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In its upcoming report, Procter & Gamble (PG - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.41 per share, reflecting a decline of 4.7% compared to the same period last year. Revenues are forecasted to be $21.36 billion, representing a year-over-year increase of 2.3%.

The current level reflects a downward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

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 usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

That said, let's delve into the average estimates of some P&G metrics that Wall Street analysts commonly model and monitor.

It is projected by analysts that the 'Net Sales- Beauty' will reach $3.88 billion. The estimate suggests a change of +4% year over year.

Based on the collective assessment of analysts, 'Net Sales- Grooming' should arrive at $1.71 billion. The estimate indicates a change of +1.6% from the prior-year quarter.

The combined assessment of analysts suggests that 'Net Sales- Corporate' will likely reach $250.59 million. The estimate indicates a year-over-year change of -8.5%.

Analysts' assessment points toward 'Net Sales- Fabric & Home Care' reaching $7.51 billion. The estimate points to a change of +1.7% from the year-ago quarter.

Analysts expect 'Net Sales- Baby, Feminine & Family Care' to come in at $5.12 billion. The estimate indicates a year-over-year change of +0.5%.

Analysts forecast 'Net Sales- Health Care' to reach $2.79 billion. The estimate points to a change of +2.4% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Earnings before income taxes- Beauty' of $714.12 million. The estimate is in contrast to the year-ago figure of $708.00 million.

According to the collective judgment of analysts, 'Earnings before income taxes- Grooming' should come in at $446.33 million. Compared to the current estimate, the company reported $458.00 million in the same quarter of the previous year.

The consensus among analysts is that 'Earnings before income taxes- Health Care' will reach $477.62 million. The estimate is in contrast to the year-ago figure of $487.00 million.

Analysts predict that the 'Earnings before income taxes- Fabric & Home Care' will reach $1.72 billion. The estimate is in contrast to the year-ago figure of $1.75 billion.

The consensus estimate for 'Earnings before income taxes- Baby, Feminine & Family Care' stands at $1.18 billion. Compared to the present estimate, the company reported $1.22 billion in the same quarter last year.

View all Key Company Metrics for P&G here>>>

Shares of P&G have demonstrated returns of -1% over the past month compared to the Zacks S&P 500 composite's +0.6% change. With a Zacks Rank #4 (Sell), PG is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Key Takeaways PG is set to report Q4'26 results, with 2.3% y/y sales growth expected.PG faces margin pressure from commodity costs, tariffs and higher financing expenses.PG's innovation and pricing strength continue supporting steady organic sales growth. The Procter & Gamble Company (PG - Free Report) , also known as P&G, is set to report fourth-quarter fiscal 2026 results on July 29, before the opening bell. The company is expected to have witnessed year-over-year sales growth in the to-be-reported quarter.

The Zacks Consensus Estimate for fiscal fourth-quarter revenues is pegged at $21.4 billion, indicating a 2.3% rise from the prior-year quarter’s reported figure. The consensus mark for PG’s earnings is pegged at $1.41 per share, indicating a decline of 4.7% from the year-ago quarter’s actual. The consensus mark for earnings has moved down by a penny in the past seven days.

The Zacks Consensus Estimate for fiscal 2026 revenues is pegged at $87.1 billion, indicating a 3.3% rise from the prior-year quarter’s reported figure. The consensus mark for PG’s earnings is pegged at $$6.88 per share, indicating a rise of 0.7% from the year-ago quarter’s actual. The consensus mark for earnings has moved down 0.3% in the past 30 days.

PG has a trailing four-quarter earnings surprise of 2.7%, on average. The company delivered an earnings surprise of 1.9% in the third quarter of fiscal 2026.

PG’s Q4 Earnings WhispersOur proven model does not conclusively predict an earnings beat for Procter & Gamble this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.

Procter & Gamble currently has an Earnings ESP of -0.23% and a Zacks Rank #4 (Sell).

Key Trends to Watch Ahead of PG's Q4 EarningsProcter & Gamble’s fourth-quarter fiscal 2026 results are expected to reflect the mounting pressures from elevated commodity costs, rising tariffs and higher financing expenses, which are expected to have weighed on its margin performance. The gross margin has been contracting despite productivity gains, while tariff headwinds and higher interest and taxes threaten earnings growth.

On the last reported quarter’s earnings call, management acknowledged ongoing pressure from raw materials, packaging, transportation and other supply-chain-related expenses, which have been weighing on the cost of goods sold and limited margin expansion. Management maintained its fiscal 2026 outlook, but earnings are expected to trend toward the lower end of 1-6% growth, as cost headwinds persist and investments step up.

PG projects all-in sales growth of 1-5% for fiscal 2026, including an estimated one-percentage-point tailwind from foreign exchange, acquisitions and divestitures. Organic sales growth is expected to be in line with or rise 4%.

We expect the core cost of products sold to increase 2.6% year over year in fourth-quarter fiscal 2026. Our model predicts the core gross margin to contract 20 bps year over year to 48.9%.

Management also highlighted that trade-related costs are creating incremental pressure on sourcing, manufacturing and cross-border supply chains. Given PG’s global footprint, tariffs can disrupt cost structures across multiple categories and geographies, limiting the company’s ability to fully offset impacts through productivity alone. While selective pricing actions and supply-chain adjustments provide partial mitigation, tariffs remain largely outside management’s control and can compress margins if sustained.

However, PG’s resilient performance underscores the power of its brand portfolio and disciplined operating strategy. Despite a mixed consumer backdrop, the company continues to generate steady organic sales, supported by pricing strength and broad-based category growth. Procter & Gamble continues to leverage its strong portfolio of daily-use products, wherein performance directly drives consumer brand choice, to deliver steady organic growth.

Our model predicts year-over-year organic sales growth of 0.4% for PG in the fourth quarter and 1.3% for fiscal 2026. Our model estimates organic sales growth of 2% for Beauty and 1% for the Fabric & Home Care segment, with flat organic sales for the Health Care segment. Organic sales for the Fabric & Home Care, and the Grooming segments are expected to decline 1% each in the fiscal fourth quarter.

The company’s integrated strategy, built on innovation, market expansion and productivity, has enabled it to adapt to shifting consumer dynamics and maintain competitiveness.

Innovation execution is a key swing factor. The company is rolling out major product upgrades and new formats across core franchises, with management repeatedly emphasizing that sustainable growth will come from superior performance rather than price-led tactics. PG’s focus on core categories and innovation continues to fuel performance, likely aiding organic sales in the fiscal third quarter.

Procter & Gamble’s Price Performance & ValuationPG shares have gained 4% in the year-to-date period compared with the industry’s return of 2.6%. However, the stock has underperformed the Zacks Consumer Staples sector and the S&P 500’s growth of 8.4% and 9.5%, respectively.

PG’s YTD Performance
Image Source: Zacks Investment Research

From the valuation standpoint, Procter & Gamble is trading at a forward 12-month P/E multiple of 21.1X, exceeding the industry’s average of 18.64X but below the S&P 500’s average of 20.85X. PG’s valuation appears pricey relative to the industry.

Image Source: Zacks Investment Research

Given the premium valuation, investors may face significant risks if the company's future performance does not meet expectations. The consumer goods market is becoming increasingly competitive, and Procter & Gamble’s innovation and market expansion may not suffice to drive significant growth. Macroeconomic challenges and heightened competition may impede the company's ability to sustain its current growth trajectory.

Stocks With the Favorable CombinationHere are some companies, which, according to our model, have the right combination of elements to beat on earnings this reporting cycle.

Fomento Economico Mexicano (FMX - Free Report) currently has an Earnings ESP of +37.42% and sports a Zacks Rank #1. The company is likely to register growth in the top and bottom lines when it reports second-quarter 2026 numbers. The consensus mark for revenues is pegged at $12.9 billion, which indicates a rise of 19.3% from the figure reported in the year-ago quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for FMX’s quarterly earnings per share of 82 cents implies growth of 95.2% from the year-ago quarter’s actual. The consensus mark has moved down 10.9% in the past 30 days. FMX has a trailing four-quarter negative earnings surprise of 17%, on average.

