Procter & Gamble (NYSE:PG) Trading Up 2.3% – Here’s What Happened

Procter & Gamble Company (The) (NYSE:PG) shot up 2.3% during trading on Thursday . The stock traded as high as $151.52 and last traded at $151.49. 6,477,910 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 10,168,689 shares. The stock had previously closed at $148.05.

More Procter & Gamble News

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Procter & Gamble’s long dividend track record remains a key support for the stock, with the company having raised its payout for 70 consecutive years, reinforcing its status as a dependable income name. Article title
• Positive Sentiment: JPMorgan kept an overweight rating on PG while only trimming its price target to $162 from $164, signaling continued upside expectations from current levels. Article title
• Positive Sentiment: Some commentary says PG still screens as undervalued and could benefit from planned cuts to as many as 7,000 non-manufacturing roles, which may improve margins over time. Article title
• Neutral Sentiment: Erste Group slightly lowered its FY2026 and FY2027 earnings estimates, but the changes were minimal and its full-year FY2026 forecast still matches consensus. Article title
• Neutral Sentiment: UBS said consumer-staple companies likely had another “tricky” quarter, which suggests a challenging operating backdrop for PG and peers rather than a company-specific setback. Article title
• Negative Sentiment: The stock is also being pressured by a broader risk-off move and weakness in equities, including a selloff in growth/AI-related names that has pushed some investors back toward defensive stocks like PG. Article title

Analyst Ratings Changes

Several equities research analysts have weighed in on PG shares. BMO Capital Markets increased their price target on shares of Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a research report on Monday, June 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a research note on Monday, April 27th. UBS Group raised their target price on Procter & Gamble from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Royal Bank Of Canada reduced their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a report on Thursday, April 9th. Finally, Evercore set a $162.00 price target on Procter & Gamble in a research report on Monday, April 27th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $161.42.

Procter & Gamble Price Performance

The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average price is $146.80 and its two-hundred day moving average price is $148.54. The stock has a market cap of $348.92 billion, a P/E ratio of 21.91, a price-to-earnings-growth ratio of 7.38 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The company had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. Procter & Gamble’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts expect that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, July 24th. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Hedge Funds Weigh In On Procter & Gamble

A number of institutional investors have recently added to or reduced their stakes in the company. Cary Street Partners Financial LLC lifted its position in Procter & Gamble by 1.1% during the second quarter. Cary Street Partners Financial LLC now owns 104,829 shares of the company’s stock valued at $15,372,000 after buying an additional 1,108 shares during the period. SeaBridge Investment Advisors LLC purchased a new stake in shares of Procter & Gamble in the 2nd quarter worth about $315,000. Advocate Group LLC increased its stake in shares of Procter & Gamble by 0.5% in the 2nd quarter. Advocate Group LLC now owns 64,837 shares of the company’s stock worth $9,508,000 after acquiring an additional 310 shares in the last quarter. Fort Washington Investment Advisors Inc. OH lifted its position in Procter & Gamble by 4.3% during the 2nd quarter. Fort Washington Investment Advisors Inc. OH now owns 793,728 shares of the company’s stock valued at $116,392,000 after acquiring an additional 32,746 shares during the period. Finally, Heartwood Wealth Advisors LLC boosted its stake in Procter & Gamble by 3.7% during the second quarter. Heartwood Wealth Advisors LLC now owns 13,180 shares of the company’s stock worth $1,933,000 after acquiring an additional 470 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.