Huntington National Bank Has $83.16 Million Stake in Procter & Gamble Company (The) $PG

Huntington National Bank decreased its holdings in shares of Procter & Gamble Company (The) (NYSE:PGFree Report) by 10.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 580,245 shares of the company’s stock after selling 70,267 shares during the quarter. Huntington National Bank’s holdings in Procter & Gamble were worth $83,155,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Triodos Investment Management BV increased its stake in shares of Procter & Gamble by 7.3% in the third quarter. Triodos Investment Management BV now owns 255,095 shares of the company’s stock valued at $39,195,000 after buying an additional 17,400 shares during the period. Vanguard Group Inc. increased its stake in shares of Procter & Gamble by 0.6% in the third quarter. Vanguard Group Inc. now owns 234,630,605 shares of the company’s stock valued at $36,050,992,000 after buying an additional 1,419,322 shares during the period. Strengthening Families & Communities LLC increased its stake in shares of Procter & Gamble by 820.6% in the third quarter. Strengthening Families & Communities LLC now owns 14,803 shares of the company’s stock valued at $2,308,000 after buying an additional 13,195 shares during the period. Heritage Wealth Management Inc. increased its stake in shares of Procter & Gamble by 32.7% in the third quarter. Heritage Wealth Management Inc. now owns 150,814 shares of the company’s stock valued at $23,173,000 after buying an additional 37,198 shares during the period. Finally, Gradient Investments LLC increased its stake in shares of Procter & Gamble by 12.8% in the fourth quarter. Gradient Investments LLC now owns 253,089 shares of the company’s stock valued at $36,270,000 after buying an additional 28,777 shares during the period. Institutional investors and hedge funds own 65.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Piper Sandler upped their price objective on Procter & Gamble from $142.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. 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. JPMorgan Chase & Co. lowered their price objective on Procter & Gamble from $165.00 to $162.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Procter & Gamble in a research note on Friday, March 27th. Finally, Wells Fargo & Company increased their target price on shares of Procter & Gamble from $158.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. Eleven analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus target price of $161.06.

Check Out Our Latest Report on PG

Insider Activity

In other Procter & Gamble news, CEO Ma. Fatima Francisco sold 5,549 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $165.29, for a total transaction of $917,194.21. Following the transaction, the chief executive officer directly owned 1,029 shares in the company, valued at approximately $170,083.41. This represents a 84.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.20% of the company’s stock.

Key Stories Impacting Procter & Gamble

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

Procter & Gamble Price Performance

Procter & Gamble stock opened at $147.52 on Thursday. The stock has a market capitalization of $343.52 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 6.13 and a beta of 0.41. Procter & Gamble Company has a 52-week low of $137.62 and a 52-week high of $170.99. The stock’s 50 day moving average price is $144.58 and its two-hundred day moving average price is $147.92. 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 (NYSE:PGGet Free Report) last posted 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 $21.24 billion for the quarter, compared to analysts’ expectations of $21.52 billion. Procter & Gamble had a return on equity of 32.00% and a net margin of 19.16%.The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.54 EPS. Procter & Gamble has set its FY 2026 guidance at 6.830-7.090 EPS. On average, equities analysts predict that Procter & Gamble Company will post 6.91 earnings per share for the current year.

Procter & Gamble Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were issued a dividend of $1.0885 per share. This represents a $4.35 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, April 24th. This is a positive change from Procter & Gamble’s previous quarterly dividend of $1.06. Procter & Gamble’s dividend payout ratio (DPR) is currently 63.60%.

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.

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Institutional Ownership by Quarter for Procter & Gamble (NYSE:PG)

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