Procter & Gamble zvyšuje dividendu již 70 let po sobě; volné peněžní toky ve fiskálním roce 2026 vzrostly o 8 % na 15,1 mld. USD a pokryly dividendové výplaty ve výši 10,2 mld. USD.
Procter & Gamble (PG -1.97%), one of the world's largest consumer staple companies, has raised its dividend annually for 70 consecutive years. That makes it a Dividend King, an elite company that has raised its payout for at least 50 straight years.
Today, P&G's forward yield of 2.6% might not seem impressive compared to the 10-Year Treasury's 5% yield. But over the past 10 years, P&G delivered a total return of nearly 150% with dividends reinvested. Over the past 30 years, it generated a total return of 1,310%. Let's see why P&G consistently grew and why its resilience will matter during the next market crash.
Image source: Getty Images.
Why is P&G a resilient stock?
Over the past seven decades, the U.S. has experienced ten official recessions. Yet P&G resisted those downturns because it sells essential household and personal care products.
P&G shrunk its portfolio from around 180 brands in 2014 to 65 today. Roughly 20 of those brands -- including Tide, Downy, Dawn, Cascade, Pampers, Luvs, Tampax, Bounty, Charmin, Head & Shoulders, Pantene, Olay, SK-II, Crest, Oral-B, Vicks, Pepto-Bismol, and Gillette -- generate more than $1 billion in annual sales.
$161.26-$3.24 (-1.97%)
NYSE · As of 2:12 PM ET 10/23/26
By streamlining its business and focusing on those higher-growth brands, P&G steadily grew its organic sales and core EPS. But over its past few fiscal years (which ended in July of each calendar year), its top- and bottom-line growth cooled off.
Period
FY 2022
FY 2023
FY 2024
FY 2025
FY 2026
Organic Sales Growth
7%
7%
4%
2%
1%
Core EPS Growth
3%
2%
12%
4%
1%
Data source: P&G. (Fiscal year ends in July of the calendar year)
Like many of its industry peers, P&G attributed that slowdown to inflationary headwinds for consumer spending. It's raised its prices to offset slowing volume, but it still struggled to grow in China and North America as macro headwinds intensified.
However, P&G's free cash flow (FCF) still grew 8% to $15.1 billion in fiscal 2026 and easily covered its $10.2 billion in dividend payments. It spent another $5.0 billion on share buybacks during the year, returning over 100% of its FCF to its investors.
For fiscal 2027, P&G expects its organic sales to rise 1%-3% and its core EPS to grow 0%-3%. It plans to pay out over $10 billion in dividends and spend another $5 billion on buybacks. That stabilization should be driven by additional price hikes, the premiumization of its classic brands (Pampers, Pantene, Tide, and Gain), and its growth in China and Latin America.
At $160, P&G trades at 23 times the midpoint of its core EPS forecast for fiscal 2027. That multiple is a bit high relative to its growth potential, but it could maintain that premium valuation as long as rising rates and yields drive investors toward defensive stocks. It should also easily recover from the next market crash.
Axxcess Wealth Management ve třetím čtvrtletí snížila svůj podíl ve společnosti Procter & Gamble o 38 % prodejem 33 301 akcií; na konci období držela 54 418 akcií v hodnotě 7,906 mil. USD.
Axxcess Wealth Management LLC trimmed its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 38.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 54,418 shares of the company’s stock after selling 33,301 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Procter & Gamble were worth $7,906,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Ellis Investment Partners LLC grew its holdings in Procter & Gamble by 0.7% during the 3rd quarter. Ellis Investment Partners LLC now owns 8,816 shares of the company’s stock valued at $1,281,000 after buying an additional 64 shares in the last quarter. Clark Wealth Partners lifted its holdings in shares of Procter & Gamble by 20.6% in the third quarter. Clark Wealth Partners now owns 387 shares of the company’s stock worth $56,000 after buying an additional 66 shares in the last quarter. KLCM Advisors Inc. lifted its holdings in shares of Procter & Gamble by 0.9% in the first quarter. KLCM Advisors Inc. now owns 7,890 shares of the company’s stock worth $1,140,000 after buying an additional 70 shares in the last quarter. Midwest Professional Planners LTD. lifted its holdings in shares of Procter & Gamble by 2.6% in the second quarter. Midwest Professional Planners LTD. now owns 2,799 shares of the company’s stock worth $410,000 after buying an additional 70 shares in the last quarter. Finally, Legacy Solutions LLC boosted its position in shares of Procter & Gamble by 3.8% in the second quarter. Legacy Solutions LLC now owns 1,928 shares of the company’s stock valued at $283,000 after acquiring an additional 71 shares during the period. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Insiders Place Their Bets In related news, CFO Andre Schulten sold 3,914 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $145.34, for a total value of $568,860.76. Following the sale, the chief financial officer directly owned 65,618 shares of the company’s stock, valued at $9,536,920.12. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Matthew Janzaruk sold 359 shares of Procter & Gamble stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $145.24, for a total transaction of $52,141.16. Following the sale, the chief accounting officer owned 1,271 shares of the company’s stock, valued at approximately $184,600.04. The trade was a 22.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 15,135 shares of company stock valued at $2,189,970 over the last three months. Corporate insiders own 0.23% of the company’s stock.
Procter & Gamble Price Performance Shares of NYSE PG opened at $156.97 on Thursday. The firm has a market capitalization of $364.58 billion, a P/E ratio of 23.71, a P/E/G ratio of 3.96 and a beta of 0.39. The company has a quick ratio of 0.47, a current ratio of 0.68 and a debt-to-equity ratio of 0.43. The stock’s 50-day simple moving average is $147.65 and its two-hundred day simple moving average is $146.83. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. Procter & Gamble (NYSE:PG – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. The firm had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.
Procter & Gamble Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 23rd will be given a $1.0885 dividend. This represents a $4.35 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, October 23rd. Procter & Gamble’s dividend payout ratio is 65.71%.
Analysts Set New Price Targets PG has been the subject of several recent analyst reports. Jefferies Financial Group boosted their price objective on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Bank of America decreased their target price on shares of Procter & Gamble from $170.00 to $166.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Barclays increased their target price on shares of Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Citigroup increased their target price on shares of Procter & Gamble from $170.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, October 9th. Finally, BMO Capital Markets raised their price target on shares of Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Fourteen investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $162.20.
Check Out Our Latest Stock Report on Procter & Gamble
Procter & Gamble News Roundup Here are the key news stories impacting Procter & Gamble this week:
Positive Sentiment: Procter & Gamble’s dividend remains a key support for the stock. The company recently recorded its 70th consecutive annual dividend increase, reinforcing its appeal to income-focused investors, particularly while interest rates remain elevated. The Ultimate Dividend Growth Stock to Buy With $100 Right Now Positive Sentiment: Royal Bank of Canada reaffirmed its “outperform” rating and maintained a $166 price target, implying additional upside from the referenced trading level. Benzinga analyst-rating report Neutral Sentiment: Investors are comparing PG’s dependable profitability and cash flow from essential household products with higher-risk consumer brands such as Nike. This supports PG’s defensive profile but does not provide a new earnings catalyst. Nike vs. Procter & Gamble Negative Sentiment: Procter & Gamble expects only 1% to 3% organic sales growth, raising concerns that the company’s large brands may be struggling to generate stronger underlying demand. Procter & Gamble Expects 1% to 3% Organic Growth Negative Sentiment: The earnings preview identifies a central risk: recovering product volumes could be offset by pricing headwinds, potentially limiting revenue growth and margins. Procter & Gamble Earnings Preview Negative Sentiment: Options-market activity indicates traders are positioned for PG shares to decline following the earnings release, reflecting elevated near-term uncertainty. Barchart Earnings Analysis Procter & Gamble Profile (Free Report)
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.
See Also Five stocks we like better than Procter & Gamble GM Beat and Added a $20 Billion Buyback—Why Did the Stock Fall? Intercepting Growth: Karman Secures $218M Lockheed Martin Deal Tech Stocks Took a Hit—These 2 Pharma Stocks Are Near New Highs Chip Stocks Have Pulled Back—Here’s How 3 Semiconductor ETFs Stack Up for Investors Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).
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Procter & Gamble očekává, že náklady na suroviny, energie a přepravu sníží zisk ve fiskálním roce 2027 o 1,4 miliardy USD místo dříve odhadované 1 miliardy USD.
Procter & Gamble (PG.N) on Thursday warned that rising raw material, energy and freight costs would take a bigger bite out of annual profit, even as resilient demand for its beauty and home-care products helped first-quarter sales beat estimates.
The Tide detergent and Pantene shampoo maker now expects those costs to reduce fiscal 2027 profit by about $1.4 billion, up from its previous estimate of $1 billion.
Pressures from high commodity costs are expected to increase over the next two quarters, P&G CFO Andre Schulten said on a call with the media.
P&G’s results offer an early test of whether resilient US consumer spending can withstand another bout of inflation, as higher fuel and food costs squeeze household budgets and push shoppers towards cheaper alternatives.
Commodity inflation has emerged as a growing concern across industries, from consumer goods giants to airlines, as volatility in oil prices following the US war on Iran drives up fuel and transportation costs.
While P&G topped quarterly estimates, it maintained its fiscal 2027 forecasts for organic sales growth of 1% to 3% and core earnings of roughly $7 per share.
"That is really a reflection of rising commodity prices in most companies, inability to continue to pass along increased input costs, which will likely cut into margins," said Art Hogan, chief market strategist at B. Riley Wealth.
HIGHER COSTS SQUEEZE MARGINS
P&G's core operating margin fell 80 basis points in the quarter ended September 30 despite 250 basis points of productivity savings, including efforts to streamline its supply chain under new CEO Shailesh Jejurikar.
Higher fuel prices have pushed up transportation and freight costs for packaged-goods companies, while a shortage of truck drivers on some routes has added to the pressure, a P&G spokesperson told Reuters.
US retail diesel prices hit a record $6 a gallon in September following the U.S. war in Iran and have remained elevated.
P&G is negotiating with suppliers and optimizing transportation routes to contain costs while continuing to invest in product innovation, the spokesperson said.
VOLUMES HOLD STEADY
First-quarter net sales rose 4% to $23.28 billion, beating analysts' estimates of $22.80 billion, according to data compiled by LSEG. Its shares rose about 2% in premarket trading.
Volumes increased in P&G's beauty business, helped by demand for higher-priced hair-care products as consumers continued to spend on self-care despite pressure on household budgets from higher fuel and food costs.
Overall volumes rose 2.4%, while prices increased about 0.4% in the three months through September.
Swiss packaged-goods maker Nestle (NESN.S) also topped estimates for organic sales growth on Thursday, helped by stronger volumes.
The company reported first-quarter core earnings of $2 per share, above analysts' estimate of $1.88.
In August, P&G said it would buy supplements maker Thorne as it sought to tap growing demand for health and wellness products.
Procter & Gamble on Thursday reported quarterly earnings and revenue that beat analysts' expectations, fueled by growing demand for its laundry detergent and home care products.
Shares of the company rose more than 2% in premarket trading.
Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:
Earnings per share: $2.00 adjusted vs. $1.88 expectedRevenue: $23.3 billion vs. $22.8 billion expectedP&G reported fiscal first-quarter net income attributable to the company of $4.73 billion, or $1.97 per share, down from $4.75 billion, or $1.95 per share, a year earlier.
Excluding restructuring costs and other items, the company earned $2 per share.
Net sales rose 4% to $23.3 billion.
P&G reported volume growth of 2.4%, a strong start for its new fiscal year. Like many consumer companies, P&G has seen demand for its products weaken as shoppers have become more value conscious.
Executives have previously said that consumers are now using every last drop of shampoo or laundry detergent, and value packs have become more popular. In fiscal 2026, P&G reported just one quarter of volume growth.
P&G is still seeing signs of a bifurcated economy, CFO Andre Schulten said on CNBC's "Squawk Box" on Thursday. High-income consumers are willing to trade up to new products, even a $30 shampoo, while low-income consumers are trying to make brands like Tide and Pampers work for their tight budgets.
The company has tried to address both ends of the spectrum with promotional pricing, new pack sizes and product innovation that can command higher prices.
P&G's top performing division was fabric and home care, which includes brands like Tide and Febreze. The segment's volume rose 4.3% in the quarter.
The company's baby, feminine and family care segment and its beauty business both reported volume growth of more than 2%.
P&G's grooming division saw volume shrink 0.4% in the quarter. The segment includes Gillette and Venus razors.
The company's health care business was the laggard of the portfolio this quarter. Its volume fell 2.9% as demand for oral health care products, like Crest toothpaste, and personal health care items, like Pepto-Bismol, shrank.
The company is expecting continued "geopolitical and economic challenges," but P&G is on track to meet its guidance, CEO Shailesh Jejurikar said in a statement.
For fiscal 2027, P&G reiterated its forecast for core earnings per share in a range of $6.89 to $7.11. The company is now projecting all-in sales growth in the range of 2% to 4% compared with the prior year, up from its prior outlook of 1% to 3%. The change reflects its acquisition of supplements brand Thorne, which closed on Oct. 1.
Retirees chasing inflation protection face a genuine dilemma: one option guarantees a real return backed by the U.S. Treasury, while the other has raised its payout for 70 straight years but leaves every payment up to a corporate board vote.
Treasury Inflation-Protected Securities (TIPS) carry real yields of 2.52% on the five-year maturity and 2.74% on the 10-year, according to the Treasury real yield curve for Oct. 16, 2026. Each figure is above inflation, and inflation has been running hot. Consumer prices rose about 3.7% in the 12 months through September 2026. That leaves Procter & Gamble (NYSE:PG | PG Price Prediction) facing an awkward comparison: its latest dividend increase came to 3%.
How TIPS Work, From Auction to Maturity
A TIPS is a Treasury note or bond with principal that moves with inflation. In the IRS’s words, these securities “pay interest twice a year at a fixed rate, based on a principal amount adjusted to take into account inflation and deflation.” The coupon rate is set at auction and stays the same for the life of that bond. The principal is what moves. When the Consumer Price Index for All Urban Consumers (CPI-U) rises, the principal rises with it, and each semiannual interest payment grows because the same fixed rate now applies to a larger balance. If prices fall, the principal shrinks and so do the payments.
The real yield is the yield above inflation that the market is pricing in today. The 2.52% and 2.74% figures are market quotes for one date, and they change every trading day. You only lock in a real yield by buying a specific TIPS at that price and holding it until maturity.
You can buy TIPS at Treasury auctions through TreasuryDirect or a brokerage, or buy existing issues on the secondary market through a broker. At maturity, Treasury pays back either the inflation-adjusted principal or the original principal, whichever is larger, so a period of deflation cannot push the final payment below face value.
The full faith and credit of the U.S. government stands behind the interest and principal payments. That backing does nothing for the market price before maturity. If real yields rise after you buy, the bond’s price falls, and selling early can lock in a loss. There is also reinvestment risk: when a TIPS matures, the real yield on offer for its replacement may be lower. The inflation adjustment follows CPI-U, which may not match a retiree’s actual spending, especially on healthcare.
Dividend Safety Comes First: P&G Against a TIPS Coupon
A higher yield means little if the payment is at risk, so safety comes first. P&G has raised its dividend for 70 consecutive years and paid one for 136. In fiscal 2026, it generated $19.56 billion in operating cash flow and $15.84 billion in free cash flow (up 12.74%), against over $10 billion in dividends. Trailing 12-month dividends of $4.2906 per share come to roughly 62% of fiscal 2026 core EPS of $6.89. That ratio leaves room for both the payout and reinvestment in the business.
