Procter & Gamble (NYSE:PG) Trading Up 1.7% – Should You Buy?

Shares of Procter & Gamble Company (The) (NYSE:PG) traded up 1.7% on Wednesday . The stock traded as high as $148.45 and last traded at $147.7060. 9,559,477 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 8,231,306 shares. The stock had previously closed at $145.21.

Wall Street Analyst Weigh In

Several research analysts have issued reports on PG shares. Morgan Stanley set a $175.00 target price on shares of Procter & Gamble in a report on Monday, October 27th. Barclays dropped their price objective on shares of Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Monday, December 8th. Wells Fargo & Company cut their price objective on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating on the stock in a report on Thursday, September 25th. Berenberg Bank upped their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. Finally, Dbs Bank upgraded Procter & Gamble to a “hold” rating in a report on Friday, December 5th. Thirteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $171.38.

Procter & Gamble Stock Down 0.8%

The company’s fifty day simple moving average is $147.32 and its 200-day simple moving average is $153.56. The firm has a market capitalization of $337.41 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 4.89 and a beta of 0.39. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.71 and a quick ratio of 0.51.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, October 24th. The company reported $1.99 EPS for the quarter, beating the consensus estimate of $1.90 by $0.09. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. During the same quarter in the prior year, the business posted $1.93 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, analysts forecast that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Friday, October 24th were paid a dividend of $1.0568 per share. The ex-dividend date was Friday, October 24th. This represents a $4.23 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is presently 61.75%.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, CEO Gary A. Coombe sold 3,535 shares of the firm’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the transaction, the chief executive officer owned 34,816 shares of the company’s stock, valued at approximately $5,300,039.68. This trade represents a 9.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Andre Schulten sold 4,252 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was 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 $8,219,202.16. The trade was a 7.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 30,308 shares of company stock worth $4,611,852 over the last ninety days. 0.20% of the stock is currently owned by insiders.

Institutional Trading of Procter & Gamble

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PG. Halbert Hargrove Global Advisors LLC purchased a new stake in Procter & Gamble in the third quarter valued at approximately $25,000. Nova Wealth Management Inc. acquired a new stake in Procter & Gamble during the 1st quarter valued at approximately $26,000. Signature Resources Capital Management LLC boosted its holdings in shares of Procter & Gamble by 67.9% in the 2nd quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after acquiring an additional 72 shares during the last quarter. Saranac Partners Ltd acquired a new stake in shares of Procter & Gamble in the third quarter worth $30,000. Finally, Corundum Trust Company INC purchased a new position in shares of Procter & Gamble during the third quarter worth $32,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

About Procter & Gamble

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.