Newell Brands Inc. (NWL - Free Report) currently has an Earnings ESP of +5.36% and a Zacks Rank #2. The company is likely to register growth in the top line when it reports second-quarter 2026 numbers. The consensus mark for revenues is pegged at $1.97 billion, which indicates growth of 1.7% from the figure reported in the year-ago quarter.

The Zacks Consensus Estimate for Newell Brands’ quarterly earnings per share of 19 cents implies a decline of 20.8% from the year-ago quarter’s actual. The consensus mark has been unchanged in the past 30 days. NWL has a trailing four-quarter earnings surprise of 9.7%, on average.

Church & Dwight Co. Inc. (CHD - Free Report) currently has an Earnings ESP of +0.65% and a Zacks Rank #3. The company is likely to register declines in the top and bottom lines when it reports second-quarter 2026 numbers. The Zacks Consensus Estimate for CHD’s quarterly EPS is pegged at 89 cents, down 5.3% from the year-ago period. The consensus mark has been unchanged in the past 30 days.

The consensus estimate for CHD’s quarterly revenues is pegged at $1.5 billion, which implies a decline of 0.2% from the prior-year quarter. Church & Dwight has a trailing four-quarter earnings surprise of 6.5%, on average.

Posted by Defense World Staff on Jul 22nd, 2026

Arvest Bank Trust Division cut its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 30.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 49,004 shares of the company’s stock after selling 21,960 shares during the quarter. Arvest Bank Trust Division’s holdings in Procter & Gamble were worth $7,078,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. boosted 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. Litman Gregory Wealth Management LLC acquired a new position in Procter & Gamble during the fourth quarter worth $26,000. Park Square Financial Group LLC raised its position in 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 in 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 valued at $26,000 after purchasing an additional 171 shares during the last quarter. Finally, Basso Capital Management L.P. bought a new stake in Procter & Gamble in the 4th quarter valued at $28,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Trading Down 0.7% PG opened at $148.12 on Wednesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53. Procter & Gamble Company has a fifty-two week low of $137.62 and a fifty-two week high of $167.25. The company’s 50 day moving average price is $147.00 and its two-hundred day moving average price is $148.63. The firm has a market capitalization of $344.91 billion, a price-to-earnings ratio of 21.66, a PEG ratio of 7.42 and a beta of 0.39.

Procter & Gamble (NYSE:PG – Get Free Report) last posted its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. The business had revenue of $21.23 billion during the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.Procter & Gamble’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts predict that Procter & Gamble Company will post 6.88 earnings per share for the current year.

Procter & Gamble Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be paid a $1.0885 dividend. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 annualized dividend and a dividend yield of 2.9%. Procter & Gamble’s dividend payout ratio is presently 63.60%.

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

Positive Sentiment: Procter & Gamble is expanding manufacturing in Egypt to use the country as a hub for exports into Gulf and African markets, which could improve supply-chain efficiency and support longer-term international growth. Procter & Gamble (PG) Expands Egypt Manufacturing To Serve Gulf And African Markets Positive Sentiment: Several articles frame PG as a defensive “safe haven” and a strong dividend stock, which may be attracting investors looking to rotate away from higher-volatility AI names and into steadier consumer staples. As the AI Selloff Worsens, Time-Tested Procter Gamble Stock Could Be the Biggest Winner Positive Sentiment: PG is also being compared favorably on value and dividend appeal versus other consumer-staples names, reinforcing the view that it remains a high-quality holding for long-term income investors. NWL vs. PG: Which Stock Is the Better Value Option? Analyst Upgrades and Downgrades A number of equities research analysts have recently issued reports on the company. Rothschild & Co Redburn reduced their price objective on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Wells Fargo & Company increased their price target on Procter & Gamble from $158.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Raymond James Financial cut their target price on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Tuesday, April 14th. JPMorgan Chase & Co. decreased their price target 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. Finally, Bank of America dropped their price target on Procter & Gamble from $170.00 to $166.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Twelve research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $161.74.

View Our Latest Stock Report on Procter & Gamble

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 Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible 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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Posted by Defense World Staff on Jul 20th, 2026

Dimensional Fund Advisors LP lifted its position in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 2.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,797,916 shares of the company’s stock after buying an additional 300,280 shares during the quarter. Procter & Gamble makes up 0.4% of Dimensional Fund Advisors LP’s investment portfolio, making the stock its 25th largest position. Dimensional Fund Advisors LP owned about 0.51% of Procter & Gamble worth $1,704,182,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. raised its holdings in Procter & Gamble by 1,000.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 165 shares of the company’s stock valued at $25,000 after acquiring an additional 150 shares during the last quarter. Park Square Financial Group LLC lifted its stake in shares of Procter & Gamble by 65.1% during the 4th quarter. Park Square Financial Group LLC now owns 180 shares of the company’s stock worth $26,000 after purchasing an additional 71 shares during the period. Evolution Wealth Management Inc. boosted its holdings in shares of Procter & Gamble by 1,315.4% during the fourth quarter. Evolution Wealth Management Inc. now owns 184 shares of the company’s stock worth $26,000 after purchasing an additional 171 shares during the last quarter. Litman Gregory Wealth Management LLC purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at $26,000. Finally, Maseco LLP purchased a new stake in shares of Procter & Gamble in the fourth quarter valued at $28,000. Hedge funds and other institutional investors own 65.77% of the company’s stock.

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

Positive Sentiment: Procter & Gamble’s long dividend track record remains a key support for the stock, with the company having raised its payout for 70 consecutive years, reinforcing its status as a dependable income name. Article title Positive Sentiment: JPMorgan kept an overweight rating on PG while only trimming its price target to $162 from $164, signaling continued upside expectations from current levels. Article title Positive Sentiment: Some commentary says PG still screens as undervalued and could benefit from planned cuts to as many as 7,000 non-manufacturing roles, which may improve margins over time. Article title Neutral Sentiment: Erste Group slightly lowered its FY2026 and FY2027 earnings estimates, but the changes were minimal and its full-year FY2026 forecast still matches consensus. Article title Neutral Sentiment: UBS said consumer-staple companies likely had another “tricky” quarter, which suggests a challenging operating backdrop for PG and peers rather than a company-specific setback. Article title Negative Sentiment: The stock is also being pressured by a broader risk-off move and weakness in equities, including a selloff in growth/AI-related names that has pushed some investors back toward defensive stocks like PG. Article title Analyst Upgrades and Downgrades Several equities analysts recently weighed in on PG shares. Sanford C. Bernstein started coverage on Procter & Gamble in a research report on Thursday, June 11th. They set a “market perform” rating and a $156.00 target price on the stock. Raymond James Financial lowered their price target on Procter & Gamble from $175.00 to $170.00 and set an “outperform” rating for the company in a report on Tuesday, April 14th. Rothschild & Co Redburn dropped their price objective on shares of Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a research note on Monday, April 27th. Royal Bank Of Canada decreased their target price on shares of Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating on the stock in a research report on Thursday, April 9th. Finally, Jefferies Financial Group boosted their target price on shares of Procter & Gamble from $177.00 to $179.00 and gave the company a “buy” rating in a report on Friday, June 26th. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Procter & Gamble currently has an average rating of “Moderate Buy” and a consensus target price of $161.42.

Get Our Latest Research Report on Procter & Gamble

Procter & Gamble Price Performance Shares of Procter & Gamble stock opened at $149.84 on Monday. The business’s fifty day moving average price is $146.80 and its 200 day moving average price is $148.56. Procter & Gamble Company has a twelve month low of $137.62 and a twelve month high of $167.25. The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $348.92 billion, a P/E ratio of 21.91, a PEG ratio of 7.46 and a beta of 0.39.

Procter & Gamble (NYSE:PG – Get Free Report) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.56 by $0.03. The company had revenue of $21.23 billion during the quarter, compared to analyst estimates of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The firm’s revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.54 earnings per share. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current year.