The pressure is real all the same. Fiscal 2027 guidance calls for core EPS of $6.89 to $7.11, which includes a roughly $1 billion after-tax hit from raw materials, energy, and transportation and assumes Brent crude at $90 a barrel. Organic sales were flat in the fiscal fourth quarter. Management’s answer is pricing power through product upgrades: “Our plan assumes that we continue to price with innovation.” With earnings growth forecast this low, future dividend increases will likely stay modest.
The next quarterly payment of $1.0885 per share goes out on Nov. 16, 2026, to holders of record on Oct. 23, 2026. Based on the annualized dividend of $4.354 and the $157.47 share price on Oct. 19, 2026, the forward dividend yield is about 2.76%. That is a nominal starting yield with no inflation adjustment built in, and it says nothing about where the share price goes. The stock was up 9.61% over the past year and down 1.18% in Monday trading.
A Dividend Can Be Cut, While a TIPS Payment Is Owed
A TIPS interest payment is a legal obligation of the U.S. Treasury. P&G’s board votes on every dividend, one quarter at a time. Seventy years of increases is a powerful track record, but it does not bind the board, and a severe earnings shock could lead to a freeze or a cut. A retiree counting on dividend income takes on business risk that a TIPS holder avoids.
A Dividend Can Outrun Inflation, While TIPS Only Track It
TIPS are built to match CPI-U and add the real yield on top. They will never beat inflation by more than that. A dividend can. P&G’s quarterly payout rose from $1.0065 in October 2024 to $1.0885 in October 2026, an increase of about 8.1%. Over roughly the same period, CPI-U rose about 6.9%, from 315.301 in September 2024 to 336.940 in September 2026. The most recent year shows the other side: a 3% raise fell short of 3.7% inflation. Dividend growth keeps pace with prices only over long periods, and only when earnings cooperate.
If building income you never have to sell to collect is the appeal, that is the whole idea behind a dividend ladder (we laid out how to construct one, step by step, in a free guide here: Never Touch the Principal).
For context, Social Security’s cost-of-living adjustment for 2027 is 3.6%, so most retirees already have one income stream linked to inflation. Last week’s edition covered I bonds, which carry a composite rate of 4.26% for the period May 1 through Oct. 31, 2026.
Taxes Can Decide Which Income Keeps Up
TIPS: Interest is taxed as ordinary income at the federal level and is exempt from state and local income tax. The catch is the inflation adjustment. Under Treasury regulations, an inflation adjustment “is taken into account for each taxable year in which the debt instrument is outstanding,” and a positive adjustment counts as original issue discount (26 CFR 1.1275-7(d)(4)(i) and (iii)). In plain terms, you owe tax every year on the growth in principal, even though you don’t receive that money until the bond matures or is sold. In a high-inflation year, the tax on this so-called phantom income can take a large share of the cash interest. Deflation adjustments work in reverse and reduce the interest you report. Holding TIPS in an IRA or 401(k) avoids the annual mismatch.
P&G dividends: Qualified dividends are added to net capital gain under 26 U.S.C. § 1(h)(11)(A), so they are taxed at the lower long-term capital gains rates instead of ordinary income rates. To qualify, you must hold the shares for more than 60 days during the 121 days around the ex-dividend date, under 26 U.S.C. § 1(h)(11)(B)(iii)(I). You pay tax only on cash actually received, so there is no phantom income, but dividends are generally subject to state income tax. In a taxable account, that favorable federal rate often outweighs the TIPS state tax exemption. For residents of high-tax states, the exemption narrows the difference.
Who Each Option Suits
TIPS suit retirees who need a guaranteed inflation-adjusted floor for spending in specific years, who can hold each bond to maturity, and who have room in an IRA or 401(k) to avoid the phantom-income tax. P&G suits retirees with a long horizon and a taxable account who can tolerate share-price swings, want income that has historically grown faster than prices over multiyear periods, and accept that the board decides every payment. A retiree whose income need is fixed and close at hand fits the first profile—one who can wait out a weak year or two fits the second.
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When the topic of dividend stocks is brought up, some of the most common names to be mentioned are consumer staples giants Coca-Cola (KO -0.47%) and Procter & Gamble (PG +0.59%). After all, they are both member of the Dividend Kings, an exclusive club that only includes companies that have boosted their payouts for 50 or more consecutive years.
The beverage giant has increased its payouts for 64 straight years, while the household and personal goods conglomerate has hiked its dividend payout for 70 consecutive years. At its current share price, Coca-Cola's dividend yields 2.2%, while Procter &Gamble's yields 2.7%.
Quietly in the background, however, is another company paying a dividend that outyields both of those: Nike (NKE +1.16%). Currently, Nike's payout yields a hefty 4.4%, offering a nice stream of income. That said, look deeper into that yield and you'll see there's definitely a catch.
Image source: The Motley Fool.
On the surface, receiving a quarterly dividend of $0.41 per share on a stock that trades as of this writing at $37.13 per share looks like a favorable proposition. For a hypothetical example, owning 1,000 shares of Nike would provide quarterly income of $410, or an annualized payout of $1,640.
However, that high yield is the result of Nike's declining stock price, which makes it a symptom of wider problems. Nike is in the midst of attempting a turnaround -- one that was needed because it had fallen behind on innovation, wasn't keeping up with changing consumer tastes, and had made what turned out to be a strategic blunder: It pivoted its focus to selling products directly to customers via its own channels, rather than having them more widely available through the retail chains it had previously partnered with.
NKE Nike$37.64+$0.43 (+1.16%)
NYSE · As of 11:31 AM ET 10/20/26
Current CEO Elliott Hill took over in October 2024 with a mandate to get the company back on track, but Nike is still figuring things out, as evidenced by its most recent quarterly results. In its fiscal 2027 first quarter, it reported revenue of $11.2 billion, which was a 4% decline from the prior-year period. Net income was down 2% to $712 million. In addition, Nike is guiding for its revenue for the fiscal year to decline by a high-single-digit percentage. Thus far in 2026, the stock price has reflected Nike's struggles, dropping 41.6%. And it's been even tougher for shareholders who've held on for a long time, with Nike's stock price dropping 76.7% over the past five years.
That's why, despite being a relatively high-yielding stock, I would avoid investing in Nike for now. The value of those dividend payouts is likely to be negated by a declining stock price, as there are few apparent near-term catalysts that could produce a rebound. And while the company has raised its payouts for 24 straight years, its last hike -- a $0.01 per share quarterly boost in late 2025 -- was smaller than usual. And if sales keep dropping, that could raise questions about whether the dividend payouts are sustainable or not. For reliable income and stable stock prices, I would consider owning shares of Coca-Cola and Procter & Gamble instead.
Picking reliability over higher yields
As the maker of everyday essentials found in homes across the world, from Crest toothpaste to Tide detergent, Procter & Gamble is one of the ultimate defensive stocks. While people may cancel subscriptions or cut back on eating out during difficult economic times, they aren't going to stop brushing their teeth or doing their laundry. While the company is staying in its lane, it's also providing upgrades and new product collections, and was also recognized by Fortune as the "Most Innovative Household Products Company" in 2026.
PG Procter & Gamble$158.62+$0.93 (+0.59%)
NYSE · As of 11:30 AM ET 10/20/26
It seems like more investors are appreciating its defensive nature and reliability; P&G's shares are up 11.1% so far this year. While that slightly lags the S&P 500's 11.8%, P&G isn't known for its stock price appreciation, so that's relatively strong performance for the company, paired with a dividend that boosts its total returns.
Coca-Cola also isn't known for its stock price appreciation anymore, but it has handily outperformed the S&P 500 this year, with shares up 34.3%. It's finding success by offering twists within its traditional soda portfolio, with unit case volume growing 16% for its Coca-Cola Zero Sugar line in the second quarter. Unit case volume for its water, sports, coffee, and tea portfolios also grew by a combined 6%.
KO Coca-Cola$92.98-$0.44 (-0.47%)
NYSE · As of 11:32 AM ET 10/20/26
While Nike is struggling to recapture lost market share, Procter & Gamble and Coca-Cola are keeping their focus on what they do best and still keeping up with changing consumer tastes. Their business models are reliable, which is how they earned their positions as Dividend King titles -- and why shareholders can keep counting on their quarterly payouts.
Procter & Gamble vyplácí čtvrtletní dividendu ve výši 1,0885 USD na akcii; její dividendový výnos činí 2,8 %. Ve fiskálním roce skončeném 30. června pokryl volný peněžní tok ve výši 15,1 mld. USD dividendy v objemu 10,2 mld. USD.
The Nasdaq-100 index is known for including large technology companies like Apple (AAPL -0.15%) and Nvidia (NVDA +1.38%). These growth companies have provided strong gains over the years. However, its stocks tend to be more volatile.
For investors seeking less volatile price swings with reliable dividend income, look no further than Procter & Gamble (PG -1.04%). The shares have a dividend yield of 2.8%, more than five times the Nasdaq-100's 0.5%. It's also nearly three times higher than the S&P 500 index's 1% yield.
Here's a closer look at the company to see why dividend investors should strongly consider Procter & Gamble's shares.
Image source: Getty Images.
Impressive history Procter & Gamble doesn't appear to operate an exciting business. It sells products like shampoos, razors, deodorants, toothpastes, detergents, and diapers. However, it has popular brands with high market shares, such as Head & Shoulders, Tide, Gillette, and Pampers.
Selling these types of products also makes the company's results resilient to economic cycles. That's because people need them, no matter what's going on with their personal financial situation.
In fact, you'd be hard-pressed to find a company with as impressive a dividend history as Procter & Gamble. It has made payments for 136 years and raised them for 70 straight years. That makes the company a Dividend King, a group of companies that have increased dividends for at least 50 straight years.
Most recently, the board of directors approved a solid 3% hike to April's payment. Procter & Gamble currently pays a $ 1.0885-per-share quarterly dividend.
Streak set to continue Of course, an impressive dividend history doesn't mean much if a company can't afford to continue paying and raising payments. Fortunately, Procter & Gamble's ability to pay dividends isn't in question.
One look at the company's cash flow tells you all that you need to know. For the latest fiscal year, which ended on June 30, Procter & Gamble generated free cash flow of $15.1 billion. That easily covered the company's $10.2 billion in dividends.
PG Procter & Gamble$157.69-$1.66 (-1.04%)
NYSE · As of 4:00 PM ET 10/19/26
Free cash flow is an important measure since it's operating cash flow minus capital expenditures. Put another way, it's the amount of cash the company produces from operating the business, less the amount expended for investing in long-term assets.
With a relatively high dividend yield, a long history of dividend increases, and plenty of cash flow to support payments, Procter & Gamble has earned a place in the portfolios of investors seeking dividend-paying stocks.
Analytici očekávají, že společnost Procter & Gamble vykáže čtvrtletní EPS ve výši 1,89 USD, což představuje meziroční pokles o 5 %, při tržbách 22,7 miliardy USD, meziročně vyšších o 1,4 %.
The upcoming report from Procter & Gamble (PG - Free Report) is expected to reveal quarterly earnings of $1.89 per share, indicating a decline of 5% compared to the year-ago period. Analysts forecast revenues of $22.7 billion, representing an increase of 1.4% year over year.
The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some P&G metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Net Sales- Beauty' will reach $4.31 billion. The estimate indicates a change of +4% from the prior-year quarter.
Analysts forecast 'Net Sales- Grooming' to reach $1.83 billion. The estimate points to a change of +0.5% from the year-ago quarter.
The average prediction of analysts places 'Net Sales- Corporate' at $242.87 million. The estimate indicates a change of +0.4% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Sales- Fabric & Home Care' of $7.93 billion. The estimate suggests a change of +1.7% year over year.
Analysts' assessment points toward 'Net Sales- Baby, Feminine & Family Care' reaching $5.16 billion. The estimate indicates a year-over-year change of -0.2%.
It is projected by analysts that the 'Net Sales- Health Care' will reach $3.27 billion. The estimate indicates a change of +1.5% from the prior-year quarter.
Analysts predict that the 'Organic Sales Growth (YoY change) - Beauty' will reach 3.8%. Compared to the current estimate, the company reported 6.0% in the same quarter of the previous year.
The consensus estimate for 'Organic Sales Growth (YoY change) - Grooming' stands at 0.5%. The estimate compares to the year-ago value of 3.0%.
The combined assessment of analysts suggests that 'Earnings before income taxes- Beauty' will likely reach $1.08 billion. The estimate is in contrast to the year-ago figure of $1.13 billion.
Analysts expect 'Earnings before income taxes- Grooming' to come in at $546.79 million. The estimate is in contrast to the year-ago figure of $585.00 million.
According to the collective judgment of analysts, 'Earnings before income taxes- Health Care' should come in at $927.58 million. Compared to the present estimate, the company reported $937.00 million in the same quarter last year.
Based on the collective assessment of analysts, 'Earnings before income taxes- Fabric & Home Care' should arrive at $1.99 billion. The estimate compares to the year-ago value of $2.04 billion.
View all Key Company Metrics for P&G here>>>
P&G shares have witnessed a change of +8.9% in the past month, in contrast to the Zacks S&P 500 composite's +1.5% move. With a Zacks Rank #3 (Hold), PG is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Společnost Procter & Gamble by měla za čtvrtletí končící v září 2026 vykázat zisk na akcii ve výši 1,89 USD, což představuje meziroční pokles o 5 %, při tržbách 22,7 mld. USD.
Wall Street expects a year-over-year decline in earnings on higher revenues when Procter & Gamble (PG - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on October 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis world's largest consumer products maker is expected to post quarterly earnings of $1.89 per share in its upcoming report, which represents a year-over-year change of -5%.
Revenues are expected to be $22.7 billion, up 1.4% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.05% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for P&G?For P&G, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.46%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that P&G will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that P&G would post earnings of $1.41 per share when it actually produced earnings of $1.43, delivering a surprise of +1.42%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
P&G doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Akcionáři Procter & Gamble na valné hromadě schválili všech 12 kandidátů do představenstva, auditora i odměňování vrcholového vedení a zamítli tři akcionářské návrhy.
Does Lemonade’s Growth Signal Profits Ahead?Procter & Gamble NYSE: PG shareholders elected all 12 director nominees and approved the company’s auditor appointment and executive compensation plan at the company’s 2026 annual meeting, while rejecting three shareholder proposals.
Shailesh Jejurikar, P&G’s chairman, president and chief executive officer, said the company delivered organic sales and core earnings-per-share growth within its initial guidance ranges despite what he described as a volatile geopolitical, macroeconomic and consumer environment.
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The September Scramble: Find Sanctuary in These 3 Defensive Dividend StocksFor the fiscal year, P&G reported organic sales growth of more than 1% and 1% growth in core earnings per share. On a currency-neutral basis, core EPS was in line with the prior year. Adjusted free cash flow productivity was 100%, Jejurikar said.
The company said top-line performance improved sequentially, with organic sales growth moving from one point in the first half of the year to two points in the second half. Nine of 10 product categories and all geographic regions held or increased organic sales during the year, while aggregate global value and volume share trends improved in the second half and exited the year roughly flat.
These 3 Stock Charts Just Flashed the Dreaded Death Cross PatternP&G returned more than $15 billion to shareholders during the fiscal year, including more than $10 billion in dividends and $5 billion in share repurchases, Jejurikar said. The company increased its dividend 3%, marking its 70th consecutive annual dividend increase and its 136th consecutive year of dividend payments.
Dividend Declaration and Voting Results The board declared a quarterly dividend of $1.0885 per share, payable on or after Nov. 16, 2026, to common shareholders of record at the close of business on Oct. 23, 2026. Preferred shareholders of record at the start of business on Oct. 23 will also receive the dividend.
