Procter & Gamble Company (The) $PG Shares Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. trimmed its position in Procter & Gamble Company (The) (NYSE:PG) by 80.2% in the 3rd quarter, Holdings Channel reports. The firm owned 1,385 shares of the company’s stock after selling 5,624 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Procter & Gamble were worth $201,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. JGP Wealth Management LLC increased its holdings in shares of Procter & Gamble by 4.7% in the 3rd quarter. JGP Wealth Management LLC now owns 45,863 shares of the company’s stock worth $6,663,000 after buying an additional 2,055 shares during the last quarter. Scott Capital Advisors LLC bought a new stake in shares of Procter & Gamble during the 3rd quarter worth $468,000. Burkett Asset Management Ltd lifted its holdings in shares of Procter & Gamble by 7.5% during the 3rd quarter. Burkett Asset Management Ltd now owns 3,435 shares of the company’s stock worth $499,000 after acquiring an additional 240 shares during the last quarter. Wealth Enhancement Trust Services Inc. grew its position in Procter & Gamble by 4.5% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 25,097 shares of the company’s stock worth $3,646,000 after acquiring an additional 1,091 shares in the last quarter. Finally, Bangor Savings Bank grew its position in Procter & Gamble by 80.7% in the third quarter. Bangor Savings Bank now owns 6,123 shares of the company’s stock worth $890,000 after acquiring an additional 2,735 shares in the last quarter. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Procter & Gamble

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

• Positive Sentiment: Dividend reaffirmed: P&G declared a quarterly dividend of $1.0885 per share, payable November 16 to shareholders of record October 23. The annualized payout is approximately $4.35 per share, representing a yield of about 2.8% and reinforcing P&G’s appeal to income-oriented investors. P&G Declares Quarterly Dividend
• Positive Sentiment: Valuation support: Recent analysis argues PG may be roughly 22% undervalued after the company’s reported $1.5 billion investment, based on its cash-generation potential, dividend profile and long-term operating stability. Procter & Gamble Stock May Be 22% Undervalued After $1.5B Investment
• Positive Sentiment: Improving business outlook: Commentary points to improving operating trends and P&G’s broad portfolio of household brands—including Tide, Pampers, Gillette and Crest—as potential support for better growth and resilient cash flow. Procter & Gamble: Improving Business Trends Support A Better Growth Outlook
• Neutral Sentiment: Long-term investor appeal: One analysis favors P&G as a “Dividend King,” suggesting its scale, reliable payouts and potential total returns could outweigh slower growth than smaller rivals. Why I Just Invested in This Dividend King
• Negative Sentiment: Growth and valuation risks remain: P&G trades below some historical valuation averages, but investors are debating whether that discount represents a bargain or a value trap. Slower growth than smaller competitors and the possibility that the stock’s premium defensive valuation persists could constrain upside. P&G Trades Below Its Historical Average: Bargain or Value Trap?

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on PG shares. BMO Capital Markets lifted their price target on Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. JPMorgan Chase & Co. reduced their price objective on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Royal Bank Of Canada decreased their price objective on Procter & Gamble from $167.00 to $166.00 and set an “outperform” rating on the stock in a report on Tuesday, October 6th. Citigroup restated a “buy” rating on shares of Procter & Gamble in a research report on Friday, October 9th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $149.00 target price on shares of Procter & Gamble in a research note on Monday, August 24th. Fourteen analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.70.

Procter & Gamble Trading Up 1.8%

Shares of NYSE PG traded up $2.74 during midday trading on Wednesday, reaching $155.78. The company had a trading volume of 3,681,659 shares, compared to its average volume of 9,609,836. The stock has a market cap of $361.82 billion, a PE ratio of 23.52, a price-to-earnings-growth ratio of 3.81 and a beta of 0.39. Procter & Gamble Company has a one year low of $137.62 and a one year high of $167.25. The firm’s fifty day moving average price is $146.21 and its 200-day moving average price is $146.23. 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 (NYSE:PG) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.02. The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%. Procter & Gamble’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period last year, the company earned $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, equities research analysts anticipate that Procter & Gamble Company will post 6.98 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be paid a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s dividend payout ratio is 65.71%.

Insider Transactions at Procter & Gamble

In related news, CFO Andre Schulten sold 3,914 shares of Procter & Gamble stock in a transaction on Monday, October 5th. The shares were sold at an average price of $145.34, for a total value of $568,860.76. Following the transaction, the chief financial officer directly owned 65,618 shares of the company’s stock, valued at $9,536,920.12. The trade was a 5.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Paul Gama sold 2,225 shares of the company’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $145.34, for a total transaction of $323,381.50. Following the sale, the chief executive officer owned 51,124 shares of the company’s stock, valued at $7,430,362.16. This represents a 4.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 15,135 shares of company stock valued at $2,189,970. 0.23% of the stock is currently owned by insiders.

Procter & Gamble Company Profile

The Procter & Gamble Company (NYSE: PG) is a consumer products company that develops, manufactures and markets branded products used in households and personal care routines. Its portfolio includes products in categories such as beauty, grooming, health care, fabric and home care, and family care.

Major brands associated with Procter & Gamble include Pampers, Tide, Gillette, Head & Shoulders, Pantene, Oral-B, Crest, Olay, Old Spice, Febreze, Mr. Clean, Swiffer and Bounty. The company sells its products through retailers, e-commerce platforms and other distribution channels.

Founded in Cincinnati, Ohio, in 1837 by William Procter and James Gamble, the company has grown into a global consumer goods business serving customers in markets around the world.