Procter & Gamble (NYSE:PG) Shares Down 1.5% - Time to Sell?

Key Points

• Procter & Gamble shares fell 1.5% on Thursday, trading around $146.94 after hitting an intraday low of $145.59, with volume below average.
• Analyst sentiment remains constructive overall: PG has a “Moderate Buy” consensus rating and an average price target of $161.74, though recent target changes were mixed.
• The company’s latest quarter showed EPS of $1.59, above estimates, while revenue came in slightly below expectations; P&G also announced a quarterly dividend of $1.0885 per share, yielding about 3.0% annually.

Procter & Gamble Company (The) (NYSE:PG - Get Free Report) traded down 1.5% on Thursday . The company traded as low as $145.59 and last traded at $146.9390. Approximately 6,493,066 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 10,043,142 shares. The stock had previously closed at $149.13.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on PG shares. UBS Group lifted their price target on Procter & Gamble from $166.00 to $172.00 and gave the company a "buy" rating in a research report on Monday, April 27th. JPMorgan Chase & Co. reduced their price objective on Procter & Gamble from $164.00 to $162.00 and set an "overweight" rating on the stock in a research report on Thursday, July 16th. Rothschild & Co Redburn dropped their target price on Procter & Gamble from $157.00 to $155.00 and set a "neutral" rating for the company in a research report on Monday, April 27th. TD Cowen upped their target price on Procter & Gamble from $142.00 to $150.00 and gave the stock a "hold" rating in a research note on Monday, April 27th. Finally, Evercore set a $162.00 price target on shares of Procter & Gamble in a research report on Monday, April 27th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $161.74.

Procter & Gamble Price Performance

The firm has a market cap of $342.16 billion, a PE ratio of 21.48, a price-to-earnings-growth ratio of 7.37 and a beta of 0.39. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. The firm has a 50-day simple moving average of $147.13 and a 200 day simple moving average of $148.67.

Procter & Gamble (NYSE:PG - Get Free Report) last released 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 $21.23 billion for the quarter, compared to the consensus estimate of $21.52 billion. During the same period in the prior year, the firm earned $1.54 EPS. The company's revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, equities analysts expect that Procter & Gamble Company will post 6.88 EPS for the current year.

Procter & Gamble Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be issued a dividend of $1.0885 per share. This represents a $4.35 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, July 24th. Procter & Gamble's dividend payout ratio (DPR) is presently 63.60%.

Institutional Trading of Procter & Gamble

Several hedge funds and other institutional investors have recently made changes to their positions in PG. Carson Advisory Inc. lifted its position in Procter & Gamble by 0.5% during the fourth quarter. Carson Advisory Inc. now owns 12,124 shares of the company's stock worth $1,738,000 after buying an additional 65 shares during the period. Trilogy Capital Inc. lifted its stake in shares of Procter & Gamble by 1.1% in the fourth quarter. Trilogy Capital Inc. now owns 6,289 shares of the company's stock worth $901,000 after acquiring an additional 67 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in Procter & Gamble by 1.8% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company's stock valued at $549,000 after acquiring an additional 67 shares in the last quarter. Lorne Steinberg Wealth Management Inc. lifted its holdings in Procter & Gamble by 2.7% during the 4th quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company's stock worth $376,000 after buying an additional 68 shares during the last quarter. Finally, Grant Street Asset Management Inc. boosted its holdings in shares of Procter & Gamble by 2.7% in the 4th quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company's stock valued at $376,000 after buying an additional 69 shares during the period. Hedge funds and other institutional investors own 65.77% of the company's stock.

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.

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