Shareholders approved the election of directors, ratified Deloitte & Touche LLP as P&G’s independent registered public accounting firm, and approved the company’s advisory “Say on Pay” vote on executive compensation.
Three shareholder proposals failed:
A proposal from The Accountability Board seeking to lower the ownership threshold for shareholders to call a special meeting to 15% from 25%. A National Legal and Policy Center proposal seeking a policy to maintain existing eligibility thresholds for shareholders submitting proposals, regardless of potential regulatory changes. A Bahnsen Family Trust proposal requesting annual reporting on charitable contributions. P&G’s board had recommended votes against each shareholder proposal. Susan Whaley, P&G’s chief legal officer and secretary, said final voting results would be reported in a Form 8-K filing with the Securities and Exchange Commission.
Strategy, Innovation and Portfolio Expansion Jejurikar said P&G does not view its recent relative performance as requiring a change in its core strategy. Instead, he said the company is adapting its execution to respond to media fragmentation, changes in the retail landscape and the cumulative impact of inflation.
The company identified four execution interventions: building a deeper consumer-first mindset, transforming brand-building to reduce the path from awareness to purchase, developing holistic retailer partnerships, and pursuing a “stronger core and bigger more” approach to brands and innovation.
Jejurikar cited North American laundry as an example, saying P&G upgraded Tide product lines while launching Tide evo detergent tiles and continuing innovation on Downy Unstopables beads. He said the company is also using connected consumer data to generate insights and accelerate technology development.
Chief Financial Officer Andre Schulten said P&G does not currently foresee a stock split. He said fractional-share investing has made P&G shares accessible at a range of prices, while a stock split would not change the company’s fundamental value and could add administrative costs.
Jejurikar also discussed P&G’s recent acquisition of Thorne, describing the performance and wellness brand as a strategic opportunity in beauty and health. He said Thorne has a loyal consumer base, a portfolio of vitamins, minerals and supplements, healthcare-professional endorsements, attractive margins and a strong top-line growth profile.
Tariffs, Manufacturing and Sustainability Jejurikar said the net impact of tariffs in fiscal 2026 was a $250 million pretax cost, included within a $1.2 billion commodity, foreign-exchange and interest headwind. He said the situation involving Canadian tariffs continued to evolve and that the company would provide more detail during its earnings call later in the month.
The CEO said more than 85% of products P&G sells in the U.S. are made in the U.S. Manufacturing locations are selected based on proximity to consumers and customers, raw-material availability, capacity and cost, he said.
On packaging, Jejurikar said 80% of P&G consumer packaging is designed to be recyclable or reusable, compared with 55% in 2018. The company has reduced virgin petroleum plastic use in consumer packaging by 24% versus 2018, he said, while noting that further progress depends partly on broader supply-chain and recycling infrastructure.
Jejurikar said P&G is applying artificial intelligence in consumer insights, brand building, innovation, supply-chain operations and everyday work. He characterized AI as an “amplifier of human potential” and said the company is focused on helping employees develop skills for an AI-enabled future.
About Procter & Gamble (NYSE:PG)The Procter & Gamble Company NYSE: PG is a consumer products company that develops, manufactures and markets branded products used in households and personal care routines. Its portfolio includes products in categories such as beauty, grooming, health care, fabric and home care, and family care.
Major brands associated with Procter & Gamble include Pampers, Tide, Gillette, Head & Shoulders, Pantene, Oral-B, Crest, Olay, Old Spice, Febreze, Mr. Clean, Swiffer and Bounty. The company sells its products through retailers, e-commerce platforms and other distribution channels.
Founded in Cincinnati, Ohio, in 1837 by William Procter and James Gamble, the company has grown into a global consumer goods business serving customers in markets around the world.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Procter & Gamble uzavřel poslední obchodní den na 148,41 USD, což představuje nárůst o 1,69 % oproti předchozí seanci, zatímco index S&P 500 vzrostl o 0,58 %.
Procter & Gamble (PG - Free Report) closed the most recent trading day at $148.41, moving +1.69% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.49%, and the technology-dominated Nasdaq saw an increase of 0.45%.
Shares of the world's largest consumer products maker have depreciated by 0.34% over the course of the past month, outperforming the Consumer Staples sector's loss of 4.89%, and lagging the S&P 500's gain of 0.84%.
The investment community will be paying close attention to the earnings performance of Procter & Gamble in its upcoming release. The company is slated to reveal its earnings on October 22, 2026. The company is predicted to post an EPS of $1.89, indicating a 5.03% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $22.68 billion, indicating a 1.33% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $6.98 per share and revenue of $88.67 billion. These totals would mark changes of +1.31% and +1.88%, respectively, from last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Procter & Gamble. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.04% downward. Procter & Gamble is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Procter & Gamble is presently being traded at a Forward P/E ratio of 20.9. This valuation marks a premium compared to its industry average Forward P/E of 19.41.
We can additionally observe that PG currently boasts a PEG ratio of 3.62. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Consumer Products - Staples industry had an average PEG ratio of 2.46 as trading concluded yesterday.
The Consumer Products - Staples industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 195, positioning it in the bottom 21% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
PG v Číně znovu získala první místo v oblasti Baby Care po šesti čtvrtletích dvouciferného organického růstu tržeb. Organické tržby v Greater China vzrostly o 4 %.
Key Takeaways PG's China Baby Care returned to No. 1 after six straight quarters of double-digit organic sales growth.Premium diapers and silk materials are helping Pampers improve softness, comfort and skin protection.PG gained nearly 5 points of China Baby Care value share, while Greater China organic sales rose 4%. The Procter & Gamble Company’s (PG - Free Report) Baby Care business in China is showing a notable recovery, supported by premium and super-premium innovation tailored to local consumer preferences. The company has focused on delivering stronger product performance around softness, comfort, dryness and skin protection, while also improving how those benefits are communicated to consumers. These efforts have helped strengthen the Pampers proposition in a market where consumers have become more selective about value and product efficacy. The improvement is especially important because China has been a difficult market for PG in recent years, making the latest Baby Care momentum a meaningful part of the company’s broader recovery in the region.
The progress is visible in the numbers. PG said its China Baby Care business has delivered double-digit organic sales growth in each of the past six quarters and gained nearly 5 points of value share over that period. The business has also returned to the No. 1 position in China Baby Care, while Greater China organic sales increased 4% in the latest quarter. A key contributor has been innovation in premium diapers, including products using silk materials designed to improve skin comfort and protection. The company also noted that Baby Care has become one of the strongest-performing categories within its China portfolio, helping support broader share gains in the market.
Looking ahead, sustaining this momentum will depend on PG’s ability to keep raising the innovation bar while maintaining a strong value proposition for increasingly discerning Chinese consumers. The company is emphasizing noticeable product performance, premiumization and stronger execution across both physical stores and digital channels. Procter & Gamble has already highlighted that its China recovery is becoming more broad-based from a channel perspective, with improving positions in offline retail, pure-play e-commerce and social-commerce platforms. If Baby Care continues to gain users through differentiated innovation and stronger consumer engagement, the category could remain an important driver of the company’s China growth momentum in fiscal 2027.
Church & Dwight Growth vs. Colgate’s Brand StrengthChurch & Dwight’s (CHD - Free Report) volume-led growth and Colgate-Palmolive’s (CL - Free Report) pricing, innovation and category leadership highlight resilient momentum across the consumer staples space.
Church & Dwight is seeing stronger underlying momentum following its strategic portfolio actions, with volume-led organic growth and margin expansion supporting performance. In the second quarter of 2026, organic sales advanced 5.8%, including 5.1% growth in the Domestic business and 9.1% growth internationally. Adjusted gross margin expanded 40 basis points to 45.4%, while cash from operations increased 24.3%. Reflecting stronger-than-expected trends, CHD raised its 2026 organic sales growth outlook to 4%-5% from 3%-4% and now expects adjusted gross margin expansion of 100-120 basis points. Continued brand investment, productivity and international expansion remain important drivers of its growth trajectory.
Colgate continues to benefit from broad-based organic growth, strong pricing execution and improving volume trends, supported by its focus on premium, science-led innovation and higher brand investment. In the second quarter of 2026, organic sales increased 2.4%, while organic volume rose 0.8%. Growth remained particularly strong in Latin America and Asia Pacific, while North America stayed under pressure. Gross margin expanded 140 basis points to 61.5%, aided by productivity savings and pricing, while base business EPS increased 8%. CL also maintained its global leadership in toothpaste and manual toothbrushes, with year-to-date market shares of 41.3% and 32.7%, respectively.
PG’s Price Performance, Valuation & EstimatesProcter & Gamble’s shares have lost 1.5% in the past three months compared with the industry’s 2.4% fall.
Image Source: Zacks Investment Research
From a valuation standpoint, PG trades at a forward price-to-earnings ratio of 20.62X compared with the industry’s average of 18.34X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PG’s fiscal 2026 and 2027 EPS indicates year-over-year growth of 1.5% and 6.2%, respectively. The company’s EPS estimates for fiscal 2026 and 2027 have remained stable in the past seven days.
Image Source: Zacks Investment Research
Procter & Gamble currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Procter & Gamble čeká ve fiskálním roce 2027 protivítr do zisku po zdanění ve výši 1,4 miliardy USD, tedy asi 8 % core EPS za fiskální rok 2026. Firma zároveň varuje, že v 1. čtvrtletí fiskálního roku 2027 EPS klesne o 5 % nebo více.
Key Takeaways PG expects a $1.4 billion after-tax earnings headwind in fiscal 2027, equal to about 8% of 2026 core EPS.Procter & Gamble sees fiscal Q1 EPS falling 5% or more as cost pressures peak in the first half.PG delivered $2.8 billion in pretax productivity gains in fiscal 2026 to help offset rising cost pressures. The Procter & Gamble Company (PG - Free Report) enters fiscal 2027 with a greater focus on balancing pricing with volume growth as it navigates a challenging consumer environment and elevated costs. In fiscal 2026, organic sales increased 1%, with pricing contributing one point, while volume was up modestly for the fiscal year. However, momentum remained limited in the fourth quarter, when volume rounded down to flat and pricing and mix were neutral.
Pricing can provide a near-term lift to sales, particularly when backed by strong brands, product innovation and perceived value. However, sustained volume growth remains important for PG, as higher unit sales can provide a broader and more durable foundation for revenue growth. At the same time, continued price increases may put pressure on consumer affordability, potentially prompting shoppers to trade down, opt for private-label products or reduce purchase frequency.
Nevertheless, PG does not intend to rely solely on pricing to support growth. Management expects promotions to move toward pre-pandemic levels while continuing to drive price/mix. The company has been emphasizing innovation designed to support pricing while delivering stronger value to consumers. Management expects this approach to result in a more balanced contribution from volume, price and mix in fiscal 2027.
That said, PG’s diverse portfolio of leading brands, continued innovation, productivity initiatives and premium offerings should support growth. The company is also focused on enhancing consumer value through effective price-pack architecture while strengthening brand equity. Going forward, PG’s fiscal 2027 growth strategy is likely to emphasize innovation, volume recovery, disciplined pricing and productivity gains, reducing its reliance on pricing as the primary growth driver.
PG’s CompetitionColgate-Palmolive Company (CL - Free Report) is enhancing its operations to become more connected, efficient and resilient by leveraging digital technologies, data analytics, automation and stronger supplier collaboration. CL’s productivity initiatives are increasingly playing a critical role in supporting margins as it navigates persistent cost inflation and uneven category demand. With a diversified portfolio of everyday consumer essentials spanning multiple price points and a strong presence in faster-growing emerging markets, Colgate is well-positioned to drive sustainable growth and strengthen its competitive position.
The Clorox Company (CLX - Free Report) is implementing a streamlined operating model designed to simplify processes, lower costs and create a faster, more focused organization. CLX is optimizing its portfolio, increasing investments in innovation and brand building, and expanding its presence in the health and hygiene categories. These initiatives, supported by greater sourcing flexibility and adaptable business models, are helping Clorox manage cost inflation while advancing its strategic priorities and strengthening operational efficiency.
PG’s Price Performance, Valuation and EstimatesProcter & Gamble’s shares have gained 3% in the past six months compared with the industry’s 2% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, PG is trading at a forward price-to-earnings ratio of 20.67X compared with the industry’s average of 18.25X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PG’s fiscal 2027 and fiscal 2028 earnings per share (EPS) indicates year-over-year growth of 1.5% and 6.2%, respectively. The company’s EPS estimate for fiscal 2027 has moved south while that of fiscal 2028 has been stable in the past 30 days.
Segment Fabric & Home Care společnosti Procter & Gamble vykazuje první známky zlepšení, hlavně díky růstu Tide Original Liquid na vysoké jednociferné tempo. V Evropě ale zůstává konkurence tvrdá a Home Care dál slábne.
Key Takeaways Fabric Care improved in fiscal Q4 2026, while Home Care declined and Europe remained competitive.Tide original liquid shifted from declining sales to high-single-digit growth.Tide evo, fabric enhancers and Home Care innovation offer growth runway, though Europe remains a watchpoint. The Procter & Gamble Company’s (PG - Free Report) Fabric & Home Care business is showing early signs of improvement, although performance remains uneven across categories and geographies. In the fourth quarter of fiscal 2026, Fabric Care delivered organic sales in line to up low single digits, while Home Care declined. For the full fiscal year, however, both categories were in line to up low single digits. Management also highlighted a meaningful inflection in U.S. Fabric Care and improving share trends in China. Nevertheless, competition has intensified in European Fabric Care, making the restoration of competitiveness in that market an important near-term priority.
A major catalyst for renewed momentum is P&G’s stepped-up innovation across its core laundry franchises. The company completed its biggest upgrade to original Tide liquid detergent in more than two decades, materially improving product performance without raising the price. Since the launch, Tide original liquid has moved from declining sales to high-single-digit growth, exceeding management’s expectations. Meanwhile, Tide evo, a proprietary unit-dose format backed by more than 50 granted patents, is progressing toward national expansion with full-scale launch support planned for fiscal 2027. Home Care is also benefiting from innovation, with Mr. Clean’s expanded Magic Eraser platform and Shower & Tub scrubber helping the brand capture 18 times its fair share of bath-cleaning category growth since launch.
Looking ahead, the segment appears well positioned to regain momentum if these innovations translate into broader user and market-share gains. Management sees substantial runway in Fabric Care, noting that the category has delivered growth of more than 5% over the past decade, supported by double-digit growth in adjacencies such as fabric enhancers. P&G is increasingly focused on strengthening established propositions while expanding into incremental consumption occasions, with Tide evo and fabric enhancers cited as innovations capable of lifting category growth. Still, competitive pressure in Europe and recent softness in Home Care remain key watchpoints. Overall, stronger core product performance, premium innovation and expanding adjacencies provide a credible path toward improving Fabric & Home Care growth over fiscal 2027.
CL & CHD Lean on Innovation to Sustain Household-Care MomentumBoth Church & Dwight (CHD - Free Report) and Colgate-Palmolive (CL - Free Report) are leveraging innovation, brand strength and household-care demand to support growth amid competitive pressures.
Church & Dwight is showing encouraging momentum across its household portfolio, supported by healthy demand, innovation and sustained brand investment. Growth in the Consumer Domestic business has been aided by strength in brands such as ARM & HAMMER and OXICLEAN, with volume gains indicating resilient consumer demand. The company continues to invest in product improvements, marketing and distribution to reinforce its competitive position across laundry, cleaning and other household categories. While performance can vary across brands, a strong portfolio of value-oriented and differentiated products, coupled with continued innovation, should help Church & Dwight maintain momentum in its household business.
