Procter & Gamble Company (The) (NYSE:PG) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• Procter & Gamble has a “Moderate Buy” consensus rating from 24 brokerages, with 13 buys and 11 holds. The average 12-month price target is $161.19.
• P&G reported quarterly earnings of $1.43 per share, exceeding analyst expectations of $1.41, while revenue rose 1.5% year over year to $21.20 billion but fell short of estimates.
• The company maintains a quarterly dividend of $1.0885 per share, equivalent to an annualized $4.35 payout and a 3.0% yield. Shares recently traded at $146.61, near their 50- and 200-day moving averages.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twenty-four brokerages that are presently covering the firm, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $161.1905.

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $163.00 price objective on shares of Procter & Gamble in a research note on Monday, April 27th. Jefferies Financial Group boosted their price target on Procter & Gamble from $177.00 to $179.00 and gave the stock a "buy" rating in a research report on Friday, June 26th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Procter & Gamble in a research report on Wednesday, August 19th. Sanford C. Bernstein reissued a "market perform" rating and issued a $149.00 target price on shares of Procter & Gamble in a report on Monday. Finally, UBS Group raised their price target on Procter & Gamble from $166.00 to $172.00 and gave the company a "buy" rating in a report on Monday, April 27th.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Marc S. Pritchard sold 4,030 shares of Procter & Gamble stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $579,473.70. Following the completion of the transaction, the insider directly owned 187,001 shares of the company's stock, valued at approximately $26,888,873.79. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the company's stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $145.24, for a total transaction of $52,141.16. Following the completion of the transaction, the chief accounting officer owned 1,271 shares in the company, valued at approximately $184,600.04. This represents a 22.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 6,627 shares of company stock worth $953,417. 0.20% of the stock is owned by corporate insiders.

Institutional Trading of Procter & Gamble

Several institutional investors have recently added to or reduced their stakes in the business. E Fund Management Hong Kong Co. Ltd. increased its holdings in Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company's stock worth $25,000 after buying an additional 150 shares in the last quarter. Park Square Financial Group LLC lifted its stake in Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company's stock valued at $26,000 after acquiring an additional 71 shares during the period. Evolution Wealth Management Inc. boosted its holdings in shares of Procter & Gamble by 1,315.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company's stock valued at $26,000 after acquiring an additional 171 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Procter & Gamble during the 2nd quarter valued at about $26,000. Finally, Litman Gregory Wealth Management LLC bought a new stake in shares of Procter & Gamble in the fourth quarter worth approximately $26,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

Procter & Gamble Trading Up 1.3%

PG opened at $146.61 on Tuesday. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. Procter & Gamble has a 52 week low of $137.62 and a 52 week high of $167.25. The stock has a market cap of $340.78 billion, a PE ratio of 22.15, a PEG ratio of 4.46 and a beta of 0.39. The business has a 50 day moving average of $147.66 and a 200-day moving average of $148.60.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.02. The company had revenue of $21.20 billion for the quarter, compared to analysts' expectations of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The firm's revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.48 earnings per share. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Equities research analysts predict that Procter & Gamble will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 24th were given a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Friday, July 24th. Procter & Gamble's dividend payout ratio is 65.71%.

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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