Procter & Gamble Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Friday, July 24th will be issued a $1.0885 dividend. The ex-dividend date is Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio (DPR) is presently 63.60%.

Procter & Gamble Company 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.

Recommended Stories Five stocks we like better than Procter & Gamble Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks 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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Posted by Defense World Staff on Jul 20th, 2026

Boston Common Asset Management LLC grew its holdings in Procter & Gamble Company (The) (NYSE:PG – Free Report) by 21.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 80,800 shares of the company’s stock after acquiring an additional 14,203 shares during the period. Boston Common Asset Management LLC’s holdings in Procter & Gamble were worth $11,671,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in PG. Gradient Investments LLC grew its holdings in Procter & Gamble by 12.8% during the 4th quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after purchasing an additional 28,777 shares in the last quarter. Cibc World Market Inc. increased its stake in Procter & Gamble by 40.6% during the 4th quarter. Cibc World Market Inc. now owns 511,833 shares of the company’s stock worth $73,351,000 after buying an additional 147,701 shares during the period. World Investment Advisors lifted its holdings in Procter & Gamble by 15.9% in the 4th quarter. World Investment Advisors now owns 105,915 shares of the company’s stock worth $15,179,000 after buying an additional 14,492 shares in the last quarter. Resources Management Corp CT ADV boosted its position in Procter & Gamble by 41.8% in the 4th quarter. Resources Management Corp CT ADV now owns 81,511 shares of the company’s stock valued at $11,681,000 after buying an additional 24,010 shares during the last quarter. Finally, Indivisible Partners purchased a new position in Procter & Gamble in the 4th quarter valued at about $2,120,000. Institutional investors and hedge funds own 65.77% of the company’s stock.

Procter & Gamble Price Performance Shares of PG stock opened at $149.84 on Monday. The firm has a fifty day moving average of $146.80 and a two-hundred day moving average of $148.56. The firm has a market cap of $348.92 billion, a P/E ratio of 21.91, a P/E/G ratio of 7.46 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 company has a debt-to-equity ratio of 0.44, a current ratio of 0.73 and a quick ratio of 0.53.

Procter & Gamble (NYSE:PG – Get Free Report) last issued its earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The business had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the prior year, the business posted $1.54 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. As a group, research analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

Procter & Gamble Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 24th will be paid a dividend of $1.0885 per share. The ex-dividend date is Friday, July 24th. This represents a $4.35 annualized dividend and a yield of 2.9%. Procter & Gamble’s dividend payout ratio is presently 63.60%.

Wall Street Analyst Weigh In A number of brokerages have recently issued reports on PG. Erste Group Bank lowered Procter & Gamble from a “buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Rothschild & Co Redburn reduced their price target on Procter & Gamble from $157.00 to $155.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Royal Bank Of Canada lowered their price objective on Procter & Gamble from $172.00 to $167.00 and set an “outperform” rating for the company in a research note on Thursday, April 9th. Jefferies Financial Group lifted their price objective on Procter & Gamble from $177.00 to $179.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Finally, Wells Fargo & Company upped their target price on Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Twelve research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $161.42.

Get Our Latest Stock Analysis on Procter & Gamble

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

Positive Sentiment: Procter & Gamble’s long dividend track record remains a key support for the stock, with the company having raised its payout for 70 consecutive years, reinforcing its status as a dependable income name. Article title Positive Sentiment: JPMorgan kept an overweight rating on PG while only trimming its price target to $162 from $164, signaling continued upside expectations from current levels. Article title Positive Sentiment: Some commentary says PG still screens as undervalued and could benefit from planned cuts to as many as 7,000 non-manufacturing roles, which may improve margins over time. Article title Neutral Sentiment: Erste Group slightly lowered its FY2026 and FY2027 earnings estimates, but the changes were minimal and its full-year FY2026 forecast still matches consensus. Article title Neutral Sentiment: UBS said consumer-staple companies likely had another “tricky” quarter, which suggests a challenging operating backdrop for PG and peers rather than a company-specific setback. Article title Negative Sentiment: The stock is also being pressured by a broader risk-off move and weakness in equities, including a selloff in growth/AI-related names that has pushed some investors back toward defensive stocks like PG. Article title Procter & Gamble Company 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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Procter & Gamble Company (The) (NYSE:PG – Get Free Report) traded up 1.3% on Wednesday after the company announced a dividend. The stock traded as high as $148.59 and last traded at $147.9260. Approximately 6,129,341 shares changed hands during trading, a decline of 40% from the average session volume of 10,195,594 shares. The stock had previously closed at $146.08.

The newly announced dividend which will be paid on Monday, August 17th. Stockholders of record on Friday, July 24th will be issued a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, July 24th. This represents a $4.35 dividend on an annualized basis and a dividend yield of 2.9%. Procter & Gamble’s payout ratio is 63.60%.

Analysts Set New Price Targets Several analysts recently weighed in on the company. BNP Paribas Exane dropped their price objective on Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Procter & Gamble in a research report on Wednesday, June 24th. Evercore set a $162.00 target price on Procter & Gamble in a research note on Monday, April 27th. Barclays dropped their target price on shares of Procter & Gamble from $155.00 to $146.00 and set an “equal weight” rating for the company in a report on Tuesday, April 14th. Finally, TD Cowen raised their price target 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. Twelve analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, Procter & Gamble has an average rating of “Moderate Buy” and a consensus price target of $161.42.

Get Our Latest Analysis on PG

Procter & Gamble Stock Up 2.3% The company has a current ratio of 0.73, a quick ratio of 0.53 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $352.76 billion, a P/E ratio of 22.15, a PEG ratio of 7.21 and a beta of 0.39. The stock has a 50 day moving average price of $146.73 and a 200 day moving average price of $148.53.

Procter & Gamble (NYSE:PG – Get Free Report) last issued its quarterly earnings data on Friday, April 24th. The company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The business had revenue of $21.23 billion for the quarter, compared to analyst estimates of $21.52 billion. During the same quarter in the previous year, the company posted $1.54 EPS. Procter & Gamble’s quarterly revenue was up 7.4% compared to the same quarter last year. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, research analysts anticipate that Procter & Gamble Company will post 6.88 earnings per share for the current fiscal year.

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

Positive Sentiment: JPMorgan kept an overweight rating on Procter & Gamble while only trimming its price target to $162 from $164, which still implies upside from current levels. Benzinga report on JPMorgan price target cut Positive Sentiment: Recent coverage suggests PG may still be undervalued based on DCF and earnings-multiple checks, and management’s plan to cut up to 7,000 non-manufacturing jobs could support margins and cash flow over time. Yahoo Finance article on valuation and job cuts Positive Sentiment: Procter & Gamble announced a quarterly dividend, reinforcing its appeal as a defensive income stock for investors. TipRanks dividend declaration article Neutral Sentiment: PG recently outperformed the broader market, showing relative strength even without a major new catalyst. Yahoo Finance article on PG outperformance Neutral Sentiment: UBS warned that consumer staple companies likely faced another “tricky” quarter, which highlights a potentially tougher operating backdrop for the sector, though PG-specific details were not provided. Yahoo Finance UBS sector outlook article Negative Sentiment: The broader consumer-staples outlook may be pressured by slower earnings growth, which could limit how much investors are willing to pay for PG despite its defensive profile. Institutional Inflows and Outflows Large investors have recently added to or reduced their stakes in the business. Brown Miller Wealth Management LLC raised its stake in shares of Procter & Gamble by 3.2% during the second quarter. Brown Miller Wealth Management LLC now owns 22,189 shares of the company’s stock valued at $3,254,000 after acquiring an additional 688 shares during the last quarter. Seelaus Asset Management LLC lifted its holdings in shares of Procter & Gamble by 12.7% during the second quarter. Seelaus Asset Management LLC now owns 5,609 shares of the company’s stock worth $823,000 after purchasing an additional 633 shares during the period. Capital Advisors Ltd. LLC grew its stake in shares of Procter & Gamble by 2.8% in the second quarter. Capital Advisors Ltd. LLC now owns 3,934 shares of the company’s stock worth $577,000 after purchasing an additional 108 shares during the last quarter. Richards Merrill & Peterson Inc. grew its stake in shares of Procter & Gamble by 6.6% in the second quarter. Richards Merrill & Peterson Inc. now owns 13,393 shares of the company’s stock worth $1,964,000 after purchasing an additional 833 shares during the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in Procter & Gamble by 0.8% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 216,340 shares of the company’s stock worth $31,724,000 after purchasing an additional 1,616 shares during the last quarter. Institutional investors own 65.77% of the company’s stock.

