Procter & Gamble (NYSE:PG) Trading 4.6% Higher – Time to Buy?

Procter & Gamble Company (The) (NYSE:PG)’s stock price traded up 4.6% during trading on Friday . The company traded as high as $147.09 and last traded at $147.3080. 4,987,321 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 10,337,131 shares. The stock had previously closed at $140.78.

Key Procter & Gamble News

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

• Positive Sentiment: Investors bought an unusually large number of PG call options, suggesting rising bets that the stock could keep climbing in the near term.
• Positive Sentiment: Procter & Gamble highlighted community and brand-building efforts, including Old Spice’s partnership with Walmart and Big Brothers Big Sisters of Miami, which may support consumer goodwill and brand visibility. Article Title
• Positive Sentiment: P&G also announced a disaster-response fleet expansion with Walmart and Matthew 25: Ministries, reinforcing the company’s social-impact reputation and broader partnership network. Article Title
• Neutral Sentiment: P&G is scheduled to webcast a presentation at the Evercore Consumer and Retail Conference on June 10, which keeps investors focused on management commentary but does not by itself change fundamentals. Article Title
• Neutral Sentiment: Several articles discussed PG as a dividend and valuation name, but these were broader investor commentary pieces rather than company-specific catalysts.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. UBS Group increased their price objective on shares of Procter & Gamble from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Monday, April 27th. TD Cowen boosted their price objective on shares of Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $163.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. Barclays reduced their price objective on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 14th. Finally, Bank of America reduced their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Eleven equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $161.06.

Procter & Gamble Stock Up 4.1%

The business’s fifty day moving average price is $144.18 and its 200 day moving average price is $147.68. The firm has a market capitalization of $341.20 billion, a price-to-earnings ratio of 21.42, a PEG ratio of 6.29 and a beta of 0.39. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PG) last announced its earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts expect that Procter & Gamble Company will post 6.91 EPS for the current year.

Procter & Gamble Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio is presently 63.60%.

Hedge Funds Weigh In On Procter & Gamble

Hedge funds and other institutional investors have recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of 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 acquiring an additional 150 shares during the period. Litman Gregory Wealth Management LLC acquired a new stake in shares of Procter & Gamble in the 4th quarter worth $26,000. Park Square Financial Group LLC lifted its stake in shares of Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares during the period. Evolution Wealth Management Inc. lifted its stake in shares of Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after acquiring an additional 171 shares during the period. Finally, Basso Capital Management L.P. acquired a new stake in shares of Procter & Gamble in the 4th quarter worth $28,000. 65.77% of the stock is currently owned by hedge funds and other institutional investors.

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.