Retirement Stock Portfolio: 10 Consumer Stocks To Buy

3. The Procter & Gamble Company (NYSE:PG)

Dividend Yield: 2.36%

Number of Hedge Fund Holders: 68

The Procter & Gamble Company (NYSE:PG), based in Cincinnati, Ohio, is a global leader in consumer goods. Founded in 1837 by William Procter and James Gamble, the company operates an extensive portfolio of branded products across diverse segments, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.

In its fiscal 2025 first-quarter earnings report, The Procter & Gamble Company (NYSE:PG) missed sales and net income estimates but exceeded expectations for adjusted profit. Sales declined 1% year-over-year to $21.74 billion, falling short of the $21.99 billion consensus estimate, while net income totaled $3.99 billion, down from $4.56 billion the previous year and below the $4.60 billion forecast. However, the company’s adjusted profit, accounting for $800 million in restructuring costs tied to its Argentina and Nigeria operations, reached $4.76 billion, slightly surpassing analysts’ expectations.

On October 23, Truist Securities raised its price target for The Procter & Gamble Company (NYSE:PG) shares to $180 from $175, maintaining a Buy rating. Following the Q1 earnings report, Truist revised its fiscal 2025 sales forecast to $85.785 billion, down from $85.932 billion, while adopting a more positive outlook for fiscal 2026, increasing the projection to $88.967 billion from $88.578 billion. Additionally, the firm raised its Core Earnings Per Share estimates, projecting $6.95 for fiscal 2025, up from $6.87, signaling confidence in Procter & Gamble’s future profitability.