About Procter & Gamble (Get 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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CINCINNATI--(BUSINESS WIRE)--The multi-year, multi-brand partnership between Procter & Gamble and USA Gymnastics (USAG) will officially debut with Head & Shoulders, the Official Shampoo of USA Gymnastics, at the 2026 U.S. Classic in Hartford, CT (July 17–18). A long-standing global Olympic and Paralympic Partner, P&G launched the USAG partnership in February when they celebrated the conclusion of The Olympic and Paralympic Winter Games Milano Cortina 2026 and generated excitement fo.

Procter & Gamble (PG - Free Report) ended the recent trading session at $148.05, demonstrating a +1.35% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.38%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq gained 0.62%.

The world's largest consumer products maker's shares have seen a decrease of 4.2% over the last month, not keeping up with the Consumer Staples sector's loss of 1.99% and the S&P 500's gain of 1.61%.

Market participants will be closely following the financial results of Procter & Gamble in its upcoming release. The company plans to announce its earnings on July 29, 2026. In that report, analysts expect Procter & Gamble to post earnings of $1.42 per share. This would mark a year-over-year decline of 4.05%. Our most recent consensus estimate is calling for quarterly revenue of $21.41 billion, up 2.52% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.88 per share and revenue of $87.12 billion, indicating changes of +0.73% and +3.37%, respectively, compared to the previous year.

Investors should also note any recent changes to analyst estimates for Procter & Gamble. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.5% lower. As of now, Procter & Gamble holds a Zacks Rank of #4 (Sell).

Digging into valuation, Procter & Gamble currently has a Forward P/E ratio of 20.74. This indicates a premium in contrast to its industry's Forward P/E of 19.65.

We can additionally observe that PG currently boasts a PEG ratio of 7.11. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Consumer Products - Staples industry had an average PEG ratio of 3.29 as trading concluded yesterday.

The Consumer Products - Staples industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 198, placing it within the bottom 20% of over 250 industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Procter & Gamble (PG 0.83%) isn't just a great dividend stock. It's one of only six stocks that have raised its dividends consecutively for the past 70 years. That's an elite status that's a tier above the classic Dividend King stocks, a class of stocks that have raised their dividends for at least 50 years, and it implies rock-solid stability. It has managed to keep increasing the dividend under all kinds of conditions, including inflation, pandemics, and wars, without skipping a beat.

Image source: Getty Images.

Procter & Gamble's dividend is as reliable as they come. But how much money can you really get annually from your investment?

More than a Dividend King Procter & Gamble's dividend isn't just reliable. It also has an attractive yield, currently 2.9% at the current price. The stock costs $147 per share as of this writing (July 12), and $10,000 will get you 68 shares. It pays $4.26 per share annually, so you'd receive $289.68 this year for your investment of $10,000.

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That may not sound so magnificent, but it grows every year. And $10,000 wouldn't be enough to fund your retirement, but it could be a dependable source of passive income as part of a broader passive-income-dedicated portfolio.

Jennifer Saibil has no position 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.

In the last few days, a lot of news piled up, from renewed tensions between the U.S. and Iran to memory and storage stocks selling off, leading investors to rotate out of tech stocks. And even more broadly, major indexes like the S&P 500 (^GSPC +0.42%) were feeling the pressure.

That, however, doesn't necessarily mean a stock market crash is a given. It also doesn't mean knee-jerk reactions are warranted, as they can damage a portfolio in the long term.

That said, there's nothing wrong with being prepared if the market were to experience a prolonged downturn. And ahead of a market crash, history suggests making one move can help long-term investors win out.

Image source: Getty Images.

Standard considerations When markets look rocky, more focus shifts toward consumer staples and income stocks.

For consumer staples, those companies are viewed as potential safe-haven investments because people still need to buy essential products no matter what's happening in the world. Even if the market looks like it's in trouble, shoppers will still pick up Tide detergent, Bounty paper towels, and Crest toothpaste, all made by Procter & Gamble (PG +0.13%).

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Companies with reliable dividends are typically mature and have stable business models. That doesn't mean they are immune to a broad market sell-off, but they can absorb such a downturn a little more easily, typically with less volatility in price swings. Dividend Kings, the companies that have increased their payouts for 50 or more consecutive years, offer that kind of stability while also paying out consistent dividends.

Consumer staple stocks and Dividend Kings can be great additions to a portfolio and serve it well over the long term. But selling a stock quickly to buy something else can be a reactive move driven by fear, which can create two issues.

One issue is that selling a stock has tax ramifications. The second issue is that there's no way of knowing when a market rebound will occur. Selling a stock at a loss or at a small profit while it's down during market turbulence runs the risk of missing out on a long-term rally.

What history says to do instead There will always be downturns, sell-offs, corrections, and crashes, and they will all feel unnerving. But over the long term, staying in the stock market has worked out for investors who can handle the volatility.

Surprisingly, some of the market's best days occur during downturns. According to Hartford Funds, 48% of the S&P 500's best days occurred during bear markets from 1996 to 2025. Also, with a $10,000 investment in 1965 in an index fund that tracked the exact performance of the S&P 500 index, staying invested until 2025 would have turned that initial investment into over $192,000. Missing just the 10 best days of the market during that time, however, would have turned that $10,000 investment into a little more than $85,000, which is 56% lower than the return of the individual who just stayed invested the entire time.

What history suggests, then, is not making rash decisions, as no one knows when the market's best days will occur. Also, for a company whose business fundamentals haven't changed, but that's just caught up in a broad sell-off, more aggressive investors could consider buying into the downturn, which can lower their total investment cost.

It's not often that components of the Dow Jones Industrial Average (DJIA) are shuffled, so when new companies appear, it's usually a much-discussed event. This was certainly the case in late June, when S&P Global announced that Alphabet (GOOG 0.76%) (GOOGL 0.87%) would be joining the index, replacing Verizon Communications.

But while the shake-up means a new name will be added to the Dow, it's worth noting the storied histories of some of the Dow's members. One stock, in fact, has been a Dow component for nearly a century -- and raising its dividend since before Google's co-founders Larry Page and Sergey Brin were born.

Image source: Getty Images.

How is Alphabet a blue chip of a different hue? Unlike many constituents that have earned their stripes through decades of industry leadership and strong financial performance, Alphabet has been admitted to the Dow for reasons other than its performance.

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S&P Global acknowledges Alphabet as a worthy Dow component, in part, for its diversified portfolio, which provides industry-leading digital services spanning numerous tech niches, including advertising, cloud infrastructure, and artificial intelligence (AI). Moreover, S&P Global states that including Alphabet "will broaden and strengthen the DJIA's exposure to these dynamic areas of the U.S. economy."

While it doesn't have a lengthy operating history to its credit, Alphabet's "larger market capitalization and share price, together with the breadth of its businesses, make it a more representative Communication Services constituent in the DJIA," in S&P Global's estimation.

This consumer goods stalwart is a regal dividend stock Tracing its roots back to 1837, Procter & Gamble (PG +0.50%) is a name many people recognize for its numerous household products -- everything from baby care to personal grooming. Procter & Gamble's stock familiarity as a Dow constituent and as a dividend powerhouse, on the other hand, may be lesser known.

