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Huntington National Bank Reduces Stake in Procter & Gamble
Institutional investor lowers position in consumer goods giant by over 35%
Mar. 3, 2026 at 8:31am
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Huntington National Bank has reduced its stake in Procter & Gamble Company (NYSE:PG) by 35.3% in the third quarter, according to the company's recent 13F filing with the Securities and Exchange Commission. Huntington National Bank now owns 650,512 shares of the consumer goods company's stock, valued at $99,951,000 as of the filing.
Why it matters
Procter & Gamble is one of the world's largest consumer goods companies, with a diverse portfolio of household and personal care brands. Changes in institutional ownership can signal shifts in investor sentiment and confidence in the company's performance and future prospects.
The details
Huntington National Bank sold 355,135 shares of Procter & Gamble during the third quarter, reducing its total position to 650,512 shares. The bank cited the company's financial results and market conditions as factors behind the decision to lower its stake. Other hedge funds and institutional investors have also made changes to their P&G holdings in recent quarters.
- Huntington National Bank reduced its stake in Procter & Gamble in the third quarter of 2026.
The players
Huntington National Bank
An American regional bank and financial services company headquartered in Columbus, Ohio.
Procter & Gamble Company (The)
A multinational consumer goods company headquartered in Cincinnati, Ohio, founded in 1837 and known for its diverse portfolio of household and personal care brands.
The takeaway
The reduction in Huntington National Bank's stake in Procter & Gamble reflects broader shifts in institutional investor sentiment around the consumer goods giant. While P&G remains a blue-chip company, this move highlights the need for the firm to continue innovating and adapting to changing market dynamics to maintain the confidence of major shareholders.
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