Penn Davis Mcfarland 13F: Exits The Procter & Gamble (PG) Stake

Penn Davis Mcfarland closed out its position in The Procter & Gamble Company NYSE: PG, selling all 26,340 shares it previously held. The complete exit was revealed in a Form 13F filing submitted to the Securities and Exchange Commission on October 23, 2026. Prior to the sale, the stake represented the entirety of the fund's investment in the consumer products maker.

PG The Procter & Gamble Company

$161.02 ▲ +16.09% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Penn Davis Mcfarland's Procter & Gamble Position

Penn Davis Mcfarland completely liquidated its holding, reducing its share count from 26,340 down to zero. Because the fund sold off every share it owned, the transaction marks a 100% reduction in its exposure to the stock during the period covered by the filing.

Other Institutional Activity in The Procter & Gamble Company

Other major investment managers adjusted their positions in the household products maker around the same time. NTV Asset Management grew its holdings by 8,824 shares, ending with 39,756 shares worth about $5,775,752. Capital Investment Advisors lifted its stake by 17,061 shares for a new total of 462,434 shares valued at roughly $67,182,483. Mutual of America Capital Management raised its stake by 13,546 shares, bringing its holdings to 253,659 shares worth about $36,851,580. Meanwhile, Wilmington Savings Fund Society reduced its stake by 18,433 shares to finish with 315,785 shares valued at roughly $45,877,245.

The Procter & Gamble Company Stock Up 2.7%

The stock closed at $161.02 on October 23, 2026, and recently traded around $161.06 as of October 24, 2026. The recent price sits about 3.7% below its 52-week high of $167.25 while staying comfortably above both its 50-day moving average of $148.03 and its 200-day moving average of $148.40.

Recent Earnings

The company posted trailing twelve month revenue of $87.92 billion alongside an earnings per share figure of $6.64. The firm operates with a net profit margin of 18.2% and a return on equity of 29.6%. Investors will watch for the next earnings update on January 21, 2027.

Dividend

The company distributes an annual dividend rate of $4.35 per share, translating to a dividend yield of 2.63%. Its dividend payout ratio sits at 64.3% of earnings.

Insider Buying and Selling at The Procter & Gamble Company

Company insiders completed several share sales early in October 2026. Officer Paul Gama sold 2,225 shares on October 5, 2026, at an average price of $145.34 for a total value of $323,382. Officer Susan Street Whaley sold 2,369 shares on October 5, 2026, at $145.34 per share, totaling $344,310. Chief Financial Officer Andre Schulten sold 3,914 shares on October 5, 2026, at $145.34 per share for a total of $568,861.

Analysts Set New Price Targets

Analyst firms adjusted their views on the stock following the filing period. Freedom Broker upgraded the stock to a buy rating with a $176.00 price target on October 23, 2026. UBS maintained a buy rating while lifting its target to $190.00 from $172.00 on the same day. Citigroup maintained a buy rating and raised its target to $187.00 from $180.00. BNP Paribas maintained an outperform rating with a price target of $189.00, while JP Morgan maintained an overweight rating and raised its target to $180.00 from $162.00. Overall, the stock holds a consensus buy rating backed by 23 analyst opinions and a mean price target of $168.87.

About The Procter & Gamble Company

Headquartered in Cincinnati, Ohio, The Procter & Gamble Company manufactures and distributes everyday consumer items worldwide. Its portfolio spans baby care, feminine hygiene, family products, beauty items, grooming essentials, health care goods, fabric care, and home cleaning supplies.

Bottom Line

Institutional investors continue to reallocate capital across major consumer goods names. Market participants will monitor upcoming earnings results on January 21, 2027, to gauge how pricing power and profit margins evolve through the fiscal year.