Csenge Advisory Group Sells 5,402 Shares of Procter & Gamble Company (The) $PG

Csenge Advisory Group cut its stake in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 17.7% in the third quarter, HoldingsChannel reports. The fund owned 25,157 shares of the company’s stock after selling 5,402 shares during the period. Csenge Advisory Group’s holdings in Procter & Gamble were worth $3,865,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC bought a new position in Procter & Gamble in the 3rd quarter worth $25,000. Signature Resources Capital Management LLC grew its position in shares of Procter & Gamble by 67.9% during the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after purchasing an additional 72 shares in the last quarter. Corundum Trust Company INC bought a new stake in Procter & Gamble during the 3rd quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Procter & Gamble in the second quarter worth $34,000. Finally, RMG Wealth Management LLC purchased a new stake in Procter & Gamble in the 2nd quarter worth $37,000. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling

In related news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $149.57, for a total transaction of $108,438.25. Following the completion of the sale, the chief accounting officer owned 979 shares in the company, valued at $146,429.03. This trade represents a 42.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on PG shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Raymond James Financial reduced their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a report on Monday, October 20th. BNP Paribas Exane lowered their price target on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. UBS Group reduced their price objective on Procter & Gamble from $176.00 to $161.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Barclays set a $155.00 price objective on Procter & Gamble in a research note on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble presently has an average rating of “Moderate Buy” and an average target price of $168.73.

Read Our Latest Research Report on Procter & Gamble

Procter & Gamble News Roundup

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

Procter & Gamble Stock Performance

Procter & Gamble stock opened at $144.55 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51. The firm has a market capitalization of $337.77 billion, a P/E ratio of 21.10, a price-to-earnings-growth ratio of 4.88 and a beta of 0.39. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $179.99. The company’s 50-day moving average is $144.72 and its 200 day moving average is $151.05.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. During the same period last year, the company earned $1.93 EPS. Procter & Gamble’s quarterly revenue was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be issued a $1.0568 dividend. The ex-dividend date is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is presently 61.61%.

Procter & Gamble Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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