Procter & Gamble Company (The) (NYSE:PG – Get Free Report) dropped 1.6% during mid-day trading on Thursday after Citigroup lowered their price target on the stock from $181.00 to $170.00. Citigroup currently has a buy rating on the stock. Procter & Gamble traded as low as $142.25 and last traded at $143.8050. Approximately 9,384,714 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 10,048,500 shares. The stock had previously closed at $146.10.
Other equities analysts have also recently issued reports about the company. Raymond James Financial decreased their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a report on Tuesday, April 14th. HSBC reaffirmed a “hold” rating and set a $149.00 target price (down from $182.00) on shares of Procter & Gamble in a report on Thursday. Morgan Stanley decreased their price target on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. BMO Capital Markets lifted their price target on Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research note on Monday, June 29th. Finally, Jefferies Financial Group boosted their price objective on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Thirteen analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $161.52.
Check Out Our Latest Report on Procter & Gamble
More Procter & Gamble News
- Positive Sentiment: Procter & Gamble reported fiscal fourth-quarter adjusted EPS of $1.43, topping the $1.41 analyst consensus. Productivity savings helped offset higher costs, and management highlighted strong e-commerce performance and efforts to regain market share. Procter & Gamble Q4 Earnings Beat on Productivity, Sales Miss Estimates
- Positive Sentiment: Citigroup lowered its price target on PG to $170 from $181 but maintained a Buy rating, implying substantial potential upside from recent trading levels. Jefferies also reiterated Buy, with a slightly reduced $177 target. Citigroup Price Target Update Jefferies Adjusts Price Target on Procter & Gamble
- Neutral Sentiment: RBC described the fiscal 2027 guidance as prudent, while management said it is pursuing consumer recovery through innovation, productivity initiatives and market-share gains. The EPS range of $6.89 to $7.11 brackets consensus, but the revenue outlook is below expectations. RBC Assessment of Procter & Gamble Fiscal 2027 Guidance
- Neutral Sentiment: Shailesh Jejurikar will become chairman of P&G’s board on August 1, while Jon Moeller is retiring from the board and company later in August. The leadership transition adds a potential execution focus but was not identified as the primary trading catalyst. Shailesh Jejurikar Appointed Chairman
- Negative Sentiment: Quarterly revenue of $21.20 billion rose 1.5% year over year but missed the $21.38 billion consensus. Organic sales were essentially flat, with unchanged volume reflecting weaker demand in areas such as grooming and oral care.
- Negative Sentiment: Fiscal 2027 revenue guidance of $85.1 billion to $86.8 billion is well below the roughly $89.5 billion analyst estimate. Management cited cautious consumer spending, gas-price pressure, promotions, smaller pack sizes, inflation, tariffs and a difficult geopolitical environment. P&G Forecasts Muted 2027 as Consumer Spending Tightens
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank purchased a new stake in Procter & Gamble in the 4th quarter worth about $4,664,783,000. Cardano Risk Management B.V. increased its holdings in shares of Procter & Gamble by 1,104.8% in the 4th quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock valued at $1,364,518,000 after purchasing an additional 8,731,126 shares during the period. Auto Owners Insurance Co increased its holdings in shares of Procter & Gamble by 14,231.0% in the 4th quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company’s stock valued at $508,700,000 after purchasing an additional 3,524,876 shares during the period. Vanguard Group Inc. lifted its position in shares of Procter & Gamble by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock worth $34,030,358,000 after purchasing an additional 2,829,151 shares in the last quarter. Finally, Amundi increased its stake in Procter & Gamble by 26.3% in the 3rd quarter. Amundi now owns 10,682,455 shares of the company’s stock valued at $1,606,748,000 after buying an additional 2,222,560 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Procter & Gamble Trading Down 1.6%
The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The stock has a market cap of $334.86 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 7.41 and a beta of 0.39. The company’s 50 day simple moving average is $147.70 and its two-hundred day simple moving average is $148.94.
Procter & Gamble (NYSE:PG – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.38 billion. During the same quarter last year, the business posted $1.48 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Research analysts expect that Procter & Gamble Company will post 6.88 EPS for the current fiscal year.
Procter & Gamble Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be given a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.
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.
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