Colgate, meanwhile, continues to strengthen its Home Care business through innovation, premiumization and focused brand support. Categories such as fabric softeners and surface cleaners have been important contributors, reflecting consumer demand for products that offer improved performance and convenience. Colgate’s strong brand equity and broad global distribution network also provide a solid platform for expanding household-care offerings across markets. Continued productivity initiatives and disciplined investment in advertising and innovation should support further progress. However, uneven consumer demand and competitive intensity remain watchpoints, making sustained product differentiation and effective execution important for maintaining Home Care momentum.
PG’s Price Performance, Valuation & EstimatesProcter & Gamble’s shares have lost around 4.5% in the past six months compared with the industry’s 4.8% decline.
Image Source: Zacks Investment Research
From a valuation standpoint, PG trades at a forward price-to-earnings ratio of 20.5X compared with the industry’s average of 18.2X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PG’s fiscal 2026 and 2027 EPS indicates year-over-year growth of 1.5% and 6.2%, respectively. The company’s EPS estimates for fiscal 2026 and 2027 have remained stable in the past seven days.
Image Source: Zacks Investment Research
Procter & Gamble currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Procter & Gamble se obchoduje nad odvětvovým průměrem na 20,22násobku forward P/E (odvětví má 18,12násobku) a za tři měsíce oslabil o 4,5 %. Vyšší ocenění a tlak nákladů zvyšují opatrnost.
Key Takeaways Procter & Gamble trades at 20.22X forward P/E, above the industry's 18.12X and key peers.Shares fell 4.5% in three months, underperforming the industry, sector and S&P 500 over the same period.Cost pressures and soft growth temper innovation and productivity gains, favoring patience at current levels. The Procter & Gamble Company (PG - Free Report) continues to benefit from its strong market position, supported by ongoing productivity initiatives and a focus on cost efficiency. From a valuation standpoint, however, the stock presents a mixed picture. PG currently trades at a forward 12-month price-to-earnings (P/E) ratio of 20.22X, below its five-year median of 23.34X. Despite this discount to its historical valuation, the multiple remains above the Zacks Consumer Products – Staples industry average of 18.12X, indicating that the stock commands a premium relative to its peers.
A similar premium is evident on a price-to-sales (P/S) basis. Procter & Gamble’s P/S ratio of 3.73X stands well above the industry multiple of 2.22X. This relatively elevated valuation may limit the stock’s appeal for value-oriented investors, particularly given its Value Score of D. Taken together, these valuation metrics suggest that while PG is trading below its own historical P/E median, its premium relative to the industry warrants some caution at current levels.
Image Source: Zacks Investment Research
PG’s Premium Valuation Surpasses PeersAt a forward 12-month P/E multiple of 20.22X, Procter & Gamble trades at a notable premium to its peers, including The Clorox Company (CLX - Free Report) , Unilever PLC (UL - Free Report) and Albertsons Companies, Inc. (ACI - Free Report) .
Clorox, Unilever and Albertsons Companies currently trade at forward P/E multiples of 15.01X, 16.73X and 7.03X, respectively — all well below PG’s valuation. This wide valuation gap suggests that investors are assigning a sizable premium to Procter & Gamble, making the stock appear relatively expensive compared with these peers.
PG’s elevated valuation also implies that the market is pricing in strong expectations for its future performance. While its brand strength, scale and execution capabilities may support a premium multiple, the current valuation leaves less room for disappointment. Procter & Gamble will need to deliver sustained earnings growth and solid operating performance to justify this premium. Until then, the stock appears somewhat overvalued relative to its peer group.
Despite trading at a premium valuation, Procter & Gamble’s shares have remained under pressure in recent months. In the past three months, PG stock has lost 4.5% compared with a 2.3% decline for the broader industry. The stock has also underperformed the Zacks Consumer Staples sector, which fell 1.6%, as well as the S&P 500, which gained 1.9% in the same period.
PG’s 3-Month Performance
Image Source: Zacks Investment Research
Nevertheless, Procter & Gamble has fared better than some of its peers. Shares of Clorox and Albertsons Companies have declined 8.3% and 24.1%, respectively, in the past three months. However, PG has lagged Unilever, whose shares advanced 4.6% in the same period.
At its current share price of $142.97, PG trades 14.5% below its 52-week high of $167.25 and 3.9% above its 52-week low of $137.62. The stock is also trading below its 50-day and 200-day moving averages, pointing to continued weakness in near-term price momentum. Moving averages are widely used technical indicators that help assess prevailing stock-price trends and market momentum.
Procter & Gamble Trades Below 50 & 200-Day SMA
Image Source: Zacks Investment Research
PG’s Growth Drivers vs. Market ChallengesProcter & Gamble’s growth outlook is supported by its integrated strategy centered on product superiority, innovation, productivity and stronger consumer engagement. Management highlighted improving global share trends, broad-based organic sales growth across most categories and regions, and solid momentum in markets such as Greater China and Latin America.
The company is also strengthening its core brands through product upgrades while expanding into adjacent growth opportunities. Tide’s upgraded liquid detergent, Tide evo, premium Baby Care products in China and stronger digital commerce execution illustrate how PG is using innovation to drive user growth, category expansion and market-share gains.
At the same time, productivity remains a key enabler, allowing the company to fund brand investment, media, R&D and supply-chain capabilities while supporting profitability. Procter & Gamble is also scaling AI-enabled brand building, data-driven work processes and Supply Chain 3.0 to improve speed, execution and consumer reach.
However, the operating environment remains challenging. Management expects continued volatility across consumer demand, commodities, currencies, retail dynamics and geopolitics. Fiscal 2027 guidance assumes only 1-3% organic sales growth, with restructuring creating a 30-50 basis-point headwind.
Higher raw-material, energy, transportation and supply-chain costs are expected to create about $1 billion of after-tax pressure, while foreign exchange, interest expense and lower nonoperating income add further strain. Slower category growth in North America and Europe, rising promotional intensity and continued consumer value sensitivity also pose risks.
Procter & Gamble therefore needs sustained innovation, disciplined pricing and productivity gains to offset cost pressures and return to stronger, balanced growth in the coming fiscal year.
PG’s Estimate Revision TrendThe Zacks Consensus Estimate for Procter & Gamble’s fiscal 2027 EPS has moved down 0.3% in the past 30 days. Meanwhile, the consensus mark for fiscal 2028 EPS has been unchanged in the past 30 days.
For fiscal 2027, the Zacks Consensus Estimate for PG’s revenues and EPS implies year-over-year growth of 1.8% and 1.5%, respectively. The consensus mark for fiscal 2028 revenues and EPS indicates 2.7% and 6.2% growth year over year, respectively.
Image Source: Zacks Investment Research
How to Play PG Stock Now?Procter & Gamble’s premium valuation makes the stock relatively expensive compared with the broader industry and several key peers. Nevertheless, the elevated multiple also suggests that investors continue to place considerable confidence in the company’s strong brands, market position, innovation capabilities and long-term earnings potential, despite the recent weakness in its share price.
While productivity initiatives, portfolio strength and improving market-share trends remain encouraging, near-term growth is constrained by cost inflation, softer category growth, consumer value sensitivity and other macroeconomic uncertainties. Moreover, downward estimate revisions for fiscal 2027 warrant some caution.
Given this balance of solid underlying fundamentals and a demanding valuation, investors may prefer to retain their positions rather than chase the stock at current levels. Holding this Zacks Rank #3 (Hold) stock appears prudent until there is greater clarity on PG’s growth trajectory, margin recovery and ability to justify its premium valuation. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
These 3 Stock Charts Just Flashed the Dreaded Death Cross PatternProcter & Gamble NYSE: PG CFO Andre Schulten said the consumer products company does not need to overhaul its long-standing strategy, but is making broad operational changes intended to improve execution, accelerate growth and strengthen productivity.
Speaking at an investor conference, Schulten said P&G’s strategy remains centered on understanding consumers, delivering superior products in everyday-use categories and using productivity gains to fund innovation. The company’s focus is instead on changing “every piece of wiring under the hood” to diagnose performance issues faster and respond with greater agility.
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These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash“The art in the strategy is not the articulation,” Schulten said. “The art in the strategy is the consistent execution.”
Growth target remains 12 to 18 months away Schulten said P&G still expects to return the business to stronger growth within a 12-to-18-month period, despite continued headwinds including slower category growth, commodity costs and higher transportation costs.
Travelers Stock Surges 10% as Earnings Beat Reveals Underwriting DisciplineHe described enterprise markets as consistently growing in a 4% to 6% range. In China, P&G has gained share and posted five consecutive quarters of growth, with growth moving from low-single digits toward mid-single digits, he said. Europe’s market growth is about 1%, though P&G is gaining share there, according to Schulten.
In the U.S., he said category growth has stabilized at roughly 2%, while P&G is growing consumption at around 2.5%. He expects the current and next quarters to further solidify the company’s base before more consistent U.S. growth begins in the second half.
Schulten said P&G’s central U.S. objective is to return to 3% to 4% growth. He attributed recent volatility partly to a mismatch between retail inventory flows and slower underlying category growth. The company saw a three-point gap between sell-in and sell-out in the fourth quarter, but he said he was not seeing the same issue in the current quarter.
Technology investments target speed and productivity The CFO highlighted P&G’s use of data, automation and artificial intelligence to improve decision-making, innovation and operations. The company is making more data available across key performance indicators and using AI to analyze consumer data more quickly, he said.
Schulten said the company’s Supply Chain 3.0 initiative is in execution and includes automated quality measurement, inventory management, warehouse operations and unattended shifts. P&G expects the program to provide productivity benefits over the next five to 10 years, with additional global scaling over the next 24 months.
In research and development, he pointed to the company’s Molecular Discovery Suite, which uses AI to identify potential technologies more quickly. Schulten said P&G discovered two new molecules for its fabric-care business over the last decade, compared with six or seven over the past six months using the newer capabilities.
He also said P&G has brought content creation fully in-house and is using AI to create and deploy marketing content across platforms. The company expects its evolving media capabilities to become more visible over the next 12 to 18 months.
Customer-by-customer plans and pricing actions P&G has expanded its internal focus beyond category-country combinations to category-customer combinations in North America, where some individual retail customers are larger than markets in other regions. Schulten said the percentage of North American customer-brand combinations with plans to grow users and share increased from 7% at the beginning of the year to 50%, and he expects it to exceed 80% by the end of the calendar year.
The company has also taken targeted pricing and promotional actions. Schulten said P&G became more competitive in diapers and regained share, adjusted oral-care pricing and addressed pack-size-related price issues in the club channel for some family-care products.
“If you have a superiority issue and it is a value issue that is grounded in price or promotion, we will be competitive,” he said, while adding that pricing is not the company’s primary growth driver.
John Chevalier, P&G’s senior vice president of investor relations, said businesses are also reassessing media spending. In some cases, the company is shifting spending from longer-term awareness advertising toward more activation-oriented social media efforts after identifying areas where prior spending did not produce expected results.
China turnaround and Thorne acquisition Schulten cited China as an example of P&G’s turnaround approach. About two years ago, the company reduced its number of distributors, selected higher-capability partners, adjusted channel priorities, increased social and digital marketing, and made innovation and research more locally relevant.
Those actions helped P&G gain share both online and offline, he said, though the company still sees opportunities in oral care, OLAY mass skin care and fabric care.
Schulten also discussed P&G’s acquisition of Thorne, describing it as a bolt-on investment consistent with the company’s strategy of pursuing value-accretive beauty and health care acquisitions. He said Thorne has strong brand equity, doctor endorsement, ingredient quality and growth potential in the vitamins, minerals and supplements market.
According to Schulten, Thorne is growing 30% and has an EBITDA margin above 30%. He said P&G has not lowered its financial return requirements for acquisitions and sees opportunities to apply its supply chain capabilities, expand internationally and build the brand beyond its core health care supplements business.
About Procter & Gamble (NYSE:PG)Procter & Gamble Company is a global consumer products company that develops, manufactures and markets branded products used in households and personal care. Its portfolio spans beauty, grooming, health care, fabric and home care, and family care products.
The company's brands include Tide, Ariel, Downy, Dawn, Febreze, Bounty, Charmin, Pampers, Gillette, Oral-B, Crest, Head & Shoulders, Olay and Pantene. These products are sold through retailers, e-commerce platforms and other distribution channels.
Procter & Gamble was founded in Cincinnati in 1837 by William Procter and James Gamble.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Procter & Gamble čeká ve fiskálním roce 2027 kombinovaný zásah do čistého zisku po zdanění ve výši 1,4 miliardy USD, tedy asi 8 % core EPS za fiskální rok 2026. Firma zároveň varuje, že EPS v 1. čtvrtletí fiskálního roku 2027 klesne o 5 % nebo více.
Key Takeaways PG expects a $1.4 billion after-tax earnings headwind in fiscal 2027, equal to about 8% of 2026 core EPS.Procter & Gamble sees fiscal Q1 EPS falling 5% or more as cost pressures peak in the first half.PG delivered $2.8 billion in pretax productivity gains in fiscal 2026 to help offset rising cost pressures. The Procter & Gamble Company (PG - Free Report) continues to benefit from its well-established portfolio of consumer brands, extensive global presence and strong productivity and pricing initiatives. However, margin pressure remains a concern as the company contends with elevated raw material, energy and transportation costs.
PG expects an approximately $1 billion after-tax cost headwind in fiscal 2027, primarily due to higher raw material, energy and transportation costs, as well as other premiums stemming from the conflict in the Middle East. The estimate assumes an effective Brent crude oil price of around $90 per barrel, based on actual prices since March 2026 and futures contracts through February 2027. This assumption is intended to reflect the average oil price likely to flow through the company’s income statement during fiscal 2027 and is broadly in line with current spot prices.
Including foreign-exchange pressure, higher interest expense and lower non-operating income, the company anticipates a combined $1.4 billion after-tax earnings headwind in fiscal 2027, equivalent to about 8% of fiscal 2026 core earnings per share (EPS). The pressure was already visible in fiscal 2026. PG’s core gross margin declined 40 basis points, while core operating margin fell 70 basis points in fiscal 2026.
Although PG is taking decisive steps to offset these pressures through robust productivity initiatives, including $2.8 billion in pretax productivity improvements in fiscal 2026, the near-term outlook remains challenging. Management expects fiscal 2027 first-quarter EPS to decline 5% or more, with cost pressures likely to be most pronounced in the first half of the fiscal year. While profitability is expected to improve sequentially as the year progresses, persistent cost inflation, cautious consumer spending and geopolitical uncertainties could continue to weigh on margins.
Hence, despite PG’s solid long-term fundamentals, investors may prefer to remain cautious until productivity gains and business interventions begin to drive more meaningful improvements in profitability.
PG’s CompetitionColgate-Palmolive Company (CL - Free Report) is enhancing its operations to become more connected, efficient and resilient by leveraging digital technologies, data analytics, automation and stronger supplier collaboration. CL’s productivity initiatives are increasingly playing a critical role in supporting margins as it navigates persistent cost inflation and uneven category demand. With a diversified portfolio of everyday consumer essentials spanning multiple price points and a strong presence in faster-growing emerging markets, Colgate is well-positioned to drive sustainable growth and strengthen its competitive position.
The Clorox Company (CLX - Free Report) is implementing a streamlined operating model designed to simplify processes, lower costs and create a faster, more focused organization. CLX is optimizing its portfolio, increasing investments in innovation and brand building, and expanding its presence in the health and hygiene categories. These initiatives, supported by greater sourcing flexibility and adaptable business models, are helping Clorox manage cost inflation while advancing its strategic priorities and strengthening operational efficiency.
PG’s Price Performance, Valuation and EstimatesProcter & Gamble’s shares have gained 1.7% in the past three months compared with the industry’s 5% growth.
