Procter & Gamble Company (The) $PG Shares Purchased by Insight Inv LLC

Insight Inv LLC increased its holdings in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 24.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,551 shares of the company’s stock after acquiring an additional 4,055 shares during the period. Insight Inv LLC’s holdings in Procter & Gamble were worth $2,986,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. SYM FINANCIAL Corp boosted its stake in shares of Procter & Gamble by 83.6% during the 3rd quarter. SYM FINANCIAL Corp now owns 7,443 shares of the company’s stock valued at $1,081,000 after buying an additional 3,390 shares during the period. Black Diamond Financial LLC grew its holdings in shares of Procter & Gamble by 11.5% during the 3rd quarter. Black Diamond Financial LLC now owns 3,488 shares of the company’s stock valued at $507,000 after acquiring an additional 359 shares in the last quarter. Penobscot Investment Management Company Inc. grew its holdings in shares of Procter & Gamble by 2.8% during the 3rd quarter. Penobscot Investment Management Company Inc. now owns 63,905 shares of the company’s stock valued at $9,284,000 after acquiring an additional 1,726 shares in the last quarter. Cahaba Wealth Management Inc. increased its stake in shares of Procter & Gamble by 3.9% in the third quarter. Cahaba Wealth Management Inc. now owns 4,276 shares of the company’s stock worth $621,000 after acquiring an additional 162 shares during the last quarter. Finally, Park Avenue Securities LLC increased its stake in shares of Procter & Gamble by 3.3% in the third quarter. Park Avenue Securities LLC now owns 117,224 shares of the company’s stock worth $17,030,000 after acquiring an additional 3,720 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PG. UBS Group set a $166.00 price objective on Procter & Gamble in a report on Friday. TD Cowen lifted their price objective on Procter & Gamble from $150.00 to $166.00 and gave the company a “hold” rating in a research report on Friday, October 23rd. The Goldman Sachs Group restated a “neutral” rating and issued a $161.00 target price on shares of Procter & Gamble in a research note on Thursday, October 22nd. BNP Paribas Exane upped their target price on Procter & Gamble from $177.00 to $189.00 and gave the stock an “outperform” rating in a research report on Friday, October 23rd. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $149.00 target price on shares of Procter & Gamble in a research report on Monday, August 24th. Fifteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $170.57.

Check Out Our Latest Research Report on Procter & Gamble

Key Stories Impacting Procter & Gamble

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

  • Positive Sentiment: Freedom Broker upgraded PG’s depositary receipt from “Hold” to “Buy,” adding to a generally favorable analyst view. Recent commentary also points to P&G’s strong market shares in household and personal-care products and its appeal as a high-yield defensive investment. Freedom Broker upgrade P&G dividend comparison
  • Positive Sentiment: PG remains prominent among “Dividend Kings,” with decades of annual payout increases. Its dependable demand for products such as toothpaste, detergent and diapers may continue attracting income-focused investors, particularly during uncertain economic conditions. Consumer Staples Dividend Kings
  • Positive Sentiment: One market report said ETFs purchased approximately $82.8 million of PG stock on October 22, suggesting continued institutional demand. The company also recently exceeded quarterly earnings and revenue expectations, with revenue rising 4% year over year. ETF purchases of PG
  • Neutral Sentiment: Commentary notes that P&G is up about 16% this year and has outperformed the S&P 500. That momentum supports sentiment, but it also raises questions about how much additional upside is already reflected in the stock’s valuation. P&G outperformance
  • Negative Sentiment: Higher oil prices could increase manufacturing, packaging and transportation costs, potentially pressuring margins if P&G cannot offset them through pricing or productivity improvements. Higher oil prices and PG
  • Negative Sentiment: Analysts are examining an unsettled issue beneath the stock’s recent strength, while a Habitat Care business realignment has prompted concerns about segment comparability and profit transparency. These issues could make future results harder to assess. Unsettled question under PG Habitat Care realignment
  • Negative Sentiment: Several insiders sold shares, including CEO Shailesh Jejurikar’s approximately $5.7 million sale and additional executive transactions. While such sales may reflect personal financial planning, the reduced insider ownership creates a modest sentiment overhang. SEC insider filing

Insiders Place Their Bets

In other Procter & Gamble news, CEO Shailesh Jejurikar sold 35,000 shares of the firm’s stock in a transaction dated Friday, October 23rd. The stock was sold at an average price of $163.09, for a total transaction of $5,708,150.00. Following the transaction, the chief executive officer directly owned 55,391 shares in the company, valued at $9,033,718.19. This trade represents a 38.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Balaji Purushothaman sold 4,181 shares of the firm’s stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $160.71, for a total value of $671,928.51. Following the transaction, the insider owned 11,296 shares in the company, valued at approximately $1,815,380.16. This trade represents a 27.01% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 58,647 shares of company stock worth $9,268,508 in the last 90 days. 0.23% of the stock is owned by corporate insiders.

Procter & Gamble Stock Down 0.5%

Shares of PG opened at $159.14 on Wednesday. The firm’s 50 day moving average price is $149.01 and its 200 day moving average price is $148.67. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25.

Procter & Gamble (NYSE:PG – Get Free Report) last posted its earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.89 by $0.11. The business had revenue of $23.28 billion during the quarter, compared to the consensus estimate of $22.80 billion. The business’s revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.99 earnings per share. As a group, equities analysts forecast that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 23rd will be issued a dividend of $1.0885 per share. The ex-dividend date is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.7%.

Procter & Gamble Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).

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

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