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

Procter & Gamble Company (The) (NYSE:PG)’s stock price fell 1.2% during mid-day trading on Monday . The company traded as low as $156.02 and last traded at $157.28. 11,068,469 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 11,849,918 shares. The stock had previously closed at $159.17.

Analysts Set New Price Targets

PG has been the topic of a number of research analyst reports. Dbs Bank raised shares of Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and increased their target price for the stock from $156.00 to $179.00 in a research note on Tuesday, December 16th. Morgan Stanley set a $175.00 price target on shares of Procter & Gamble in a research note on Monday, October 27th. Rothschild & Co Redburn increased their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Finally, Wells Fargo & Company boosted their target price on Procter & Gamble from $158.00 to $165.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Thirteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, Procter & Gamble presently has an average rating of “Moderate Buy” and a consensus price target of $167.67.

Procter & Gamble Stock Down 1.2%

The stock’s 50-day simple moving average is $145.75 and its 200-day simple moving average is $150.30. The company has a current ratio of 0.72, a quick ratio of 0.51 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $365.52 billion, a P/E ratio of 23.30, a P/E/G ratio of 5.29 and a beta of 0.38.

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

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be issued a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s payout ratio is 62.67%.

Insider Activity

In other Procter & Gamble 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 value of $14,495,738.45. Following the transaction, the insider directly owned 182,607 shares in the company, 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 Securities & Exchange Commission, which is available through the SEC website. Also, CEO Ma. Fatima Francisco sold 8,000 shares of Procter & Gamble stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $158.00, for a total transaction of $1,264,000.00. Following the completion of the sale, the chief executive officer directly owned 6,571 shares in the company, valued at $1,038,218. This trade represents a 54.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.20% of the company’s stock.

Hedge Funds Weigh In On Procter & Gamble

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PG. Orca Investment Management LLC grew its stake in Procter & Gamble by 2.0% in the 2nd quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock valued at $516,000 after buying an additional 64 shares in the last quarter. Sovereign Financial Group Inc. boosted its holdings in shares of Procter & Gamble by 1.1% in the second quarter. Sovereign Financial Group Inc. now owns 5,823 shares of the company’s stock worth $928,000 after acquiring an additional 65 shares during the period. WP Advisors LLC grew its position in shares of Procter & Gamble by 4.9% in the second quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock valued at $224,000 after purchasing an additional 66 shares in the last quarter. Trilogy Capital Inc. raised its stake in shares of Procter & Gamble by 1.1% during the 4th quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock valued at $901,000 after purchasing an additional 67 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in Procter & Gamble by 1.8% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock worth $549,000 after purchasing an additional 67 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

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.