JPMorgan Chase & Co. Cuts Procter & Gamble (NYSE:PG) Price Target to $162.00

Procter & Gamble (NYSE:PG) had its target price cut by JPMorgan Chase & Co. from $164.00 to $162.00 in a research note published on Thursday morning,Benzinga reports. They currently have an overweight rating on the stock.

Several other research analysts have also issued reports on the company. TD Cowen raised their target price on Procter & Gamble from $142.00 to $150.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Jefferies Financial Group raised their price objective on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Sanford C. Bernstein assumed coverage on shares of Procter & Gamble in a research report on Thursday, June 11th. They set a “market perform” rating and a $156.00 target price for the company. Wells Fargo & Company boosted their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Finally, Raymond James Financial reduced their price objective on shares of Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 14th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.42.

Procter & Gamble Stock Performance

Shares of NYSE:PG opened at $149.84 on Thursday. Procter & Gamble has a 12-month low of $137.62 and a 12-month high of $167.25. The company’s 50 day moving average price is $146.80 and its two-hundred day moving average price is $148.54. The firm has a market cap of $348.92 billion, a PE ratio of 21.91, a PEG ratio of 7.31 and a beta of 0.39. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44.

Procter & Gamble (NYSE:PG) last released its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The company 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 quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities research analysts predict that Procter & Gamble will post 6.88 earnings per share for the current year.

Procter & Gamble Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be issued a dividend of $1.0885 per share. The ex-dividend date is Friday, July 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is currently 63.60%.

Institutional Trading of Procter & Gamble

Several large investors have recently made changes to their positions in PG. Gradient Investments LLC boosted its holdings in shares of Procter & Gamble by 12.8% in the fourth quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock worth $36,270,000 after acquiring an additional 28,777 shares during the period. Cibc World Market Inc. raised its stake in shares of Procter & Gamble by 40.6% during the 4th quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock valued at $73,351,000 after purchasing an additional 147,701 shares during the period. World Investment Advisors lifted its holdings in Procter & Gamble by 15.9% during the 4th quarter. World Investment Advisors now owns 105,915 shares of the company’s stock worth $15,179,000 after purchasing an additional 14,492 shares in the last quarter. Resources Management Corp CT ADV lifted its holdings in Procter & Gamble by 41.8% during the 4th quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock worth $11,681,000 after purchasing an additional 24,010 shares in the last quarter. Finally, Indivisible Partners bought a new position in Procter & Gamble in the 4th quarter worth about $2,120,000. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Key Procter & Gamble News

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

• Positive Sentiment: Procter & Gamble’s long dividend track record remains a key support for the stock, with the company having raised its payout for 70 consecutive years, reinforcing its status as a dependable income name. Article title
• Positive Sentiment: JPMorgan kept an overweight rating on PG while only trimming its price target to $162 from $164, signaling continued upside expectations from current levels. Article title
• Positive Sentiment: Some commentary says PG still screens as undervalued and could benefit from planned cuts to as many as 7,000 non-manufacturing roles, which may improve margins over time. Article title
• Neutral Sentiment: Erste Group slightly lowered its FY2026 and FY2027 earnings estimates, but the changes were minimal and its full-year FY2026 forecast still matches consensus. Article title
• Neutral Sentiment: UBS said consumer-staple companies likely had another “tricky” quarter, which suggests a challenging operating backdrop for PG and peers rather than a company-specific setback. Article title
• Negative Sentiment: The stock is also being pressured by a broader risk-off move and weakness in equities, including a selloff in growth/AI-related names that has pushed some investors back toward defensive stocks like PG. Article title

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.