Procter & Gamble (NYSE:PG) Trading Down 1.2% – Here’s What Happened

Procter & Gamble Company (The) (NYSE:PG)’s share price was down 1.2% during trading on Monday . The company traded as low as $142.42 and last traded at $142.7010. Approximately 11,538,253 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 8,307,185 shares. The stock had previously closed at $144.46.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PG. JPMorgan Chase & Co. reduced their price target on shares of Procter & Gamble from $165.00 to $157.00 and set a “neutral” rating on the stock in a research report on Thursday, December 18th. Bank of America cut their target price on shares of Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Morgan Stanley set a $175.00 target price on Procter & Gamble in a research note on Monday, October 27th. Barclays dropped their price target on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Monday, December 8th. Finally, Raymond James Financial reduced their price objective on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday, October 20th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $171.38.

Procter & Gamble Price Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The firm has a market capitalization of $337.72 billion, a P/E ratio of 21.10, a price-to-earnings-growth ratio of 4.82 and a beta of 0.39. The business has a fifty day moving average of $147.04 and a 200-day moving average of $153.03.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.09. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, sell-side analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were paid a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, October 24th. This represents a $4.23 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.75%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Jennifer L. Davis sold 3,227 shares of the stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $491,246.21. Following the completion of the transaction, the chief executive officer directly owned 61,764 shares of the company’s stock, valued at approximately $9,402,333.72. This trade represents a 4.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gary A. Coombe sold 3,535 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the sale, the chief executive officer directly owned 34,816 shares in the company, valued at $5,300,039.68. This represents a 9.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 30,308 shares of company stock worth $4,611,852. Company insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Advisors Management Group Inc. ADV grew its stake in shares of Procter & Gamble by 1.2% in the 3rd quarter. Advisors Management Group Inc. ADV now owns 27,792 shares of the company’s stock worth $4,270,000 after purchasing an additional 334 shares during the last quarter. Lindenwold Advisors INC boosted its holdings in Procter & Gamble by 0.9% during the third quarter. Lindenwold Advisors INC now owns 15,406 shares of the company’s stock worth $2,367,000 after buying an additional 141 shares in the last quarter. Farmers National Bank grew its position in Procter & Gamble by 3.4% in the third quarter. Farmers National Bank now owns 50,831 shares of the company’s stock worth $7,810,000 after buying an additional 1,692 shares during the last quarter. Painted Porch Advisors LLC increased its holdings in shares of Procter & Gamble by 1.1% in the third quarter. Painted Porch Advisors LLC now owns 14,386 shares of the company’s stock valued at $2,210,000 after buying an additional 150 shares in the last quarter. Finally, Saranac Partners Ltd acquired a new stake in shares of Procter & Gamble during the 3rd quarter valued at $30,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Company Profile

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.