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Positives for Procter & Gamble Co (PG) as stock gains in recent trading

Procter & Gamble Co (NYSE: PG) is 16.23% higher on its value in year-to-date trading and has touched a low of $143.13 and a high of $180.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PG stock was last observed hovering at around $171.14 in the last trading session, with the day’s loss setting it -0.81%.

Currently trading at $170.33, the stock is -2.20% and -0.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.94 million and changing -0.47% at the moment leaves the stock 1.84% off its SMA200. PG registered 18.32% gain for a year compared to 6-month gain of 1.05%. The firm has a 50-day simple moving average (SMA 50) of $170.5568 and a 200-day simple moving average (SMA200) of $167.1919.

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The stock witnessed a 0.47% loss in the last 1 month and extending the period to 3 months gives it a -2.06%, and is -1.13% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.18% over the week and 1.36% over the month.

Procter & Gamble Co (PG) has around 108000 employees, a market worth around $401.13B and $83.91B in sales. Current P/E ratio is 29.38 and Fwd P/E is 22.92. Profit margin for the company is 16.72%. Distance from 52-week low is 19.00% and -5.60% from its 52-week high. The company has generated returns on investments over the last 12 months (18.09%).

with sales reaching $21.74B over the same period.The EPS is expected to grow by 5.49% this year, but quarterly earnings will post 1.99% year-over-year. Quarterly sales are estimated to grow 1.42% in year-over-year returns.

Procter & Gamble Co (PG) Top Institutional Holders

4654.0 institutions hold shares in Procter & Gamble Co (PG), with institutional investors hold 69.15% of the company’s shares. The shares outstanding are 2.36B, and float is at 2.35B with Short Float at 0.88%. Institutions hold 69.12% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 225.97 million shares valued at $37.27 billion. The investor’s holdings represent 9.5729% of the PG Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 159.13 million shares valued at $26.24 billion to account for 6.7412 of the shares outstanding. The other top investors are STATE STREET CORP which holds 103.13 million shares representing 4.369% and valued at over $17.01 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.1854 of the shares totaling 51.59 million with a market value of $8.49 billion.

Procter & Gamble Co (PG) Insider Activity

The most recent transaction is an insider sale by Coombe Gary A, the company’s CEO – Grooming. SEC filings show that Coombe Gary A sold 47,847 shares of the company’s common stock on Nov 27 ’24 at a price of $179.84 per share for a total of $8.6 million. Following the sale, the insider now owns 39977.0 shares.

Procter & Gamble Co disclosed in a document filed with the SEC on Nov 21 ’24 that Purushothaman Balaji (Chief Human Resources Officer) sold a total of 12,800 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $172.73 per share for $2.21 million. Following the transaction, the insider now directly holds 11595.0 shares of the PG stock.

Still, SEC filings show that on Nov 22 ’24, Coombe Gary A (Officer) Proposed Sale 47,847 shares at an average price of $170.29 for $8.15 million. The insider now directly holds shares of Procter & Gamble Co (PG).

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