Procter & Gamble Company stock is trading -13.93% below its average target price of $166.09 after dropping -1.3% during today's afternoon session. Analysts are giving the large-cap Household & Personal Products company an average rating of buy and target prices ranging from $135.0 to $179.0 per share.
The stock has a very low short interest at 0.6%, and a short ratio of 2.74. The company's insiders own 0.11% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 66.1% of Procter & Gamble Company's shares being owned by this investor type.
Institutions Invested in Procter & Gamble Company
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 10% | 224,950,896 | $32,158,981,602 |
| 2023-06-30 | Blackrock Inc. | 7% | 158,336,762 | $22,635,824,558 |
| 2023-06-30 | State Street Corporation | 4% | 103,104,467 | $14,739,815,294 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 45,120,728 | $6,450,459,577 |
| 2023-06-30 | Morgan Stanley | 2% | 45,088,952 | $6,445,916,880 |
| 2023-06-30 | Wellington Management Group, LLP | 1% | 32,561,356 | $4,654,971,672 |
| 2023-06-30 | Bank of America Corporation | 1% | 31,574,528 | $4,513,894,734 |
| 2023-06-30 | Northern Trust Corporation | 1% | 28,642,288 | $4,094,701,684 |
| 2023-06-30 | Price (T.Rowe) Associates Inc | 1% | 25,531,767 | $3,650,021,581 |
| 2023-06-30 | FMR, LLC | 1% | 24,760,338 | $3,539,738,086 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Procter & Gamble Company.