Image Source: Zacks Investment Research
From a valuation standpoint, PG is trading at a forward price-to-earnings ratio of 20.72X compared with the industry’s average of 18.66X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PG’s fiscal 2027 and fiscal 2028 earnings per share (EPS) indicates year-over-year growth of 1.5% and 6.2%, respectively. The company’s EPS estimate for fiscal 2027 has moved south while that of fiscal 2028 has increased in the past seven days.
Procter & Gamble se obchoduje asi 19 % pod maximy a nabízí se dividendový výnos 2,95 %. Firma má za sebou 136 let nepřetržité výplaty dividend a 70 let v řadě je zvyšuje.
Procter & Gamble (PG -0.33%) is one of the largest consumer staples, and investors can currently buy it at a discount, trading about 19% off its highs.
Even as the S&P 500 is up about 12% year to date, investors are not getting much income from index funds these days, with the S&P offering just a 1% yield. P&G yields close to 3%, and that dividend is backed by household brands people buy in any economy, which is why I'd feel comfortable buying the stock this month.
Image source: Getty Images.
A quality dividend stock P&G's quarterly dividend is $1.0885 per share, or $4.35 annualized. At today's $147.50 share price, the forward yield is 2.95% -- nearly three times the average stock in the S&P 500 index.
This is one of the most reliable dividend payers in the entire market. P&G has paid a dividend for 136 consecutive years and increased it for 70 straight years -- a track record few companies can match and one that has earned it the title Dividend King. It reflects steady sales and free cash flow from everyday essentials like Tide, Pampers, Crest, Gillette, and Olay.
The dividend has grown at a 5.6% annualized rate over the past five years. Over the last year, it paid just over $10 billion in dividends from about $15 billion in free cash flow -- a manageable payout ratio of around 67%.
Management plans to return about $15 billion in fiscal 2027 (ending in June): roughly $10 billion in dividends and $5 billion in buybacks. Those repurchases also steadily reduce the share count, helping support growth in earnings per share and dividends per share.
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Why P&G will keep growing About half of sales come from North America and 23% from Europe, but that leaves ample expansion opportunities in the rest of the world. In fiscal 2026, organic sales and adjusted earnings rose 1% year over year, which looks solid against the weak consumer spending trends in the U.S. due to inflation and higher fuel prices.
Over time, its brand strength, global distribution, and ongoing cost improvements should support more growth. The company continues to invest in product innovation and marketing while trimming weaker categories -- all of which is part of a long-term strategy to maintain excellent financial performance that can support a growing dividend.
P&G uses local consumer insights to win share in specific markets. For example, it found most U.K. households soak dishes before washing, so it introduced Fairy Skip the Soak Power Spray, lifting total brand household penetration by five points to 61%. This is how it can successfully expand into international markets over time.
Wall Street expects P&G's earnings to grow about 5% annually over the next few years, a pace that can support continued dividend growth. With high yields and recession-resistant brands, Procter & Gamble stock looks like a smart buy on the dip.
Procter & Gamble hlásí smíšený vývoj v segmentu Fabric & Home Care: Fabric Care drží krok, zatímco Home Care klesá a Evropa zůstává pod tlakem konkurence. Nové verze Tide a expanze Tide evo pomáhají růstu, stejně jako inovace Mr. Clean v oblasti domácího úklidu.
Key Takeaways Procter & Gamble's Fabric & Home Care trends are mixed, as Fabric Care held up while Home Care declined.PG sees improving U.S. Fabric Care momentum, while competition in Europe remains a key pressure.Tide upgrades and Tide evo expansion are boosting Fabric Care, while Mr. Clean supports home cleaning growth. The Procter & Gamble Company’s (PG - Free Report) Fabric & Home Care business is showing mixed trends, suggesting that the segment is not a broad growth drag, though parts of the portfolio remain under pressure. In the fourth quarter of fiscal 2026, Fabric Care was among the categories that were in line to grow in the low-single digit, while Home Care declined. This divergence limited the segment’s contribution at a time when P&G’s overall organic sales were flat year over year.
The pressure is evident in Europe, where management said competition in Fabric Care has increased and restoring competitiveness remains a priority. At the same time, there are signs of improvement. Management highlighted an inflection in U.S. Fabric Care and said that momentum is continuing to build. China also returned to share growth in Fabric Care, supporting a more constructive outlook across markets.
Innovation could play a role in improving the segment’s growth profile. P&G’s upgrade of Tide original liquid, its largest in more than two decades, has shifted the product from decline to high-single-digit growth. The company is also expanding Tide evo nationally, while Mr. Clean innovations are helping drive growth in home cleaning.
Management remains confident in Fabric Care’s potential in the longer term, noting that the category has delivered growth above 5% over a decade, supported partly by faster-growing adjacencies such as fabric enhancers. Thus, softness in Home Care and competitive pressure in Europe remain concerning, but improving U.S. momentum and innovation suggest Fabric & Home Care could become a stronger growth contributor.
Growth Drivers of PG’s Peers: CL & CHDProcter & Gamble’s peers, Colgate-Palmolive Company (CL - Free Report) and Church & Dwight Co., Inc. (CHD - Free Report) , are pursuing growth through a mix of innovation, premiumization, productivity initiatives and expansion across key categories and markets.
Colgate’s growth is being supported by broad-based gains across emerging markets, Europe and Hill’s Pet Nutrition. Emerging markets advanced in the mid-single digits, led by India, Brazil, Mexico and China, while Europe benefited from innovation, premiumization and market-share gains. Hill’s Pet Nutrition continued to outperform its category through science-led premium offerings. Colgate is also stepping up advertising, digital capabilities, revenue growth management and new product support to sustain momentum and improve U.S. performance going forward.
Church & Dwight’s growth is being fueled by strong volume gains, innovation and distribution expansion across its portfolio. Second-quarter organic sales rose 5.8%, driven by 4.3% volume growth and a 1.5% positive price/mix. THERABREATH, HERO, ARM & HAMMER cat litter, and ZICAM remained key contributors. International organic sales rose 9.1%, while global e-commerce sales advanced 22.7%, further supporting momentum.
PG’s Price Performance, Valuation & EstimatesProcter & Gamble’s shares have lost 8.4% in the past six months compared with the industry’s 7.2% decline.
Image Source: Zacks Investment Research
From a valuation standpoint, PG trades at a forward price-to-earnings ratio of 20.72X compared with the industry’s average of 18.75X.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for PG’s fiscal 2027 and 2028 EPS indicates year-over-year growth of 1.6% and 5.9%, respectively. The company’s EPS estimates for fiscal 2027 have declined 0.4% in the past 30 days, whereas for 2028, EPS estimates have moved down by a penny in the past seven days.
Image Source: Zacks Investment Research
Procter & Gamble currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Beacon Pointe Advisors LLC bought a new stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 214,501 shares of the company’s stock, valued at approximately $31,454,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Procter & Gamble by 1,000.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after buying an additional 150 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in Procter & Gamble during the second quarter worth approximately $26,000. Litman Gregory Wealth Management LLC bought a new stake in shares of Procter & Gamble during the fourth quarter worth approximately $26,000. Park Square Financial Group LLC boosted its holdings in shares of Procter & Gamble by 65.1% during the fourth quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after acquiring an additional 71 shares during the period. Finally, Evolution Wealth Management Inc. grew its position in shares of Procter & Gamble by 1,315.4% in the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock valued at $26,000 after purchasing an additional 171 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.
Analyst Ratings Changes Several research firms recently weighed in on PG. Argus cut Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, August 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. BMO Capital Markets increased their price objective on Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a research report on Monday, June 29th. Jefferies Financial Group lifted their target price on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Finally, HSBC reissued a “hold” rating and issued a $149.00 target price (down from $182.00) on shares of Procter & Gamble in a research report on Thursday, July 30th. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.19.
Check Out Our Latest Research Report on Procter & Gamble Insider Buying and Selling at Procter & Gamble In other news, insider Marc S. Pritchard sold 4,030 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $143.79, for a total transaction of $579,473.70. Following the completion of the sale, the insider owned 187,001 shares of the company’s stock, valued at approximately $26,888,873.79. This represents a 2.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Susan Street Whaley sold 2,238 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $143.79, for a total transaction of $321,802.02. Following the sale, the insider owned 26,989 shares in the company, valued at $3,880,748.31. This represents a 7.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 6,627 shares of company stock valued at $953,417 in the last ninety days. 0.20% of the stock is currently owned by company insiders.
Procter & Gamble Price Performance Shares of NYSE PG opened at $143.71 on Monday. The business has a fifty day moving average price of $147.11 and a two-hundred day moving average price of $148.21. The stock has a market capitalization of $334.04 billion, a PE ratio of 21.71, a P/E/G ratio of 4.43 and a beta of 0.39. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.47. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25.
Procter & Gamble (NYSE:PG – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The company had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same period in the prior year, the firm posted $1.48 EPS. Procter & Gamble’s quarterly revenue was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities analysts predict that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.
Procter & Gamble Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were paid a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, July 24th. Procter & Gamble’s dividend payout ratio is presently 65.71%.
About Procter & Gamble (Free Report)
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.
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P&G čeká ve fiskálním roce 2027 zhruba 1,4 miliardy USD po zdanění jako negativní dopad na zisk, tedy 56 centů na akcii. Core EPS má být beze změny až +3 %, tržby porostou o 1 % až 3 %.
Key Takeaways Procter & Gamble faces a $1.4B after-tax fiscal 2027 earnings headwind, equal to 56 cents per share.PG expects about $1B after tax in higher raw-material, energy, transportation and related costs.Procter & Gamble expects fiscal 2027 organic and all-in sales growth of 1-3%, with core EPS flat to up 3%. The Procter & Gamble Company (PG - Free Report) , also referred to as P&G, enters fiscal 2027 with a sizable earnings hurdle. Management expects 1% to 3% organic sales growth, but higher costs, financing expense, lower non-operating income and currency are set to weigh on profit growth.
Those pressures total about $1.4 billion after tax, or 56 cents per share, equal to an 8% drag on fiscal 2026 core EPS. Productivity and brand investment will determine how much of that burden P&G can absorb.
P&G Faces $1 Billion in Higher Input CostsThe largest headwind is an estimated $1 billion after tax from higher raw-material, energy, transportation and related costs. Much of the pressure is expected in the first half of fiscal 2027.
Management expects this cost dynamic to contribute to a decline of at least 5% in first-quarter fiscal 2027 EPS. The outlook assumes an effective Brent crude oil price of about $90 per barrel and reflects higher freight, supplier inflation and other supply-chain premiums.
PG Financing and Currency Add More PressureP&G expects higher net interest expense to reduce fiscal 2027 earnings by about $150 million after tax. Lower non-operating income is expected to create another $150 million drag.
Unfavorable foreign exchange is projected to reduce earnings by roughly $50 million after tax. Together with input costs, these items produce the estimated $1.4 billion after-tax headwind.
P&G Productivity Is the Main OffsetP&G generated about $2.8 billion of before-tax productivity improvement across cost of goods sold and selling, general and administrative expenses in fiscal 2026. Those savings equaled roughly 340 basis points and helped fund investment.
The company is also scaling Supply Chain 3.0, AI-enabled brand-building tools and automated workflows. Colgate-Palmolive Company (CL - Free Report) is using productivity while maintaining elevated advertising investment, while Kimberly-Clark Corporation (KMB - Free Report) has cited productivity gains as an offset to pricing, cost inflation and supply-chain investment. Efficiency remains a key lever across consumer staples.
PG Guidance Still Calls for Modest Sales GrowthP&G expects fiscal 2027 all-in and organic sales to rise 1% to 3%. The organic sales outlook includes a 30-50-basis-point drag from brand, product-form and go-to-market discontinuations.
Image Source: Zacks Investment Research
Zacks estimates call for sales growth of 1.8% in fiscal 2027. Management is targeting organic growth modestly ahead of the markets in which it competes, though slower conditions in North America and Europe limit the cushion for execution shortfalls.
P&G Reinvestment Could Keep Margins TightP&G plans to maintain spending behind product superiority, packaging and brand communication even as costs rise. That approach supports its growth model but can restrain near-term margin expansion.
The fiscal fourth quarter showed that trade-off. Core operating margin declined 130 basis points as 410 basis points of reinvestment, primarily in marketing, more than offset 300 basis points of selling, general and administrative productivity savings. Total productivity savings reached 460 basis points.
PG's Scores Reflect Near-Term Earnings RiskP&G's fiscal 2027 outlook leaves productivity, pricing and execution carrying much of the burden against a meaningful earnings headwind. Core EPS is still expected to range from unchanged to up 3% from fiscal 2026, implying $6.89 to $7.11 per share.
PG currently carries a Zacks Rank #4 (Sell), alongside a Growth Score of C, Value Score of D, Momentum Score of D and VGM Score of D. The Zacks Rank points to weaker near-term earnings-estimate trends, while the Style Scores indicate limited support from growth, value and momentum characteristics. Together, they favor a cautious near-term view without determining the stock's longer-term outcome.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
P&G čeká ve fiskálním roce 2027 růst organických i celkových výnosů jen o 1–3 % a core EPS má být beze změny až +3 %. Akcie se přitom obchodují za 20,3násobek forwardového zisku, nad sektorem.
Key Takeaways PG expects fiscal 2027 organic and all-in sales growth of 1-3%, with core EPS flat to up 3%.PG trades at 20.3X forward earnings, above its sub-industry's 18.4X and Consumer Staples sector's 17.3X.PG expects about $10B in dividends and roughly $5B in share repurchases in fiscal 2027. The Procter & Gamble Company (PG - Free Report) , also referred to as P&G, enters fiscal 2027 with leading brands, high cash generation and a productivity program that continues to fund reinvestment. Those strengths matter, but the growth profile remains subdued.
The investment debate is therefore less about business quality than price. PG trades above key Zacks industry benchmarks even as earnings expectations point to low-single-digit progress.
P&G's Growth Outlook Remains ModestP&G expects fiscal 2027 organic and all-in sales to rise 1-3%, while core earnings per share are projected to be flat to up 3% from $6.89. Management's midpoint for core EPS is $7.00.
The current Zacks Consensus Estimates call for 1.8% sales growth and 1.6% core EPS growth to $7.00. Colgate-Palmolive Company (CL - Free Report) reported 2.4% organic sales growth and 8% base-business EPS growth in second-quarter 2026.
Kimberly-Clark Corporation (KMB - Free Report) posted 1.2% organic sales growth for the first half of 2026. Those peer results also show how restrained top-line growth remains across major consumer staples companies.
Image Source: Zacks Investment Research
PG's Valuation Leaves Little Room for ErrorPG trades at 20.3X forward 12-month earnings versus 18.4X for the Zacks sub-industry and 17.3X for the Zacks Consumer Staples sector. The stock remains below its five-year median of 23.4X but still carries a clear relative premium.
That premium looks demanding alongside expected sales and earnings growth near 2% or less. With growth modest, consistent execution on volume, pricing and productivity becomes increasingly important.
P&G Productivity Helps Offset Margin PressureFiscal 2026 delivered about $2.8 billion of before-tax productivity improvement, equal to roughly 340 basis points. Those savings helped fund product, packaging and brand investment.
Even so, core gross margin fell 40 basis points and core operating margin declined 70 basis points. Fiscal 2027 also carries about $1 billion of after-tax pressure from raw materials, energy, transportation and related costs, much of it expected in the first half.
PG Innovation Supports Selective GrowthThe upgraded Tide original liquid formula moved from declining sales to high-single-digit growth by the fiscal fourth quarter after P&G improved product performance without raising the price.
