Procter & Gamble Draws Cramer Endorsement as JPMorgan Lifts Target After Strong Quarter
The consumer-products giant reported strong Q1 cash generation with hefty shareholder returns, leaving shares near the low end of its five-year valuation range.
Overview
- JPMorgan raised its Procter & Gamble price target to $165 from $163 while maintaining a Neutral rating following fiscal Q1 2026 results.
- The company reported $4.8 billion in net earnings and $5.4 billion in operating cash flow for the quarter.
- P&G returned $3.8 billion to shareholders, including $2.55 billion in dividends and $1.25 billion in share repurchases.
- Jim Cramer called P&G “the best of the best” and urged investors to buy the stock, citing CFO Andre Schulten’s remarks on resilient performance.
- Shares yield roughly 2.8% with payouts increased for 69 consecutive years, and the stock trades at under 22 times this year’s earnings as some coverage touts AI names for higher upside.