Procter & Gamble’s (PG) Hold Rating Reaffirmed at TD Cowen

Procter & Gamble (NYSE:PG)‘s stock had its “hold” rating reiterated by research analysts at TD Cowen in a research report issued on Wednesday, Benzinga reports. They currently have a $150.00 price objective on the stock. TD Cowen’s price target suggests a potential upside of 2.71% from the stock’s previous close.

A number of other research firms have also recently issued reports on PG. Citigroup decreased their price objective on shares of Procter & Gamble from $181.00 to $170.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. JPMorgan Chase & Co. reduced their price target on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating on the stock in a report on Thursday, July 16th. Argus lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. BMO Capital Markets lifted their price objective on Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. Finally, Jefferies Financial Group raised their price target on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Thirteen research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $161.55.

Procter & Gamble Trading Down 1.5%

PG traded down $2.28 on Wednesday, hitting $146.04. 3,476,416 shares of the company were exchanged, compared to its average volume of 9,685,762. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68. The firm has a fifty day simple moving average of $145.91 and a two-hundred day simple moving average of $146.14. The stock has a market capitalization of $339.21 billion, a PE ratio of 22.07, a price-to-earnings-growth ratio of 3.70 and a beta of 0.39. Procter & Gamble has a 12 month low of $137.62 and a 12 month high of $167.25.

Procter & Gamble (NYSE:PG) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The firm had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter in the prior year, the firm posted $1.48 earnings per share. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Sell-side analysts expect that Procter & Gamble will post 6.99 earnings per share for the current year.

Insider Activity

In other Procter & Gamble news, insider Marc S. Pritchard sold 4,030 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $579,473.70. Following the sale, the insider owned 187,001 shares in the company, valued at approximately $26,888,873.79. This represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $145.24, for a total value of $52,141.16. Following the transaction, the chief accounting officer directly owned 1,271 shares of the company’s stock, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 6,627 shares of company stock worth $953,417. Corporate insiders own 0.23% of the company’s stock.

Hedge Funds Weigh In On Procter & Gamble

Hedge funds have recently bought and sold shares of the company. Greenwich Wealth Management LLC boosted its position in shares of Procter & Gamble by 5.4% during the second quarter. Greenwich Wealth Management LLC now owns 6,786 shares of the company’s stock valued at $995,000 after buying an additional 350 shares during the last quarter. QRG Capital Management Inc. lifted its stake in Procter & Gamble by 8.2% during the 2nd quarter. QRG Capital Management Inc. now owns 370,300 shares of the company’s stock valued at $54,301,000 after acquiring an additional 28,048 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in Procter & Gamble by 18.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 175,489 shares of the company’s stock valued at $25,724,000 after acquiring an additional 26,959 shares during the period. State Street Corp boosted its holdings in shares of Procter & Gamble by 1.0% during the 2nd quarter. State Street Corp now owns 102,216,308 shares of the company’s stock valued at $14,988,999,000 after acquiring an additional 965,461 shares during the last quarter. Finally, Security National Bank of Sioux City Iowa IA bought a new stake in shares of Procter & Gamble in the second quarter worth approximately $177,000. Institutional investors own 65.77% of the company’s stock.

Procter & Gamble News Summary

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

• Positive Sentiment: P&G’s long record of uninterrupted dividend payments and decades of dividend increases reinforces its appeal to income-oriented and defensive investors. How Long Has Procter & Gamble Been Paying Its Cash Distribution?
• Positive Sentiment: Pantene launched a new Cream to Mist hair product co-created with a certified trichologist and social-media influencer. The product reflects consumer-driven innovation, although the financial impact is likely to be modest initially. Procter & Gamble Launches Its First Trichologist Co-Created Hair Product
• Neutral Sentiment: TD Cowen reaffirmed its “hold” rating while setting a $150 price target, implying only modest upside from recent levels. The stance suggests analysts see balanced risk and reward rather than a compelling near-term re-rating. TD Cowen Reaffirms Hold Rating on Procter & Gamble
• Neutral Sentiment: P&G was identified as a heavily watched stock on Zacks, which may increase investor attention but does not represent a fundamental change in earnings or guidance. Procter & Gamble Is a Trending Stock
• Negative Sentiment: Industry commentary highlighted rising material and freight costs, while P&G discussed its supply-chain modernization efforts. Investors may remain concerned that inflationary input and logistics pressures could weigh on margins if they are not fully offset by pricing or productivity gains. CPGs Discuss Automation, Sourcing and Logistics Risks

Procter & Gamble Company Profile

The Procter & Gamble Company (NYSE: PG) is a consumer products company that develops, manufactures and markets branded products used in households and personal care routines. Its portfolio includes products in categories such as beauty, grooming, health care, fabric and home care, and family care.

Major brands associated with Procter & Gamble include Pampers, Tide, Gillette, Head & Shoulders, Pantene, Oral-B, Crest, Olay, Old Spice, Febreze, Mr. Clean, Swiffer and Bounty. The company sells its products through retailers, e-commerce platforms and other distribution channels.

Founded in Cincinnati, Ohio, in 1837 by William Procter and James Gamble, the company has grown into a global consumer goods business serving customers in markets around the world.