Procter & Gamble Company (The) $PG Holdings Increased by Renasant Bank

Renasant Bank boosted its stake in shares of Procter & Gamble Company (The) (NYSE:PG) by 157.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 6,717 shares of the company’s stock after purchasing an additional 4,105 shares during the quarter. Renasant Bank’s holdings in Procter & Gamble were worth $976,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PG. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Procter & Gamble during the 2nd quarter worth about $26,000. Montgomery Financial Services LLC bought a new position in Procter & Gamble during the 2nd quarter valued at about $28,000. Paladin Partners LLC acquired a new position in Procter & Gamble in the second quarter valued at about $29,000. Evergreen Advisors LLC acquired a new position in Procter & Gamble in the first quarter valued at about $37,000. Finally, Toews Corp ADV bought a new stake in Procter & Gamble during the second quarter worth about $37,000. 65.77% of the stock is owned by institutional investors.

Insider Transactions at Procter & Gamble

In other news, CEO Shailesh Jejurikar sold 35,000 shares of Procter & Gamble stock in a transaction on Friday, October 23rd. The stock was sold at an average price of $163.09, for a total value of $5,708,150.00. Following the completion of the sale, the chief executive officer directly owned 55,391 shares of the company’s stock, valued at approximately $9,033,718.19. This trade represents a 38.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Andre Schulten sold 33,624 shares of the business’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $165.00, for a total value of $5,547,960.00. Following the sale, the chief financial officer owned 65,618 shares of the company’s stock, valued at approximately $10,826,970. The trade was a 33.88% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 197,756 shares of company stock worth $32,336,001. Corporate insiders own 0.23% of the company’s stock.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: PG’s Beauty business posted 5% organic sales growth in fiscal Q1 2027, supported by Pantene and SK-II, product innovation, and stronger brand execution. Sustaining that momentum could help support growth, though its impact on the broader business remains uncertain. Article: Is Procter & Gamble’s Beauty Momentum Enough to Lift Growth?
• Neutral Sentiment: P&G named Shalini Saraswat Brand Director and Business Head for Pantene India, bringing prior P&G brand leadership and R&D experience. The appointment supports the company’s focus on hair care in India, but no expected financial effect was specified. Article: What Does Procter & Gamble Naming a New India Beauty Head Signal?
• Neutral Sentiment: In an advertising challenge brought by P&G, the National Advertising Division concluded that Unilever had substantiation for its challenged Dove body-wash moisturizing claims. This is a competitive setback for P&G, but no direct financial impact was reported. Article: National Advertising Division Found Unilever’s Dove Deep Moisture Body Wash Claims Supported
• Negative Sentiment: CEO Juliana Mont Santos sold 5,370 shares and CFO Andre Schulten sold 30,677 shares, both at $169 on Nov. 5. Each retained shares, but the sales and reductions in their respective holdings could weigh on investor sentiment. Article: Procter & Gamble CFO Andre Schulten Sells Shares CEO SEC filing

Procter & Gamble Trading Up 0.1%

Shares of NYSE PG opened at $168.43 on Wednesday. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $170.52. The company has a 50-day moving average of $152.95 and a two-hundred day moving average of $149.64. The company has a market cap of $390.38 billion, a PE ratio of 25.37, a P/E/G ratio of 4.14 and a beta of 0.36. The company has a current ratio of 0.72, a quick ratio of 0.53 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. The business had revenue of $23.28 billion for the quarter, compared to analysts’ expectations of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. Procter & Gamble’s revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.99 earnings per share. As a group, equities analysts expect that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.51%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on PG. Freedom Broker upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 target price for the company in a research note on Friday, October 23rd. Argus lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. Morgan Stanley raised their price target on Procter & Gamble from $166.00 to $185.00 and gave the company an “overweight” rating in a report on Friday, October 23rd. Citigroup lifted their price objective on Procter & Gamble from $180.00 to $187.00 and gave the company a “buy” rating in a research report on Friday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Procter & Gamble in a research note on Friday, October 23rd. Fifteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and an average price target of $170.57.

About Procter & Gamble

The Procter & Gamble Company is a consumer goods company that develops, manufactures and markets products for everyday use. Founded in 1837 by William Procter and James Gamble, the company is headquartered in Cincinnati, Ohio. Its products span beauty, grooming, health care, fabric and home care, and baby, feminine and family care. Well-known brands include Tide, Pampers, Gillette, Pantene, Olay, Oral-B, Crest, Dawn, Charmin and Bounty. Procter & Gamble sells its products in markets around the world through retail stores, e-commerce platforms and other distribution channels.