Madison Asset Management LLC Sells 6,498 Shares of Procter & Gamble Company (The) $PG

Madison Asset Management LLC lessened its stake in Procter & Gamble Company (The) (NYSE:PG) by 5.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,196 shares of the company’s stock after selling 6,498 shares during the quarter. Madison Asset Management LLC’s holdings in Procter & Gamble were worth $18,065,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PG. AssuredPartners Investment Advisors LLC grew its position in shares of Procter & Gamble by 10.8% during the 2nd quarter. AssuredPartners Investment Advisors LLC now owns 19,303 shares of the company’s stock worth $2,831,000 after buying an additional 1,875 shares during the period. Shepherd Financial Partners LLC raised its position in shares of Procter & Gamble by 3.7% in the 2nd quarter. Shepherd Financial Partners LLC now owns 18,944 shares of the company’s stock valued at $2,778,000 after acquiring an additional 683 shares during the period. Johnson Financial Group Inc. boosted its stake in Procter & Gamble by 3.2% during the 2nd quarter. Johnson Financial Group Inc. now owns 69,652 shares of the company’s stock worth $10,214,000 after acquiring an additional 2,184 shares during the last quarter. Denali Advisors LLC grew its holdings in Procter & Gamble by 1.3% during the second quarter. Denali Advisors LLC now owns 6,772 shares of the company’s stock valued at $993,000 after purchasing an additional 87 shares during the period. Finally, Patrick Mauro Investment Advisor INC. increased its stake in Procter & Gamble by 14.3% in the second quarter. Patrick Mauro Investment Advisor INC. now owns 35,666 shares of the company’s stock valued at $5,230,000 after purchasing an additional 4,453 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. reduced their price target on shares of Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Barclays raised their price objective on Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Evercore set a $162.00 price target on shares of Procter & Gamble in a research note on Monday, April 27th. BMO Capital Markets boosted their price target on Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Procter & Gamble in a report on Wednesday, August 19th. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $161.19.

Procter & Gamble Stock Up 1.3%

Procter & Gamble stock opened at $146.61 on Tuesday. The stock has a market cap of $340.79 billion, a P/E ratio of 22.15, a P/E/G ratio of 4.46 and a beta of 0.39. The company’s 50-day moving average price is $147.66 and its two-hundred day moving average price is $148.60. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The business had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same period in the previous year, the company posted $1.48 EPS. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, analysts expect that Procter & Gamble Company will post 6.98 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, July 24th. Procter & Gamble’s payout ratio is presently 65.71%.

Key Procter & Gamble News

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

• Positive Sentiment: Brokerages give PG an average “Moderate Buy” rating, with a consensus price target of $161.19 versus the recent share price near $146.61. That implies analysts see potential upside despite the stock’s premium valuation. Procter & Gamble Given Average Recommendation of Moderate Buy
• Positive Sentiment: Commentary is refocusing attention on PG’s dividend strength. The company recently paid a quarterly dividend of $1.0885 per share, equivalent to an annualized $4.35 and an approximately 3.0% yield, supporting its appeal to income-oriented and defensive investors. Procter & Gamble Dividend Strength Returns to Focus
• Positive Sentiment: PG continues to be highlighted as a long-term dividend and consumer-staples holding, reinforcing the stock’s stability appeal when investors favor established cash-generating businesses. Dividend Stocks to Buy Before August Ends
• Neutral Sentiment: Insiders Marc Pritchard and Susan Street Whaley sold shares specifically to cover tax withholding obligations connected with equity-award vesting. These sales are less concerning than open-market sales reflecting a negative view of PG’s outlook. Procter & Gamble Insider Sale
• Negative Sentiment: Chief Accounting Officer Matthew W. Janzaruk sold 359 shares, reducing his position by about 22%. Although small in dollar terms, the transaction may create modest sentiment pressure because it was not identified as a tax-withholding sale.
• Negative Sentiment: PG’s latest quarter showed revenue growth of only 1.5% year over year, with revenue below expectations and earnings down from the prior-year period. With shares trading at roughly 22 times earnings, investors may question whether the valuation adequately reflects the company’s limited near-term growth.

Insider Activity at Procter & Gamble

In related news, insider Susan Street Whaley sold 2,238 shares of the firm’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $143.79, for a total transaction of $321,802.02. Following the transaction, the insider directly owned 26,989 shares of the company’s stock, valued at approximately $3,880,748.31. This trade represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of Procter & Gamble stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $145.24, for a total transaction of $52,141.16. Following the completion of the sale, the chief accounting officer owned 1,271 shares of the company’s stock, valued at $184,600.04. This trade represents a 22.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 6,627 shares of company stock worth $953,417. Corporate insiders own 0.20% of the company’s stock.

Procter & Gamble Profile

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.