Tide evo is moving toward broader national expansion in fiscal 2027. SK-II has delivered double-digit organic sales growth for six consecutive quarters, showing that targeted innovation can still produce stronger growth in selected franchises.
P&G Cash Returns Add Shareholder SupportFiscal 2026 operating cash flow reached $19.56 billion, while adjusted free cash flow was $15.84 billion. P&G returned more than $15 billion to shareholders through $10.2 billion of dividends and $5.0 billion of share repurchases.
For fiscal 2027, management expects about $10 billion of dividends and roughly $5 billion of repurchases. That return profile offers support while earnings growth remains restrained, though it does not remove valuation and margin risks.
PG's Scores Point to Near-Term CautionBottom line, P&G retains durable operating strengths, but fiscal 2027 growth looks modest relative to its valuation premium. Productivity, innovation and cash returns help the case, yet near-term execution risk remains.
PG currently carries a Zacks Rank #4 (Sell). Its Value Score of D, Momentum Score of D and VGM Score of D are weak, while its Growth Score of C is middling.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Style Scores are designed to complement the Zacks Rank over a similar 1-3 month horizon. The current combination supports a cautious near-term stance rather than a more aggressive entry at today's valuation.
Foster & Motley Inc. purchased a new position in Procter & Gamble Company (The) (NYSE:PG – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 57,877 shares of the company’s stock, valued at approximately $8,487,000.
Other institutional investors have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in Procter & Gamble in the 2nd quarter worth approximately $27,862,105,000. Norges Bank purchased a new position in shares of Procter & Gamble during the 4th quarter valued at $4,664,783,000. Bank of New York Mellon Corp purchased a new position in shares of Procter & Gamble during the 2nd quarter valued at $2,281,505,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Procter & Gamble in the second quarter worth $1,480,650,000. Finally, Cardano Risk Management B.V. raised its holdings in shares of Procter & Gamble by 1,104.8% during the fourth quarter. Cardano Risk Management B.V. now owns 9,521,440 shares of the company’s stock worth $1,364,518,000 after acquiring an additional 8,731,126 shares in the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes PG has been the subject of a number of research reports. BMO Capital Markets lifted their price objective on Procter & Gamble from $169.00 to $170.00 and gave the company an “outperform” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. dropped their target price on Procter & Gamble from $164.00 to $162.00 and set an “overweight” rating on the stock in a research report on Thursday, July 16th. Barclays raised their price target on Procter & Gamble from $146.00 to $152.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Procter & Gamble in a research note on Wednesday, June 24th. Finally, Citigroup dropped their price objective on Procter & Gamble from $181.00 to $170.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Thirteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $161.52.
View Our Latest Analysis on Procter & Gamble Procter & Gamble Trading Up 0.1% Shares of NYSE:PG opened at $144.77 on Monday. The stock has a market capitalization of $336.51 billion, a PE ratio of 21.87, a P/E/G ratio of 4.46 and a beta of 0.39. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $167.25. The firm has a fifty day moving average price of $147.73 and a 200 day moving average price of $148.66. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The company had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same period last year, the company earned $1.48 earnings per share. The business’s revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Analysts expect that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.
Procter & Gamble Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 24th were issued a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s dividend payout ratio is currently 65.71%.
About Procter & Gamble (Free Report)
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.
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Danica Pension Livsforsikringsaktieselskab ve 2. čtvrtletí snížila podíl v Procter & Gamble o 23,3 % na 148 161 akcií. Hodnota pozice činila 21,726 milionu USD.
Danica Pension Livsforsikringsaktieselskab decreased its position in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 23.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 148,161 shares of the company’s stock after selling 44,979 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in Procter & Gamble were worth $21,726,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of PG. Vanguard Group Inc. raised its position in Procter & Gamble by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 237,459,756 shares of the company’s stock valued at $34,030,358,000 after purchasing an additional 2,829,151 shares during the last quarter. BlackRock Inc. bought a new stake in shares of Procter & Gamble in the 2nd quarter worth approximately $27,862,105,000. State Street Corp grew its position in shares of Procter & Gamble by 1.0% in the 4th quarter. State Street Corp now owns 101,618,926 shares of the company’s stock worth $14,563,008,000 after buying an additional 984,102 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Procter & Gamble by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 62,647,882 shares of the company’s stock valued at $8,962,689,000 after buying an additional 1,974,556 shares during the period. Finally, Norges Bank purchased a new position in shares of Procter & Gamble during the fourth quarter valued at approximately $4,664,783,000. 65.77% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In PG has been the subject of a number of research analyst reports. Citigroup dropped their price target on Procter & Gamble from $181.00 to $170.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Argus downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Friday, August 7th. BMO Capital Markets upped their price objective on shares of Procter & Gamble from $169.00 to $170.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. Jefferies Financial Group raised their target price on shares of Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a research report on Friday, June 26th. Finally, TD Cowen lifted their target price on shares of Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Thirteen equities research analysts have rated the stock with a Buy rating and eleven 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 a consensus price target of $161.52.
Get Our Latest Stock Report on PG Shares of NYSE:PG opened at $144.77 on Monday. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $167.25. The firm has a market capitalization of $336.51 billion, a P/E ratio of 21.87, a P/E/G ratio of 4.46 and a beta of 0.39. The stock has a 50 day moving average price of $147.73 and a 200-day moving average price of $148.66. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68.
Procter & Gamble (NYSE:PG – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. The company had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $21.38 billion. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities research analysts anticipate that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.
Procter & Gamble Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were given a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is currently 65.71%.
About Procter & Gamble (Free Report)
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.
See Also Five stocks we like better than Procter & Gamble VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding PG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Procter & Gamble Company (The) (NYSE:PG – Free Report).
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Fidelity National Financial koupila nový podíl v Procter & Gamble za zhruba 15,397 milionu USD, což představuje 105 000 akcií. Akcie PG po otevření rostly o 1,3 %.
Fidelity National Financial Inc. purchased a new stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 105,000 shares of the company’s stock, valued at approximately $15,397,000. Procter & Gamble makes up 0.5% of Fidelity National Financial Inc.’s investment portfolio, making the stock its 24th biggest holding.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Baxter Bros Inc. purchased a new position in shares of Procter & Gamble during the second quarter worth $12,381,000. Cibc World Market Inc. boosted its holdings in Procter & Gamble by 40.6% in the fourth quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock valued at $73,351,000 after purchasing an additional 147,701 shares during the last quarter. World Investment Advisors boosted its holdings in Procter & Gamble by 15.9% in the fourth quarter. World Investment Advisors now owns 105,915 shares of the company’s stock valued at $15,179,000 after purchasing an additional 14,492 shares during the last quarter. Resources Management Corp CT ADV grew its position in Procter & Gamble by 41.8% during the 4th quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock worth $11,681,000 after purchasing an additional 24,010 shares during the period. Finally, Indivisible Partners purchased a new position in shares of Procter & Gamble during the 4th quarter valued at about $2,120,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.
Analyst Upgrades and Downgrades Several equities analysts have recently issued reports on PG shares. HSBC reissued a “hold” rating and issued a $149.00 price objective (down from $182.00) on shares of Procter & Gamble in a report on Thursday, July 30th. Wells Fargo & Company raised their target price on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, April 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Barclays boosted their price target on Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Finally, Evercore set a $162.00 price objective on Procter & Gamble in a research report on Monday, April 27th. Thirteen investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.52.
Get Our Latest Analysis on PG Procter & Gamble Trading Up 1.3% Shares of Procter & Gamble stock opened at $144.77 on Friday. The firm has a 50-day simple moving average of $147.73 and a two-hundred day simple moving average of $148.69. The company has a market cap of $336.51 billion, a P/E ratio of 21.87, a price-to-earnings-growth ratio of 4.46 and a beta of 0.39. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.47 and a current ratio of 0.68.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.02. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The business had revenue of $21.20 billion for the quarter, compared to analyst estimates of $21.38 billion. During the same period in the prior year, the company posted $1.48 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. As a group, equities analysts predict that Procter & Gamble Company will post 6.98 earnings per share for the current fiscal year.
Procter & Gamble Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were given a dividend of $1.0885 per share. The ex-dividend date was Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s dividend payout ratio is currently 65.71%.
Procter & Gamble Profile (Free Report)
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.
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Baxter Bros Inc. acquired a new position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 84,429 shares of the company’s stock, valued at approximately $12,381,000. Procter & Gamble makes up 1.4% of Baxter Bros Inc.’s holdings, making the stock its 21st largest position.
A number of other hedge funds have also made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Procter & Gamble by 1,000.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock worth $25,000 after buying an additional 150 shares in the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in Procter & Gamble during the 4th quarter valued at about $26,000. Park Square Financial Group LLC raised its holdings in Procter & Gamble by 65.1% in the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock valued at $26,000 after acquiring an additional 71 shares during the last quarter. Evolution Wealth Management Inc. lifted its stake in Procter & Gamble by 1,315.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares in the last quarter. Finally, Basso Capital Management L.P. acquired a new position in shares of Procter & Gamble during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 65.77% of the company’s stock.
Wall Street Analysts Forecast Growth Several research firms recently commented on PG. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $163.00 price target on shares of Procter & Gamble in a report on Monday, April 27th. Jefferies Financial Group upped their target price on Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a report on Friday, June 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a report on Wednesday, June 24th. Royal Bank Of Canada reissued an “outperform” rating on shares of Procter & Gamble in a research report on Wednesday. Finally, Argus lowered shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, August 7th. Thirteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Procter & Gamble has a consensus rating of “Moderate Buy” and a consensus target price of $161.52.
Read Our Latest Research Report on Procter & Gamble Procter & Gamble Stock Up 1.3% Procter & Gamble stock opened at $144.77 on Friday. The stock has a market cap of $336.51 billion, a PE ratio of 21.87, a P/E/G ratio of 4.40 and a beta of 0.39. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.68 and a quick ratio of 0.47. The stock’s fifty day moving average is $147.73 and its two-hundred day moving average is $148.69. Procter & Gamble Company has a 1-year low of $137.62 and a 1-year high of $167.25.
Procter & Gamble (NYSE:PG – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.02. Procter & Gamble had a return on equity of 31.36% and a net margin of 18.44%.The business had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $21.38 billion. During the same period in the prior year, the firm posted $1.48 EPS. The business’s quarterly revenue was up 1.5% compared to the same quarter last year. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. On average, sell-side analysts expect that Procter & Gamble Company will post 6.98 EPS for the current fiscal year.
Procter & Gamble Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were paid a $1.0885 dividend. This represents a $4.35 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, July 24th. Procter & Gamble’s dividend payout ratio is currently 65.71%.
(Free Report)
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.
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Procter & Gamble zvýšila dividendu 70 let po sobě a nabízí výnos 3 %. Ve fiskálním roce 2026 vyplatila na dividendách 10,2 miliardy USD z provozního cash flow ve výši 19,6 miliardy USD.
Procter & Gamble Co.'s (PG -0.98%) annual dividend growth rate of 4% to 6% over the last two decades, coupled with its 3% dividend yield, gives income-seeking investors an unusually solid combination of current income and long-term growth, in my view, for 2027 and beyond. Home to globally well-known household brands, the consumer-defensive giant has increased dividends for 70 consecutive years, backed by its ever-growing recurring cash flows.
A growing dividend supported by a business that generates billions of dollars in cash every year is extremely important to income-seeking investors. For context, in fiscal 2026, which ended June 30, P&G paid out $10.2 billion in dividends on operating cash flow of $19.6 billion and net income of $16 billion.
P&G's in-built inflation-fighting mechanism What I see in P&G, one of the best income-generating stocks to own today, is its built-in inflation-defense mechanism. In a more volatile stock market, expected absolute stock returns decline. And as global bond yields rise, markets will be choppier in the foreseeable future.
Over the past decade, Procter & Gamble's annual dividend growth has consistently kept up (and sometimes even outpaced) the U.S. inflation rate, which has risen considerably since COVID-19. For income-seeking investors, this means there is no erosion of purchasing power, and, I think, that makes P&G the best dividend stock to own over the next few years.
PG Dividend Growth (Annual) data by YCharts.
Rising yields pressure valuations The U.S economy remains strong, but that's not necessarily great for future stock returns. As the above chart shows, inflation has been sticky. Additionally, tech stocks -- the best performers over the last few years -- saw a broader sell-off in July, led by semiconductor stocks. The bigger problem may be that stocks that have generated above-average returns in the recent past may be running too hot and could be overvalued. Investors may not get higher returns without a valuation pullback, and rising bond yields are evidence of that.
The mathematics behind this is simple: As bond yields go up, investors usually demand higher earnings yields from stocks as well. Breaking it down further, the earnings yield of a stock is just the inverse of its price-to-earnings (P/E) ratio. So as the earnings yield goes up, the P/E ratio falls, pushing down the share price.
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The uncertain environment does not make P&G's business less attractive P&G may not have been the stock market's darling over the past few years, but its globally recognized brands give it scale and pricing power -- the most important qualities of a business with growing recurring cash flows. It sells necessities and household products, things that people need irrespective of an economic downturn or a stock market drawdown. Brands such as Tide, Dawn, Pampers, Gillette, Crest, and Oral-B, among others, don't simply lose pricing power or see demand fall.
Management still expects fiscal 2027 organic sales growth to clock between 1% to 3%, and net earnings per share (EPS) growth in the range of 1% to 5%. This growth is despite expectations of an additional $1 billion in cost pressures due to higher raw material, transportation, and energy prices.
Additionally, the company expects adjusted free cash flow (FCF) productivity (calculated as the ratio of adjusted FCF to core net earnings) to remain above 85%. In layperson's terms, this means management expects at least 85% of its core net income to be converted to free cash flow. In short, P&G's revenue and cash flow growth are persistent, leading to a persistent increase in capital returned to shareholders.
Shouldn't buying Treasury bonds suffice then? Investors looking for safety could, in theory, buy Treasury bonds as their yields rise. But holding bonds has a disadvantage: there's no income growth. That's where I'd argue that P&G stock is better suited to tackle an inflationary environment and ensure income growth through rising dividends.
What about owning higher-yielding stocks? Again, a great idea, but future income growth is usually unreliable when dividend yields are high.
Image source: Getty Images.
A 3% dividend yield may not seem much. However, it is the starting point for a dividend that has historically outpaced inflation, thus preserving purchasing power over a five- or 10-year period. If P&G's dividend grows annually by 5% on average over a 10-year period, the dividend would have grown by nearly 63%. If you bought the stock today, your yield on the original investment would be substantially higher a decade later, at nearly 4.9%.
The stock isn't overvalued Defensive stocks, such as Procter & Gamble, don't get much credit in a bull market. But slow growers shine in volatile markets, or simply when investors don't want to take on too much risk. At 21.6 times trailing earnings and four times trailing sales, the stock isn't overvalued. At the same time, these numbers don't suggest the market has been ignoring the stock. I think that's the sweet spot -- a stock that is poised to perform well in the future without any fears of overvaluation.
If you are worried about uncertainty in the U.S. stock market as valuations stretch to historic highs and long-term interest rates remain elevated, P&G's dividend appeal lies in stable income generation and the ability to grow your purchasing power over longer time horizons.
Everett Harris & Co. CA ve 2. čtvrtletí koupila nový podíl ve společnosti Procter & Gamble za zhruba 8,089 milionu USD. Firma zároveň oznámila čtvrtletní EPS ve výši 1,43 USD, nad odhadem 1,41 USD.
Everett Harris & Co. CA purchased a new stake in Procter & Gamble Company (The) (NYSE:PG – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 55,164 shares of the company’s stock, valued at approximately $8,089,000.
