Procter & Gamble (NYSE:PG – Get Free Report) had its target price dropped by analysts at Raymond James Financial from $185.00 to $175.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Raymond James Financial’s price objective indicates a potential upside of 15.43% from the company’s current price.
A number of other equities analysts also recently issued reports on the company. UBS Group cut their target price on Procter & Gamble from $180.00 to $176.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. BNP Paribas Exane dropped their price objective on Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a research note on Tuesday, September 23rd. Evercore ISI reaffirmed an “in-line” rating and issued a $170.00 price objective (down from $190.00) on shares of Procter & Gamble in a research note on Monday, July 14th. Wells Fargo & Company dropped their price objective on Procter & Gamble from $173.00 to $170.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Procter & Gamble in a research note on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $171.68.
Check Out Our Latest Stock Analysis on Procter & Gamble
Procter & Gamble Stock Down 0.2%
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The company had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.79 billion. During the same period last year, the firm earned $1.40 EPS. The firm’s revenue for the quarter was up 1.7% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts expect that Procter & Gamble will post 6.91 earnings per share for the current year.
Insider Activity at Procter & Gamble
In other Procter & Gamble news, COO Shailesh Jejurikar sold 13,039 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total transaction of $2,050,643.53. Following the completion of the transaction, the chief operating officer owned 28,036 shares of the company’s stock, valued at approximately $4,409,221.72. This trade represents a 31.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Andre Schulten sold 11,638 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,830,308.26. Following the transaction, the chief financial officer directly owned 52,642 shares of the company’s stock, valued at $8,279,007.34. The trade was a 18.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 149,763 shares of company stock valued at $23,421,279 in the last ninety days. 0.20% of the stock is owned by insiders.
Institutional Investors Weigh In On Procter & Gamble
Several hedge funds have recently made changes to their positions in PG. B & T Capital Management DBA Alpha Capital Management boosted its holdings in Procter & Gamble by 2.3% in the first quarter. B & T Capital Management DBA Alpha Capital Management now owns 2,795 shares of the company’s stock valued at $476,000 after acquiring an additional 63 shares during the last quarter. Private Management Group Inc. boosted its holdings in Procter & Gamble by 4.8% in the first quarter. Private Management Group Inc. now owns 1,384 shares of the company’s stock valued at $236,000 after acquiring an additional 64 shares during the last quarter. Lantz Financial LLC boosted its holdings in Procter & Gamble by 1.2% in the second quarter. Lantz Financial LLC now owns 5,237 shares of the company’s stock valued at $834,000 after acquiring an additional 64 shares during the last quarter. Orca Investment Management LLC boosted its holdings in Procter & Gamble by 2.0% in the second quarter. Orca Investment Management LLC now owns 3,238 shares of the company’s stock valued at $516,000 after acquiring an additional 64 shares during the last quarter. Finally, Detalus Advisors LLC boosted its holdings in Procter & Gamble by 0.8% in the first quarter. Detalus Advisors LLC now owns 7,918 shares of the company’s stock valued at $1,349,000 after acquiring an additional 65 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.
About Procter & Gamble
Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.
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