Procter & Gamble (NYSE:PG) Hits New 1-Year Low – Here’s Why

Procter & Gamble Company (The) (NYSE:PG)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $142.51 and last traded at $144.0680, with a volume of 2406255 shares trading hands. The stock had previously closed at $147.44.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on PG. Bank of America decreased their price objective on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating for the company in a report on Wednesday, October 8th. BNP Paribas Exane dropped their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 23rd. Barclays cut their price objective on shares of Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, November 19th. Finally, JPMorgan Chase & Co. raised their price objective on Procter & Gamble from $163.00 to $165.00 and gave the company a “neutral” rating in a research report on Monday, October 27th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $171.53.

Procter & Gamble Stock Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.51 and a current ratio of 0.71. The firm’s 50 day simple moving average is $149.67 and its 200 day simple moving average is $155.63. The firm has a market capitalization of $334.60 billion, a price-to-earnings ratio of 20.90, a PEG ratio of 3.87 and a beta of 0.36.

Procter & Gamble (NYSE:PG) last posted its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.23 billion. During the same period in the previous year, the firm posted $1.93 earnings per share. The firm’s quarterly 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. Sell-side analysts forecast that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were issued a $1.0568 dividend. The ex-dividend date was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is presently 61.61%.

Insider Transactions at Procter & Gamble

In other news, CFO Andre Schulten sold 4,252 shares of Procter & Gamble stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $647,281.96. Following the sale, the chief financial officer owned 53,992 shares of the company’s stock, valued at approximately $8,219,202.16. The trade was a 7.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Shailesh Jejurikar sold 3,986 shares of the firm’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total value of $606,788.78. Following the sale, the chief operating officer directly owned 46,899 shares of the company’s stock, valued at approximately $7,139,434.77. This trade represents a 7.83% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 30,308 shares of company stock valued at $4,611,852. Company insiders own 0.20% of the company’s stock.

Hedge Funds Weigh In On Procter & Gamble

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC grew its position in Procter & Gamble by 51.5% in the 4th quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock valued at $6,717,000 after acquiring an additional 13,617 shares in the last quarter. Taylor Financial Group Inc. lifted its holdings in Procter & Gamble by 10.6% during the 1st quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock worth $493,000 after buying an additional 277 shares in the last quarter. Cheviot Value Management LLC acquired a new position in shares of Procter & Gamble in the first quarter worth $99,000. Capstone Financial Advisors Inc. raised its stake in shares of Procter & Gamble by 9.5% in the first quarter. Capstone Financial Advisors Inc. now owns 4,135 shares of the company’s stock valued at $705,000 after acquiring an additional 360 shares in the last quarter. Finally, Seelaus Asset Management LLC boosted its holdings in Procter & Gamble by 2.2% in the first quarter. Seelaus Asset Management LLC now owns 5,187 shares of the company’s stock valued at $884,000 after purchasing an additional 111 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.