Procter & Gamble Company (The) $PG Holdings Decreased by Boston Trust Walden Corp

Boston Trust Walden Corp lowered its stake in Procter & Gamble Company (The) (NYSE:PG) by 6.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 379,587 shares of the company’s stock after selling 27,656 shares during the quarter. Boston Trust Walden Corp’s holdings in Procter & Gamble were worth $55,146,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ellis Investment Partners LLC boosted its holdings in shares of Procter & Gamble by 0.7% in the third quarter. Ellis Investment Partners LLC now owns 8,816 shares of the company’s stock valued at $1,281,000 after acquiring an additional 64 shares in the last quarter. Clark Wealth Partners increased its stake in shares of Procter & Gamble by 20.6% during the third quarter. Clark Wealth Partners now owns 387 shares of the company’s stock valued at $56,000 after acquiring an additional 66 shares during the period. Kuhn & Co Investment Counsel raised its holdings in Procter & Gamble by 1.0% during the third quarter. Kuhn & Co Investment Counsel now owns 6,555 shares of the company’s stock worth $952,000 after purchasing an additional 66 shares in the last quarter. Whelan Financial raised its holdings in Procter & Gamble by 1.9% during the third quarter. Whelan Financial now owns 3,689 shares of the company’s stock worth $536,000 after purchasing an additional 68 shares in the last quarter. Finally, KLCM Advisors Inc. lifted its position in Procter & Gamble by 0.9% in the first quarter. KLCM Advisors Inc. now owns 7,890 shares of the company’s stock worth $1,140,000 after purchasing an additional 70 shares during the period. Institutional investors own 65.77% of the company’s stock.

Insider Buying and Selling

In other news, CAO Matthew W. Janzaruk sold 9,479 shares of the stock in a transaction that occurred on Tuesday, November 3rd. The stock was sold at an average price of $163.00, for a total value of $1,545,077.00. Following the completion of the sale, the chief accounting officer directly owned 1,271 shares of the company’s stock, valued at approximately $207,173. This represents a 88.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Victor Aguilar sold 18,812 shares of Procter & Gamble stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $164.43, for a total value of $3,093,257.16. Following the sale, the insider directly owned 55,243 shares in the company, valued at approximately $9,083,606.49. This trade represents a 25.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 128,085 shares of company stock valued at $20,696,098. 0.23% of the stock is owned by company insiders.

Procter & Gamble News Summary

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

• Positive Sentiment: Following the midterm elections, investors have favored established dividend payers such as P&G. The company’s recent quarter showed resilience: earnings and revenue topped consensus estimates, while sales grew 4% year over year. Article: Dividend Kings reach 52-week highs
• Positive Sentiment: P&G’s pricing power and strong brand loyalty may help it preserve sales and dividend purchasing power while inflation remains above 3%. It has raised its dividend for 70 consecutive years, reinforcing its appeal to income-focused investors. Article: Dividend stocks with pricing power
• Neutral Sentiment: P&G closed a €3.25 billion euro-note offering. The financing raises capital, but also entails debt obligations; the report did not detail how proceeds will be used. Article: Euro note offering
• Negative Sentiment: Rising costs and value-conscious shoppers could pressure growth in P&G’s premium brands, even as innovation and customer loyalty remain strengths. Article: Premium brands in a value-seeking market
• Negative Sentiment: Multiple insiders, including executives and the chief accounting officer, recently reported share sales. These transactions may concern investors, though sales alone do not necessarily signal a negative view of the company. Article: CEO share sale

Procter & Gamble Stock Up 3.3%

PG stock opened at $167.37 on Thursday. Procter & Gamble Company has a 12 month low of $137.62 and a 12 month high of $168.17. The firm has a market cap of $387.93 billion, a PE ratio of 25.21, a P/E/G ratio of 3.98 and a beta of 0.36. The firm has a 50 day simple moving average of $151.12 and a 200 day simple moving average of $149.23. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.53.

Procter & Gamble (NYSE:PG) last issued 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 during the quarter, compared to the consensus estimate of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The firm’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.99 EPS. Equities research analysts forecast that Procter & Gamble Company will post 6.99 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently announced 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 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 23rd. Procter & Gamble’s payout ratio is currently 65.51%.

Analysts Set New Price Targets

A number of brokerages have issued reports on PG. Freedom Broker raised Procter & Gamble from a “hold” rating to a “buy” rating and set a $176.00 price target for the company in a research note on Friday, October 23rd. Citigroup boosted their price objective on Procter & Gamble from $180.00 to $187.00 and gave the stock a “buy” rating in a research note on Friday, October 23rd. Bank of America dropped their price objective on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a research note on Friday, July 10th. HSBC lowered Procter & Gamble from a “buy” rating to a “hold” rating and cut their price objective for the company from $182.00 to $149.00 in a report on Thursday, July 30th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $161.00 target price on shares of Procter & Gamble in a report on Thursday, October 22nd. Fifteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $170.57.

About Procter & Gamble

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.