Deutsche Bank Aktiengesellschaft Cuts Procter & Gamble (NYSE:PG) Price Target to $171.00

Procter & Gamble (NYSE:PG) had its price target cut by Deutsche Bank Aktiengesellschaft from $176.00 to $171.00 in a research report sent to investors on Monday, MarketBeat Ratings reports. They currently have a buy rating on the stock.

PG has been the subject of a number of other research reports. BNP Paribas Exane lowered their target price on shares of Procter & Gamble from $177.00 to $172.00 and set an “outperform” rating for the company in a report on Tuesday, September 23rd. Berenberg Bank lifted their price objective on Procter & Gamble from $152.00 to $154.00 and gave the stock a “hold” rating in a research note on Wednesday, September 17th. Morgan Stanley set a $175.00 target price on Procter & Gamble in a research note on Monday, October 27th. JPMorgan Chase & Co. boosted their target price on Procter & Gamble from $163.00 to $165.00 and gave the stock a “neutral” rating in a research report on Monday, October 27th. Finally, Raymond James Financial lowered their price target on Procter & Gamble from $185.00 to $175.00 and set an “outperform” rating for the company in a research note on Monday, October 20th. Twelve equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus price target of $171.40.

Procter & Gamble Price Performance

Shares of PG stock opened at $139.82 on Monday. The firm has a market cap of $326.72 billion, a price-to-earnings ratio of 20.41, a PEG ratio of 4.21 and a beta of 0.39. Procter & Gamble has a 12 month low of $138.14 and a 12 month high of $179.99. The company has a quick ratio of 0.51, a current ratio of 0.71 and a debt-to-equity ratio of 0.46. The stock has a 50-day moving average price of $148.25 and a 200 day moving average price of $154.60.

Procter & Gamble (NYSE:PG) last issued its earnings results on Friday, October 24th. The company reported $1.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.09. The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.23 billion. Procter & Gamble had a net margin of 19.74% and a return on equity of 32.63%. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.93 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.100 EPS. Research analysts expect that Procter & Gamble will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Shareholders of record on Friday, October 24th were issued a dividend of $1.0568 per share. This represents a $4.23 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, October 24th. Procter & Gamble’s dividend payout ratio (DPR) is 61.75%.

Insider Buying and Selling

In related news, CEO Jon R. Moeller sold 11,684 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $1,778,655.32. Following the completion of the transaction, the chief executive officer directly owned 319,932 shares of the company’s stock, valued at approximately $48,703,248.36. This represents a 3.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary A. Coombe sold 3,535 shares of Procter & Gamble stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $152.23, for a total value of $538,133.05. Following the completion of the sale, the chief executive officer directly owned 34,816 shares in the company, valued at $5,300,039.68. This represents a 9.22% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 30,308 shares of company stock valued at $4,611,852. 0.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of PG. Painted Porch Advisors LLC lifted its stake in Procter & Gamble by 1.1% in the 3rd quarter. Painted Porch Advisors LLC now owns 14,386 shares of the company’s stock valued at $2,210,000 after acquiring an additional 150 shares in the last quarter. Saranac Partners Ltd acquired a new stake in shares of Procter & Gamble in the third quarter valued at approximately $30,000. Strategic Investment Solutions Inc. IL raised its holdings in shares of Procter & Gamble by 3.0% in the third quarter. Strategic Investment Solutions Inc. IL now owns 10,976 shares of the company’s stock valued at $1,686,000 after purchasing an additional 317 shares during the last quarter. Swiss Life Asset Management Ltd boosted its holdings in Procter & Gamble by 7.7% during the third quarter. Swiss Life Asset Management Ltd now owns 646,288 shares of the company’s stock worth $99,302,000 after purchasing an additional 45,989 shares during the last quarter. Finally, Innova Wealth Partners grew its position in Procter & Gamble by 24.1% in the third quarter. Innova Wealth Partners now owns 5,414 shares of the company’s stock valued at $832,000 after purchasing an additional 1,051 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors.

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.