Procter & Gamble (NYSE:PG) Updates FY 2026 Earnings Guidance

Key Points

• Procter & Gamble updated its FY 2026 earnings guidance, projecting earnings per share (EPS) between $6.830 and $7.100, while revenue guidance is set at $85.1 billion to $88.5 billion.
• The company announced a quarterly dividend of $1.0568 per share, with a dividend yield of 2.8% and a payout ratio of 64.82%.
• Analysts have expressed a mixed outlook on Procter & Gamble's stock, with price targets being adjusted downwards by several brokerages, reflecting shifts in market sentiment.

Procter & Gamble (NYSE:PG - Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 6.830-7.100 for the period, compared to the consensus estimate of 6.970. The company issued revenue guidance of $85.1 billion-$88.5 billion, compared to the consensus revenue estimate of $86.9 billion.

Procter & Gamble Stock Performance

Shares of NYSE:PG opened at $152.20 on Friday. Procter & Gamble has a 52-week low of $146.96 and a 52-week high of $180.43. The stock has a market cap of $356.22 billion, a price-to-earnings ratio of 23.38, a PEG ratio of 4.04 and a beta of 0.36. The company has a quick ratio of 0.49, a current ratio of 0.70 and a debt-to-equity ratio of 0.49. The business has a 50-day moving average price of $154.69 and a 200-day moving average price of $158.44.

Procter & Gamble (NYSE:PG - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.06. Procter & Gamble had a return on equity of 32.69% and a net margin of 18.95%.The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.79 billion. During the same period last year, the business posted $1.40 earnings per share. The company's revenue for the quarter was up 1.7% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. Equities analysts predict that Procter & Gamble will post 6.91 EPS for the current year.

Procter & Gamble Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 17th. Stockholders of record on Friday, October 24th will be paid a $1.0568 dividend. This represents a $4.23 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, October 24th. Procter & Gamble's dividend payout ratio (DPR) is presently 64.82%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PG. Wells Fargo & Company reduced their price target on Procter & Gamble from $173.00 to $170.00 and set an "overweight" rating for the company in a research report on Thursday, September 25th. JPMorgan Chase & Co. reduced their price target on Procter & Gamble from $170.00 to $163.00 and set a "neutral" rating for the company in a research report on Friday, October 10th. Evercore ISI reiterated an "in-line" rating and set a $170.00 price target (down from $190.00) on shares of Procter & Gamble in a research report on Monday, July 14th. Barclays reduced their price target on Procter & Gamble from $164.00 to $153.00 and set an "equal weight" rating for the company in a research report on Wednesday, October 1st. Finally, Berenberg Bank lifted their price target on Procter & Gamble from $152.00 to $154.00 and gave the company a "hold" rating in a research report on Wednesday, September 17th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Procter & Gamble currently has an average rating of "Moderate Buy" and a consensus price target of $171.68.

Insider Buying and Selling at Procter & Gamble

In other news, CEO Gary A. Coombe sold 10,194 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $158.16, for a total transaction of $1,612,283.04. Following the completion of the transaction, the chief executive officer directly owned 34,978 shares of the company's stock, valued at $5,532,120.48. This represents a 22.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Marc S. Pritchard sold 9,849 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $157.27, for a total value of $1,548,952.23. Following the transaction, the insider directly owned 182,422 shares of the company's stock, valued at approximately $28,689,507.94. The trade was a 5.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 149,763 shares of company stock worth $23,421,279. 0.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in Procter & Gamble in the 2nd quarter valued at $70,000. Binnacle Investments Inc raised its stake in Procter & Gamble by 7.0% in the 2nd quarter. Binnacle Investments Inc now owns 1,097 shares of the company's stock valued at $175,000 after purchasing an additional 72 shares during the last quarter. Garden State Investment Advisory Services LLC acquired a new position in Procter & Gamble in the 2nd quarter valued at $200,000. Lantern Wealth Advisors LLC acquired a new position in Procter & Gamble in the 2nd quarter valued at $206,000. Finally, Darwin Wealth Management LLC acquired a new position in Procter & Gamble in the 2nd quarter valued at $218,000. 65.77% of the stock is owned by institutional investors and hedge funds.

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.

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