Procter & Gamble (NYSE:PG) Given New $155.00 Price Target at Rothschild & Co Redburn

Procter & Gamble (NYSE:PGFree Report) had its target price decreased by Rothschild & Co Redburn from $157.00 to $155.00 in a research report report published on Monday morning,MarketScreener reports. Rothschild & Co Redburn currently has a neutral rating on the stock.

PG has been the subject of a number of other reports. BNP Paribas Exane dropped their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Piper Sandler upped their price target on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research report on Friday. UBS Group dropped their price objective on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Jefferies Financial Group cut their price objective on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Friday, March 27th. Eleven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Check Out Our Latest Research Report on PG

Procter & Gamble Trading Up 0.2%

NYSE:PG opened at $148.43 on Monday. The firm has a market capitalization of $344.95 billion, a P/E ratio of 21.70, a P/E/G ratio of 5.72 and a beta of 0.41. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. The company has a fifty day moving average of $150.08 and a 200 day moving average of $148.64. Procter & Gamble has a 52 week low of $137.62 and a 52 week high of $170.99.

Procter & Gamble (NYSE:PGGet Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) 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 31.88%. The business had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter last year, the firm earned $1.54 EPS. The company’s revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts predict that Procter & Gamble will post 6.95 earnings per share for the current year.

Procter & Gamble Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be paid a $1.0885 dividend. The ex-dividend date of this dividend is Friday, April 24th. This is an increase from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s payout ratio is currently 64.44%.

Insider Buying and Selling at Procter & Gamble

In other Procter & Gamble news, insider Moses Victor Javier Aguilar sold 15,169 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the transaction, the insider owned 44,735 shares in the company, valued at approximately $7,259,595.80. This represents a 25.32% 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, insider Susan Street Whaley sold 1,809 shares of the stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $159.46, for a total value of $288,463.14. Following the completion of the transaction, the insider directly owned 30,215 shares of the company’s stock, valued at $4,818,083.90. This represents a 5.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 252,715 shares of company stock worth $40,966,904. Insiders own 0.20% of the company’s stock.

Institutional Trading of Procter & Gamble

Hedge funds have recently modified their holdings of the business. Norges Bank bought a new position in shares of Procter & Gamble in the 4th quarter worth about $4,664,783,000. Cardano Risk Management B.V. boosted its stake in Procter & Gamble by 1,104.8% during the fourth quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock worth $1,364,518,000 after acquiring an additional 8,731,126 shares in the last quarter. Auto Owners Insurance Co grew its holdings in Procter & Gamble by 14,231.0% in the fourth quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company’s stock worth $508,700,000 after purchasing an additional 3,524,876 shares during the period. Vanguard Group Inc. increased its stake in shares of Procter & Gamble by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after purchasing an additional 2,829,151 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Procter & Gamble by 100.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company’s stock valued at $782,607,000 after purchasing an additional 2,741,924 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

Key Procter & Gamble News

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About Procter & Gamble

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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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