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

Procter & Gamble Company (The) (NYSE:PG) shares traded up 1.3% during trading on Wednesday following a dividend announcement from the company. The stock traded as high as $148.59 and last traded at $147.9260. Approximately 6,129,341 shares traded 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. Investors of record on Friday, July 24th will be given a dividend of $1.0885 per share. The ex-dividend date is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is currently 63.60%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on PG shares. Bank of America cut their target price on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Raymond James Financial cut their price objective on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. Morgan Stanley reduced their target price on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. Finally, Erste Group Bank cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Tuesday, March 24th. Twelve investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.42.

Procter & Gamble Stock Up 1.3%

The business’s 50 day simple moving average is $146.63 and its 200 day simple moving average is $148.45. 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 firm has a market capitalization of $344.46 billion, a PE ratio of 21.63, a PEG ratio of 7.22 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The firm had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities research analysts forecast that Procter & Gamble Company will post 6.89 earnings per share for the current year.

Key Procter & Gamble News

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

• Positive Sentiment: Procter & Gamble announced a quarterly dividend of $1.0885 per share and confirmed another dividend increase, underscoring steady cash flow and shareholder returns. Article: P&G Declares Quarterly Dividend, July 2026
• Positive Sentiment: The dividend hike marks the company’s 70th increase, reinforcing its long track record as a dependable income stock. Article: Procter & Gamble Just Declared Its 70th Dividend Increase
• Neutral Sentiment: Investors are also watching for Procter & Gamble’s upcoming earnings release later this month, with analysts looking for a possible single-digit decline in earnings. Article: What You Need To Know Ahead of Procter & Gamble’s Earnings Release
• Neutral Sentiment: Media coverage noting President Trump’s trades included P&G shares may draw attention, but it is not a fundamental change for the business. Article: Trump’s day trades include millions of P&G and other Cincinnati stocks

Institutional Trading of Procter & Gamble

Hedge funds and other institutional investors have recently bought and sold shares of the stock. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after acquiring an additional 150 shares during the last quarter. Litman Gregory Wealth Management LLC bought a new stake in shares of Procter & Gamble during the fourth quarter worth $26,000. Park Square Financial Group LLC grew its holdings in shares of Procter & Gamble by 65.1% in the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the last quarter. Evolution Wealth Management Inc. lifted its holdings in Procter & Gamble by 1,315.4% during the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after buying an additional 171 shares in the last quarter. Finally, Basso Capital Management L.P. purchased a new stake in Procter & Gamble in the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

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.