What is Erste Group Bank’s Forecast for PG FY2026 Earnings?

Procter & Gamble Company (The) (NYSE:PG) – Equities research analysts at Erste Group Bank lowered their FY2026 earnings per share estimates for Procter & Gamble in a report released on Tuesday, May 5th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $6.89 for the year, down from their prior estimate of $6.90. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Procter & Gamble’s current full-year earnings is $6.92 per share. Erste Group Bank also issued estimates for Procter & Gamble’s FY2027 earnings at $7.05 EPS.

Procter & Gamble (NYSE:PG) last issued its quarterly earnings results on Friday, April 24th. The company reported $1.59 EPS 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 company had revenue of $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. During the same quarter last year, the business earned $1.54 earnings per share. Procter & Gamble’s revenue was up 7.4% on a year-over-year basis. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS.

Other research analysts have also recently issued research reports about the company. Weiss Ratings restated a “hold (c)” rating on shares of Procter & Gamble in a research report on Friday, March 27th. TD Cowen raised their price objective on Procter & Gamble from $142.00 to $150.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Jefferies Financial Group reduced their price objective on Procter & Gamble from $179.00 to $175.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Dbs Bank raised Procter & Gamble from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Finally, JPMorgan Chase & Co. reduced their price objective on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Eleven analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Procter & Gamble Stock Down 1.1%

Shares of NYSE PG opened at $146.27 on Friday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.53 and a current ratio of 0.73. Procter & Gamble has a 52 week low of $137.62 and a 52 week high of $170.99. The stock has a market capitalization of $340.59 billion, a P/E ratio of 21.38, a PEG ratio of 6.33 and a beta of 0.41. The stock’s fifty day moving average is $148.41 and its 200 day moving average is $148.55.

Procter & Gamble Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be paid a dividend of $1.0885 per share. The ex-dividend date of this dividend is Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. Procter & Gamble’s payout ratio is 63.60%.

Insider Activity

In related news, Chairman Jon R. Moeller sold 162,232 shares of Procter & Gamble stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $162.45, for a total value of $26,354,588.40. Following the transaction, the chairman directly owned 319,385 shares of the company’s stock, valued at $51,884,093.25. The trade was a 33.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary A. Coombe sold 36,093 shares of Procter & Gamble stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $162.33, for a total value of $5,858,976.69. Following the completion of the transaction, the chief executive officer directly owned 34,994 shares in the company, valued at approximately $5,680,576.02. This represents a 50.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 244,715 shares of company stock valued at $39,702,904. 0.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Procter & Gamble

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Triodos Investment Management BV increased its holdings in Procter & Gamble by 7.3% in the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock worth $39,195,000 after purchasing an additional 17,400 shares in the last quarter. Vanguard Group Inc. increased its holdings in Procter & Gamble by 0.6% in the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock worth $36,050,992,000 after purchasing an additional 1,419,322 shares in the last quarter. Strengthening Families & Communities LLC increased its holdings in Procter & Gamble by 820.6% in the third quarter. Strengthening Families & Communities LLC now owns 14,803 shares of the company’s stock worth $2,308,000 after purchasing an additional 13,195 shares in the last quarter. Heritage Wealth Management Inc. increased its holdings in Procter & Gamble by 32.7% in the third quarter. Heritage Wealth Management Inc. now owns 150,814 shares of the company’s stock worth $23,173,000 after purchasing an additional 37,198 shares in the last quarter. Finally, Turtle Creek Wealth Advisors LLC increased its holdings in Procter & Gamble by 21.5% in the third quarter. Turtle Creek Wealth Advisors LLC now owns 84,512 shares of the company’s stock worth $12,985,000 after purchasing an additional 14,954 shares in the last quarter. 65.77% of the stock is owned by institutional investors and hedge funds.

Procter & Gamble News Roundup

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

• Positive Sentiment: P&G is an early customer of Amazon’s new Amazon Supply Chain Services, which could lower logistics costs or improve fulfillment flexibility for large-brand supply chains. This is a potential operational benefit for P&G. Read More.
• Positive Sentiment: PureCycle reported final approvals for two P&G applications and rising recycled-resin economics — a positive for P&G’s sustainability initiatives and potential input-cost advantages as recycled feedstock becomes relatively cheaper. Read More.
• Neutral Sentiment: Brand and product marketing activity (Native limited-edition collections at Walmart/Target and Secret’s partnership for a deodorant launch) keeps shelf momentum and consumer engagement steady but is unlikely to move near-term earnings materially. Read More. Read More. Read More.
• Negative Sentiment: Zacks Research cut multiple quarterly and annual EPS estimates across FY2026–FY2028 (several quarters trimmed), lowering near- and medium-term earnings expectations — a direct negative for sentiment and valuation. Read More.
• Negative Sentiment: Erste Group reduced FY2026–FY2027 EPS estimates and maintains a “Hold” rating, adding to analyst caution around P&G’s earnings trajectory. Read More.
• Negative Sentiment: P&G flagged roughly a $150M hit from supply disruptions tied to the Iran war; management is diversifying and reformulating to blunt impact, but the disclosed charge and ongoing supply uncertainty are near-term negatives for margins. Read More.

About Procter & Gamble

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.