Procter & Gamble Q3 EPS Beats by $0.09 as Major Investors Shift Stakes

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Procter & Gamble reported Q3 adjusted EPS of $1.99, beating estimates by $0.09, and revenue rose 3.0% to $22.39 billion, surpassing forecasts by $160 million. In the quarter Financial Consulate purchased 8,220 shares valued at $1.26 million, First Pacific Financial added 6,871 shares ($4.54 million) and Bank Pictet trimmed its holding by 11,333 shares to 441,103 shares worth $67.78 million.

1. Institutional Investors Increase Exposure to Procter & Gamble

In the third quarter, Financial Consulate Inc. initiated a position of 8,220 shares in Procter & Gamble, representing an investment of approximately $1.26 million. Other notable shifts include Brighton Jones LLC boosting its stake by 51.5% to 40,068 shares (valued at $6.72 million), Taylor Financial Group Inc. adding 277 shares for a 10.6% gain to reach 2,891 shares ($493,000), Bosun Asset Management LLC increasing its holding by 8.9% to 2,723 shares ($464,000), Quarry LP establishing a new $33,000 position, and Copperleaf Capital LLC entering with $213,000 worth of stock. Collectively, institutional investors now control 65.77% of P&G’s outstanding shares.

2. Insider Transaction Reflects Portfolio Rebalancing

Chief Accounting Officer Matthew W. Janzaruk sold 725 shares on October 30 at an average price of $149.57 per share, realizing proceeds of $108,438.25. Post-sale, Janzaruk’s personal holding stands at 979 shares, valued at roughly $146,429.03, marking a 42.6% reduction in his position. This transaction was disclosed in a Form 4 filing with the SEC.

3. Q1 Fiscal 2026 Results Demonstrate Resilient Profitability

For the quarter ended October 24, Procter & Gamble delivered earnings per share of $1.99, surpassing consensus estimates by $0.09. Revenue rose 3.0% year-over-year to $22.39 billion, outpacing analysts’ expectation of $22.23 billion. The company reported a net margin of 19.74% and a return on equity of 32.63%. Management reiterated full-year EPS guidance in the range of $6.83–7.10, while sell-side forecasts average $6.91 for fiscal 2026.

4. Analyst Ratings Show Moderate Buy Consensus

Thirteen research firms currently rate Procter & Gamble as a Buy, while ten maintain a Hold stance, resulting in a consensus Moderate Buy rating. Recent target adjustments include UBS Group lowering its objective from 180 to 176, Barclays trimming from 153 to 151, JPMorgan Chase & Co. reducing from 165 to 157, and Berenberg Bank raising its projection from 152 to 154. The average consensus price target stands at 171.38.

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