Procter & Gamble (NYSE:PG) Stock Price Up 1.3% – What’s Next?

Procter & Gamble Company (The) (NYSE:PG) traded up 1.3% on Friday . The company traded as high as $151.97 and last traded at $151.7970. 12,638,875 shares changed hands during mid-day trading, an increase of 5% from the average session volume of 12,034,288 shares. The stock had previously closed at $149.90.

Wall Street Analysts Forecast Growth

PG has been the topic of a number of analyst reports. Rothschild & Co Redburn upped their price target on Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. TD Cowen cut Procter & Gamble from a “buy” rating to a “hold” rating and upped their target price for the company from $150.00 to $156.00 in a report on Tuesday. Jefferies Financial Group upgraded shares of Procter & Gamble from a “hold” rating to a “buy” rating and raised their price target for the stock from $156.00 to $179.00 in a report on Tuesday, December 16th. Wells Fargo & Company upped their price objective on shares of Procter & Gamble from $158.00 to $165.00 and gave the company an “overweight” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Thirteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus price target of $167.00.

Procter & Gamble Stock Performance

The company has a market capitalization of $352.78 billion, a price-to-earnings ratio of 22.49, a P/E/G ratio of 4.89 and a beta of 0.39. The company has a 50 day moving average price of $144.87 and a 200 day moving average price of $150.34. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.02. The business had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd will be issued a dividend of $1.0568 per share. The ex-dividend date is Friday, January 23rd. This represents a $4.23 annualized dividend and a yield of 2.8%. Procter & Gamble’s dividend payout ratio is presently 62.67%.

Insider Activity

In other news, insider Marc S. Pritchard sold 95,903 shares of the business’s stock in a transaction dated Friday, January 23rd. The shares were sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the completion of the sale, the insider directly owned 182,607 shares of the company’s stock, valued at $27,601,048.05. The trade was a 34.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is owned by corporate insiders.

Institutional Trading of Procter & Gamble

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PG. Halbert Hargrove Global Advisors LLC bought a new position in Procter & Gamble during the 3rd quarter valued at $25,000. Maseco LLP bought a new position in shares of Procter & Gamble during the fourth quarter valued at about $28,000. Saranac Partners Ltd bought a new stake in Procter & Gamble in the 3rd quarter worth about $30,000. Corundum Trust Company INC purchased a new stake in Procter & Gamble in the 3rd quarter valued at about $32,000. Finally, Mid American Wealth Advisory Group Inc. bought a new position in shares of Procter & Gamble during the 2nd quarter worth approximately $34,000. 65.77% of the stock is owned by institutional investors.

About Procter & Gamble

Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.

P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.