Procter & Gamble Company (The) $PG Stock Holdings Decreased by Studio Investment Management LLC

Studio Investment Management LLC decreased its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 12.4% during the third quarter, Holdings Channel reports. The institutional investor owned 35,551 shares of the company’s stock after selling 5,024 shares during the period. Studio Investment Management LLC’s holdings in Procter & Gamble were worth $5,165,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Lake Street Private Wealth LLC lifted its holdings in shares of Procter & Gamble by 3.8% in the third quarter. Lake Street Private Wealth LLC now owns 2,502 shares of the company’s stock worth $364,000 after buying an additional 91 shares in the last quarter. Royal Fund Management LLC grew its stake in Procter & Gamble by 5.5% during the third quarter. Royal Fund Management LLC now owns 44,629 shares of the company’s stock valued at $6,484,000 after acquiring an additional 2,319 shares in the last quarter. Curry Webb Wealth Management LLC purchased a new position in Procter & Gamble during the third quarter valued at $130,000. Culbertson A N & Co. Inc. increased its holdings in Procter & Gamble by 1.5% in the 3rd quarter. Culbertson A N & Co. Inc. now owns 58,397 shares of the company’s stock valued at $8,484,000 after acquiring an additional 890 shares during the last quarter. Finally, NBT Bank N.A. bought a new stake in Procter & Gamble in the 3rd quarter valued at $16,439,000. Institutional investors own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on PG shares. UBS Group reiterated a “buy” rating on shares of Procter & Gamble in a research note on Friday, October 16th. JPMorgan Chase & Co. cut their price objective on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. TD Cowen reaffirmed a “hold” rating and issued a $150.00 target price on shares of Procter & Gamble in a report on Wednesday, September 30th. Argus downgraded Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $161.00 price target on shares of Procter & Gamble in a research note on Thursday. Fourteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $162.50.

Procter & Gamble Trading Up 5.8%

PG stock opened at $165.94 on Friday. The firm has a fifty day moving average price of $148.08 and a 200 day moving average price of $146.99. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The firm has a market cap of $385.41 billion, a PE ratio of 25.07, a price-to-earnings-growth ratio of 3.90 and a beta of 0.39. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The company had revenue of $23.28 billion for the quarter, compared to the consensus estimate of $22.80 billion. During the same quarter in the prior year, the firm earned $1.99 earnings per share. Procter & Gamble’s revenue was up 4.0% on a year-over-year basis. Sell-side analysts anticipate that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be issued a $1.0885 dividend. 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 payout ratio is 65.71%.

Key Headlines Impacting Procter & Gamble

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

• Positive Sentiment: Fiscal Q1 earnings per share came in at $2.00, above the roughly $1.89 analyst consensus, while revenue rose 4% year over year to $23.28 billion, exceeding expectations of approximately $22.80 billion. Procter & Gamble earnings beat as sales rise 4%
• Positive Sentiment: Organic sales increased 4%, supported by volume growth, favorable product mix and productivity savings. Laundry and home-care products were highlighted as key contributors. P&G Q1 Earnings Beat on Volume Growth & Favorable Mix
• Positive Sentiment: P&G raised its fiscal 2027 all-in sales-growth outlook, primarily reflecting the acquisition of Thorne. Management also reiterated its broader full-year revenue forecast, reducing concern that consumer weakness would derail the business. Procter & Gamble Boosts FY27 All-in-sales Growth Outlook
• Positive Sentiment: Investors appeared to favor P&G’s defensive characteristics as broader markets weakened, while increased call-option activity reflected stronger near-term trading interest. P&G Jumps as Earnings Beat Draws Defensive Buyers
• Neutral Sentiment: Management said changing demographics may support premium baby-care demand: fewer children per household can lead parents to spend more on each child, benefiting products such as Pampers. Americans are having fewer babies and pampering them with luxury diapers
• Negative Sentiment: Higher commodity and fuel costs are expected to create an approximately $1.4 billion annual profit headwind, which could pressure margins even as sales remain healthy. P&G flags bigger hit to annual profit from higher commodity costs

Insider Transactions at Procter & Gamble

In related news, 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 value of $52,141.16. Following the completion of the transaction, the chief accounting officer owned 1,271 shares in the company, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Andre Schulten sold 3,914 shares of Procter & Gamble stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $145.34, for a total value of $568,860.76. Following the completion of the transaction, the chief financial officer owned 65,618 shares of the company’s stock, valued at approximately $9,536,920.12. This represents a 5.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 15,135 shares of company stock worth $2,189,970. 0.23% of the stock is currently owned by corporate insiders.

Procter & Gamble Profile

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.