Other hedge funds have also modified their holdings of the company. Carson Advisory Inc. lifted its stake in Procter & Gamble by 0.5% in the 4th quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock valued at $1,738,000 after buying an additional 65 shares in the last quarter. Cary Street Partners Investment Advisory LLC increased its position in Procter & Gamble by 1.8% during the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock worth $549,000 after buying an additional 67 shares in the last quarter. Grant Street Asset Management Inc. increased its position in Procter & Gamble by 2.7% during the fourth quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock worth $376,000 after buying an additional 69 shares in the last quarter. Cowa LLC raised its holdings in shares of Procter & Gamble by 2.4% in the fourth quarter. Cowa LLC now owns 2,985 shares of the company’s stock worth $428,000 after acquiring an additional 70 shares during the last quarter. Finally, KLCM Advisors Inc. raised its holdings in shares of Procter & Gamble by 0.9% in the first quarter. KLCM Advisors Inc. now owns 7,890 shares of the company’s stock worth $1,140,000 after acquiring an additional 70 shares during the last quarter. 65.77% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth A number of research firms recently commented on PG. Jefferies Financial Group increased their price objective on Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a research note on Friday, June 26th. Barclays boosted their target price on shares of Procter & Gamble from $146.00 to $152.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Morgan Stanley decreased their price target on shares of Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Argus downgraded shares of Procter & Gamble from a “buy” rating to a “hold” rating in a report on Friday, August 7th. Finally, HSBC reissued a “hold” rating and issued a $149.00 price objective (down from $182.00) on shares of Procter & Gamble in a research report on Thursday, July 30th. Thirteen equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and an average target price of $161.52.
Check Out Our Latest Stock Report on Procter & Gamble Procter & Gamble Stock Performance Procter & Gamble stock opened at $144.47 on Thursday. The stock has a fifty day moving average price of $147.94 and a 200 day moving average price of $148.78. Procter & Gamble Company has a 52 week low of $137.62 and a 52 week high of $167.25. The firm has a market capitalization of $335.82 billion, a P/E ratio of 21.82, a PEG ratio of 4.42 and a beta of 0.39. The company has a current ratio of 0.68, a quick ratio of 0.47 and a debt-to-equity ratio of 0.43.
Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.02. The company had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $21.38 billion. Procter & Gamble had a net margin of 18.44% and a return on equity of 31.36%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.48 EPS. Procter & Gamble has set its FY 2027 guidance at 6.890-7.110 EPS. Equities research analysts anticipate that Procter & Gamble Company will post 6.98 earnings per share for the current year.
Procter & Gamble Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Friday, July 24th were paid a dividend of $1.0885 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a yield of 3.0%. Procter & Gamble’s dividend payout ratio (DPR) is currently 65.71%.
About Procter & Gamble (Free Report)
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.
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Procter & Gamble v dubnu zvýšila čtvrtletní dividendu na 1,0885 USD, tedy 4,354 USD ročně, a letos čeká jen 1% až 3% růst organických tržeb. Při výnosu 3 % by investice 17 000 USD mohla nést asi 510 USD ročně.
With major indexes like the S&P 500 (^GSPC +0.26%) and Nasdaq Composite (^IXIC +0.54%) hovering around all-time highs, collecting a 3% dividend yield may not seem like much. But generating passive income from reliable dividend-paying stocks provides an excellent way to participate in the market and book a return without needing to sell stock.
A red-hot stock market can overshadow the value of dividends. But when stock prices are falling, or the market enters a multiyear slowdown, dividends can provide crucial dry powder that can be reinvested or used to supplement income.
In April, Procter & Gamble (PG -0.78%) raised its quarterly dividend to $1.0885 or $4.354 per year, marking the company's 70th consecutive annual increase. That makes P&G one of the longest-tenured Dividend Kings -- which are companies with at least 50 consecutive years of boosting their payouts.
With a 3% yield, you can expect a $17,000 investment in P&G to produce about $510 in annual dividend income. Here's why P&G stands out as one of the best blue chip dividend stocks to buy now.
Image source: Getty Images.
A consumer products powerhouse P&G is the largest consumer packaged-goods company in the world -- with a portfolio of category-leading brands across beauty, grooming, healthcare, fabric and home care, and baby, feminine, and family care.
P&G's size gives it pricing power with consumers and crucial retail partners, which have incentive to carry its products on their shelves or online to attract customers. P&G products such as Pampers diapers, Charmin toilet paper, Bounty paper towels, Dawn dish soap, Tide detergent, Crest toothpaste, Gillette razor blades, and Olay skin care are known as destination products. These are the kinds of everyday-use products that can instigate a trip to a store like Walmart, Costco Wholesale, or Target. So these retailers want to carry P&G's products and, ideally, offer specialized versions through exclusive stock-keeping units (SKUs) to influence buyer behavior.
But goods manufacturers like P&G are also competing amid a surge in value-focused buying behavior toward private-label brands such as Walmart's Great Value, Sam's Club's Member's Mark, and Costco's Kirkland. P&G's size has allowed it to be fairly resilient even in the face of inflationary and consumer spending pressures. But there's no denying P&G is in a multiyear slowdown.
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P&G's results and guidance have been disappointing On July 29, P&G reported full-year fiscal 2026 year-over-year net sales growth of just 3%, organic sales growth of 1%, diluted earnings per share (EPS) growth of 2%, and core EPS growth of 1%.
For fiscal 2027, P&G is guiding for just 1% to 3% organic sales growth, a 1% to 5% increase in diluted net EPS, and flat to 3% growth in core EPS, with a midpoint of $7 per share.
PG Revenue (TTM) data by YCharts
P&G's margins have held up well, but its revenue growth has slowed dramatically. However, P&G continues to generate ample earnings and free cash flow to cover its dividend, although its dividend increases have been fairly small in recent years.
Despite the industrywide challenges, P&G continues to focus on what it can control. It is generating $2.8 billion in before-tax savings in fiscal 2026 across cost of goods, sales, general, and administrative expenses. On Aug. 4, P&G announced the $3.8 billion acquisition of personalized health and supplements solutions company Thorne, which will be added to its healthcare segment. The acquisition shows that P&G can continue to take market share and grow its brand portfolio even during a slowdown, which is more challenging for smaller, less diversified companies.
A high-quality stock at a discounted valuation P&G's stock price has gone practically nowhere for five years, which has compressed its valuation to multiyear lows and pole-vaulted its dividend yield to multiyear highs.
P&G now trades at just 22.2 times earnings and a 20.9 forward price-to-earnings (P/E) ratio, compared with a 10-year median P/E of 25.3. And because P&G has already guided for weak results in fiscal 2027, even mediocre results will look relatively good given the context of the current operating environment.
Add it all up, and P&G stands out as an excellent high-yield value stock for income investors to scoop up now.
Procter & Gamble ve fiskálním roce 2026 zvýšil čisté tržby o 3 %, organické tržby o 1 % a core EPS o 1 %, přesně v souladu s výhledem. Firma zároveň dál posiluje svou dividendovou historii a plánuje vrátit akcionářům zhruba 10 miliard USD na dividendách a asi 5 miliard USD na zpětných odkupech.
I've been writing about Procter & Gamble (PG -0.80%) for years, and my conviction has never been higher, because the company keeps doing the boring, hard things that compound over time: It protects its brands, invests in innovation, and quietly returns a lot of cash to shareholders even when the environment is rough.
Fiscal 2026 was not a blowout year for Procter & Gamble. Net sales grew 3%, organic sales rose 1%, and core earnings per share increased 1%. That's the kind of result many investors would shrug at. What matters to me is that those numbers landed right inside the company's guidance in a year that featured currency swings, higher energy and transportation costs, and uneven demand across regions.
P&G's strategy is deliberately simple. It focuses on daily use categories where performance drives brand choice and seeks to deliver superiority in product, packaging, communication, retail execution, and value. It pairs that with what it calls "constructive disruption" and a heavy dose of productivity, meaning it constantly looks for ways to do the same work with fewer resources. The result is a business that rarely looks spectacular quarter to quarter but, over many years, keeps nudging growth and margins in the right direction.
Image source: Getty Images.
Innovation that actually shows up in products This is not a sleepy soap company. In April, Procter & Gamble was named the top household products company on Fortune's America's Most Innovative Companies list for the third year in a row, with product innovation singled out as its biggest strength.
What makes me more confident today than a few years ago is how P&G is marrying that science with data. The company talks openly about using AI-led tools to optimize brand-building and go-to-market strategies, and about using digital platforms to sharpen where and how its brands show up in stores and online. E-commerce now accounts for about 20% of total sales, growing 6% in fiscal 2026, which shows its brands are not stuck on the old shelf-only model.
A dividend story with real substance Income investors already know the headline numbers, but they still matter. Procter & Gamble has paid a dividend for 136 straight years and has raised that dividend for 70 consecutive years. The company is a strong Dividend King -- which is a company that's grown its dividend payment for at least 50 consecutive years. In April, the board raised the quarterly payout 3% to $1.0885 per share, and the company expects to return about $10 billion in dividends and roughly $5 billion in share repurchases in fiscal 2026.
To me, the streak is not impressive on its own. What impresses me is that P&G keeps raising the dividend while still funding innovation and absorbing cost shocks. The payout ratio sits in the mid-60 % range, leaving room to invest in brands, supply chain upgrades, and digital tools. When a company can do all of that and still return more than $15 billion a year to shareholders, it says something about the durability of its cash engine.
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Why conviction is higher, not lower The past few years have thrown almost everything at consumer goods companies: inflation, currency swings, shifting channel mix, and pressure from private labels. Procter & Gamble pushed through that with modest but consistent organic growth, disciplined pricing, and a willingness to take on trade and cost headwinds without chasing unsustainable volume.
There are still risks. Input costs can spike again, currencies can move against it, and competitors can narrow the gap in product performance. The stock isn't cheap relative to the market, and achieving single-digit organic growth will require patience.
Even so, I see a company that has proved it can navigate choppy waters without losing sight of the basics: Make better products than rivals, watch costs closely, keep learning from data, and share the rewards with its owners. That's why, after years of following Procter & Gamble, my conviction is higher now. For long-term investors who want a consumer goods anchor that actually earns its premium, I still think this stock belongs near the core of a portfolio.
P&G zvýšila čtvrtletní dividendu o 3 % a volný peněžní tok za Q3 FY2026 vzrostl na 3,026 mld. USD, meziročně o 6 %. To podle peněžního toku podporuje další růst dividendy.
When Procter & Gamble (NYSE:PG | PG Price Prediction) cut its 70th consecutive annual dividend increase check to shareholders this past May, it sent out $1.08 per share. The market shrugged. With shares down around 5% over the past year and the stock changing hands at $145.79, sentiment around this Dividend King has soured on tariff fears and a guidance bias toward the lower end of the range. The cash flow statement tells a different story.
The Payment That Wall Street Underestimated P&G announced the most recent quarterly dividend at a 3% increase, marking the 136th consecutive year P&G has paid a dividend since incorporation in 1890. The forward annualized payout sits at $4.227 per share, translating to a current yield of 3%. That yield doesn’t scream opportunity, but the durability behind it does.
Here’s the disconnect. P&G beat Q3 FY2026 earnings on both lines: core EPS of $1.59 against $1.5552 expected (+2%) and net sales of $21.235 billion versus $20.517 billion expected (+4%). Yet management signaled FY2026 results toward the lower end of the $6.83 to $7.09 core EPS range, citing ~$400 million in after-tax tariff costs, ~$150 million in commodity headwinds, and ~$250 million from higher interest expense and tax rate. Investors heard “headwinds” and stopped listening.
Reading the Cash Flow Statement The dividend skepticism collapses against the actual numbers. In Q3 FY2026, P&G generated operating cash flow of $4.045 billion, up 9% year over year, and free cash flow of $3.026 billion, up 6%. Cash and equivalents on the balance sheet swelled to $12.306 billion, a 35% jump year over year.
Step back to the full-year view and the cushion gets wider. FY2025 delivered $17.818 billion in operating cash flow against $9.872 billion in dividends paid, a coverage ratio of 1.80x. Free cash flow of $14.045 billion covered the dividend with $4 billion to spare, and the company still funded $6.5 billion in share repurchases. Management guides FY2026 adjusted free cash flow productivity to 85% to 90%, with about $10 billion expected in dividend payouts and ~$5 billion in buybacks.
The Dividend Growth Track Record The historical record is what separates this dividend from speculative income plays. The Alpha Vantage payment history walks all the way back:
Year Q1 Dividend Subsequent Quarters 2026 $1.0568 $1.0885 2025 $1.0065 $1.0568 2024 $0.9407 $1.0065 2021 $0.7907 $0.8698 2016 $0.6629 $0.6695 2009 $0.40 $0.44 1999 $0.285 $0.32 P&G raised its dividend through the 2008-2009 Financial Crisis and through the 2020 COVID-19 pandemic. The annual payout growth rate has averaged +6.0% in FY2025, +3.5% in FY2024 and +2.6% in FY2023. The current 3% increase falls right inside that recent range.
What the Bears Are Missing Wall Street’s hesitation is logical on the surface. Core gross margin compressed 100 basis points in Q3, currency-neutral core EPS was flat year over year, and the geopolitical math is ugly. CFO Andre Schulten quantified the Brent crude exposure plainly: at roughly $100 a barrel, the annual cost impact climbs to ~$1.3 billion before tax (~$1 billion after tax) compared with pre-conflict oil in the mid-60s. Analyst skepticism centers on whether P&G can price through this without ceding share.
The growth side keeps answering that question. Organic sales rose more than 3% in Q3 with all 10 product categories and all 7 regions growing organic sales. Beauty led with 11% revenue growth. SK-II grew 18% globally with China up 13%, and Greater China Baby Care expanded 19%. Schulten’s framing on pricing strategy was direct: “I don’t think we’ve lost pricing power. Pricing power has to be earned, and the way to earn it is to combine pricing with a truly delightful experience for the consumer.”
The Dividend Scorecard Stack the metrics that matter for dividend sustainability:
Yield: 3%, modest but reliable Consecutive annual increases: 70 years Cash flow coverage: 1.80x operating cash flow in FY2025 FCF payout ratio: 70% of free cash flow in FY2025 YoY dividend growth: +6% in FY2025 FY2026 capital return commitment: ~$15 billion combined dividends and buybacks This earns a solid B+ on the scorecard. The yield is modest and the payout ratio against free cash flow has crept higher as buybacks compete for capital, yet the cash generation engine and the 70-year history make a dividend cut a remote scenario. Coverage at 1.80x leaves room for the FY2026 cost headwinds to land hard and the dividend still gets paid.
What to Watch Next The forward signal sits on Brent crude and tariff resolution. The current FY2026 guidance assumes commodity prices and FX rates hold at current levels, and the CFO flagged that almost all of the increased Middle East-related costs are expected in Q4 FY2026. If oil normalizes, the lower-end guidance bias flips toward the upper end and the cash flow cushion gets even thicker. If oil holds elevated into FY2027, productivity offsets and selective innovation pricing have to do more work. Schulten was explicit: “The one thing we will not compromise on is the investment in the parts of the business that are showing momentum.”
Wall Street’s analyst tally lands at five Strong Buy ratings, nine Buy ratings, 10 Hold ratings and zero Sell ratings alongside a $163.52 average target. Retail investors on the dividend-focused side of Reddit have stayed bullish, with sentiment readings of 72 in early June and 70 in late May. The crowd that focuses on dividends has read the same cash flow statement and reached the same conclusion: the streak isn’t ending here.
Contact [email protected] for any questions or corrections.
Procter & Gamble is buying supplement brand Thorne for $3.8 billion, CEO Shailesh Jejurikar said on CNBC's "Squawk on the Street."
