4,232 Shares in Procter & Gamble Company (The) $PG Bought by StoneRidge PMG Advisors LLC

StoneRidge PMG Advisors LLC purchased a new stake in shares of Procter & Gamble Company (The) (NYSE:PG) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 4,232 shares of the company’s stock, valued at approximately $615,000.

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

Procter & Gamble News Roundup

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

Insider Activity

In other Procter & Gamble news, CEO Paul Gama sold 2,894 shares of the business’s stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $165.00, for a total transaction of $477,510.00. Following the sale, the chief executive officer owned 43,899 shares in the company, valued at approximately $7,243,335. The trade was a 6.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sundar Raman sold 38,253 shares of the company’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $165.00, for a total transaction of $6,311,745.00. Following the sale, the chief executive officer directly owned 47,745 shares of the company’s stock, valued at $7,877,925. This represents a 44.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 161,709 shares of company stock worth $26,244,058. 0.23% of the stock is owned by company insiders.

Procter & Gamble Stock Performance

Shares of NYSE PG opened at $165.31 on Monday. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $383.15 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 4.07 and a beta of 0.36. The stock’s fifty day simple moving average is $152.01 and its 200 day simple moving average is $149.43. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $170.52.

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, topping analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a return on equity of 31.02% and a net margin of 18.23%. The company had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. During the same period in the previous year, the firm earned $1.99 earnings per share. Procter & Gamble’s revenue for the quarter was up 4.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

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 paid a $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. Procter & Gamble’s dividend payout ratio (DPR) is currently 65.51%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on PG shares. 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. Barclays raised their price objective on shares of Procter & Gamble from $152.00 to $165.00 and gave the company an “equal weight” rating in a research report on Monday, October 26th. HSBC lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and reduced their price objective for the company from $182.00 to $149.00 in a research report on Thursday, July 30th. TD Cowen lifted their price objective on shares of Procter & Gamble from $150.00 to $166.00 and gave the stock a “hold” rating in a research note on Friday, October 23rd. Finally, DZ Bank downgraded shares of Procter & Gamble from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 27th. Fifteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $170.57.

Procter & Gamble Company Profile