Procter & Gamble (NYSE:PG) Shares Climb 1.6% - What's Next?

Key Points

• Procter & Gamble shares rose 1.6% to about $148.34 on above-average trading volume, while analyst sentiment remained favorable with a “Moderate Buy” consensus and an average price target of $161.70.
• Evercore ISI upgraded PG and set a $166 price target, adding to the bullish outlook; the company is also recognized for its 70-year streak of dividend increases and currently offers a roughly 2.9% yield.
• Near-term upside may be constrained by expectations for a single-digit year-over-year earnings decline in the upcoming quarter, increasing investor focus on pricing, sales volumes and management guidance.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) traded up 1.6% during trading on Tuesday. The company traded as high as $149.68 and last traded at $148.3430. Approximately 11,232,239 shares traded hands during trading, an increase of 16% from the average session volume of 9,676,904 shares. The stock had previously closed at $145.94.

Trending Headlines about Procter & Gamble

Here are the key news stories impacting Procter & Gamble this week:

• Positive Sentiment: Evercore ISI upgraded PG and raised its price target to $166, adding to the bullish analyst outlook. Royal Bank of Canada also maintained an “outperform” rating, implying roughly 11.9% potential upside from the referenced price despite trimming its target modestly to $166 from $167. Evercore ISI upgrades Procter & Gamble and raises price target Royal Bank of Canada cuts Procter & Gamble price target
• Positive Sentiment: Investor-focused coverage continues to highlight Procter & Gamble’s 70-year record of dividend increases, reinforcing its reputation as a reliable income and defensive consumer-staples holding. Procter & Gamble dividend reliability article
• Neutral Sentiment: Procter & Gamble will webcast its 2026 virtual annual shareholder meeting on October 13, providing a possible venue for updates on strategy, capital allocation and business trends. Procter & Gamble 2026 virtual annual meeting
• Neutral Sentiment: Recent commentary compares PG with other household-products companies and frames it as a relatively defensive, dividend-oriented performer, though the articles provide limited new company-specific operating information. Procter & Gamble versus household-products stocks
• Negative Sentiment: Investors are preparing for Procter & Gamble’s first-quarter results later this month, with analysts anticipating a single-digit year-over-year decline in earnings. That expectation could limit near-term upside and increase focus on pricing, volume and guidance. Procter & Gamble earnings preview

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Citigroup lowered their price target on shares of Procter & Gamble from $181.00 to $170.00 and set a "buy" rating on the stock in a report on Thursday, July 30th. BMO Capital Markets upped their price objective on shares of Procter & Gamble from $169.00 to $170.00 and gave the stock an "outperform" rating in a research report on Monday, June 29th. Argus cut Procter & Gamble from a "buy" rating to a "hold" rating in a research report on Friday, August 7th. Jefferies Financial Group lifted their price target on Procter & Gamble from $177.00 to $179.00 and gave the company a "buy" rating in a research note on Friday, June 26th. Finally, Barclays increased their price target on Procter & Gamble from $146.00 to $152.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 21st. Fourteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, Procter & Gamble has an average rating of "Moderate Buy" and a consensus target price of $161.70.

Procter & Gamble Stock Up 1.6%

The firm has a market cap of $344.55 billion, a PE ratio of 22.41, a PEG ratio of 3.60 and a beta of 0.39. The business's 50 day moving average price is $145.67 and its 200 day moving average price is $145.97. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.47.

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

Procter & Gamble Announces Dividend

The company also recently declared 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 dividend yield of 2.9%. The ex-dividend date was Friday, July 24th. Procter & Gamble's payout ratio is presently 65.71%.

Insider Buying and Selling

In other Procter & Gamble news, CAO Matthew Janzaruk sold 359 shares of Procter & Gamble stock in a transaction on Monday, August 24th. The shares were sold at an average price of $145.24, for a total transaction of $52,141.16. Following the sale, the chief accounting officer owned 1,271 shares of the company's stock, valued at $184,600.04. The trade was a 22.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Paul Gama sold 2,225 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $145.34, for a total transaction of $323,381.50. Following the completion of the sale, the chief executive officer owned 51,124 shares of the company's stock, valued at $7,430,362.16. This trade represents a 4.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 15,135 shares of company stock worth $2,189,970 in the last ninety days. Company insiders own 0.23% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Procter & Gamble in the 2nd quarter worth $27,862,105,000. State Street Corp grew its holdings in shares of Procter & Gamble by 1.0% in the second quarter. State Street Corp now owns 102,216,308 shares of the company's stock valued at $14,988,999,000 after purchasing an additional 965,461 shares during the period. Bank of America Corp DE acquired a new position in Procter & Gamble in the 2nd quarter valued at about $3,850,628,000. Franklin Resources Inc. boosted its holdings in Procter & Gamble by 4.5% in the 4th quarter. Franklin Resources Inc. now owns 23,872,178 shares of the company's stock valued at $3,421,122,000 after purchasing an additional 1,021,833 shares during the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Procter & Gamble in the 2nd quarter valued at approximately $2,281,505,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Procter & Gamble Company Profile

The Procter & Gamble Company NYSE: PG is a consumer products company that develops, manufactures and markets branded products used in households and personal care routines. Its portfolio includes products in categories such as beauty, grooming, health care, fabric and home care, and family care.

Major brands associated with Procter & Gamble include Pampers, Tide, Gillette, Head & Shoulders, Pantene, Oral-B, Crest, Olay, Old Spice, Febreze, Mr. Clean, Swiffer and Bounty. The company sells its products through retailers, e-commerce platforms and other distribution channels.

Founded in Cincinnati, Ohio, in 1837 by William Procter and James Gamble, the company has grown into a global consumer goods business serving customers in markets around the world.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.