Procter & Gamble CEO Gary Coombe sells $6.08 million in stock

Gary Coombe, CEO of Grooming at Procter & Gamble Co. (NYSE:PG), recently executed a significant transaction involving the company’s stock. According to a recent SEC filing, Coombe sold 35,000 shares of Procter & Gamble common stock on February 28, 2025. The shares were sold at a weighted average price of $173.6758, resulting in total proceeds of approximately $6.08 million.

This sale followed an exercise of stock options, where Coombe acquired 35,000 shares at $78.52 per share. After these transactions, Coombe holds 22,050.7545 shares directly, with additional shares held indirectly through retirement and stock ownership plans. For deeper insights into insider transactions and comprehensive analysis, InvestingPro subscribers can access detailed financial health metrics, where P&G currently maintains a GOOD overall score.

These moves are part of the routine management of stock options and holdings by executives and are disclosed to provide transparency to investors. The company has demonstrated strong financial stability, maintaining dividend increases for 41 consecutive years, making it a notable player in the Household Products industry.

In other recent news, Procter & Gamble reported its second fiscal quarter earnings per share at $1.88, slightly surpassing Wall Street estimates by one cent, and saw its organic revenue exceed expectations by approximately 20 basis points. UBS reiterated a Buy rating on Procter & Gamble with a $189 price target, noting sequential improvement in organic revenue and volume as factors influencing the positive sentiment. However, concerns remain as BNP Paribas (OTC:BNPQY) expressed skepticism about Procter & Gamble’s fiscal 2025 organic sales guidance, pointing to heightened market uncertainty in the United States. The company acknowledged challenges such as slowing categories in the U.S. and retailer de-stocking but maintained flexibility to protect earnings per share if growth slows. Additionally, P&G faces volatility from newly enacted and proposed tariffs and foreign exchange fluctuations, with a slowdown in market consumption in regions like Asia, the Middle East, and Africa. Despite these challenges, P&G has not altered its fiscal year guidance ranges but is supporting the low-end of its guidance. Meanwhile, PepsiCo (NASDAQ:PEP)’s stock was maintained at a Neutral rating by JPMorgan with a $158 price target, as the firm noted potential long-term benefits from PepsiCo’s strategic initiatives despite short-term headwinds.

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