Procter & Gamble (NYSE:PG) Sets New 52-Week Low After Analyst Downgrade

Key Points

• Procter & Gamble hit a new 52-week low after Deutsche Bank trimmed its price target from $176 to $171 while keeping a buy rating; PG traded as low as $139.68 and was down roughly 2.6% on the move.
• Analysts remain broadly positive with a consensus "Moderate Buy" (13 Buys, 9 Holds) and an average price target of $171.40, though several firms have recently lowered targets slightly.
• Insider selling has increased: executives including the CAO and CEO reduced holdings and insiders sold 30,308 shares worth $4.61M in the last 90 days, while institutional investors hold about 65.77% of the stock.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) shares hit a new 52-week low during trading on Monday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from $176.00 to $171.00. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Procter & Gamble traded as low as $139.68 and last traded at $139.6920, with a volume of 2217742 shares. The stock had previously closed at $143.45.

PG has been the subject of several other reports. Dbs Bank raised Procter & Gamble to a "moderate buy" rating in a research note on Tuesday, October 28th. UBS Group decreased their target price on Procter & Gamble from $180.00 to $176.00 and set a "buy" rating for the company in a research note on Wednesday, October 8th. BNP Paribas Exane cut their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an "outperform" rating for the company in a research note on Tuesday, September 23rd. Bank of America decreased their price target on shares of Procter & Gamble from $180.00 to $174.00 and set a "buy" rating on the stock in a research report on Wednesday, October 8th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Procter & Gamble in a research report on Monday, December 1st. Thirteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $171.40.

Insider Buying and Selling at Procter & Gamble

In related news, CAO Matthew W. Janzaruk sold 725 shares of Procter & Gamble stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the completion of the transaction, the chief accounting officer owned 979 shares in the company, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jennifer L. Davis sold 3,227 shares of the business'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 $491,246.21. Following the completion of the sale, the chief executive officer owned 61,764 shares of the company's stock, valued at $9,402,333.72. This trade represents a 4.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,308 shares of company stock valued at $4,611,852 in the last ninety days. Insiders own 0.20% of the company's stock.

Hedge Funds Weigh In On Procter & Gamble

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Saranac Partners Ltd acquired a new stake in Procter & Gamble in the 3rd quarter valued at $30,000. Strategic Investment Solutions Inc. IL boosted its position in shares of Procter & Gamble by 3.0% during the third quarter. Strategic Investment Solutions Inc. IL now owns 10,976 shares of the company's stock valued at $1,686,000 after buying an additional 317 shares during the last quarter. Swiss Life Asset Management Ltd grew its holdings in Procter & Gamble by 7.7% during the third quarter. Swiss Life Asset Management Ltd now owns 646,288 shares of the company's stock worth $99,302,000 after buying an additional 45,989 shares in the last quarter. Innova Wealth Partners grew its stake in shares of Procter & Gamble by 24.1% in the 3rd quarter. Innova Wealth Partners now owns 5,414 shares of the company's stock worth $832,000 after acquiring an additional 1,051 shares in the last quarter. Finally, Stillwater Wealth Management Group bought a new position in shares of Procter & Gamble during the third quarter valued at about $306,000. Institutional investors and hedge funds own 65.77% of the company's stock.

Procter & Gamble Stock Down 2.6%

The company has a current ratio of 0.71, a quick ratio of 0.51 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $326.36 billion, a P/E ratio of 20.38, a P/E/G ratio of 4.33 and a beta of 0.39. The stock's 50-day simple moving average is $149.10 and its 200-day simple moving average is $155.08.

Procter & Gamble (NYSE:PG - Get Free Report) last posted its quarterly earnings results on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.09. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, research analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement

The business also recently disclosed 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. This represents a $4.23 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, October 24th. Procter & Gamble's dividend payout ratio is 61.75%.

Procter & Gamble Company Profile

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.

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