11 Most Undervalued High Quality Stocks to Buy According to Hedge Funds

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6. The Procter & Gamble Company (NYSE:PG)

Forward P/E Ratio: 23.17

Number of Hedge Fund Holders: 88

The Procter & Gamble Company (NYSE:PG) is one of the Most Undervalued High Quality Stocks to Buy According to Hedge Funds. On July 14, Evercore ISI downgraded The Procter & Gamble Company (NYSE:PG) from Outperform to Market Perform, while also reducing the price target from $190 to $170.

The conservative outlook comes ahead of its Q4 earnings call, which is set to happen on July 29. The analyst expects The Procter & Gamble Company (NYSE:PG)’s fiscal 2026 organic sales growth to be between 1% and 3%, below the market consensus of 2.4%. This includes about a 50 basis point loss due to portfolio optimization rather than asset sales.

Moreover, the analyst also highlighted adverse shifts in retail channels, especially the growing consumer shift to Amazon, which now accounts for about 50% of growth in household and personal care products in the United States. This retail shift could limit the company’s sales growth below the 4% needed to drive operating leverage, constraining earnings growth.

The Procter & Gamble Company (NYSE:PG) is a multinational consumer goods company that manufactures and markets a wide range of household and personal care products.

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