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Procter & Gamble stock debuted in the Dow Jones in 1932, making it one of the longest-tenured Dow components. Perhaps even more impressive is its steadfast dedication to rewarding shareholders. A Dividend King (a company that has boosted its dividend for 50 consecutive years), Procter & Gamble stock has hiked its dividend for 70 years in a row -- a feat that few companies can lay claim to.

Unlike Alphabet, which is consistently developing innovative tech, Procter & Gamble operates a predictable, unexciting business, but that's just fine for passive-income investors. The steady revenue and earnings provide management with ample opportunities to return capital to shareholders while ensuring the company remains financially healthy. From 2016 through 2025, for example, Procter & Gamble has boosted its dividend at a compound annual growth rate of 5.1% -- a period during which the company averaged a conservative 75.7% payout ratio.

Using Alphabet to help spell out the health of U.S. economy As Alphabet's presence in our daily lives grows increasingly prevalent, it's unsurprising that S&P Global elected to replace Verizon with Alphabet stock as a Dow component. While investors have a blue chip powerhouse with AI (and other cutting-edge tech) exposure in the Dow, it's worth taking time to also recognize the value of Procter & Gamble stock -- a long-tenured Dow member dedicated to increasing dividends. For those seeking portfolio diversification, both Alphabet and Procter & Gamble may be welcome additions to investors' holdings.

Procter & Gamble (PG - Free Report) closed at $148.40 in the latest trading session, marking a -2.85% move from the prior day. This change lagged the S&P 500's daily loss of 0.28%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq increased by 0.2%.

Shares of the world's largest consumer products maker witnessed a gain of 2.74% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 4%, and outperforming the S&P 500's gain of 1.64%.

Investors will be eagerly watching for the performance of Procter & Gamble in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 29, 2026. The company's earnings per share (EPS) are projected to be $1.43, reflecting a 3.38% decrease from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $21.43 billion, up 2.58% from the prior-year quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.9 per share and revenue of $87.12 billion, indicating changes of +1.02% and +3.37%, respectively, compared to the previous year.

Investors should also pay attention to any latest changes in analyst estimates for Procter & Gamble. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.26% lower. At present, Procter & Gamble boasts a Zacks Rank of #4 (Sell).

Valuation is also important, so investors should note that Procter & Gamble has a Forward P/E ratio of 21.63 right now. This denotes a premium relative to the industry average Forward P/E of 19.02.

One should further note that PG currently holds a PEG ratio of 6.5. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Consumer Products - Staples stocks are, on average, holding a PEG ratio of 3.28 based on yesterday's closing prices.

The Consumer Products - Staples industry is part of the Consumer Staples sector. This industry currently has a Zacks Industry Rank of 201, which puts it in the bottom 19% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

CINCINNATI--(BUSINESS WIRE)--Soccer in the U.S. is having its biggest moment yet, and Febreze is taking on one of the game's most relatable side effects: the stink. Today, Febreze announced Can't Wash This, a new soccer-inspired campaign built on a simple truth: as the game grows, so do the gear piles, car rides, watch parties and soft surfaces that pick up odor but can't always go in the wash. As the Official Odor Fighter of Major League Soccer, and with an anticipated 47 million new soccer fa.

CINCINNATI--(BUSINESS WIRE)--The Procter & Gamble Company (NYSE:PG) will webcast a discussion of its fourth quarter earnings results on Wednesday, July 29, 2026, beginning at 8:30 a.m. ET. Media and investors may access the live audio webcast at https://www.pginvestor.com. The webcast will also be available for replay. 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®.

Procter & Gamble (PG - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Over the past month, shares of this world's largest consumer products maker have returned +3.8%, compared to the Zacks S&P 500 composite's -2.9% change. During this period, the Zacks Consumer Products - Staples industry, which P&G falls in, has gained 5.1%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, P&G is expected to post earnings of $1.43 per share, indicating a change of -3.4% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.4% over the last 30 days.

The consensus earnings estimate of $6.9 for the current fiscal year indicates a year-over-year change of +1%. This estimate has changed -0.1% over the last 30 days.

For the next fiscal year, the consensus earnings estimate of $7.08 indicates a change of +2.6% from what P&G is expected to report a year ago. Over the past month, the estimate has changed -0.1%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, P&G is rated Zacks Rank #4 (Sell).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Revenue Growth ForecastEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of P&G, the consensus sales estimate of $21.46 billion for the current quarter points to a year-over-year change of +2.7%. The $87.15 billion and $89.58 billion estimates for the current and next fiscal years indicate changes of +3.4% and +2.8%, respectively.

Last Reported Results and Surprise HistoryP&G reported revenues of $21.24 billion in the last reported quarter, representing a year-over-year change of +7.4%. EPS of $1.59 for the same period compares with $1.54 a year ago.

Compared to the Zacks Consensus Estimate of $20.51 billion, the reported revenues represent a surprise of +3.52%. The EPS surprise was +1.92%.

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.

ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

P&G is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about P&G. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.

Procter & Gamble (PG - Free Report) closed at $148.50 in the latest trading session, marking a -2.33% move from the prior day. This move lagged the S&P 500's daily loss of 0.01%. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq lost 0.46%.

Heading into today, shares of the world's largest consumer products maker had gained 3.08% over the past month, outpacing the Consumer Staples sector's loss of 0.12% and the S&P 500's loss of 1.4%.

Investors will be eagerly watching for the performance of Procter & Gamble in its upcoming earnings disclosure. The company's upcoming EPS is projected at $1.44, signifying a 2.70% drop compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $21.46 billion, up 2.74% from the prior-year quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.91 per share and a revenue of $87.15 billion, indicating changes of +1.17% and +3.4%, respectively, from the former year.

Investors should also note any recent changes to analyst estimates for Procter & Gamble. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.07% lower. Procter & Gamble currently has a Zacks Rank of #4 (Sell).

Looking at valuation, Procter & Gamble is presently trading at a Forward P/E ratio of 22.01. This expresses a premium compared to the average Forward P/E of 18.86 of its industry.

One should further note that PG currently holds a PEG ratio of 6.61. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Consumer Products - Staples industry currently had an average PEG ratio of 3.18 as of yesterday's close.

The Consumer Products - Staples industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 167, positioning it in the bottom 32% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

© Billion Photos / Shutterstock.com

Income investors keep coming back to the same playbook in choppy markets: own businesses that have raised their payouts every single year, no matter what the economy is doing. June is a natural moment to reposition into dividend growers because mid-year cash needs to be put to work, and the three names below have done the one thing that matters most to compounders. They keep writing bigger checks, year after year, through every recession, crash, and inflation cycle since the 1960s.

Here are three Dividend Kings (or king-adjacent) names worth a hard look this month.

Coca-Cola (KO) Coca-Cola (NYSE:KO | KO Price Prediction) is the cleanest expression of the “pay you more every year” thesis. Management confirmed on the Q4 2025 call that this marks the 63rd consecutive year of dividend increases, putting it among the most elite Dividend Kings in the market. The company paid $8.8 billion in dividends during 2025, and the most recent quarterly payout sits at $0.53 per share, with an ex-dividend date of June 15, 2026 and a payment date of July 1, 2026.

The bull case got stronger in April. Q1 2026 revenue rose 12% year over year to $12.47 billion, organic revenue grew 10%, and operating margin expanded to 35% from 33%. Coca-Cola Zero Sugar volumes jumped 13%. Management is guiding to comparable EPS growth of 8% to 9% and roughly $12.2 billion in free cash flow for 2026, which more than covers the dividend. Shares are up 17% year to date at $80.36, and the Street’s average target sits at $85.97.

Risk: The pending sale of Coca-Cola Beverages Africa creates a roughly 4% revenue headwind, and Asia Pacific operating income fell 17% last quarter. Trailing valuation at a 26 P/E is not cheap for a low-single-digit organic grower in a normalized year.

