Procter & Gamble (NYSE:PG) Stock Price Up 1.2% – Here’s What Happened

Procter & Gamble Company (The) (NYSE:PG)’s stock price rose 1.2% during mid-day trading on Thursday . The company traded as high as $159.65 and last traded at $158.6970. Approximately 12,940,018 shares were traded during trading, an increase of 7% from the average daily volume of 12,085,907 shares. The stock had previously closed at $156.87.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. TD Cowen lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating and upped their price objective for the stock from $150.00 to $156.00 in a report on Tuesday, January 27th. Morgan Stanley set a $175.00 price target on Procter & Gamble in a research note on Monday, October 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, December 29th. Bank of America decreased their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company lifted 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 research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $167.00.

Procter & Gamble Stock Up 1.2%

The firm has a market cap of $368.81 billion, a price-to-earnings ratio of 23.51, a P/E/G ratio of 5.16 and a beta of 0.38. The firm’s 50 day moving average price is $145.32 and its two-hundred day moving average price is $150.32. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51.

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

Procter & Gamble Dividend Announcement

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

Insider Buying and Selling at Procter & Gamble

In other news, CEO Ma. Fatima Francisco sold 8,000 shares of Procter & Gamble stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $158.00, for a total value of $1,264,000.00. Following the sale, the chief executive officer owned 6,571 shares of the company’s stock, valued at $1,038,218. The trade was a 54.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Marc S. Pritchard sold 95,903 shares of the business’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $151.15, for a total transaction of $14,495,738.45. Following the transaction, the insider owned 182,607 shares in the company, valued at approximately $27,601,048.05. This trade represents a 34.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 103,904 shares of company stock valued at $15,759,885 in the last 90 days. Company insiders own 0.20% of the company’s stock.

Institutional Investors Weigh In On Procter & Gamble

A number of large investors have recently bought and sold shares of the stock. Norges Bank acquired a new position in Procter & Gamble in the 2nd quarter valued at $5,099,644,000. Laurel Wealth Advisors LLC grew its holdings in Procter & Gamble by 15,971.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock valued at $1,117,270,000 after buying an additional 6,969,110 shares during the period. Vanguard Group Inc. increased its stake in shares of Procter & Gamble by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock valued at $37,155,222,000 after acquiring an additional 3,189,111 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Procter & Gamble by 21.4% during the 2nd quarter. Invesco Ltd. now owns 16,374,499 shares of the company’s stock worth $2,608,785,000 after acquiring an additional 2,880,895 shares during the period. Finally, Assenagon Asset Management S.A. boosted its position in shares of Procter & Gamble by 100.8% in the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock worth $782,607,000 after acquiring an additional 2,741,924 shares during the last quarter. Institutional investors and hedge funds 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.