The acquisition, which is set to be announced Tuesday, is a bid for P&G to grow its health and wellness division. The consumer goods giant already owns several other supplements brands, like Metamucil, Align Probiotic and New Chapter vitamins, which are housed within a broader healthcare division that includes Oral-B and Vicks.
"We are really happy with the asset itself," Jejurikar told CNBC's Sara Eisen. "It's a really well-run operation, and it's been around for a long time."
Thorne was founded in 1984 and went public in late 2021 at a valuation of $525 million. L Catterton then took the company private in 2023 in a deal valued at $680 million. Its annual revenue surpassed $500 million in 2025, according to Thorne.
Thorne CEO Colin Watts told CNBC earlier this year that it had the potential to become a billion dollar brand within the next few years.
The majority of Thorne's revenue comes from shoppers under the age of 40. The supplement brand has also seen a surge in direct-to-consumer sales.
In recent years, vitamins and supplements have grown in popularity as consumers look to them to improve every aspect of their health, for everything from sleep to energy levels. The "Make America Healthy Again" movement, led by Health and Human Services Secretary Robert F. Kennedy Jr., has also leaned into supplements. Kennedy himself has said he takes so many vitamins that he can't remember them all.
P&G is the latest consumer giant to buy a buzzy upstart in a bid to profit from the trend. Earlier this year, Unilever bought Grüns, a gummy supplement brand.
Thorne will be a small piece of P&G's broader portfolio, but the deal demonstrates the company's broader aim of owning relevant, premium brands that appeal to younger consumers. In P&G's latest quarter, its volume was flat, leading to worse-than-expected revenue. Its healthcare segment was the worst performer, based on volume.
Shares of P&G were trading up less than 1% in morning trading on Tuesday.
watch now
— CNBC's Gabrielle Fonrouge contributed to this report
P&G pro fiskální rok 2026 čeká organický růst tržeb o 1 % až 3 % a core EPS 6,89 až 7,11 USD, tedy pod konsensem trhu. Management zároveň varuje před zhruba 1 miliardou USD nákladových tlaků.
Procter & Gamble (PG +0.37%) shares trade near $144 as of this writing, only about 5% above their 52-week low of $137.62. At that price, the consumer staples giant behind Tide detergent and Pampers diapers yields a little over 3%.
A beaten-down blue chip with a yield like that would usually have me interested. But the guidance P&G issued alongside its fiscal 2026 fourth-quarter report last week explains why I'm not buying yet.
Image source: Procter & Gamble.
A $1 billion cost problem For fiscal 2027 (the 12 months ending next June), management expects organic sales growth of 1% to 3% and core earnings per share of $6.89 to $7.11. The midpoint of that range, $7.00, implies growth of less than 2%.
Even the high end implies just 3%.
And the guide came in slightly below what analysts were expecting. That small gap isn't what bothers me, though. What bothers me is the reason for the soft outlook, which management quantified in unusual detail.
P&G expects about $1 billion in after-tax headwinds from higher raw-material, energy, and transportation costs in fiscal 2027. Higher net interest expense adds another $150 million, lower non-operating income another $150 million, and unfavorable currency about $50 million. Altogether, management says, that's a $0.56-per-share drag -- about 8 percentage points of core earnings-per-share growth wiped out before the year begins.
Of course, a drag that size also says something positive about the business underneath. Strip out those headwinds, and P&G would be growing core earnings per share at about 10%.
But investors don't get to strip them out. Those are real costs, and management expects to absorb them all year.
The recent results show the strain already. In the fiscal fourth quarter (the period ended June 30), net sales rose 2% year over year to $21.2 billion, but organic sales, which exclude the effects of currency and acquisitions, were flat. Core earnings per share of $1.43 declined 3% year over year. The full fiscal year showed the same pattern in slower motion. Net sales rose 3% to $87.0 billion, while organic sales grew just 1% -- and all of that growth came from pricing, with volume and mix unchanged.
The cadence worked the wrong way, too, decelerating from 1% organic growth for the year to flat in the fiscal fourth quarter.
That last detail matters most to me. A consumer products company that grows only by raising prices, while unit volumes sit flat, is arguably testing the limits of its pricing power.
CEO Shailesh Jejurikar called fiscal 2026 "a year of foundation building" in the earnings release. The fiscal 2027 outlook suggests the payoff from that foundation is still a year or more away.
What would get me to buy To be fair, P&G pays investors well to wait. The company returned $10.2 billion in dividends and $5.0 billion in share repurchases during fiscal 2026, and it plans roughly the same combination (about $10 billion of dividends and $5 billion of buybacks) for fiscal 2027. The payout looks thoroughly affordable against the company's earnings.
The valuation, however, is only average. Shares trade at about 21 times P&G's fiscal 2026 core earnings of $6.89 per share, and about 20.5 times the midpoint of the new guidance.
That's not an expensive multiple. But it's not a bargain for a business guiding to low-single-digit growth, either. Plenty of companies growing earnings faster can be had in the same valuation neighborhood.
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144.49
So here's what would change my mind. First, evidence that volumes are growing again: A quarter where organic sales growth comes from consumers buying more products, not just paying more for them, would tell me the foundation building is working.
Second, a better price. At about $130 per share, the stock would yield close to 3.4% at the current payout, enough compensation, in my view, to wait out the cost cycle comfortably.
The wait could end up being short. Commodity costs could ease faster than management expects, and pricing pressure on consumers can fade as quickly as it arrived. P&G could simply out-earn its own cautious guide.
Ultimately, though, neither of my conditions is met today. The dividend looks safe, the business is durable, and P&G may well emerge from this stretch leaner. I'm comfortable being patient here, waiting for one of those two signals.
Procter & Gamble uvedla, že ceny benzínu omezují spotřebu a tlačí zákazníky k menším balením a akcím. V USA byl prodej konečným zákazníkům o 2 % vyšší, zatímco objednávky maloobchodníků klesly o 1 %.
Procter & Gamble says economic pressures have consumers focused on smaller pack sizes and promotions.
The consumer packaged goods company released earnings Wednesday (July 29) showing sales up 3% for its most recent quarter and 1% for the year.
Speaking to analysts during an earnings call, Chief Financial Officer Andre Schulten pointed to the price of gas having a “specific impact” on consumer spending.
“I think it’s a general impact where you see the consumers that are well off, continue to behave as they’ve behaved before, [choosing] larger pack sizes to find value,” he said.
“The more pressured consumer that will be more impacted by gas prices or incremental $100 of gas cost per week, they continue to look for smaller pack sizes. They continue to be very affected by promotion patterns. None of that has changed.”
Despite these pressures, CEO Shailesh Jejurikar noted the company’s user base skews toward households earning over $100,000, describing current trends as a “discernment by consumers” rather than an “inability to buy.”
In the U.S., a notable disconnect appeared between “sell out” (actual consumer consumption) and “sell in” (retailer orders), with sell out or consumption up 2% and sell in down 1%. This was driven by retailer inventory reductions and the shift of major events like the earlier Amazon Prime Day, which impacted the timing of merchandising spending.
Meanwhile, eCommerce sales ticked up 6%, and now account for 20% of Procter & Gamble’s (P&G) total sales. This digital growth is especially pronounced in Greater China, where P&G is winning across both traditional eCommerce pure-plays and social commerce platforms.
“Coming out of COVID, it was a depressed market, it was a tough competitive environment, and the results were not great,” Jejurikar said. “We are now growing in China for the first time in 15 quarters, driven by fundamental changes we made similar to what we’re doing in the company.”
Other consumer-focused companies have reported similar pressures this month. For example, grocery chain Albertsons forecast slightly weaker sales amid more cautious lower-income consumer spending.
The company lowered its guidance for the fiscal year, projecting decreases of 1.5% to 0.5%, as shoppers switch to private label products.
“We’re seeing a shift to value packaging, trade-downs,” CEO Susan Morris said during an earnings call. “I think we’ve talked about this before in certain commodities, and again, it’s a very bifurcated situation. Lower-income customers are shifting more to cheaper proteins, as an example.”
Procter & Gamble ve 4Q překonal odhad v core EPS na 1,43 USD, ale čisté tržby zaostaly na 21,20 mld. USD při konsensu 21,34 mld. USD a organické tržby zůstaly beze změny. Ve FY 2027 čeká organický růst tržeb 1 až 3 %.
Spotřebitelský koncern Procter & Gamble zveřejnil hospodářské výsledky za čtvrté čtvrtletí fiskálního roku 2026, které skončilo 30. června 2026. Jádrový zisk na akcii mírně překonal odhad analytiků, čisté tržby však očekávání nenaplnily a organický růst tržeb byl nulový. Pro fiskální rok 2027 společnost očekává organický růst tržeb v rozmezí 1 až 3 % (konsensus: 2,44 %).
Výsledky společnosti Procter & Gamble (PG) za 4Q FY 2026 4Q FY 2026 Konsensus 4Q FY 2026 4Q FY 2025 Čisté tržby (mld. USD) 21,20 21,34 20,89 Čistý zisk (mld. USD) 3,04 -- 3,62 Jádrový zisk na akcii (Core EPS, USD/akcie) 1,43 1,41 1,48 Výsledky za 4Q Čisté tržby meziročně vzrostly o 2 % na 21,20 mld. USD, pod odhadem 21,34 mld. USD. Organické tržby zůstaly meziročně beze změny (odhad: +1,85 %), organický objem prodejů rovněž stagnoval (odhad: +0,61 %). Dopad měnových kurzů na tržby činil -1 % (odhad: +0,48 %).
Čisté tržby Procter & Gamble ve 4Q FY 2026 dle segmentů
(mld. USD) Segment Čisté tržby Konsenzus Meziroční organická změna Beauty
3,98 3,92 +4 % Grooming
1,70 1,72 0 % Health Care
2,76 2,80 -1 % Fabric & Home Care
7,43 7,55 0 % Baby, Feminine & Family Care
5,05 5,15 -2 % Hrubá marže dosáhla 48,5 %.
Očištěný volný hotovostní tok činil 4,11 mld. USD.
Výhled na FY 2027 Společnost pro celý fiskální rok 2027 očekává:
Organický růst tržeb 1 až 3 % (konsensus: 2,44 %). Růst jádrového zisku na akcii 0 až 3 %. Jádrový zisk na akcii 6,89–7,11 USD (konsensus: 7,02 USD). Společnost zároveň uvedla, že v roce 2027 očekává dopad vyšších nákladů na suroviny, energie a dopravu ve výši přibližně 1 mld. USD po zdanění. Celoroční výhled organického růstu tržeb zahrnuje také negativní dopad 30 až 50 bazických bodů plynoucí z ukončování vybraných značek, produktových variant a distribučních kanálů.
Komentář vedení Shailesh Jejurikar, prezident a generální ředitel společnosti Procter & Gamble, uvedl: „Fiskální rok 2026 byl rokem budování základů, během něhož jsme zároveň pokračovali v růstu tržeb a zisku a vraceli akcionářům vysokou úroveň hotovosti, a to i přes velmi náročné geopolitické a ekonomické prostředí. Ve fiskálním roce 2027 očekáváme pokrok ve všech těchto klíčových ukazatelích, a to navzdory přetrvávající volatilitě. Věříme, že nejlepší cestou k udržitelnému a vyváženému růstu je posílit naši strategii a stavět spotřebitele do středu všeho, co děláme.“
Návrat kapitálu akcionářům Společnost za fiskální rok 2026 vrátila akcionářům více než 15 mld. USD, z toho 10,2 mld. USD formou dividend a 5,0 mld. USD prostřednictvím zpětných odkupů akcií. Dubnovým zvýšením dividendy společnost zaznamenala 70. po sobě jdoucí rok růstu dividendy a 136. po sobě jdoucí rok jejího vyplácení od založení firmy v roce 1890.
Akcie Procter & Gamble Akcie Procter & Gamble (PG) v předburzovní fázi obchodování klesají o 3,34 % na 143,90 USD.
Akcie Procter & Gamble Co/The (PG) před výsledky uzavřely na 148,88 USD Ukazatel Ukazatel Kapitalizace (mld. USD) 346,7 P/E 22,9 Vývoj za letošní rok (%) +3,9 Očekávané P/E 21,2 52týdenní minimum (USD) 137,6 Prům. cílová cena (USD) 161,7 52týdenní maximum (USD) 167,3 Dividendový výnos (%) 2,9 Zdroj: Procter & Gamble, Bloomberg
Wall Street expects a year-over-year decline in earnings on higher revenues when Procter & Gamble (PG - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 29. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis world's largest consumer products maker is expected to post quarterly earnings of $1.41 per share in its upcoming report, which represents a year-over-year change of -4.7%.
Revenues are expected to be $21.36 billion, up 2.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.85% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for P&G?For P&G, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.23%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that P&G will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that P&G would post earnings of $1.56 per share when it actually produced earnings of $1.59, delivering a surprise of +1.92%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
P&G doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Procter & Gamble zvýšil čtvrtletní dividendu o 3 % na 1,0885 USD na akcii a prodloužil sérii růstu dividend na 70 let v řadě. Firma zároveň potvrdila celoroční výhled.
Procter & Gamble (PG 0.12%) raised its quarterly dividend 3% in April to $1.0885 per share, marking its 70th consecutive year of dividend increases. Only five other publicly traded companies have raised their payouts for that many years in a row.
The streak is even more remarkable when you zoom out. P&G has paid a dividend every year since its incorporation in 1890 -- 136 straight years. And the payments are enormous in absolute terms, too. The company behind Tide, Pampers, and Gillette expects to pay around $10 billion in dividends in fiscal 2026, plus roughly $5 billion in share repurchases on top of it.
A streak like this is only possible because of what P&G sells. Detergent, diapers, razors, and paper towels get bought in good economies and bad ones, and the company's latest results show that durability at work. In its fiscal 2026 third quarter (the period ended March 31), P&G's organic sales, which exclude currency moves, acquisitions, and divestitures, grew 3% year over year, and core earnings per share rose 3% to $1.59. Management also maintained its full-year outlook even while absorbing tariff-related costs.
Image source: Procter & Gamble
Is the stock a buy for income? With shares trading near $148, P&G stock yields about 2.9% as of this writing. The payout consumes about 63% of the company's earnings over the past 12 months, a level that leaves room for the increases to continue. And the valuation looks arguably reasonable, too. Shares trade at about 21 times earnings -- not a bargain, but hardly a demanding price for a business this durable.
Today's Change
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Current Price
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Income investors should like that trade-off. This is a slow-growth business, with organic sales rising at a low single-digit rate, so nobody should expect the stock to keep up with the market's fastest growers. But the dividend is well covered by earnings, the raises keep coming, and 70 years of history suggest the payout can survive whatever the economy does next.
For investors looking for dependable income, P&G remains one of the simplest options in the market: a nearly 3% yield, backed by one of the longest dividend-growth streaks any company has ever put together.
Daniel Sparks and his clients do not have positions in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Procter & Gamble schválila čtvrtletní dividendu 1,0885 USD na jednu akcii, splatnou na nebo po 17. srpnu 2026 akcionářům k 24. červenci 2026. Dividendu vyplácí už 136 let v řadě a 70 let ji každoročně zvyšuje.
CINCINNATI--(BUSINESS WIRE)--The Board of Directors of The Procter & Gamble Company (NYSE:PG) declared a quarterly dividend of $1.0885 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after August 17, 2026 to Common Stock shareowners of record at the close of business on July 24, 2026, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareowners of record at the start of business on July 24, 2026.
P&G has been paying a dividend for 136 consecutive years since its incorporation in 1890 and has increased its dividend for 70 consecutive years. This reinforces our commitment to return cash to shareowners, many of whom rely on the steady, reliable income earned with their investment in P&G.
About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.
