Farmers & Merchants Investments Inc. Sells 6,300 Shares of Procter & Gamble Company (The) $PG

Farmers & Merchants Investments Inc. trimmed its position in shares of Procter & Gamble Company (The) (NYSE:PG) by 4.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,611 shares of the company’s stock after selling 6,300 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Procter & Gamble were worth $21,298,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Fort Washington Investment Advisors Inc. OH lifted its position in shares of Procter & Gamble by 29.9% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 649,139 shares of the company’s stock valued at $99,740,000 after acquiring an additional 149,488 shares in the last quarter. HM Payson & Co. raised its stake in Procter & Gamble by 2.9% during the 3rd quarter. HM Payson & Co. now owns 225,101 shares of the company’s stock valued at $34,587,000 after purchasing an additional 6,336 shares during the period. 1900 Wealth Management LLC boosted its stake in Procter & Gamble by 63.1% in the 3rd quarter. 1900 Wealth Management LLC now owns 6,839 shares of the company’s stock worth $1,051,000 after purchasing an additional 2,645 shares during the period. Lakeshore Capital Group Inc. grew its holdings in Procter & Gamble by 2.9% during the 3rd quarter. Lakeshore Capital Group Inc. now owns 10,940 shares of the company’s stock valued at $1,681,000 after buying an additional 310 shares in the last quarter. Finally, Goldstone Financial Group LLC raised its position in shares of Procter & Gamble by 11.8% during the third quarter. Goldstone Financial Group LLC now owns 9,422 shares of the company’s stock valued at $1,448,000 after buying an additional 996 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 3,535 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $538,133.05. Following the transaction, the chief executive officer directly owned 34,816 shares in the company, valued at approximately $5,300,039.68. This represents a 9.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Susan Street Whaley sold 2,408 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $366,569.84. Following the sale, the insider owned 31,770 shares of the company’s stock, valued at $4,836,347.10. The trade was a 7.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 30,308 shares of company stock valued at $4,611,852. Company insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

PG has been the topic of several research analyst reports. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a research note on Monday, October 27th. Raymond James Financial decreased their target price on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. JPMorgan Chase & Co. dropped their price target on Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating for the company in a research note on Thursday, December 18th. Wells Fargo & Company reduced their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Finally, Bank of America cut their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Thirteen research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $171.38.

Procter & Gamble Stock Performance

NYSE PG opened at $144.54 on Tuesday. The business’s 50 day moving average price is $146.66 and its 200-day moving average price is $152.58. Procter & Gamble Company has a fifty-two week low of $138.14 and a fifty-two week high of $179.99. The company has a market cap of $337.74 billion, a P/E ratio of 21.10, a P/E/G ratio of 4.88 and a beta of 0.39. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The business had revenue of $22.39 billion for the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The business’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Sell-side analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is currently 61.61%.

Procter & Gamble Company 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.