Procter & Gamble (PG) Procter & Gamble (NYSE:PG) recently checked the box on its 70th consecutive annual dividend increase and its 136th consecutive year of dividend payments since incorporation in 1890. That is roughly a century and a half of uninterrupted cash returns. The current quarterly dividend stands at $1.0885 per share, with an ex-dividend date of April 24, 2026. Management has earmarked roughly $10 billion in dividends for FY2026 on top of $5 billion in planned buybacks.

Q3 FY26 results showed the engine is still running. Net sales rose 7% to $21.24 billion, organic sales grew 3%, and the Beauty segment posted 7% organic growth. CEO Shailesh Jejurikar called it “a solid acceleration in top-line results… with broad-based growth across product categories and regions.” The stock trades at $152.52 after a 7% YTD gain, with the analyst target average at $163.43 and a current yield of 3%.

Risk: P&G is absorbing roughly $400 million in after-tax tariff costs and a $150 million commodity headwind in FY2026, and Core EPS is now expected toward the low end of the $6.83 to $7.09 range. Core gross margin compressed 100 basis points, which is the kind of slow drip that can mute total return even if the dividend keeps climbing.

AbbVie (ABBV) AbbVie (NYSE:ABBV) is the highest-yielding name of the three at 3%, with a most recent quarterly payout of $1.73 per share and an ex-dividend date of April 15, 2026. The dividend has been raised every year since the 2013 spinoff from Abbott, and combined with the parent’s heritage, the lineage qualifies it as part of a 50-plus-year Dividend Aristocrat track record. Quarterly payouts climbed from $1.55 in 2024 to $1.64 in 2025 to $1.73 in 2026.

The Humira-to-immunology handoff is working. Q1 2026 revenue rose 12% to $15.00 billion, with Skyrizi up 31% to $4.48 billion and Rinvoq up 23% to $2.12 billion. Management raised full-year adjusted EPS guidance to $14.08 to $14.28. CEO Robert A. Michael said AbbVie is “off to an excellent start in 2026, with first-quarter results exceeding our expectations.” Shares trade at $221.80, off slightly year to date, and the analyst average target is $253.55 based on 8 strong buys and 16 buys.

Risk: Humira sales fell 39% to $688 million, the trailing GAAP P/E reads at 111 on IPR&D-charge noise, and shareholders’ equity is negative. The forward P/E of 16 is a far more accurate read on the underlying business.

What To Watch Next All three names share a single common feature: they have raised payouts through every recession of the past half century, and each is doing it again in 2026. KO is the steadiest compounder, PG is the deepest moat, and ABBV is the highest yield with the most growth attached. For June income hunters wanting durable raises rather than chasing yield traps, this is the bench to study.

Researchers and developers believed they could improve the company's crown jewel—and sell consumers on a laundry ‘tile.'

Procter & Gamble (PG - Free Report) ended the recent trading session at $147.68, demonstrating a -1.8% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.37%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq lost 1.33%.

The world's largest consumer products maker's stock has climbed by 4.11% in the past month, exceeding the Consumer Staples sector's loss of 1.01% and the S&P 500's gain of 2.02%.

Analysts and investors alike will be keeping a close eye on the performance of Procter & Gamble in its upcoming earnings disclosure. In that report, analysts expect Procter & Gamble to post earnings of $1.44 per share. This would mark a year-over-year decline of 2.7%. In the meantime, our current consensus estimate forecasts the revenue to be $21.46 billion, indicating a 2.74% growth compared to the corresponding quarter of the prior year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.91 per share and a revenue of $87.15 billion, representing changes of +1.17% and +3.4%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for Procter & Gamble. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.07% lower. At present, Procter & Gamble boasts a Zacks Rank of #4 (Sell).

In terms of valuation, Procter & Gamble is currently trading at a Forward P/E ratio of 21.77. This represents a premium compared to its industry average Forward P/E of 18.47.

Also, we should mention that PG has a PEG ratio of 6.54. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Consumer Products - Staples industry currently had an average PEG ratio of 3.13 as of yesterday's close.

The Consumer Products - Staples industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 169, finds itself in the bottom 31% echelons of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

As we near the half-year mark, the S&P 500 is up 9% year to date. The bull market is thriving, and the market just witnessed the largest initial public offering (IPO) ever, with Space Exploration Technology's $1.8 trillion market debut.

That's a great setup for the rest of the year. There are still two more high-profile IPOs on the table, with Anthropic and OpenAI planning to go public. Many companies have reported strong performance and artificial intelligence (AI) is still driving high gains.

Image source: Getty Images.

However, investors shouldn't become giddy and lose sight of the fact that the market is expensive. The more inflated it becomes, the more uncoupled it becomes (to borrow a phrase from Warren Buffett) from "the plodding performances of the businesses themselves." Investors might think this time will be different as AI companies boast high growth and plush profits, but valuations still have to make sense.

If you're worried about a market crash on the horizon, make sure you have some excellent dividend stocks to fortify your portfolio. Procter & Gamble (PG +1.35%) and Coca-Cola (KO 0.78%) are two great candidates.

1. Procter & Gamble Procter & Gamble is a Dividend King, meaning the company has raised its dividend for at least 50 years, and it is one of only five companies that have raised their dividends for 70 years. That is an unparalleled track record that indicates rock-solid reliability and durability under almost any imaginable scenario, and that provides unmatched security for your portfolio.

The company owns many brands you likely use and at least recognize, including Pantene, Gillette, and Crest, that cover the gamut of household, beauty, and baby care. These are trusted names in categories that most people consider essential, providing resilience at all times.

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It also means that Procter & Gamble isn't the fastest-growing, and as a stock, it serves a different purpose for investors. The company typically reports single-digit sales increases, and when it's a high single digit, that's impressive. In its favor, it has built up its brand names over decades of operation, which gives it pricing power. On the other hand, shoppers might switch down when there's pressure.

In its most recent quarter, sales increased 7% year over year, and core earnings per share (EPS) rose from $1.54 to $1.59, which was a fine performance.

The dividend yields 2.9% at the current price, and investors can count on it under any conditions.

2. Coca-Cola Coca-Cola is also a Dividend King, having raised its dividend for 64 years.

Many people know its namesake brand, which is ubiquitous on store shelves and in restaurants, but it actually owns about 200 brands, and still has a large market opportunity. It identifies only 20% of the world as developed countries, of which it has abut 14% of market share, and 80% of the world as underdeveloped, of which it has only 6%. These are areas that aren't necessarily drinking carbonated beverages like Coke, but could be in the future.

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Coca-Cola is a pure-play beverage company, and the largest in the world. It reported strong performance over the past few years, and its pricing power keeps loyal fans engaged despite the pressured environment, resulting in robust profits as well. In the 2026 first quarter, total revenue increased 12% year over year, while operating income was up 19%.

The company is a large, global giant with many moving parts, and it's using AI to draft an accurate strategy that meets different beverage needs worldwide. The future still looks bright for the soft drink powerhouse.

It's a rare Dividend King that's beating the market right now, up 19% year to date, and the dividend yields 2.5% at the current price, providing gains and reliable passive income.

Victims of scams have lost an average of $969 so far this year

, /PRNewswire/ -- So far this year, monetary losses from scams impacting Pacific Gas and Electric Company (PG&E) customers are on track to outpace 2025, with customers losing over $211,000 through mid-year. To help customers spot the signs of a scam and avoid falling victim, PG&E is sharing important tips and is warning customers of an emerging scam that may be playing a part in that surge.

The most common scam continues to involve scammers placing a phone call to PG&E customers with a demand for immediate payment to avoid disconnection. A new wrinkle on that scam has emerged in 2026, where scammers call customers to threaten disconnection, and then send them either a barcode or QR code via text or email. The customer is then instructed to take the barcode or QR code to a store or business to present to a cashier to make payment.

"Scammers are constantly evolving their tactics to defraud customers, and the latest 'barcode scam' is a prime example of that. What hasn't changed is that they are still demanding immediate payment of your bill to avoid disconnection. If you receive a call of this nature, hang up. If someone at your door asks to see your utility bill, close the door. Then, call our 800 number or log into your account at PGE.com to verify your billing details," said PG&E lead scam investigator Matt Foley.

