Brokerages Set Procter & Gamble Company (The) (NYSE:PG) PT at $161.06

Procter & Gamble Company (The) (NYSE:PG) has been given an average rating of “Moderate Buy” by the twenty-one ratings firms that are presently covering the company, Marketbeat reports. Ten research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $160.7778.

A number of research firms recently weighed in on PG. Wells Fargo & Company upped their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Piper Sandler upped their target price on shares of Procter & Gamble from $142.00 to $145.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Raymond James Financial decreased their target price on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. Sanford C. Bernstein began coverage on shares of Procter & Gamble in a report on Thursday. They set a “market perform” rating and a $156.00 target price on the stock. Finally, Rothschild & Co Redburn decreased their target price on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating on the stock in a report on Monday, April 27th.

Procter & Gamble Price Performance

Shares of NYSE:PG opened at $150.40 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $350.21 billion, a PE ratio of 21.99, a P/E/G ratio of 6.51 and a beta of 0.39. Procter & Gamble has a twelve month low of $137.62 and a twelve month high of $167.25. The company has a 50-day moving average price of $144.78 and a two-hundred day moving average price of $147.72.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm had revenue of $21.24 billion during the quarter, compared to analyst estimates of $21.52 billion. During the same quarter last year, the business earned $1.54 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts forecast that Procter & Gamble will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were issued a dividend of $1.0885 per share. This is a boost from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend was Friday, April 24th. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s payout ratio is currently 63.60%.

Institutional Investors Weigh In On Procter & Gamble

Institutional investors and hedge funds have recently bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. raised its stake in Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after purchasing an additional 150 shares in the last quarter. Park Square Financial Group LLC raised its stake in Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after purchasing an additional 71 shares in the last quarter. Evolution Wealth Management Inc. raised its stake in Procter & Gamble by 1,315.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after purchasing an additional 171 shares in the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in Procter & Gamble in the fourth quarter valued at approximately $26,000. Finally, Maseco LLP purchased a new stake in Procter & Gamble in the fourth quarter valued at approximately $28,000. 65.77% of the stock is owned by hedge funds and other institutional investors.

Procter & Gamble Company Profile

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.