Procter & Gamble (NYSE:PG) Posts Earnings Results, Beats Expectations By $0.06 EPS

Key Points

• Procter & Gamble reported earnings of $1.48 per share, exceeding analysts' estimates of $1.42, with a quarterly revenue of $20.89 billion compared to the expected $20.79 billion.
• The company announced a quarterly dividend of $1.0568, representing a 2.69% yield, with a payout ratio of 67.14%.
• A recent insider transaction saw Moses Victor Javier Aguilar selling 10,520 shares, indicating a 29.47% reduction in their ownership of the stock.

Procter & Gamble (NYSE:PG - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.06, Zacks reports. The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.79 billion. Procter & Gamble had a return on equity of 32.56% and a net margin of 18.95%. Procter & Gamble's revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $1.40 EPS. Procter & Gamble updated its FY 2026 guidance to 6.830-7.090 EPS.

Procter & Gamble Stock Down 2.5%

Shares of PG stock traded down $3.88 during mid-day trading on Wednesday, hitting $152.73. The company's stock had a trading volume of 8,153,732 shares, compared to its average volume of 8,270,234. Procter & Gamble has a 52-week low of $151.90 and a 52-week high of $180.43. The business has a 50-day moving average price of $160.43 and a 200 day moving average price of $164.11. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.50 and a current ratio of 0.70. The stock has a market cap of $358.08 billion, a price-to-earnings ratio of 23.46, a PEG ratio of 4.47 and a beta of 0.40.

Procter & Gamble Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, July 18th will be paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.77%. The ex-dividend date is Friday, July 18th. Procter & Gamble's dividend payout ratio is currently 67.14%.

Insider Buying and Selling at Procter & Gamble

In other news, insider Moses Victor Javier Aguilar sold 10,520 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $158.67, for a total value of $1,669,208.40. Following the completion of the transaction, the insider owned 25,182 shares in the company, valued at $3,995,627.94. The trade was a 29.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.18% of the stock is owned by corporate insiders.

Institutional Trading of Procter & Gamble

A hedge fund recently raised its stake in Procter & Gamble stock. Brighton Jones LLC lifted its holdings in Procter & Gamble Company (The) (NYSE:PG - Free Report) by 51.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,068 shares of the company's stock after acquiring an additional 13,617 shares during the period. Brighton Jones LLC's holdings in Procter & Gamble were worth $6,717,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 65.77% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on PG. Royal Bank Of Canada upgraded Procter & Gamble from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $164.00 to $177.00 in a research report on Friday, April 25th. Truist Financial dropped their price target on Procter & Gamble from $185.00 to $180.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Piper Sandler lifted their price target on Procter & Gamble from $160.00 to $164.00 and gave the company a "neutral" rating in a research report on Monday, May 5th. JPMorgan Chase & Co. restated a "neutral" rating and set a $170.00 price target (down from $178.00) on shares of Procter & Gamble in a research report on Friday, July 25th. Finally, Morgan Stanley set a $180.00 price target on Procter & Gamble and gave the company an "overweight" rating in a research report on Friday, April 25th. Nine equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $175.71.

About Procter & Gamble

Procter & Gamble Co engages in the provision of branded consumer packaged goods. It operates through the following segments: Beauty, Grooming, Health Care, Fabric and Home Care, and Baby, Feminine and Family Care. The Beauty segment offers hair, skin, and personal care. The Grooming segment consists of shave care like female and male blades and razors, pre and post shave products, and appliances.