Procter & Gamble (NYSE:PG) Issues Earnings Results

Procter & Gamble (NYSE:PG) announced its quarterly earnings results on Thursday. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11, FiscalAI reports. The firm had revenue of $23.28 billion for the quarter, compared to the consensus estimate of $22.80 billion. Procter & Gamble had a net margin of 18.23% and a return on equity of 31.02%. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.99 earnings per share.

Here are the key takeaways from Procter & Gamble’s conference call:

• Q1 organic sales rose 4.0%, with volume up 2.4 points and all 10 product categories and six regions posting growth. North American volume improved 3 points, while Greater China organic sales increased 8%.
• Market-share trends improved, with more than 70% of P&G’s top U.S. customers holding or growing share, up from less than 10% in the first half of fiscal 2026. Global aggregate share was flat, and 29 of the top 50 category-country combinations held or gained share.
• Profitability remains pressured by inflation, freight, energy, and raw-material costs. Core gross margin declined 150 basis points and operating margin fell 80 basis points, while the company raised its expected fiscal-year after-tax cost headwind to approximately $1.4 billion.
• P&G maintained fiscal 2027 guidance for organic sales growth of 1%-3%, core EPS growth of 0%-3% ($6.89-$7.11), and free-cash-flow productivity of 85%-90%. Management expects roughly 3% organic growth in the first half, followed by potential acceleration in the second half, but cautioned that consumer demand, oil prices, currencies, and geopolitical conditions could create quarter-to-quarter volatility.
• Productivity initiatives are beginning to provide structural leverage through supply-chain automation, digitization, restructuring, and more efficient brand investment. The company plans to return approximately $15 billion to shareholders in fiscal 2027 through dividends and share repurchases.

Procter & Gamble Price Performance

Shares of Procter & Gamble stock opened at $159.96 on Tuesday. Procter & Gamble has a 52-week low of $137.62 and a 52-week high of $167.25. The stock has a market capitalization of $370.75 billion, a price-to-earnings ratio of 23.34, a price-to-earnings-growth ratio of 4.00 and a beta of 0.39. The company has a fifty day moving average of $148.38 and a 200-day moving average of $148.47. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.53 and a current ratio of 0.72.

Procter & Gamble Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Friday, October 23rd will be given a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s dividend payout ratio (DPR) is presently 65.51%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on PG. Evercore upgraded shares of Procter & Gamble from an “in-line” rating to an “outperform” rating and set a $166.00 price target for the company in a research report on Tuesday, October 6th. TD Cowen raised their price target on Procter & Gamble from $150.00 to $166.00 and gave the company a “hold” rating in a report on Friday. Citigroup lifted their price target on Procter & Gamble from $180.00 to $187.00 and gave the company a “buy” rating in a research report on Friday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $161.00 target price on shares of Procter & Gamble in a research note on Thursday. Finally, BNP Paribas Exane lifted their target price on shares of Procter & Gamble from $177.00 to $189.00 and gave the company an “outperform” rating in a research report on Friday. Fifteen equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $170.57.

Insider Activity

In other news, insider Marc Pritchard sold 4,030 shares of Procter & Gamble stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $143.79, for a total value of $579,473.70. Following the transaction, the insider owned 187,001 shares in the company, valued at approximately $26,888,873.79. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Balaji Purushothaman sold 4,181 shares of the stock in a transaction dated Friday, October 23rd. The shares were sold at an average price of $160.71, for a total value of $671,928.51. Following the sale, the insider owned 11,296 shares of the company’s stock, valued at $1,815,380.16. This represents a 27.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 58,647 shares of company stock valued at $9,268,508. Company insiders own 0.23% of the company’s stock.

Procter & Gamble News Summary

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

• Positive Sentiment: Exchange-traded funds purchased approximately $82.8 million of PG stock on October 22, indicating institutional demand and potentially providing support for the shares. ETFs Bought $82.8 Million of Procter & Gamble
• Positive Sentiment: Several analysts remain constructive: JPMorgan raised its price target, while TD Cowen, BNP Paribas Exane and Citigroup reportedly forecast further appreciation. Freedom Broker also upgraded PG to Buy. JPMorgan Price Target Increase TD Cowen Forecast
• Positive Sentiment: Investment commentary highlights PG’s strong household-product market shares and appeal as a high-yield, defensive dividend stock—factors that may attract income-oriented investors. High-Yield Dividend Stock Comparison
• Neutral Sentiment: Articles comparing PG with Colgate-Palmolive and discussing TIPS, Treasury bills and dividend stocks reinforce PG’s defensive and income-investment appeal, but provide limited new company-specific information. PG Versus CL
• Negative Sentiment: Higher oil prices could raise manufacturing, packaging, transportation and other costs. Unless offset by pricing or productivity gains, this would pressure PG’s margins and earnings outlook. Impact of Higher Oil Prices
• Negative Sentiment: Insiders reported notable selling: Shailesh Jejurikar sold 35,000 shares worth about $5.7 million, while other executives sold shares as well. These transactions are not necessarily bearish, but the reductions in ownership can create a modest sentiment overhang. SEC Insider Filing

Procter & Gamble Company Profile

Procter & Gamble Company (NYSE: PG) is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio includes personal health and grooming products, beauty and skin care items, baby, feminine and family care products, fabric and home care products, and oral care products.

The company’s well-known brands include Pampers, Tide, Gillette, Crest, Oral-B, Head & Shoulders, Pantene, Olay, Old Spice, Dawn, Febreze and Mr.