"Remember, PG&E will never ask you for financial information over the phone or for payment via bar code, QR code or pre-paid debit cards or money transfer services like Zelle, and we won't ask to see your bill at your door," he said. 

By the Numbers

In 2025, PG&E received nearly 24,000 reports from customers who were targeted by scammers impersonating PG&E and lost over $301,000 in fraudulent payments with an average loss of $590. By mid-year 2026, customers have already reported over $211,000 in losses to utility scammers, representing a nearly a 30% increase in financial losses by year's end, with an average loss of $969. Unfortunately, that number is likely just the tip of the iceberg for overall scams, as many go unreported.

Small- and medium-sized businesses are also a target, and scammers focus their efforts during busy business hours, preying on business owners' sense of urgency to keep the doors open and the lights on. In 2026, in less than half a year, PG&E has received nearly 656 reports of scam attempts targeting business customers. That's on pace to easily surpass 2025, which saw 846 reports of scammers targeting businesses.

Signs of a potential scam

Threat to disconnect: Scammers may aggressively demand immediate payment for an alleged past due bill. Asking to see your bill: If someone comes to your home and asks to see your bill, they are not with PG&E. Request for immediate payment via prepaid debit card or money transfer service: Scammers may instruct the customer to purchase a prepaid debit card then call them back supposedly to make a bill payment, or they may ask for payment via a money transfer service like Zelle. Refund or rebate offers: Scammers may say that your utility company overbilled you and owes you a refund, or that you are entitled to a rebate, and then ask you for your banking information. How customers can protect themselves

Customers should never purchase a prepaid card to avoid service disconnection or shutoff. PG&E does not specify how customers should make a bill payment and offers a variety of ways to pay a bill, including accepting payments online, by phone, automatic bank draft, mail or in person.

If a scammer threatens immediate disconnection or shutoff of service without prior notification, customers should hang up the phone, delete the email, or shut the door. Customers with delinquent accounts receive an advance disconnection notification, typically by mail and included with their regular monthly bill.

If someone comes to your door claiming to be with PG&E, customers should know that PG&E personnel carry identification and are always prepared to show it upon request. If a customer still has doubts, they can call 800-743-5000 to confirm whether an individual is there on official company business. And remember, if someone asks to see your bill, they are not with PG&E and you should close the door.

As a reminder, PG&E will never send a single notification to a customer within one hour of a service interruption, and we will never ask customers to make payments with a pre-paid debit card, gift card, any form of cryptocurrency, or third-party digital payment mobile applications like Zelle or Venmo.

Signing up for an online account at PGE.com is another safeguard. Not only can customers log in to check their balance and payment history, they can sign up for recurring payments, paperless billing and helpful alerts.

Scammers Impersonating Trusted Phone Numbers: Scammers are now able to create authentic-looking 800 numbers which appear on your phone display. The numbers don't lead back to PG&E if called back, however, so if you have doubts, hang up and call PG&E at 1-833-500-SCAM. If customers ever feel that they are in physical danger, they should call 911.

Customers who suspect that they have been victims of fraud, or who feel threatened during contact with one of these scammers, should contact local law enforcement. The Federal Trade Commission's website is also a good source of information about how to protect personal information.

For more information about scams, visit pge.com/scams or consumer.ftc.gov.    

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

SOURCE Pacific Gas and Electric Company

Procter & Gamble (NYSE:PG | PG Price Prediction) is a stock worth owning for decades because its daily-use brand portfolio, 70th consecutive annual dividend increase, and recession-tested cash engine make it one of the few equities a retirement-focused investor can hold without watching.

I’ve been studying dividend aristocrats for the better part of two decades, and P&G sits in a category most companies will never reach. This is the forever-hold case, built on three pillars: durability, income, and cycle survival.

Pillar 1: Durability That Doesn’t Depend on a Cycle P&G runs five reporting segments spanning Beauty, Grooming, Health Care, Fabric & Home Care, and Baby/Feminine/Family Care, with brands like Tide, Pampers, Gillette, Charmin, Crest, Olay, and Dawn sitting in roughly 70 countries. The latest quarter showed net sales of $21.235 billion, up 7.4% year over year, with broad-based growth across every segment and Beauty leading at 11% revenue growth. These are products that go in shopping carts whether the S&P is at a record or down 30%.

Pillar 2: Income and Compounding The dividend is the centerpiece. P&G has paid one for 136 consecutive years since incorporation in 1890 and raised it for 70 straight years. The current quarterly payout of $1.0885 works out to roughly a 2.85% yield, and management has committed approximately $10 billion in dividends and $5 billion in share repurchases in fiscal 2026. Backing it is $14.606 billion in FY2025 free cash flow and a target of 85% to 90% adjusted free cash flow productivity. At a trailing P/E of 22 with a 31.1% return on equity, you’re paying a fair price for a compounding machine.

Pillar 3: Cycle Survival Seventy straight years of dividend hikes covers every recession, every inflation regime, and every crash since the mid-1950s. Even in a quarter carrying a $400 million after-tax tariff headwind and a $150 million commodity headwind, P&G generated operating cash flow of $4.045 billion and maintained guidance. The stock’s beta of 0.385 tells you how it behaves when markets convulse: it doesn’t.

Where It Underperforms In risk-on bull markets led by high-growth tech and AI, P&G lags. Shares are down 6% over the past year, and management now expects FY26 results toward the lower end of guidance. That’s the trade-off. But tariffs and commodity costs are cyclical inputs. The brand moat, the global distribution, and the $84.284 billion revenue base are structural. CEO Shailesh Jejurikar said the company is “increasing investments to accelerate momentum with consumers despite the challenging geopolitical and economic environment, while still maintaining our guidance ranges for the fiscal year.”

If you’re in your 50s or 60s and want one consumer staple you can buy, reinvest, and stop looking at, P&G fits the buy-and-reinvest profile for investors who want a structural compounder rather than a tactical position.

© trekandshoot / Shutterstock.com

A $1.2 million portfolio generating $7,200 per month produces $86,400 in annual income, equivalent to a blended yield of 7.2%. According to the Social Security Administration’s 2026 COLA fact sheet, the average aged couple receiving Social Security benefits collects about $3,208 per month, or $38,496 per year. That means a portfolio generating $7,200 per month would provide more than twice the income of the average retired couple’s Social Security checks combined. Reaching that level of cash flow is one challenge. The harder question is how to generate a 7.2% yield without gradually eroding the capital that makes the income possible.

The conservative tier: 3% to 4% yield At 3.5%, $86,400 divided by 0.035 is roughly $2,468,571. At 4%, $86,400 divided by 0.04 is $2,160,000. This is the dividend-growth lane.

Johnson & Johnson (NYSE:JNJ | JNJ Price Prediction) currently yields about 2.3% on a $5.20 annualized dividend, and just raised its quarterly payout 3.1% to $1.34, extending a 64-year streak of annual increases. P&G (NYSE:PG) yields 2.9% on a $4.23 annualized dividend, with a 70-year streak behind it. Pair names like these with a broad dividend-growth fund and you typically land in the 3% to 4% band. Capital required is highest. Principal is most likely to appreciate, and the income stream rises with earnings.

The moderate tier: 5% to 7% yield At 6%, $86,400 divided by 0.06 is $1,440,000. At 7.2%, $86,400 divided by 0.072 is $1,200,000, the headline portfolio.

Hitting 7.2% requires blending. A workable mix on $1.2M: 30% covered-call equity income funds (yielding roughly 9% to 11%), 20% REITs (4% to 5%), 20% preferred shares (5% to 6%), 15% BDCs (9% to 11%), and 15% dividend-growth blue chips (3% to 4%). The tradeoffs are real. Covered-call funds cap upside in strong markets, preferreds and REITs rarely grow distributions quickly, and BDC payouts move with credit cycles.

