Procter & Gamble (NYSE:PG – Free Report) had its price target decreased by Jefferies Financial Group from $179.00 to $175.00 in a research report released on Monday,MarketScreener reports. Jefferies Financial Group currently has a buy rating on the stock.
PG has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft dropped their target price on Procter & Gamble from $171.00 to $162.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Wells Fargo & Company dropped their target price on Procter & Gamble from $177.00 to $158.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Royal Bank Of Canada dropped their target price on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research report on Thursday, April 9th. Piper Sandler dropped their target price on Procter & Gamble from $150.00 to $142.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Finally, The Goldman Sachs Group dropped their target price on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Twelve investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $162.79.
Read Our Latest Research Report on PG
Procter & Gamble Stock Down 0.9%
Procter & Gamble (NYSE:PG – Get Free Report) last released its quarterly earnings data on Friday, January 23rd. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.86 by $0.02. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The company had revenue of $22.21 billion for the quarter, compared to analyst estimates of $22.36 billion. During the same period last year, the company posted $1.88 earnings per share. The firm’s revenue was up 1.5% compared to the same quarter last year. Equities analysts forecast that Procter & Gamble will post 6.96 earnings per share for the current fiscal year.
Procter & Gamble Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be paid a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date is Friday, April 24th. Procter & Gamble’s payout ratio is 62.67%.
Insiders Place Their Bets
In related news, insider Moses Victor Javier Aguilar sold 15,169 shares of Procter & Gamble stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the completion of the transaction, the insider directly owned 44,735 shares in the company, valued at approximately $7,259,595.80. This trade represents a 25.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Jon R. Moeller sold 162,232 shares of Procter & Gamble stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.45, for a total value of $26,354,588.40. Following the completion of the transaction, the chairman owned 319,385 shares of the company’s stock, valued at $51,884,093.25. This trade represents a 33.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 348,618 shares of company stock valued at $55,462,643. 0.20% of the stock is owned by company insiders.
Hedge Funds Weigh In On Procter & Gamble
A number of hedge funds have recently bought and sold shares of the company. Carson Advisory Inc. grew its stake in Procter & Gamble by 0.5% in the fourth quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock worth $1,738,000 after purchasing an additional 65 shares in the last quarter. Trilogy Capital Inc. boosted its stake in Procter & Gamble by 1.1% in the fourth quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock valued at $901,000 after acquiring an additional 67 shares during the period. Cary Street Partners Investment Advisory LLC boosted its stake in Procter & Gamble by 1.8% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock valued at $549,000 after acquiring an additional 67 shares during the period. Emprise Bank boosted its stake in Procter & Gamble by 2.5% in the third quarter. Emprise Bank now owns 2,766 shares of the company’s stock valued at $425,000 after acquiring an additional 68 shares during the period. Finally, Lorne Steinberg Wealth Management Inc. boosted its stake in Procter & Gamble by 2.7% in the fourth quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock valued at $376,000 after acquiring an additional 68 shares during the period. 65.77% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: Dividend support — Multiple income-focused outlets list PG as a dividend giant/Aristocrat that suits yield-focused portfolios, reinforcing demand from long-term income investors. Put $5,000 In These Dividend Giants and Earn Passive Income Every Quarter
- Positive Sentiment: ESG initiative — P&G and Charmin commit to plant an additional 1 million trees with the Arbor Day Foundation through 2030, strengthening sustainability credentials that can help brand positioning and appeal to ESG-minded buyers. Charmin Forest Push Adds ESG Angle To Procter And Gamble Story
- Positive Sentiment: Investor interest from commentators — Jim Cramer says PG looks cheap and highlighted it on his show, which can prompt retail buying and short-term demand. Jim Cramer on Procter & Gamble: “It’s as Cheap as I’ve Seen It in Years”
- Neutral Sentiment: Valuation/entry-timing commentary — Several retail-investor pieces discuss whether to buy PG ahead of earnings and position it among defensive staples; useful context for investor timing but not a direct catalyst. Should You Buy Procter & Gamble Stock Before April 24?
- Negative Sentiment: Analyst target trim — JPMorgan cut its price target to $162 from $165 while keeping an Overweight rating; the move signals modestly reduced near-term upside expectations ahead of earnings. JPMorgan Cuts Procter & Gamble (PG) Target to $162 Ahead of Earnings Season
- Negative Sentiment: EPS growth caution — Zacks highlights that PG’s EPS growth may face headwinds despite pricing power and cost discipline, suggesting potential near-term pressure on reported results and guidance. Procter & Gamble’s EPS Growth Story: Sustainable or Slowing Ahead?
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.
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