Procter & Gamble (NYSE:PG) Stock Unloaded Rep. George Whitesides

Representative George Whitesides (D-California) recently sold shares of The Procter & Gamble Company NYSE: PG. In a filing disclosed on April 23rd, the Representative disclosed that they had sold between $100,001 and $250,000 in Procter & Gamble stock on March 24th. The trade occurred in the Representative's "GEORGE WHITESIDES INDIVIDUAL" account.

Representative George Whitesides also recently made the following trade(s):

• Sold $100,001 - $250,000 in shares of Netflix NASDAQ: NFLX on 3/27/2025.
• Sold $250,001 - $500,000 in shares of Innoviva NASDAQ: INVA on 3/25/2025.
• Sold $50,001 - $100,000 in shares of Union Pacific NYSE: UNP on 3/24/2025.
• Sold $100,001 - $250,000 in shares of Linde NASDAQ: LIN on 3/24/2025.
• Sold $1,001 - $15,000 in shares of Sandoz Group OTCMKTS: SDZNY on 3/24/2025.
• Sold $15,001 - $50,000 in shares of American Electric Power NASDAQ: AEP on 3/24/2025.
• Sold $50,001 - $100,000 in shares of Medtronic NYSE: MDT on 3/24/2025.
• Sold $100,001 - $250,000 in shares of McDonald's NYSE: MCD on 3/24/2025.
• Sold $15,001 - $50,000 in shares of Bank of America NYSE: BAC on 3/24/2025.
• Sold $15,001 - $50,000 in shares of Diageo NYSE: DEO on 3/24/2025.

Procter & Gamble Stock Up 0.9 %

Shares of PG traded up $1.51 on Friday, reaching $161.04. The company's stock had a trading volume of 12,892,765 shares, compared to its average volume of 7,124,247. The Procter & Gamble Company has a twelve month low of $156.58 and a twelve month high of $180.43. The company has a current ratio of 0.76, a quick ratio of 0.55 and a debt-to-equity ratio of 0.50. The firm has a fifty day moving average of $168.16 and a 200-day moving average of $168.32. The stock has a market capitalization of $377.61 billion, a PE ratio of 25.64, a PEG ratio of 3.76 and a beta of 0.43.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Thursday, April 24th. The company reported $1.54 EPS for the quarter, missing the consensus estimate of $1.57 by ($0.03). The firm had revenue of $19.78 billion for the quarter, compared to the consensus estimate of $20.42 billion. Procter & Gamble had a return on equity of 33.00% and a net margin of 18.35%. During the same period in the prior year, the business earned $1.52 EPS. Equities analysts predict that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Monday, April 21st will be given a $1.0568 dividend. The ex-dividend date of this dividend is Monday, April 21st. This represents a $4.23 annualized dividend and a yield of 2.62%. This is an increase from Procter & Gamble's previous quarterly dividend of $1.01. Procter & Gamble's dividend payout ratio (DPR) is presently 66.98%.

Insider Activity

In other Procter & Gamble news, CEO Gary A. Coombe sold 35,000 shares of the company's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $173.68, for a total transaction of $6,078,800.00. Following the completion of the sale, the chief executive officer now directly owns 22,051 shares of the company's stock, valued at approximately $3,829,817.68. This represents a 61.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.18% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PG. Bank of America dropped their target price on shares of Procter & Gamble from $190.00 to $180.00 and set a "buy" rating on the stock in a research note on Friday. Piper Sandler restated an "underperform" rating on shares of Procter & Gamble in a research report on Friday. JPMorgan Chase & Co. decreased their price target on shares of Procter & Gamble from $181.00 to $172.00 and set an "overweight" rating on the stock in a research note on Friday, April 11th. Barclays reaffirmed an "equal weight" rating on shares of Procter & Gamble in a research note on Thursday, March 27th. Finally, Stifel Nicolaus increased their target price on Procter & Gamble from $161.00 to $165.00 and gave the company a "hold" rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, five have given a hold rating, fifteen have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $180.79.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PG. Lakeridge Wealth Management LLC boosted its holdings in Procter & Gamble by 0.6% in the fourth quarter. Lakeridge Wealth Management LLC now owns 10,807 shares of the company's stock worth $1,812,000 after purchasing an additional 60 shares during the last quarter. Unique Wealth LLC boosted its stake in shares of Procter & Gamble by 2.9% in the 1st quarter. Unique Wealth LLC now owns 2,141 shares of the company's stock worth $365,000 after buying an additional 61 shares during the last quarter. Stableford Capital II LLC increased its position in Procter & Gamble by 1.1% during the first quarter. Stableford Capital II LLC now owns 5,817 shares of the company's stock valued at $993,000 after acquiring an additional 61 shares during the last quarter. Colton Groome Financial Advisors LLC lifted its holdings in Procter & Gamble by 3.2% in the fourth quarter. Colton Groome Financial Advisors LLC now owns 1,995 shares of the company's stock valued at $334,000 after acquiring an additional 62 shares during the period. Finally, Bernard Wealth Management Corp. boosted its position in Procter & Gamble by 20.2% in the first quarter. Bernard Wealth Management Corp. now owns 375 shares of the company's stock worth $64,000 after purchasing an additional 63 shares during the last quarter. Hedge funds and other institutional investors own 65.77% of the company's stock.

About Representative Whitesides

George Whitesides (Democratic Party) is a member of the U.S. House, representing California's 27th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Whitesides (Democratic Party) ran for election to the U.S. House to represent California's 27th Congressional District. He won in the general election on November 5, 2024. George Whitesides earned a bachelor's degree in public and international affairs from Princeton University in 1996 and a master's degree in remote sensing and GIS from the University of Cambridge in 2000. His career experience includes working as the chief of staff for NASA during the administration of President Barack Obama (D) and the CEO of human spaceflight company Virgin Galactic. Whitesides co-founded Megafire Action, an organization dedicated to responding to wildfires. Whitesides co-chaired the Antelope Valley Covid-19 Task Force and joined the Antelope Valley Economic Development and Growth Enterprise (AV EDGE) as a board member.

Procter & Gamble Company 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.