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

Procter & Gamble (NYSE:PG)‘s stock had its “hold” rating restated by stock analysts at TD Cowen in a research report issued on Wednesday, Benzinga reports. They currently have a $150.00 target price on the stock. TD Cowen’s target price would indicate a potential upside of 2.96% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Jefferies Financial Group upped their target price on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Sanford C. Bernstein restated a “market perform” rating and set a $149.00 target price on shares of Procter & Gamble in a research report on Monday, August 24th. BMO Capital Markets upped their target price 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. Citigroup reduced 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, September 21st. Thirteen equities research 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $161.55.

Procter & Gamble Stock Performance

Shares of PG stock traded down $2.63 during mid-day trading on Wednesday, reaching $145.69. 4,051,927 shares of the company’s stock traded hands, compared to its average volume of 9,687,326. The firm has a market capitalization of $338.39 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 3.70 and a beta of 0.39. 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 50 day moving average price of $145.91 and a two-hundred day moving average price of $146.14. Procter & Gamble has a 12 month low of $137.62 and a 12 month high of $167.25.

Procter & Gamble (NYSE:PG) last issued its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The company had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. During the same quarter in the prior year, the firm posted $1.48 EPS. Procter & Gamble’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. On average, research analysts forecast that Procter & Gamble will post 6.99 EPS for the current year.

Insider Activity

In other news, CAO Matthew W. Janzaruk sold 359 shares of the stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $145.24, for a total transaction of $52,141.16. Following the transaction, the chief accounting officer directly owned 1,271 shares in the company, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Susan Whaley sold 2,238 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total transaction of $321,802.02. Following the transaction, the insider owned 26,989 shares in the company, valued at approximately $3,880,748.31. This represents a 7.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 6,627 shares of company stock worth $953,417. Corporate insiders own 0.23% of the company’s stock.

Institutional Investors Weigh In On Procter & Gamble

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

Key Stories Impacting Procter & Gamble

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.