Procter & Gamble (NYSE:PG) Raised to “Moderate Buy” at Dbs Bank

Procter & Gamble (NYSE:PG) was upgraded by equities researchers at Dbs Bank to a “moderate buy” rating in a report released on Tuesday,Zacks.com reports.

A number of other equities analysts also recently weighed in on the company. UBS Group dropped their target price on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Barclays decreased 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 research note on Wednesday, October 1st. Wells Fargo & Company decreased their target price on shares of Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Raymond James Financial decreased their target price on shares of Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research report on Wednesday, October 8th. Twelve equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $171.53.

Procter & Gamble Stock Performance

Shares of Procter & Gamble stock opened at $148.63 on Tuesday. The stock has a market cap of $347.32 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 3.95 and a beta of 0.36. The business has a fifty day simple moving average of $154.23 and a 200-day simple moving average of $158.09. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. Procter & Gamble has a 12 month low of $146.96 and a 12 month high of $180.43.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 24th. The company reported $1.99 EPS for the quarter, topping the consensus estimate of $1.90 by $0.09. The business had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.Procter & Gamble’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.93 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. On average, sell-side analysts anticipate that Procter & Gamble will post 6.91 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Jon R. Moeller sold 11,684 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the completion of the transaction, the chief executive officer owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. This represents a 3.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Balaji Purushothaman sold 490 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total transaction of $74,592.70. Following the transaction, the insider directly owned 12,616 shares of the company’s stock, valued at $1,920,533.68. This represents a 3.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 149,763 shares of company stock valued at $23,421,279 in the last 90 days. 0.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Procter & Gamble

Hedge funds have recently made changes to their positions in the business. Kingstone Capital Partners Texas LLC boosted its holdings in Procter & Gamble by 655,209.0% during 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 purchasing an additional 76,017,350 shares in the last quarter. Norges Bank acquired a new position in Procter & Gamble during the second quarter worth $5,099,644,000. Nuveen LLC acquired a new position in Procter & Gamble during the first quarter worth $1,954,941,000. Laurel Wealth Advisors LLC raised its stake in Procter & Gamble by 15,971.7% during the second quarter. Laurel Wealth Advisors LLC now owns 7,012,744 shares of the company’s stock worth $1,117,270,000 after acquiring an additional 6,969,110 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in Procter & Gamble by 1.4% during the second quarter. Vanguard Group Inc. now owns 233,211,283 shares of the company’s stock worth $37,155,222,000 after acquiring an additional 3,189,111 shares in the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

About Procter & Gamble

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.