Procter & Gamble (NYSE:PG) Stock Price Down 2.6% – Here’s Why

Procter & Gamble Company (The) (NYSE:PG)’s share price traded down 2.6% on Friday. The company traded as low as $160.64 and last traded at $161.2070. Approximately 9,771,503 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 9,752,110 shares. The stock had previously closed at $165.59.

Procter & Gamble News Roundup

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

• Positive Sentiment: Multiple analysts raised targets and maintained bullish ratings. UBS lifted its target to $190 and retained a Buy rating, while Citigroup raised its target to $187, BNP Paribas Exane to $189, and JPMorgan to $180. Freedom Broker also upgraded PG from Hold to Buy with a $176 target. These revisions suggest analysts believe the earnings improvement and resilient demand can support further gains.
• Positive Sentiment: Fiscal Q1 results exceeded expectations. Adjusted EPS was $2.00 versus the $1.89 consensus, while revenue increased 4% year over year to $23.28 billion, topping estimates of approximately $22.80 billion. Organic sales also grew 4%, with volume contributing 2.4 percentage points. Procter & Gamble earnings beat as sales rise 4%
• Positive Sentiment: Demand and operating trends remain encouraging. Stronger volumes, favorable product mix, productivity savings, and resilient laundry and home-product sales supported the quarter. Investors also continue to value PG’s defensive business mix and 70-year record of dividend increases. P&G dividend history
• Neutral Sentiment: Fiscal 2027 guidance was mixed. The company raised its all-in sales-growth outlook, partly reflecting the Thorne acquisition, but projected revenue of $86.0 billion to $87.7 billion remains below the roughly $88.8 billion consensus. EPS guidance of $6.89 to $7.11 brackets expectations of $6.98.
• Negative Sentiment: Commodity and energy inflation remain the main risks. Higher oil, raw-material, transportation, and energy costs are expected to create an estimated $1.4 billion headwind and pressure margins. TD Cowen raised its target to $166 but kept a Hold rating, warning that cost inflation could limit the recovery. P&G commodity cost outlook

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, September 21st. TD Cowen increased their price target on Procter & Gamble from $150.00 to $166.00 and gave the stock a “hold” rating in a research report on Friday. BNP Paribas Exane raised their price objective on Procter & Gamble from $177.00 to $189.00 and gave the company an “outperform” rating in a report on Friday. Royal Bank Of Canada set a $169.00 price objective on Procter & Gamble in a research report on Friday. Finally, Evercore upgraded Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price objective for the company in a research report on Tuesday, October 6th. Fifteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $168.90.

Procter & Gamble Trading Down 2.6%

The company has a debt-to-equity ratio of 0.40, a current ratio of 0.72 and a quick ratio of 0.47. The firm has a market capitalization of $374.43 billion, a PE ratio of 24.28, a P/E/G ratio of 4.00 and a beta of 0.39. The company’s fifty day simple moving average is $148.41 and its 200-day simple moving average is $147.09.

Procter & Gamble (NYSE:PG) last announced its earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.11. The business had revenue of $23.28 billion for the quarter, compared to analyst estimates of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 30.91%. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.99 earnings per share. As a group, sell-side analysts expect that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be paid a $1.0885 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $4.35 dividend on an annualized basis and a yield of 2.7%. Procter & Gamble’s dividend payout ratio (DPR) is currently 65.71%.

Insider Buying and Selling

In other Procter & Gamble news, CEO Paul Gama sold 2,225 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $145.34, for a total transaction of $323,381.50. Following the completion of the sale, the chief executive officer directly owned 51,124 shares in the company, valued at approximately $7,430,362.16. The trade was a 4.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Susan Whaley sold 2,369 shares of the stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $145.34, for a total value of $344,310.46. Following the transaction, the insider directly owned 30,730 shares of the company’s stock, valued at $4,466,298.20. The trade was a 7.16% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 15,135 shares of company stock worth $2,189,970 in the last quarter. 0.23% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Procter & Gamble during the 2nd quarter valued at about $27,862,105,000. Bank of America Corp DE acquired a new stake in Procter & Gamble in the 2nd quarter valued at about $3,850,628,000. Bank of New York Mellon Corp purchased a new position in Procter & Gamble in the 2nd quarter worth approximately $2,281,505,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Procter & Gamble in the 2nd quarter worth approximately $1,480,650,000. Finally, Corient Private Wealth LP acquired a new position in shares of Procter & Gamble during the 2nd quarter worth approximately $335,908,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble Company Profile

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.