The aggressive tier: 8% to 14% yield At 10%, $86,400 divided by 0.10 is $864,000. At 12%, $86,400 divided by 0.12 is $720,000. Leveraged covered-call funds, mortgage REITs, the high end of the BDC spread, and high-yield bond funds dominate the tier. Capital required is lowest. Distribution cuts are common, NAV erosion is closer to the rule than the exception, and the investor is often spending the asset while collecting the coupon.

Why Income Growth Matters More Than Many Investors Realize A steady $86,400 in annual income may look like the obvious choice at age 60. By age 90, however, inflation can dramatically reduce its purchasing power. At an average inflation rate of 2.5%, a $7,200 monthly income stream would buy the equivalent of roughly $3,950 worth of today’s goods and services three decades later. Inflation is not a minor consideration in a retirement that could last 30 years or more.

Consider the alternative. A $1.2 million portfolio yielding 4% generates $48,000 in annual income today. While that is significantly less than $86,400, many dividend-growth stocks increase their payouts over time. Johnson & Johnson’s annual dividend rose from $3.15 per share in 2016 to a run rate of approximately $5.36 in 2026. Procter & Gamble increased its annual payout from $2.67 to roughly $4.35 over the same period. A portfolio starting with a 4% yield and growing its dividends by 7% to 8% annually can roughly double its income stream within nine years. By about year 12, that lower-yield, faster-growing portfolio may be generating more income than a portfolio yielding 7.2% with little or no growth, while also offering greater potential for capital appreciation.

What a $1.2M saver should do this month Calculate actual annual spending rather than salary. Most pre-retirees targeting $86,400 of replacement income need closer to $60,000 to $70,000 once mortgage payoff and payroll taxes are gone, which can shift the required portfolio by hundreds of thousands. Model a 50/30/20 blend across dividend growth, moderate yield, and aggressive yield. House the BDCs and covered-call funds inside an IRA so the ordinary-income distributions are not taxed at 22% or 24% in your current bracket. Pull a 10-year total-return chart of a 3.5% dividend-growth fund against a 10% high-yield fund. The compounding gap is the part of this decision that no yield table can show.

The Procter & Gamble Company (PG) Presents at The 6th Annual Evercore Consumer & Retail Conference Transcript

Research uncovers strong dental and healthcare education opportunity, with 80% of Americans saying oral care would feel more important if they understood its impact on overall health

CINCINNATI--(BUSINESS WIRE)--P&G, the maker of Crest and Oral-B, and the American Academy of Family Physicians (AAFP) are teaming up to help Americans better understand the connection between oral health and overall health – and the simple daily habits that can support better health outcomes.

A national survey of more than 2,000 Americans*, conducted by Ipsos in partnership with P&G and supported by the AAFP, found that while 76% of Americans say they are motivated to take care of their oral health, only 3% of Americans associate oral health with whole-body health when polled.

The findings highlight that nearly half of Americans (44%) say they have never heard of the connection between oral health and cardiovascular disease, with awareness dropping even further for other conditions including diabetes (55%), respiratory disease (68%), pregnancy complications (67%), and Alzheimer’s disease (77%).

When left untreated, clinical evidence shows plaque bacteria and inflammation can progress beyond the mouth, reinforcing the important connection between oral health and overall wellbeing.

“Americans clearly care about oral health, but many still don’t fully understand how closely it’s connected to overall wellbeing,” said Stephanie Gans, DDS, Senior Scientist and Professional & Scientific Relations Manager for Crest + Oral-B. “At the same time, the survey findings show a real opportunity: 80% of Americans say oral care would feel more important if they better understood its impact on overall health, and 92% say proof would motivate them to improve their routine. We’re helping people understand that simple, everyday habits can play an important role in supporting long-term health.”

Key findings from the national survey include:

AWARENESS GAP: Americans Don’t Fully Understand the Mouth-Body Connection

Nearly half of Americans (44%) have never heard of the connection between oral health and cardiovascular disease Among Gen Z respondents, that number rises to 57% Awareness is even lower for other conditions: Diabetes (55%) Pregnancy complications (67%) Respiratory disease (68%) Alzheimer’s (77%) Only 12% of respondents ranked oral health among their top three health behaviors, far behind exercise (59%) and healthy eating (52%) REALITY CHECK: Oral Care Is Often One of the First Healthy Habits to Slip

Nearly 3 in 4 say holidays or big events have led them to skip or scale back oral care 53% skip brushing at least once a day Some of the biggest disruptors to oral care routines are: tiredness (41%), being sick (40%), routine changes (39%), being busy (36%), and stress (29%) Three times more people track their steps (30%) than oral health symptoms (10%) “The mouth is one of the earliest and most accessible indicators of overall health,” said Dr. Sukirth Ganesan, DDS, PhD, MPH and Director of the Advanced Education Program in Periodontics at the Iowa College of Dentistry and Dental Clinics. “We can catch important health signals earlier, but only if patients and health care providers recognize the signs. Symptoms like bleeding gums can indicate underlying inflammation or infection and are often overlooked. This survey underscores the need for better education, earlier intervention, and stronger collaboration between dental and medical professionals.”

While physicians and dental professionals can help patients understand the importance of oral health, P&G is working to make oral health easier to achieve. A simple routine, focused on brushing twice a day for two minutes with a stannous fluoride toothpaste that provides 24-hour antibacterial protection like Crest Pro-Health and an electric toothbrush with a dentist-inspired round head like the Oral-B iO Series, can help remove more plaque and improve gum health, supporting not just a healthier smile, but overall wellbeing. In fact, the Oral-B iO Series electric toothbrush with its oscillating-rotating brush head and Crest Pro-Health toothpaste together deliver 10x healthier gums** than brushing with a regular toothpaste on a manual toothbrush.

“Too often, care for the mouth and the rest of the body happen independently. When physicians and dental professionals work together, we can improve patients’ understanding of the connection between oral care and whole body health,” said Rebecca Fuller Beeler, PhD, Vice President, Integrated Marketing Communications at the AAFP. “Family physicians can play an important role as the first line of defense against preventable illness and disease by also promoting good oral health during patient visits.”

Together, P&G, Crest, Oral-B and the AAFP hope to encourage Americans to view oral care not simply as part of a daily hygiene routine, but as an essential part of supporting overall health and wellness.

The American Academy of Family Physicians does not endorse The Procter & Gamble Company, Crest, Oral-B, or any other specific company or product.

About Oral-B

Oral-B is the worldwide leader in the over $5 billion brushing market, drawing upon 75+ years of expertise to empower healthier lives for all through better oral care. The brand features a wide variety of products to build a personalized oral care routine for the best clean every time, including manual, battery and electric toothbrushes for children and adults, and interdental products such as dental floss. Oral-B’s iO Series electric toothbrushes feature the latest in brushing technology, with a dentist-inspired round brush head that removes 100% more plaque than regular manual brushes, for cleaner teeth and healthier gums.

About Crest

Since its launch in 1955, Crest has been at the forefront of oral care innovation, empowering healthier smiles for 70 years. Backed by decades of research and trusted by dental professionals, Crest offers a full portfolio of products designed to meet the evolving needs of families and individuals, from cavity protection and enamel strengthening to advanced whitening, gum health, and sensitivity relief. Beyond toothpaste, Crest provides comprehensive oral care solutions, including mouthwash, whitening treatments, and daily regimens that work together to help maximize the benefits of brushing.

About P&G

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®, 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.

*This P&G/Ipsos poll was conducted April 3 – April 14, 2026, by Ipsos using the probability-based KnowledgePanel®. This poll is based on a nationally representative probability sample of 2,052 adults, age 18 or older. The margin of sampling error is plus or minus 2.21 percentage points at the 95% confidence level, for results based on the entire sample of adults. The study was conducted in English. The data for the total sample were weighted to adjust for gender by age, race/ethnicity, education, Census region, metropolitan status, and household income.

**J Dent Res Vol #105(Spec Iss A ):531