Procter & Gamble Company (The) $PG Shares Sold by Associated Banc Corp

Associated Banc Corp decreased its stake in Procter & Gamble Company (The) (NYSE:PG) by 3.4% during the 4th quarter, Holdings Channel reports. The firm owned 223,550 shares of the company’s stock after selling 7,759 shares during the quarter. Procter & Gamble makes up approximately 0.8% of Associated Banc Corp’s investment portfolio, making the stock its 29th largest position. Associated Banc Corp’s holdings in Procter & Gamble were worth $32,037,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Delta Financial Advisors LLC grew its position in shares of Procter & Gamble by 5.1% in the fourth quarter. Delta Financial Advisors LLC now owns 35,715 shares of the company’s stock valued at $5,118,000 after purchasing an additional 1,730 shares during the period. Daviman Financial LLC purchased a new position in shares of Procter & Gamble in the fourth quarter worth about $276,000. RD Lewis Holdings Inc. lifted its stake in shares of Procter & Gamble by 34.4% in the fourth quarter. RD Lewis Holdings Inc. now owns 3,981 shares of the company’s stock worth $618,000 after buying an additional 1,020 shares in the last quarter. Advisory Alpha LLC lifted its stake in shares of Procter & Gamble by 2.4% in the fourth quarter. Advisory Alpha LLC now owns 18,987 shares of the company’s stock worth $2,722,000 after buying an additional 454 shares in the last quarter. Finally, Evoke Wealth LLC lifted its stake in shares of Procter & Gamble by 3.2% in the fourth quarter. Evoke Wealth LLC now owns 34,770 shares of the company’s stock worth $4,983,000 after buying an additional 1,065 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on PG shares. Wells Fargo & Company raised their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research note on Monday, April 27th. JPMorgan Chase & Co. decreased their price target on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Raymond James Financial decreased their price target on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. TD Cowen raised their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research note on Monday, April 27th. Finally, The Goldman Sachs Group decreased their price target on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a research note on Wednesday, April 8th. Eleven research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $161.06.

Procter & Gamble Trading Up 0.8%

Shares of PG stock opened at $144.50 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The stock has a market capitalization of $336.49 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 6.15 and a beta of 0.41. The company has a 50 day moving average price of $144.93 and a 200 day moving average price of $147.95. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $170.99.

Procter & Gamble (NYSE:PG) last posted its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter in the previous year, the business posted $1.54 EPS. The firm’s revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts predict that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s payout ratio is currently 63.60%.

Insider Buying and Selling

In related news, CEO Ma. Fatima Francisco sold 5,549 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $165.29, for a total value of $917,194.21. Following the transaction, the chief executive officer owned 1,029 shares in the company, valued at approximately $170,083.41. This trade represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

About Procter & Gamble

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.