion. During the same period last year, the firm posted $1.99 EPS. The business’s revenue was up 4.0% compared to the same quarter last year. As a group, analysts anticipate that Procter & Gamble Company will post 6.99 EPS for the current year.

Procter & Gamble Announces Dividend

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

Trending Headlines about Procter & Gamble

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

• Positive Sentiment: PG’s Beauty business posted 5% organic sales growth in fiscal Q1 2027, supported by Pantene and SK-II, product innovation, and stronger brand execution. Sustaining that momentum could help support growth, though its impact on the broader business remains uncertain. Article: Is Procter & Gamble’s Beauty Momentum Enough to Lift Growth?
• Neutral Sentiment: P&G named Shalini Saraswat Brand Director and Business Head for Pantene India, bringing prior P&G brand leadership and R&D experience. The appointment supports the company’s focus on hair care in India, but no expected financial effect was specified. Article: What Does Procter & Gamble Naming a New India Beauty Head Signal?
• Neutral Sentiment: In an advertising challenge brought by P&G, the National Advertising Division concluded that Unilever had substantiation for its challenged Dove body-wash moisturizing claims. This is a competitive setback for P&G, but no direct financial impact was reported. Article: National Advertising Division Found Unilever’s Dove Deep Moisture Body Wash Claims Supported
• Negative Sentiment: CEO Juliana Mont Santos sold 5,370 shares and CFO Andre Schulten sold 30,677 shares, both at $169 on Nov. 5. Each retained shares, but the sales and reductions in their respective holdings could weigh on investor sentiment. Article: Procter & Gamble CFO Andre Schulten Sells Shares CEO SEC filing

Procter & Gamble Profile

The Procter & Gamble Company is a consumer goods company that develops, manufactures and markets products for everyday use. Founded in 1837 by William Procter and James Gamble, the company is headquartered in Cincinnati, Ohio. Its products span beauty, grooming, health care, fabric and home care, and baby, feminine and family care. Well-known brands include Tide, Pampers, Gillette, Pantene, Olay, Oral-B, Crest, Dawn, Charmin and Bounty. Procter & Gamble sells its products in markets around the world through retail stores, e-commerce platforms and other distribution channels.