Procter & Gamble (NYSE:PG) Earns Hold (C+) Rating from Weiss Ratings

Procter & Gamble (NYSE:PG)‘s stock had its “hold (c+)” rating reissued by analysts at Weiss Ratings in a report released on Saturday,Weiss Ratings reports.

Several other research analysts have also weighed in on PG. BNP Paribas Exane cut their price objective on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Evercore ISI restated an “in-line” rating and issued a $170.00 target price (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Berenberg Bank boosted their target price on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a report on Wednesday, September 17th. JPMorgan Chase & Co. lowered their price objective on shares of Procter & Gamble from $170.00 to $163.00 and set a “neutral” rating on the stock in a research report on Friday, October 10th. Finally, Barclays reduced their price target on Procter & Gamble from $164.00 to $153.00 and set an “equal weight” rating for the company in a report on Wednesday, October 1st. Eleven analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $171.68.

Procter & Gamble Stock Performance

NYSE PG opened at $152.62 on Friday. Procter & Gamble has a 52-week low of $146.96 and a 52-week high of $180.43. The business’s 50-day moving average price is $154.66 and its 200 day moving average price is $158.38. The firm has a market cap of $357.21 billion, a P/E ratio of 22.28, a P/E/G ratio of 4.05 and a beta of 0.36. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.45.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings data on Friday, October 24th. The company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.90 by $0.09. The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a return on equity of 32.51% and a net margin of 19.74%.The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, equities research analysts expect that Procter & Gamble will post 6.91 earnings per share for the current year.

Insider Activity

In other Procter & Gamble news, insider Balaji Purushothaman sold 490 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $74,592.70. Following the completion of the sale, the insider owned 12,616 shares of the company’s stock, valued at approximately $1,920,533.68. The trade was a 3.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Jennifer L. Davis sold 3,227 shares of Procter & Gamble stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $491,246.21. Following the transaction, the chief executive officer directly owned 61,764 shares in the company, valued at approximately $9,402,333.72. This represents a 4.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 149,763 shares of company stock worth $23,421,279. Corporate insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of PG. Nova Wealth Management Inc. acquired a new stake in Procter & Gamble in the first quarter worth $26,000. Halbert Hargrove Global Advisors LLC bought a new stake in Procter & Gamble in the third quarter worth about $25,000. Signature Resources Capital Management LLC raised its position in shares of Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock valued at $28,000 after purchasing an additional 72 shares during the period. Quarry LP bought a new stake in shares of Procter & Gamble in the first quarter valued at approximately $33,000. Finally, Corundum Trust Company INC purchased a new position in Procter & Gamble during the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

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.