Procter & Gamble Company (The) $PG Shares Sold by Ballentine Partners LLC

Ballentine Partners LLC trimmed its holdings in Procter & Gamble Company (The) (NYSE:PGFree Report) by 7.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,479 shares of the company’s stock after selling 4,241 shares during the quarter. Ballentine Partners LLC’s holdings in Procter & Gamble were worth $7,910,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in PG. Halbert Hargrove Global Advisors LLC acquired a new position in Procter & Gamble during the third quarter worth $25,000. Corundum Trust Company INC purchased a new position in shares of Procter & Gamble during the 3rd quarter worth $32,000. Mid American Wealth Advisory Group Inc. acquired a new position in shares of Procter & Gamble during the 2nd quarter valued at about $34,000. RMG Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the second quarter valued at about $37,000. Finally, Marquette Asset Management LLC acquired a new stake in Procter & Gamble during the third quarter worth about $37,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Procter & Gamble

In related news, insider Marc S. Pritchard sold 95,903 shares of Procter & Gamble stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $151.15, for a total value of $14,495,738.45. Following the completion of the transaction, the insider directly owned 182,607 shares in the company, valued at approximately $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Matthew W. Janzaruk sold 725 shares of the company’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $149.57, for a total value of $108,438.25. Following the sale, the chief accounting officer owned 979 shares in the company, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 96,629 shares of company stock valued at $14,604,323 in the last three months. 0.20% of the stock is currently owned by corporate insiders.

Key Stories Impacting Procter & Gamble

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

Procter & Gamble Price Performance

PG stock opened at $148.49 on Wednesday. The business’s fifty day moving average price is $144.83 and its 200 day moving average price is $150.37. Procter & Gamble Company has a 12-month low of $137.62 and a 12-month high of $179.99. The company has a market capitalization of $345.09 billion, a PE ratio of 22.00, a P/E/G ratio of 4.96 and a beta of 0.39. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.48.

Procter & Gamble (NYSE:PGGet Free Report) last released its earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.02. The company had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a return on equity of 32.10% and a net margin of 19.30%.Procter & Gamble’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.88 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, sell-side analysts anticipate that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be issued a dividend of $1.0568 per share. The ex-dividend date is Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is 62.67%.

Analyst Ratings Changes

PG has been the subject of several analyst reports. Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and increased their price target for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. TD Cowen downgraded Procter & Gamble from a “buy” rating to a “hold” rating and lifted their target price for the company from $150.00 to $156.00 in a research report on Tuesday. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a report on Friday. Finally, Wells Fargo & Company raised their price objective on Procter & Gamble from $158.00 to $165.00 and gave the stock an “overweight” rating in a research report on Friday. Thirteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $167.00.

View Our Latest Report on PG

Procter & Gamble 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.

Featured Stories

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

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