Rep. David Taylor Acquires Shares of The Procter & Gamble Company (NYSE:PG)

Representative David Taylor (R-Ohio) recently bought shares of The Procter & Gamble Company (NYSE:PG). In a filing disclosed on April 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Procter & Gamble stock on February 10th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)" account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 3/27/2025.
• Purchased $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 3/10/2025.
• Purchased $1,001 - $15,000 in shares of Eaton NYSE: ETN on 3/10/2025.
• Sold $1,001 - $15,000 in shares of American Electric Power NASDAQ: AEP on 3/10/2025.
• Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 3/10/2025.
• Sold $1,001 - $15,000 in shares of J. M. Smucker NYSE: SJM on 2/20/2025.
• Purchased $1,001 - $15,000 in shares of Kroger NYSE: KR on 2/20/2025.
• Purchased $1,001 - $15,000 in shares of J. M. Smucker NYSE: SJM on 2/10/2025.
• Purchased $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 2/5/2025.

Procter & Gamble Stock Performance

PG stock traded down $8.66 during mid-day trading on Friday, reaching $163.73. The company had a trading volume of 13,446,957 shares, compared to its average volume of 6,942,870. The stock's 50-day simple moving average is $169.17 and its two-hundred day simple moving average is $169.15. The stock has a market capitalization of $383.92 billion, a P/E ratio of 26.07, a P/E/G ratio of 3.76 and a beta of 0.43. The company has a quick ratio of 0.55, a current ratio of 0.76 and a debt-to-equity ratio of 0.50. The Procter & Gamble Company has a one year low of $153.52 and a one year high of $180.43.

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Procter & Gamble (NYSE:PG - Get Free Report) last posted its earnings results on Wednesday, January 22nd. The company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.86 by $0.02. The firm had revenue of $21.88 billion during the quarter, compared to analysts' expectations of $21.66 billion. Procter & Gamble had a net margin of 18.35% and a return on equity of 33.00%. Procter & Gamble's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.84 EPS. Research analysts anticipate that The Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 24th were given a dividend of $1.0065 per share. The ex-dividend date was Friday, January 24th. This represents a $4.03 dividend on an annualized basis and a yield of 2.46%. Procter & Gamble's dividend payout ratio is currently 64.01%.

Wall Street Analyst Weigh In

PG has been the topic of several analyst reports. Royal Bank of Canada restated a "sector perform" rating and issued a $164.00 target price on shares of Procter & Gamble in a research report on Thursday, January 23rd. Truist Financial lifted their price objective on shares of Procter & Gamble from $180.00 to $185.00 and gave the company a "buy" rating in a research note on Thursday. Wells Fargo & Company increased their target price on shares of Procter & Gamble from $176.00 to $180.00 and gave the company an "overweight" rating in a research report on Thursday, January 23rd. Piper Sandler dropped their price target on shares of Procter & Gamble from $173.00 to $172.00 and set a "neutral" rating on the stock in a research report on Monday, February 24th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Procter & Gamble from $186.00 to $181.00 and set an "overweight" rating for the company in a report on Thursday, January 16th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $182.00.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 90,450 shares of the company's stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $163.84, for a total value of $14,819,328.00. Following the sale, the insider now owns 172,814 shares in the company, valued at approximately $28,313,845.76. The trade was a 34.36 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Gary A. Coombe sold 35,000 shares of the firm's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $173.68, for a total value of $6,078,800.00. Following the transaction, the chief executive officer now owns 22,051 shares of the company's stock, valued at $3,829,817.68. This trade represents a 61.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 143,450 shares of company stock worth $23,988,008. Company insiders own 0.18% of the company's stock.

Institutional Trading of Procter & Gamble

A number of hedge funds have recently bought and sold shares of PG. Lakeridge Wealth Management LLC increased its holdings in Procter & Gamble by 0.6% in the 4th 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 in the last quarter. Colton Groome Financial Advisors LLC increased its stake in shares of 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 buying an additional 62 shares during the period. Kolinsky Wealth Management LLC raised its holdings in Procter & Gamble by 1.1% in the 4th quarter. Kolinsky Wealth Management LLC now owns 5,738 shares of the company's stock valued at $962,000 after buying an additional 64 shares during the last quarter. Retirement Planning Group LLC grew its holdings in Procter & Gamble by 1.4% during the 4th quarter. Retirement Planning Group LLC now owns 4,704 shares of the company's stock worth $789,000 after acquiring an additional 64 shares during the last quarter. Finally, First Citizens Financial Corp raised its stake in shares of Procter & Gamble by 1.8% during the first quarter. First Citizens Financial Corp now owns 3,664 shares of the company's stock valued at $624,000 after acquiring an additional 64 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio's 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Taylor (Republican Party) ran for election to the U.S. House to represent Ohio's 2nd Congressional District. He won in the general election on November 5, 2024. David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor's career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.