Procter & Gamble (NYSE:PG) Given New $162.00 Price Target at JPMorgan Chase & Co.

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

Several other brokerages also recently weighed in on PG. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $163.00 target price on shares of Procter & Gamble in a research note on Monday, April 27th. Morgan Stanley dropped their price target on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Sanford C. Bernstein began coverage on shares of Procter & Gamble in a report on Thursday, June 11th. They set a “market perform” rating and a $156.00 price target on the stock. Evercore set a $162.00 price objective on shares of Procter & Gamble in a research report on Monday, April 27th. Finally, Royal Bank Of Canada decreased their price objective on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research note on Thursday, April 9th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus price target of $161.42.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $151.49 on Thursday. The stock has a market cap of $352.76 billion, a price-to-earnings ratio of 22.15, a price-to-earnings-growth ratio of 7.21 and a beta of 0.39. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. The stock has a 50 day moving average price of $146.73 and a 200-day moving average price of $148.53. Procter & Gamble has a one year low of $137.62 and a one year high of $167.25.

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 the consensus estimate of $1.56 by $0.03. The company had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.Procter & Gamble’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts expect that Procter & Gamble will post 6.88 EPS for the current year.

Procter & Gamble Dividend Announcement

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

Institutional Investors Weigh In On Procter & Gamble

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brown Miller Wealth Management LLC boosted its holdings in shares of Procter & Gamble by 3.2% in the second quarter. Brown Miller Wealth Management LLC now owns 22,189 shares of the company’s stock valued at $3,254,000 after purchasing an additional 688 shares during the period. Seelaus Asset Management LLC grew its stake in Procter & Gamble by 12.7% in the second quarter. Seelaus Asset Management LLC now owns 5,609 shares of the company’s stock worth $823,000 after purchasing an additional 633 shares in the last quarter. Capital Advisors Ltd. LLC increased its holdings in Procter & Gamble by 2.8% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 3,934 shares of the company’s stock worth $577,000 after purchasing an additional 108 shares during the period. Richards Merrill & Peterson Inc. raised its position in Procter & Gamble by 6.6% during the 2nd quarter. Richards Merrill & Peterson Inc. now owns 13,393 shares of the company’s stock valued at $1,964,000 after purchasing an additional 833 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in Procter & Gamble by 0.8% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 216,340 shares of the company’s stock valued at $31,724,000 after purchasing an additional 1,616 shares in the last quarter. Institutional investors own 65.77% of the company’s stock.

More Procter & Gamble News

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

• Positive Sentiment: JPMorgan kept an overweight rating on Procter & Gamble while only trimming its price target to $162 from $164, which still implies upside from current levels. Benzinga report on JPMorgan price target cut
• Positive Sentiment: Recent coverage suggests PG may still be undervalued based on DCF and earnings-multiple checks, and management’s plan to cut up to 7,000 non-manufacturing jobs could support margins and cash flow over time. Yahoo Finance article on valuation and job cuts
• Positive Sentiment: Procter & Gamble announced a quarterly dividend, reinforcing its appeal as a defensive income stock for investors. TipRanks dividend declaration article
• Neutral Sentiment: PG recently outperformed the broader market, showing relative strength even without a major new catalyst. Yahoo Finance article on PG outperformance
• Neutral Sentiment: UBS warned that consumer staple companies likely faced another “tricky” quarter, which highlights a potentially tougher operating backdrop for the sector, though PG-specific details were not provided. Yahoo Finance UBS sector outlook article
• Negative Sentiment: The broader consumer-staples outlook may be pressured by slower earnings growth, which could limit how much investors are willing to pay for PG despite its defensive profile.

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.