Huntington Bancshares Incorporated (NASDAQ:HBAN) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Huntington Bancshares, with 15 buy ratings, seven holds, one sell and one strong buy. The average 12-month price target is $20.24, above the reported $16.86 share price.
• Huntington reported quarterly earnings of $0.39 per share, in line with estimates, while revenue of $2.86 billion slightly exceeded expectations. The bank has guided to fiscal 2026 EPS of $1.90–$1.93.
• The company declared a quarterly dividend of $0.155 per share, equivalent to $0.62 annually and a 3.7% yield. Institutional investors own 80.72% of the stock, while recent insider transactions were sales.

Huntington Bancshares Incorporated (NASDAQ:HBAN - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the twenty-four ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $20.2391.

HBAN has been the subject of a number of analyst reports. Jefferies Financial Group set a $18.00 price objective on shares of Huntington Bancshares in a research report on Thursday, July 23rd. Robert W. Baird increased their price target on Huntington Bancshares from $20.00 to $21.00 and gave the company an "outperform" rating in a report on Friday, July 24th. Wells Fargo & Company assumed coverage on Huntington Bancshares in a research note on Monday, August 17th. They set an "overweight" rating and a $23.00 price objective for the company. Bank of America reaffirmed a "neutral" rating and issued a $18.50 target price (down from $20.00) on shares of Huntington Bancshares in a research report on Monday, July 27th. Finally, Weiss Ratings upgraded Huntington Bancshares from a "buy (b-)" rating to a "buy (b)" rating in a research note on Monday, July 6th.

Huntington Bancshares Trading Up 0.8%

HBAN opened at $16.86 on Friday. The firm has a market capitalization of $34.06 billion, a P/E ratio of 13.07, a P/E/G ratio of 0.91 and a beta of 0.92. The firm's 50 day moving average is $17.41 and its 200-day moving average is $16.74. Huntington Bancshares has a 52-week low of $14.89 and a 52-week high of $19.45. The company has a quick ratio of 0.91, a current ratio of 0.92 and a debt-to-equity ratio of 0.63.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last announced its earnings results on Thursday, July 23rd. The bank reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.84 billion. Huntington Bancshares had a net margin of 16.64% and a return on equity of 11.19%. During the same period in the prior year, the firm earned $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. Analysts expect that Huntington Bancshares will post 1.61 EPS for the current fiscal year.

Huntington Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 17th will be paid a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Thursday, September 17th. Huntington Bancshares's dividend payout ratio is 48.06%.

Insider Buying and Selling at Huntington Bancshares

In other Huntington Bancshares news, EVP Marcy Hingst sold 10,568 shares of the firm's stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $190,224.00. Following the completion of the transaction, the executive vice president directly owned 267,859 shares of the company's stock, valued at $4,821,462. This trade represents a 3.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kendall Kowalski sold 27,971 shares of the business's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $17.20, for a total transaction of $481,101.20. Following the completion of the sale, the insider directly owned 70,025 shares of the company's stock, valued at $1,204,430. The trade was a 28.54% decrease in their position. The SEC filing for this sale provides additional information. 0.67% of the stock is owned by company insiders.

Institutional Trading of Huntington Bancshares

Institutional investors and hedge funds have recently bought and sold shares of the company. Tortoise Investment Management LLC bought a new stake in shares of Huntington Bancshares in the 2nd quarter valued at approximately $215,000. Sequoia Financial Advisors LLC lifted its stake in Huntington Bancshares by 12.9% during the second quarter. Sequoia Financial Advisors LLC now owns 638,779 shares of the bank's stock worth $11,326,000 after purchasing an additional 72,920 shares during the last quarter. Tidal Investments LLC boosted its holdings in Huntington Bancshares by 10.8% in the second quarter. Tidal Investments LLC now owns 106,991 shares of the bank's stock worth $1,897,000 after purchasing an additional 10,428 shares during the period. National Pension Service boosted its holdings in Huntington Bancshares by 22.2% in the second quarter. National Pension Service now owns 3,258,691 shares of the bank's stock worth $57,777,000 after purchasing an additional 590,956 shares during the period. Finally, WINTON GROUP Ltd bought a new stake in Huntington Bancshares during the second quarter valued at $3,624,000. Institutional investors and hedge funds own 80.72% of the company's stock.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides banking and financial services to consumers, businesses, institutions and government entities.

The company offers consumer and commercial deposit accounts, lending products, mortgage banking, wealth management, investment services, insurance, payment solutions and treasury management. Its lending activities include residential mortgages, auto loans, consumer credit, small-business financing and commercial loans.

Founded in 1866, Huntington serves customers through branches, digital banking channels and business offices across the Midwest and other selected markets.

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