Procter & Gamble (NYSE:PG) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Procter & Gamble (NYSE:PG) posted its earnings results on Friday. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03, FiscalAI reports. Procter & Gamble had a return on equity of 32.21% and a net margin of 19.30%.The firm had revenue of $21.24 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same period last year, the company earned $1.54 earnings per share. Procter & Gamble’s revenue for the quarter was up 7.4% compared to the same quarter last year. Procter & Gamble updated its FY 2026 guidance to 6.830-7.090 EPS.

Procter & Gamble Trading Up 2.4%

Shares of PG stock traded up $3.55 during trading on Friday, hitting $149.26. 6,689,237 shares of the stock traded hands, compared to its average volume of 10,966,772. The firm’s fifty day moving average price is $150.56 and its 200-day moving average price is $148.72. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. The firm has a market capitalization of $346.88 billion, a P/E ratio of 22.12, a price-to-earnings-growth ratio of 5.50 and a beta of 0.41. Procter & Gamble has a 52-week low of $137.62 and a 52-week high of $170.99.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be paid a $1.0885 dividend. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. The ex-dividend date of this dividend is Friday, April 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is currently 62.67%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on PG shares. Barclays decreased their target price on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 14th. JPMorgan Chase & Co. lowered their target price on shares of Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Royal Bank Of Canada cut their price target on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research note on Thursday, April 9th. Rothschild & Co Redburn raised their price objective on Procter & Gamble from $155.00 to $157.00 and gave the company a “neutral” rating in a report on Friday, January 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Friday, March 27th. Twelve equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has an average rating of “Moderate Buy” and an average target price of $162.37.

Key Procter & Gamble News

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

• Positive Sentiment: Q3 earnings beat and solid sales growth — P&G reported adjusted EPS above estimates and quarterly net sales up ~7% year-over-year, which helped lift the stock. P&G earnings beat (CNBC)
• Positive Sentiment: First volume growth in a year and demand for premium beauty products — management cited strength in beauty and recovering household volumes, signaling improving underlying demand. Volume growth and beauty strength (Invezz)
• Positive Sentiment: Company reaffirmed full-year FY26 guidance — management maintained its FY26 EPS range, which reassured investors that the beat is not being followed by a downward revision to guidance. Press release and guidance (BusinessWire)
• Neutral Sentiment: Brand and innovation recognition — P&G was named #1 in Household Products on Fortune’s Most Innovative Companies list, a longer‑term positive for brand strength but not an immediate earnings driver. Fortune innovation ranking (Yahoo Finance)
• Negative Sentiment: Near-term cost headwind from Middle East conflict — P&G flagged an estimated ~$150M hit to annual profit from higher input and logistics costs tied to the Iran/Middle East situation. Input cost hit (Reuters)
• Negative Sentiment: Analyst target trims and pressure on valuation — several firms have lowered price targets or adjusted estimates (BNP Paribas, BofA, others), reflecting concerns about higher resin/input costs and modest guidance positioning. Analyst target adjustments (MarketScreener)

Insider Activity at Procter & Gamble

In related news, insider Moses Victor Javier Aguilar sold 15,169 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $162.28, for a total value of $2,461,625.32. Following the completion of the sale, the insider directly owned 44,735 shares of the company’s stock, valued at $7,259,595.80. This represents a 25.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary A. Coombe sold 36,093 shares of the stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.33, for a total transaction of $5,858,976.69. Following the sale, the chief executive officer owned 34,994 shares of the company’s stock, valued at $5,680,576.02. This trade represents a 50.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 252,715 shares of company stock valued at $40,966,904 over the last ninety days. 0.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Procter & Gamble

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. grew its holdings in Procter & Gamble by 69.0% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 35,172 shares of the company’s stock worth $5,041,000 after acquiring an additional 14,357 shares during the period. Strive Financial Group LLC acquired a new position in Procter & Gamble during the fourth quarter worth about $1,849,000. Widmann Financial Services Inc. increased its holdings in Procter & Gamble by 3.3% in the fourth quarter. Widmann Financial Services Inc. now owns 14,954 shares of the company’s stock valued at $2,143,000 after buying an additional 471 shares in the last quarter. Blue Sparrow LLC DE purchased a new position in Procter & Gamble in the fourth quarter valued at about $15,606,000. Finally, Summit Global Investments lifted its position in shares of Procter & Gamble by 81.4% during the 4th quarter. Summit Global Investments now owns 12,478 shares of the company’s stock valued at $1,788,000 after acquiring an additional 5,599 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

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.