Procter & Gamble (NYSE:PG) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Procter & Gamble (NYSE:PGFree Report) from a neutral rating to an overweight rating in a research report sent to investors on Friday, MarketBeat.com reports. They currently have $165.00 target price on the stock, up from their previous target price of $157.00.

Other equities research analysts have also issued reports about the company. Bank of America dropped their target price on Procter & Gamble from $180.00 to $174.00 and set a “buy” rating on the stock in a research report on Wednesday, October 8th. UBS Group decreased their target price on shares of Procter & Gamble from $176.00 to $161.00 and set a “buy” rating for the company in a research report on Wednesday, January 14th. Jefferies Financial Group raised Procter & Gamble from a “hold” rating to a “buy” rating and lifted their price target for the company from $156.00 to $179.00 in a report on Tuesday, December 16th. Dbs Bank upgraded Procter & Gamble from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Monday, December 29th. Fourteen analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $166.70.

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Procter & Gamble Trading Up 0.2%

NYSE PG opened at $150.19 on Friday. The firm has a market capitalization of $350.95 billion, a PE ratio of 22.25, a price-to-earnings-growth ratio of 5.08 and a beta of 0.39. Procter & Gamble has a one year low of $137.62 and a one year high of $179.99. The company has a 50-day simple moving average of $144.72 and a 200-day simple moving average of $150.49. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.51 and a current ratio of 0.72.

Procter & Gamble (NYSE:PGGet Free Report) last issued its earnings results on Thursday, January 22nd. The company reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.02. The company had revenue of $22.21 billion during the quarter, compared to the consensus estimate of $22.36 billion. Procter & Gamble had a return on equity of 32.10% and a net margin of 19.30%.Procter & Gamble’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.88 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts forecast that Procter & Gamble will post 6.91 earnings per share for the current year.

Procter & Gamble Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Friday, January 23rd will be paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, January 23rd. Procter & Gamble’s dividend payout ratio is currently 62.67%.

Insider Activity

In related news, CAO Matthew W. Janzaruk sold 725 shares of the stock in a transaction on Thursday, October 30th. The stock was sold at an average price of $149.57, for a total transaction of $108,438.25. Following the completion of the sale, the chief accounting officer directly owned 979 shares in the company, valued at approximately $146,429.03. This trade represents a 42.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Procter & Gamble

Large investors have recently made changes to their positions in the business. MOKAN Wealth Management Inc. boosted its stake in Procter & Gamble by 13.7% in the second quarter. MOKAN Wealth Management Inc. now owns 15,319 shares of the company’s stock valued at $2,442,000 after acquiring an additional 1,846 shares during the period. Czech National Bank lifted its holdings in shares of Procter & Gamble by 3.8% in the 3rd quarter. Czech National Bank now owns 594,914 shares of the company’s stock worth $91,409,000 after purchasing an additional 21,825 shares during the last quarter. Vega Investment Solutions boosted its position in Procter & Gamble by 1.3% during the 2nd quarter. Vega Investment Solutions now owns 638,400 shares of the company’s stock valued at $101,710,000 after purchasing an additional 8,500 shares during the period. Westerkirk Capital Inc. acquired a new position in Procter & Gamble during the 2nd quarter valued at approximately $4,796,000. Finally, Caliber Wealth Management LLC KS grew its stake in Procter & Gamble by 36.2% during the 2nd quarter. Caliber Wealth Management LLC KS now owns 17,798 shares of the company’s stock worth $2,836,000 after buying an additional 4,730 shares during the last quarter. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble News Summary

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

About Procter & Gamble

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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.

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Analyst Recommendations for Procter & Gamble (NYSE:PG)

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