Procter & Gamble (NYSE:PG) Price Target Raised to $187.00

Procter & Gamble (NYSE:PG) had its price objective raised by Citigroup from $180.00 to $187.00 in a research report released on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other research firms have also issued reports on PG. JPMorgan Chase & Co. increased their price objective on Procter & Gamble from $162.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday. UBS Group set a $166.00 target price on shares of Procter & Gamble in a research note on Friday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $161.00 target price on shares of Procter & Gamble in a report on Thursday. Argus cut shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. Finally, Royal Bank Of Canada set a $169.00 price target on shares of Procter & Gamble in a report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $168.90.

Procter & Gamble Stock Up 0.1%

Shares of PG stock opened at $161.21 on Friday. The firm has a market cap of $373.64 billion, a PE ratio of 24.28, a price-to-earnings-growth ratio of 4.00 and a beta of 0.39. Procter & Gamble has a 12 month low of $137.62 and a 12 month high of $167.25. The stock has a 50 day moving average of $148.41 and a 200-day moving average of $147.12. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 0.40.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Thursday, October 22nd. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The firm had revenue of $23.28 billion during the quarter, compared to the consensus estimate of $22.80 billion. During the same period in the prior year, the firm earned $1.99 EPS. The business’s revenue was up 4.0% on a year-over-year basis. On average, equities analysts predict that Procter & Gamble will post 6.98 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be given a $1.0885 dividend. This represents a $4.35 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.51%.

Insiders Place Their Bets

In related news, insider Susan Whaley sold 2,369 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $145.34, for a total transaction of $344,310.46. Following the completion of the transaction, the insider owned 30,730 shares in the company, valued at approximately $4,466,298.20. The trade was a 7.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew W. Janzaruk sold 359 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $145.24, for a total value of $52,141.16. Following the sale, the chief accounting officer directly owned 1,271 shares in the company, valued at $184,600.04. The trade was a 22.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 15,135 shares of company stock valued at $2,189,970 over the last three months. 0.23% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Baxter Bros Inc. bought a new position in Procter & Gamble in the second quarter worth approximately $12,381,000. Empowered Funds LLC purchased a new stake in shares of Procter & Gamble in the second quarter worth about $53,549,000. Bank of America Corp DE bought a new stake in Procter & Gamble during the second quarter valued at approximately $3,850,628,000. Capstone Capital Management Ltd purchased a new stake in shares of Procter & Gamble in the 3rd quarter valued at $991,000. Finally, Rokos Capital Management LLP bought a new stake in Procter & Gamble in the 1st quarter worth $29,914,000. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble News Roundup

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

• Positive Sentiment: Multiple analysts raised targets and maintained bullish ratings. UBS lifted its target to $190 and retained a Buy rating, while Citigroup raised its target to $187, BNP Paribas Exane to $189, and JPMorgan to $180. Freedom Broker also upgraded PG from Hold to Buy with a $176 target. These revisions suggest analysts believe the earnings improvement and resilient demand can support further gains.
• Positive Sentiment: Fiscal Q1 results exceeded expectations. Adjusted EPS was $2.00 versus the $1.89 consensus, while revenue increased 4% year over year to $23.28 billion, topping estimates of approximately $22.80 billion. Organic sales also grew 4%, with volume contributing 2.4 percentage points. Procter & Gamble earnings beat as sales rise 4%
• Positive Sentiment: Demand and operating trends remain encouraging. Stronger volumes, favorable product mix, productivity savings, and resilient laundry and home-product sales supported the quarter. Investors also continue to value PG’s defensive business mix and 70-year record of dividend increases. P&G dividend history
• Neutral Sentiment: Fiscal 2027 guidance was mixed. The company raised its all-in sales-growth outlook, partly reflecting the Thorne acquisition, but projected revenue of $86.0 billion to $87.7 billion remains below the roughly $88.8 billion consensus. EPS guidance of $6.89 to $7.11 brackets expectations of $6.98.
• Negative Sentiment: Commodity and energy inflation remain the main risks. Higher oil, raw-material, transportation, and energy costs are expected to create an estimated $1.4 billion headwind and pressure margins. TD Cowen raised its target to $166 but kept a Hold rating, warning that cost inflation could limit the recovery. P&G commodity cost outlook

About Procter & Gamble

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.