Procter & Gamble (NYSE:PG) Trading 1.3% Higher After Dividend Announcement

Procter & Gamble Company (The) (NYSE:PG) traded up 1.3% on Wednesday after the company announced a dividend. The stock traded as high as $148.59 and last traded at $147.9260. Approximately 6,129,341 shares changed hands during trading, a decline of 40% from the average session volume of 10,195,594 shares. The stock had previously closed at $146.08.

The newly announced dividend which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be issued a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is 63.60%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. BNP Paribas Exane dropped their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Evercore set a $162.00 target price on Procter & Gamble in a research note on Monday, April 27th. Barclays dropped their target price on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Finally, TD Cowen raised their price target on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $161.42.

Procter & Gamble Stock Up 2.3%

The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $352.76 billion, a P/E ratio of 22.15, a PEG ratio of 7.21 and a beta of 0.39. The stock has a 50 day moving average price of $146.73 and a 200 day moving average price of $148.53.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the previous year, the company posted $1.54 EPS. Procter & Gamble’s quarterly revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Key Stories Impacting Procter & Gamble

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

• Positive Sentiment: JPMorgan kept an overweight rating on Procter & Gamble while only trimming its price target to $162 from $164, which still implies upside from current levels. Benzinga report on JPMorgan price target cut
• Positive Sentiment: Recent coverage suggests PG may still be undervalued based on DCF and earnings-multiple checks, and management’s plan to cut up to 7,000 non-manufacturing jobs could support margins and cash flow over time. Yahoo Finance article on valuation and job cuts
• Positive Sentiment: Procter & Gamble announced a quarterly dividend, reinforcing its appeal as a defensive income stock for investors. TipRanks dividend declaration article
• Neutral Sentiment: PG recently outperformed the broader market, showing relative strength even without a major new catalyst. Yahoo Finance article on PG outperformance
• Neutral Sentiment: UBS warned that consumer staple companies likely faced another “tricky” quarter, which highlights a potentially tougher operating backdrop for the sector, though PG-specific details were not provided. Yahoo Finance UBS sector outlook article
• Negative Sentiment: The broader consumer-staples outlook may be pressured by slower earnings growth, which could limit how much investors are willing to pay for PG despite its defensive profile.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Brown Miller Wealth Management LLC raised its stake in shares of Procter & Gamble by 3.2% during the second quarter. Brown Miller Wealth Management LLC now owns 22,189 shares of the company’s stock valued at $3,254,000 after acquiring an additional 688 shares during the last quarter. Seelaus Asset Management LLC lifted its holdings in shares of Procter & Gamble by 12.7% during the second quarter. Seelaus Asset Management LLC now owns 5,609 shares of the company’s stock worth $823,000 after purchasing an additional 633 shares during the period. Capital Advisors Ltd. LLC grew its stake in shares of Procter & Gamble by 2.8% in the second quarter. Capital Advisors Ltd. LLC now owns 3,934 shares of the company’s stock worth $577,000 after purchasing an additional 108 shares during the last quarter. Richards Merrill & Peterson Inc. grew its stake in shares of Procter & Gamble by 6.6% in the second quarter. Richards Merrill & Peterson Inc. now owns 13,393 shares of the company’s stock worth $1,964,000 after purchasing an additional 833 shares during the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in Procter & Gamble by 0.8% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 216,340 shares of the company’s stock worth $31,724,000 after purchasing an additional 1,616 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

About Procter & Gamble

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.