Royal Bank Of Canada Cuts Procter & Gamble (NYSE:PG) Price Target to $166.00

Procter & Gamble (NYSE:PG) had its target price reduced by Royal Bank Of Canada from $167.00 to $166.00 in a report issued on Tuesday morning, Marketbeat.com reports. They currently have an outperform rating on the stock.

Other equities research analysts have also issued reports about the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research note on Monday, September 21st. Jefferies Financial Group raised their target price on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Barclays upped their price target on Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Citigroup dropped their price objective on Procter & Gamble from $181.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. cut their price objective on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Fourteen equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average target price of $161.70.

Procter & Gamble Price Performance

NYSE:PG opened at $150.60 on Tuesday. The company has a 50-day moving average of $145.82 and a 200-day moving average of $146.04. The company has a market capitalization of $349.79 billion, a price-to-earnings ratio of 22.75, a PEG ratio of 3.67 and a beta of 0.39. Procter & Gamble has a 52 week low of $137.62 and a 52 week high of $167.25. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68.

Procter & Gamble (NYSE:PG) last posted its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $21.38 billion. During the same quarter in the previous year, the firm posted $1.48 earnings per share. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities research analysts anticipate that Procter & Gamble will post 6.98 earnings per share for the current fiscal year.

Procter & Gamble Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were paid a $1.0885 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s payout ratio is currently 65.71%.

Insider Activity at Procter & Gamble

In other news, CAO Matthew 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 completion of the sale, the chief accounting officer directly owned 1,271 shares in the company, valued at approximately $184,600.04. This trade represents a 22.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Marc Pritchard sold 4,030 shares of Procter & Gamble stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $143.79, for a total value of $579,473.70. Following the completion of the transaction, the insider directly owned 187,001 shares of the company’s stock, valued at $26,888,873.79. This represents a 2.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 15,135 shares of company stock valued at $2,189,970. 0.23% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Procter & Gamble

A number of institutional investors and hedge funds have recently made changes to their positions in PG. Cowa LLC lifted its position in shares of Procter & Gamble by 2.4% during the 4th quarter. Cowa LLC now owns 2,985 shares of the company’s stock valued at $428,000 after buying an additional 70 shares during the last quarter. KLCM Advisors Inc. grew its stake in shares of Procter & Gamble by 0.9% during the 1st quarter. KLCM Advisors Inc. now owns 7,890 shares of the company’s stock worth $1,140,000 after acquiring an additional 70 shares during the period. Midwest Professional Planners LTD. increased its holdings in Procter & Gamble by 2.6% in the 2nd quarter. Midwest Professional Planners LTD. now owns 2,799 shares of the company’s stock worth $410,000 after acquiring an additional 70 shares during the last quarter. Legacy Solutions LLC raised its stake in Procter & Gamble by 3.8% in the 2nd quarter. Legacy Solutions LLC now owns 1,928 shares of the company’s stock valued at $283,000 after acquiring an additional 71 shares during the period. Finally, Yarger Wealth Strategies LLC raised its stake in Procter & Gamble by 1.7% in the 2nd quarter. Yarger Wealth Strategies LLC now owns 4,142 shares of the company’s stock valued at $609,000 after acquiring an additional 71 shares during the period. 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: Analyst upgrade supports the shares: Evercore ISI upgraded PG to “outperform” and set a $166 price target, citing potential for the stock to perform better through the remainder of 2026. The broader analyst consensus remains “Moderate Buy,” with an average target of $161.70. Analyst upgrade article
• Positive Sentiment: Dividend and defensive characteristics remain attractive: P&G has increased its dividend for 70 consecutive years. Its approximately 2.9% yield and stable portfolio of household brands may appeal to income-focused investors, particularly during periods of market uncertainty. Dividend stocks article
• Positive Sentiment: Management continues to identify avenues for growth: Despite only 1.5% year-over-year revenue growth in the latest quarter, management has outlined a specific opportunity to expand sales, giving investors a potential catalyst beyond P&G’s mature core categories. P&G growth opportunity article
• Neutral Sentiment: Upcoming investor events may provide additional direction: P&G’s October 13 virtual annual meeting and upcoming earnings report are in focus. Investors will be watching for updates on growth, fiscal 2027 guidance and capital allocation. Annual meeting and earnings article
• Neutral Sentiment: Brand and marketing initiatives continue: P&G announced a McLaren Formula 1 partnership in Asia Pacific and launched Pantene’s Cream to Mist leave-in treatment. These efforts could support consumer engagement, but their near-term financial impact is unclear. P&G McLaren partnership article
• Negative Sentiment: Near-term growth remains a concern: Analysts expect upcoming quarterly earnings to decline on a year-over-year basis. P&G’s latest revenue also trailed estimates, reinforcing concerns about limited volume growth and a premium valuation.
• Neutral Sentiment: Insider sales appear administrative: CEO Paul Gama and director Susan Street Whaley sold shares, with the CEO’s transaction attributed to tax withholding on vested equity awards. The sales are therefore a limited bearish signal. P&G insider sales article

Procter & Gamble Company Profile

The Procter & Gamble Company (NYSE: PG) is a consumer products company that develops, manufactures and markets branded products used in households and personal care routines. Its portfolio includes products in categories such as beauty, grooming, health care, fabric and home care, and family care.

Major brands associated with Procter & Gamble include Pampers, Tide, Gillette, Head & Shoulders, Pantene, Oral-B, Crest, Olay, Old Spice, Febreze, Mr. Clean, Swiffer and Bounty. The company sells its products through retailers, e-commerce platforms and other distribution channels.

Founded in Cincinnati, Ohio, in 1837 by William Procter and James Gamble, the company has grown into a global consumer goods business serving customers in markets around the world.