Erste Group Bank Has Bearish Forecast for PG FY2026 Earnings

Procter & Gamble Company (The) (NYSE:PG) – Erste Group Bank cut their FY2026 earnings estimates for shares of Procter & Gamble in a research note issued on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings of $6.88 per share for the year, down from their previous forecast of $6.89. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Procter & Gamble’s current full-year earnings is $6.88 per share. Erste Group Bank also issued estimates for Procter & Gamble’s FY2027 earnings at $7.02 EPS.

Other equities analysts also recently issued research reports about the company. Morgan Stanley lowered their price target on Procter & Gamble from $175.00 to $166.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. The Goldman Sachs Group reduced their target price on Procter & Gamble from $159.00 to $155.00 and set a “neutral” rating for the company in a research note on Wednesday, April 8th. Wells Fargo & Company lifted their price target on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, April 27th. BNP Paribas Exane cut their target price on shares of Procter & Gamble from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Finally, Evercore set a $162.00 target price on Procter & Gamble in a report on Monday, April 27th. Twelve equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $161.42.

Procter & Gamble Price Performance

NYSE:PG opened at $151.49 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.73 and a debt-to-equity ratio of 0.44. Procter & Gamble has a 52 week low of $137.62 and a 52 week high of $167.25. The stock’s 50-day moving average price is $146.73 and its 200-day moving average price is $148.53. The stock has a market capitalization of $352.76 billion, a PE ratio of 22.15, a price-to-earnings-growth ratio of 7.21 and a beta of 0.39.

Procter & Gamble (NYSE:PG) last announced its quarterly earnings results on Friday, April 24th. The company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.56 by $0.03. The firm had revenue of $21.23 billion for the quarter, compared to the consensus estimate of $21.52 billion. Procter & Gamble had a net margin of 19.16% and a return on equity of 32.00%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. 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.

Procter & Gamble Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Carson Advisory Inc. boosted its stake in Procter & Gamble by 0.5% during the fourth quarter. Carson Advisory Inc. now owns 12,124 shares of the company’s stock worth $1,738,000 after buying an additional 65 shares during the last quarter. Trilogy Capital Inc. increased its stake in shares of Procter & Gamble by 1.1% in the 4th quarter. Trilogy Capital Inc. now owns 6,289 shares of the company’s stock worth $901,000 after acquiring an additional 67 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in shares of Procter & Gamble by 1.8% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 3,829 shares of the company’s stock worth $549,000 after acquiring an additional 67 shares during the period. Lorne Steinberg Wealth Management Inc. raised its holdings in shares of Procter & Gamble by 2.7% during the 4th quarter. Lorne Steinberg Wealth Management Inc. now owns 2,623 shares of the company’s stock worth $376,000 after acquiring an additional 68 shares during the period. Finally, Grant Street Asset Management Inc. boosted its position in shares of Procter & Gamble by 2.7% during the 4th quarter. Grant Street Asset Management Inc. now owns 2,627 shares of the company’s stock valued at $376,000 after acquiring an additional 69 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Procter & Gamble

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

• Positive Sentiment: JPMorgan reiterated an overweight rating on Procter & Gamble while only slightly lowering its price target to $162 from $164, reinforcing a bullish view that the shares still have upside from current levels.
• Positive Sentiment: Recent commentary suggested PG may still be undervalued based on DCF and earnings-multiple checks, with planned cuts to up to 7,000 non-manufacturing jobs seen as a potential margin and cash-flow tailwind.
• Positive Sentiment: PG has been outperforming the broader market in recent trading, reflecting continued investor preference for stable consumer-staples stocks. Procter & Gamble (PG) Outperforms Broader Market: What You Need to Know
• Neutral Sentiment: Erste Group Bank trimmed its FY2026 and FY2027 EPS estimates only slightly, keeping a Hold rating; the changes were small and largely in line with consensus, so the impact on the stock appears limited.
• Negative Sentiment: UBS warned that consumer-staple companies likely faced another “tricky” quarter, which could imply slower earnings growth and pressure on near-term sentiment for PG and peers. Consumer Staple Companies Likely Saw Another ‘Tricky’ Quarter, UBS Says

Procter & Gamble Company Profile

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.