Procter & Gamble (NYSE:PG) Trading Up 2.3% – What’s Next?

Procter & Gamble Company (The) (NYSE:PG) shares shot up 2.3% during trading on Thursday . The stock traded as high as $151.52 and last traded at $151.49. 6,477,910 shares changed hands during trading, a decline of 36% from the average session volume of 10,168,689 shares. The stock had previously closed at $148.05.

Procter & Gamble News Roundup

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

• Positive Sentiment: JPMorgan Chase lowered its price target on Procter & Gamble to $162 from $164, but kept an overweight rating, implying about 6.9% upside from the current price and reinforcing a constructive view on the stock. Benzinga
• Positive Sentiment: Procter & Gamble announced a quarterly dividend of $1.0885 per share, underscoring its reliable cash-return profile and appeal to income-focused investors. P&G Declares Quarterly Dividend, July 2026
• Positive Sentiment: Market commentary said PG may still be undervalued on DCF and earnings-based valuation checks, while planned cuts to up to 7,000 non-manufacturing roles could support future margins and earnings. Is Procter & Gamble (PG) Still Undervalued With 7,000 Job Cuts?
• Neutral Sentiment: Head & Shoulders launched its USA Gymnastics partnership at the 2026 U.S. Classic, a brand-marketing move that may help awareness but is unlikely to move the stock on its own. Head & Shoulders Debuts USAG Partnership at 2026 U.S. Classic

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on PG shares. Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. The Goldman Sachs Group lowered their price objective on shares of Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research note on Wednesday, April 8th. Morgan Stanley reduced their price target on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Finally, Royal Bank Of Canada dropped their price objective on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research note on Thursday, April 9th. Twelve analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $161.42.

Procter & Gamble Stock Performance

The business has a 50-day moving average of $146.63 and a two-hundred day moving average of $148.48. The company has a market cap of $352.76 billion, a P/E ratio of 22.15, a P/E/G ratio of 7.11 and a beta of 0.39. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53.

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

Procter & Gamble Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be given 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 yield of 2.9%. Procter & Gamble’s dividend payout ratio is presently 63.60%.

Hedge Funds Weigh In On Procter & Gamble

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

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.