Procter & Gamble Company (The) $PG Shares Sold by Murphy Pohlad Asset Management LLC

Murphy Pohlad Asset Management LLC cut its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,385 shares of the company’s stock after selling 500 shares during the period. Procter & Gamble makes up approximately 2.3% of Murphy Pohlad Asset Management LLC’s investment portfolio, making the stock its 8th largest holding. Murphy Pohlad Asset Management LLC’s holdings in Procter & Gamble were worth $5,319,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC increased its holdings in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. increased its holdings in shares of Procter & Gamble by 10.6% in the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after acquiring an additional 277 shares in the last quarter. Summit Wealth Group LLC increased its holdings in shares of Procter & Gamble by 11.2% in the first quarter. Summit Wealth Group LLC now owns 7,437 shares of the company’s stock worth $1,267,000 after acquiring an additional 752 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in shares of Procter & Gamble by 10.4% in the first quarter. Golden State Wealth Management LLC now owns 6,007 shares of the company’s stock worth $1,024,000 after acquiring an additional 567 shares in the last quarter. Finally, Alley Investment Management Company LLC increased its holdings in shares of Procter & Gamble by 0.6% in the first quarter. Alley Investment Management Company LLC now owns 63,974 shares of the company’s stock worth $10,902,000 after acquiring an additional 378 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Stock Performance

PG opened at $149.56 on Friday. Procter & Gamble Company has a 52-week low of $146.96 and a 52-week high of $180.43. The firm has a market capitalization of $349.47 billion, a PE ratio of 21.83, a PEG ratio of 3.87 and a beta of 0.36. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The business’s 50-day simple moving average is $154.04 and its 200 day simple moving average is $158.03.

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

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Investors of record on Friday, October 24th will be issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, October 24th. Procter & Gamble’s dividend payout ratio is presently 61.75%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on PG shares. Wells Fargo & Company lowered their price target on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. UBS Group lowered their price target on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Morgan Stanley set a $175.00 price objective on Procter & Gamble in a research report on Monday. Finally, Bank of America reduced their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and an average price target of $171.53.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Balaji Purushothaman sold 490 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $74,592.70. Following the sale, the insider owned 12,616 shares in the company, valued at $1,920,533.68. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Matthew W. Janzaruk sold 725 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $149.57, for a total value 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 represents a 42.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 150,488 shares of company stock valued at $23,529,718 in the last ninety days. Insiders own 0.20% of the company’s stock.

Procter & Gamble Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.