Procter & Gamble (NYSE:PG) Trading 1.7% Higher – Here’s Why

Procter & Gamble Company (The) (NYSE:PG)’s stock price traded up 1.7% during trading on Tuesday . The stock traded as high as $147.00 and last traded at $146.9580. 12,648,111 shares traded hands during trading, an increase of 8% from the average session volume of 11,764,597 shares. The stock had previously closed at $144.53.

Wall Street Analyst Weigh In

PG has been the subject of several recent analyst reports. Barclays set a $155.00 target price on shares of Procter & Gamble in a research note on Friday. Cowen reissued a “buy” rating on shares of Procter & Gamble in a research note on Thursday, January 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Piper Sandler assumed coverage on Procter & Gamble in a research note on Wednesday, January 7th. They set a “neutral” rating and a $150.00 target price on the stock. Finally, UBS Group reduced their target price on shares of Procter & Gamble from $176.00 to $161.00 and set a “buy” rating on the stock in a report on Wednesday, January 14th. Fifteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $168.36.

Procter & Gamble Stock Performance

The company has a market cap of $343.40 billion, a price-to-earnings ratio of 21.45, a P/E/G ratio of 4.89 and a beta of 0.39. The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average price is $144.70 and its 200 day moving average price is $150.79.

Procter & Gamble (NYSE:PG) last announced 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 business had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.23 billion. During the same period last year, the business posted $1.93 EPS. The company’s revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, analysts expect that Procter & Gamble Company will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Friday, January 23rd will be paid a $1.0568 dividend. The ex-dividend date is Friday, January 23rd. This represents a $4.23 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.61%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, CAO Matthew W. Janzaruk sold 725 shares of the company’s stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total value of $108,438.25. Following the sale, the chief accounting officer directly owned 979 shares in the company, valued at $146,429.03. This represents a 42.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Orca Investment Management LLC grew its stake in shares of Procter & Gamble by 2.0% in the second quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock valued at $516,000 after acquiring an additional 64 shares in the last quarter. Access Financial Services Inc. increased its stake in Procter & Gamble by 0.6% in the second quarter. Access Financial Services Inc. now owns 10,889 shares of the company’s stock valued at $1,735,000 after purchasing an additional 65 shares in the last quarter. Sovereign Financial Group Inc. increased its position in shares of Procter & Gamble by 1.1% during 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 in the last quarter. WP Advisors LLC lifted its position in shares of Procter & Gamble by 4.9% during the 2nd quarter. WP Advisors LLC now owns 1,405 shares of the company’s stock worth $224,000 after buying an additional 66 shares in the last quarter. Finally, LVZ Inc. grew its position in shares of Procter & Gamble by 2.0% during the 2nd quarter. LVZ Inc. now owns 3,409 shares of the company’s stock valued at $543,000 after acquiring an additional 67 shares during the period. 65.77% of the stock is owned by institutional investors and hedge funds.

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.