Raymond James Financial Issues Pessimistic Forecast for Procter & Gamble (NYSE:PG) Stock Price

Key Points

• Raymond James cut its price target on Procter & Gamble to $170 from $175 but maintained an "outperform" rating, implying roughly an 18.8% upside from the current share price.
• PG reported a slight quarterly EPS beat ($1.88 vs. $1.86) with steady margins and 1.5% revenue growth, supporting the view of resilient cash flow and dividend support.
• Insiders have been net sellers: Chairman Jon Moeller sold 162,232 shares and insiders sold a total of 348,618 shares (~$55.5M) in the last 90 days, reducing insider ownership to about 0.20%.

Procter & Gamble (NYSE:PG - Get Free Report) had its price target cut by Raymond James Financial from $175.00 to $170.00 in a report released on Tuesday,MarketScreener reports. The firm presently has an "outperform" rating on the stock. Raymond James Financial's target price indicates a potential upside of 18.80% from the company's current price.

PG has been the topic of several other research reports. Jefferies Financial Group upgraded Procter & Gamble from a "hold" rating to a "buy" rating and upped their price objective for the stock from $156.00 to $179.00 in a research report on Tuesday, December 16th. Rothschild & Co Redburn boosted their target price on shares of Procter & Gamble from $155.00 to $157.00 and gave the company a "neutral" rating in a research note on Friday, January 23rd. Barclays lowered their price target on shares of Procter & Gamble from $155.00 to $146.00 and set an "equal weight" rating on the stock in a report on Tuesday. Bank of America cut their price objective on shares of Procter & Gamble from $171.00 to $167.00 and set a "buy" rating for the company in a report on Friday. Finally, Wells Fargo & Company decreased their price objective on shares of Procter & Gamble from $177.00 to $158.00 and set an "overweight" rating for the company in a research report on Wednesday, April 8th. Twelve analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $163.16.

Procter & Gamble Price Performance

Shares of PG opened at $143.10 on Tuesday. The business's 50-day moving average is $152.85 and its two-hundred day moving average is $149.15. The company has a market capitalization of $332.56 billion, a P/E ratio of 21.29, a P/E/G ratio of 5.11 and a beta of 0.41. Procter & Gamble has a fifty-two week low of $137.62 and a fifty-two week high of $171.65. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.51 and a current ratio of 0.72.

Procter & Gamble (NYSE:PG - Get Free Report) last issued its quarterly earnings data on Friday, January 23rd. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.02. The business had revenue of $22.21 billion during the quarter, compared to analysts' expectations of $22.36 billion. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The company's revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.88 EPS. Research analysts predict that Procter & Gamble will post 6.91 earnings per share for the current year.

Insider Transactions at Procter & Gamble

In other Procter & Gamble news, Chairman Jon R. Moeller sold 162,232 shares of the stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $162.45, for a total transaction of $26,354,588.40. Following the transaction, the chairman directly owned 319,385 shares of the company's stock, valued at $51,884,093.25. This trade represents a 33.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Moses Victor Javier Aguilar sold 15,169 shares of the firm's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $162.28, for a total transaction of $2,461,625.32. Following the completion of the transaction, the insider directly owned 44,735 shares in the company, valued at $7,259,595.80. This represents a 25.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 348,618 shares of company stock worth $55,462,643 in the last ninety days. Company insiders own 0.20% of the company's stock.

Institutional Trading of Procter & Gamble

A number of institutional investors have recently made changes to their positions in PG. Norges Bank acquired a new stake in Procter & Gamble during the 4th quarter worth $4,664,783,000. Cardano Risk Management B.V. boosted its position in Procter & Gamble by 1,104.8% during the fourth quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company's stock worth $1,364,518,000 after acquiring an additional 8,731,126 shares during the last quarter. Auto Owners Insurance Co grew its stake in Procter & Gamble by 14,231.0% during the 4th quarter. Auto Owners Insurance Co now owns 3,549,645 shares of the company's stock valued at $508,700,000 after acquiring an additional 3,524,876 shares in the last quarter. Vanguard Group Inc. raised its holdings in Procter & Gamble by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company's stock valued at $34,030,358,000 after acquiring an additional 2,829,151 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in shares of Procter & Gamble by 100.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 5,460,939 shares of the company's stock worth $782,607,000 after purchasing an additional 2,741,924 shares during the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

More Procter & Gamble News

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

• Positive Sentiment: Analyst kept an Overweight rating despite trimming the target, signaling continued confidence in long-term fundamentals. The Procter & Gamble Company (PG) Price Target Cut by $5, ‘Overweight’ Rating Maintained
• Positive Sentiment: Recent quarterly results showed a small EPS beat ($1.88 vs. $1.86 consensus) and steady margins, supporting the view of resilient cash flow and dividend support. (company quarterly report)
• Neutral Sentiment: Peer-industry news: Conagra named a new CEO — sector leadership moves could alter competitive dynamics but are not directly material to PG’s core brands. Conagra Brands appoints former JM Smucker exec John Brase as CEO
• Negative Sentiment: Piper Sandler trimmed its price target to $142 (from $150) and kept a cautious stance, increasing near-term downside risk from analyst revisions. The Procter & Gamble Company (PG) A Top Consumer Defensive Stock Under Short-Term Pressure
• Negative Sentiment: Bank of America lowered its price target to $167, contributing to the cluster of downward revisions that pressure near-term sentiment. Bank of America Cuts Procter & Gamble NYSE: PG Price Target to $167.00
• Negative Sentiment: MarketWatch flagged that PG underperformed its competitors on Monday, reflecting weaker short-term trading momentum versus peers. Procter & Gamble Co. stock underperforms Monday when compared to competitors
• Negative Sentiment: Regulatory risk: Texas investigations into PFAS in consumer products have expanded across apparel and other consumer brands, and reporting notes the probe touches companies in PG’s sector — potential reputational/regulatory headwinds. Lululemon Stock Falls After Texas Opens PFAS Investigation Into Apparel

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.

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