Procter & Gamble Target of Unusually High Options Trading (NYSE:PG)

Procter & Gamble Company (The) (NYSE:PG) saw some unusual options trading on Wednesday. Traders acquired 69,270 put options on the company. This is an increase of approximately 180% compared to the typical daily volume of 24,730 put options.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 3,535 shares of the company’s stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Shailesh Jejurikar sold 3,986 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $606,788.78. Following the sale, the chief operating officer directly owned 46,899 shares in the company, valued at approximately $7,139,434.77. This represents a 7.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 30,308 shares of company stock worth $4,611,852. Insiders own 0.20% of the company’s stock.

Institutional Investors Weigh In On Procter & Gamble

Several institutional investors have recently bought and sold shares of the stock. Nova Wealth Management Inc. purchased a new stake in shares of Procter & Gamble in the first quarter worth approximately $26,000. Halbert Hargrove Global Advisors LLC purchased a new stake in Procter & Gamble in the 3rd quarter worth approximately $25,000. Signature Resources Capital Management LLC grew its holdings in shares of Procter & Gamble by 67.9% during the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares in the last quarter. Quarry LP acquired a new position in shares of Procter & Gamble in the first quarter worth $33,000. Finally, Saranac Partners Ltd acquired a new stake in Procter & Gamble during the third quarter valued at $30,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.5%

Shares of NYSE PG traded down $0.72 during midday trading on Wednesday, hitting $143.33. The stock had a trading volume of 5,240,469 shares, compared to its average volume of 10,222,850. The company has a fifty day moving average price of $146.33 and a 200 day moving average price of $152.40. Procter & Gamble has a 1-year low of $138.14 and a 1-year high of $179.99. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $334.92 billion, a price-to-earnings ratio of 20.92, a PEG ratio of 4.85 and a beta of 0.39.

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

Procter & Gamble Announces Dividend

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

Analyst Upgrades and Downgrades

PG has been the topic of a number of recent research reports. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and increased their price target for the stock from $156.00 to $179.00 in a research report on Tuesday, December 16th. BNP Paribas Exane reduced their price target on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Wells Fargo & Company cut their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Deutsche Bank Aktiengesellschaft dropped their price target on Procter & Gamble from $176.00 to $171.00 and set a “buy” rating for the company in a research report on Monday, December 8th. Finally, Raymond James Financial decreased their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating on the stock in a research report on Monday, October 20th. Thirteen investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average price target of $171.38.

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.