Procter & Gamble's (PG) Hold (C+) Rating Reaffirmed at Weiss Ratings

Key Points

• Procter & Gamble has had its "hold (C+)" rating reaffirmed by Weiss Ratings, reflecting a cautious outlook on the company's stock.
• Despite a recent 1.2% decline in stock price, Procter & Gamble reported earnings of $1.48 per share, slightly exceeding analysts' expectations.
• Insider trading activity shows significant sales, with CEO Gary A. Coombe selling over $1.6 million worth of shares, indicating potential concerns about the company’s future performance.

Procter & Gamble (NYSE:PG - Get Free Report)'s stock had its "hold (c+)" rating reaffirmed by stock analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Several other research analysts also recently weighed in on PG. Berenberg Bank upped their price objective on shares of Procter & Gamble from $152.00 to $154.00 and gave the stock a "hold" rating in a report on Wednesday, September 17th. Evercore ISI restated an "in-line" rating and set a $170.00 price objective (down previously from $190.00) on shares of Procter & Gamble in a report on Monday, July 14th. BNP Paribas reiterated an "outperform" rating and issued a $177.00 target price on shares of Procter & Gamble in a report on Friday, August 15th. Barclays lowered their target price on shares of Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating for the company in a report on Wednesday, October 1st. Finally, UBS Group lowered their target price on shares of Procter & Gamble from $180.00 to $176.00 and set a "buy" rating for the company in a report on Wednesday. Eleven research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $172.58.

Procter & Gamble Stock Down 1.2%

Procter & Gamble stock opened at $150.67 on Wednesday. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The firm's fifty day moving average is $155.26 and its 200 day moving average is $159.72. Procter & Gamble has a 12-month low of $149.91 and a 12-month high of $180.43. The company has a market capitalization of $352.64 billion, a PE ratio of 23.14, a PEG ratio of 4.05 and a beta of 0.36.

Procter & Gamble (NYSE:PG - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a net margin of 18.95% and a return on equity of 32.69%. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.79 billion. During the same quarter in the prior year, the company posted $1.40 earnings per share. The business's revenue was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, sell-side analysts predict that Procter & Gamble will post 6.91 EPS for the current fiscal year.

Insider Transactions at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of Procter & Gamble stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $158.16, for a total value of $1,612,283.04. Following the completion of the transaction, the chief executive officer owned 34,978 shares in the company, valued at $5,532,120.48. This trade represents a 22.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Marc S. Pritchard sold 9,849 shares of Procter & Gamble stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $1,548,952.23. Following the completion of the transaction, the insider owned 182,422 shares of the company's stock, valued at $28,689,507.94. The trade was a 5.12% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 149,763 shares of company stock valued at $23,421,279. 0.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Procter & Gamble

A number of large investors have recently modified their holdings of PG. Kingstone Capital Partners Texas LLC boosted its position in shares of Procter & Gamble by 655,209.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 76,028,952 shares of the company's stock valued at $11,832,680,000 after acquiring an additional 76,017,350 shares during the period. Norges Bank bought a new position in shares of Procter & Gamble in the second quarter valued at approximately $5,099,644,000. Nuveen LLC bought a new position in shares of Procter & Gamble in the first quarter valued at approximately $1,954,941,000. Laurel Wealth Advisors LLC boosted its position in shares of Procter & Gamble by 15,971.7% in the second quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company's stock valued at $1,117,270,000 after acquiring an additional 6,969,110 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Procter & Gamble by 1.4% in the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company's stock valued at $37,155,222,000 after acquiring an additional 3,189,111 shares during the period. 65.77% of the stock is currently owned by institutional investors.

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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