Procter & Gamble Sees Unusually Large Options Volume (NYSE:PG)

Procter & Gamble Company (The) (NYSE:PG) saw some unusual options trading on Wednesday. Stock traders bought 69,270 put options on the stock. This represents an increase of 180% compared to the typical volume of 24,730 put options.

Analyst Ratings Changes

Several analysts have weighed in on the company. Barclays dropped their price objective on Procter & Gamble from $153.00 to $151.00 and set an “equal weight” rating for the company in a report on Monday, December 8th. Berenberg Bank upped their target price on shares of Procter & Gamble from $152.00 to $154.00 and gave the company a “hold” rating in a research note on Wednesday, September 17th. BNP Paribas Exane reduced their target price on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Procter & Gamble from $176.00 to $171.00 and set a “buy” rating on the stock in a report on Monday, December 8th. Finally, Dbs Bank raised Procter & Gamble to a “hold” rating in a research report on Friday, December 5th. Thirteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $171.38.

Procter & Gamble Trading Down 0.5%

PG traded down $0.72 during midday trading on Wednesday, hitting $143.33. 5,240,469 shares of the company were exchanged, compared to its average volume of 10,222,850. Procter & Gamble has a 1-year low of $138.14 and a 1-year high of $179.99. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $334.92 billion, a P/E ratio of 20.92, a P/E/G ratio of 4.85 and a beta of 0.39. The firm’s 50 day moving average price is $146.33 and its 200-day moving average price is $152.40.

Procter & Gamble (NYSE:PG) last released 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. Procter & Gamble had a return on equity of 32.63% and a net margin of 19.74%.The business had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.23 billion. During the same quarter last year, the firm posted $1.93 earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. As a group, equities analysts forecast that Procter & Gamble will post 6.91 EPS for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were paid a $1.0568 dividend. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s dividend payout ratio is 61.75%.

Insiders Place Their Bets

In related news, CEO Jon R. Moeller sold 11,684 shares of the business’s stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $152.23, for a total transaction of $1,778,655.32. Following the sale, the chief executive officer owned 319,932 shares of the company’s stock, valued at $48,703,248.36. The trade was a 3.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary A. Coombe sold 3,535 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the sale, the chief executive officer owned 34,816 shares of the company’s stock, valued at approximately $5,300,039.68. This trade represents a 9.22% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 30,308 shares of company stock valued at $4,611,852. 0.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC bought a new stake in Procter & Gamble in the third quarter valued at approximately $25,000. Nova Wealth Management Inc. bought a new position in shares of Procter & Gamble during the first quarter valued at $26,000. Signature Resources Capital Management LLC raised its holdings in Procter & Gamble by 67.9% in the second quarter. Signature Resources Capital Management LLC now owns 178 shares of the company’s stock worth $28,000 after buying an additional 72 shares during the last quarter. Saranac Partners Ltd purchased a new stake in shares of Procter & Gamble during the third quarter valued at approximately $30,000. Finally, Corundum Trust Company INC purchased a new stake in Procter & Gamble during the 3rd quarter valued at $32,000. 65.77% of the stock is owned by institutional investors.

Procter & Gamble Company Profile

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.