Flputnam Investment Management Co. Sells 17,053 Shares of Procter & Gamble Company (The) $PG

Flputnam Investment Management Co. decreased its stake in Procter & Gamble Company (The) (NYSE:PGFree Report) by 16.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,757 shares of the company’s stock after selling 17,053 shares during the quarter. Flputnam Investment Management Co.’s holdings in Procter & Gamble were worth $12,722,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in PG. Private Management Group Inc. lifted its position in shares of Procter & Gamble by 2.4% during the 2nd quarter. Private Management Group Inc. now owns 3,842 shares of the company’s stock valued at $563,000 after buying an additional 90 shares in the last quarter. Wedbush Securities Inc. increased its holdings in Procter & Gamble by 2.7% in the 2nd quarter. Wedbush Securities Inc. now owns 92,508 shares of the company’s stock worth $13,565,000 after acquiring an additional 2,391 shares in the last quarter. Spinnaker Trust increased its holdings in Procter & Gamble by 0.8% in the 2nd quarter. Spinnaker Trust now owns 40,676 shares of the company’s stock worth $5,965,000 after acquiring an additional 320 shares in the last quarter. New Mexico Educational Retirement Board raised its stake in Procter & Gamble by 7.5% during the 2nd quarter. New Mexico Educational Retirement Board now owns 115,568 shares of the company’s stock worth $16,947,000 after acquiring an additional 8,100 shares during the period. Finally, Royal London Asset Management Ltd. raised its stake in Procter & Gamble by 2.2% during the 2nd quarter. Royal London Asset Management Ltd. now owns 1,713,412 shares of the company’s stock worth $251,255,000 after acquiring an additional 36,195 shares during the period. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling at Procter & Gamble

In other news, insider Susan Street Whaley sold 2,238 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $321,802.02. Following the completion of the transaction, the insider directly owned 26,989 shares in the company, valued at approximately $3,880,748.31. This represents a 7.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $145.24, for a total transaction of $52,141.16. Following the completion of the transaction, the chief accounting officer directly owned 1,271 shares of the company’s stock, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,627 shares of company stock worth $953,417 in the last quarter. 0.20% of the stock is owned by corporate insiders.

Procter & Gamble Stock Up 1.2%

Shares of PG stock opened at $145.51 on Tuesday. The stock has a market cap of $338.23 billion, a P/E ratio of 21.98, a PEG ratio of 4.43 and a beta of 0.39. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. The company’s fifty day simple moving average is $147.06 and its two-hundred day simple moving average is $148.12.

Procter & Gamble (NYSE:PGGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The firm had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the business posted $1.48 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Analysts predict that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 24th were paid a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s dividend payout ratio is presently 65.71%.

Procter & Gamble News Summary

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

  • Positive Sentiment: Several recent articles identify PG as a leading dividend stock for 2027 and beyond, emphasizing its dependable income, long record of dividend growth and resilience across economic cycles. This supports demand from income-oriented and defensive investors. The Best Dividend Stock for 2027 and Beyond: Procter & Gamble
  • Positive Sentiment: PG is being presented as an attractive alternative to simply owning the Consumer Staples Select Sector SPDR Fund (XLP), reflecting investor interest in selecting high-quality individual dividend payers with established household brands. These 3 Dividend Stocks Make a Strong Case for Skipping XLP
  • Neutral Sentiment: The bullish investment case also depends on productivity improvements, new product innovation and robust cash returns. Those factors could help offset modest underlying growth, although PG’s valuation remains relatively rich. Is P&G Stock Worth Buying as Growth Slows and Valuation Stays Rich?
  • Negative Sentiment: Analysts highlight an estimated 8% fiscal 2027 core EPS headwind from higher input costs, financing expenses, lower non-operating income and unfavorable currency movements. These pressures could limit earnings growth and weigh on the stock’s premium valuation. P&G Fiscal 2027 Outlook Brings an 8% Core EPS Headwind Into Focus
  • Negative Sentiment: Erste Group Bank issued a bearish forecast for PG’s fiscal 2027 earnings, reinforcing concerns that the company’s near-term fundamentals may not justify its valuation. Erste Group Bank Has Bearish Forecast for PG FY2027 Earnings

Analysts Set New Price Targets

A number of research firms have weighed in on PG. JPMorgan Chase & Co. dropped their price target on shares of Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a research report on Thursday, July 16th. Argus downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. Bank of America lowered their target price on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Finally, Jefferies Financial Group increased their price target on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $161.19.

Read Our Latest Stock Analysis on Procter & Gamble

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.

See Also

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

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