Alberta Investment Management Corp Makes New $17.99 Million Investment in Hancock Whitney Corporation $HWC

Alberta Investment Management Corp acquired a new stake in shares of Hancock Whitney Corporation (NASDAQ:HWC - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 240,800 shares of the company's stock, valued at approximately $17,993,000. Alberta Investment Management Corp owned approximately 0.30% of Hancock Whitney at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Dimensional Fund Advisors LP boosted its stake in Hancock Whitney by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,790,954 shares of the company's stock valued at $304,652,000 after buying an additional 21,655 shares in the last quarter. State Street Corp grew its position in Hancock Whitney by 2.9% in the fourth quarter. State Street Corp now owns 4,521,593 shares of the company's stock valued at $287,935,000 after acquiring an additional 126,367 shares during the period. Channing Capital Management LLC acquired a new position in Hancock Whitney during the fourth quarter worth $80,246,000. Goldman Sachs Group Inc. raised its stake in Hancock Whitney by 21.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 920,152 shares of the company's stock worth $58,595,000 after acquiring an additional 162,482 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of Hancock Whitney by 134.3% during the third quarter. UBS Group AG now owns 909,460 shares of the company's stock valued at $56,941,000 after acquiring an additional 521,261 shares during the period. 81.22% of the stock is currently owned by institutional investors.

Key Hancock Whitney News

Here are the key news stories impacting Hancock Whitney this week:

• Positive Sentiment: Long-term earnings remain expected to grow. Zacks Research projects FY2027 EPS of $7.22, compared with $6.42 for FY2026, suggesting continued earnings expansion despite recent revisions. Zacks Research Expects Stronger Earnings for Hancock Whitney
• Positive Sentiment: M&A and higher-rate potential provide bullish catalysts. A Seeking Alpha analysis argued that Hancock Whitney’s rally is supported by possible industry consolidation and the earnings benefits that could result from higher interest rates, although the article’s conclusion was a downgrade. Hancock Whitney: M&A And Higher Rates Justify The Rally (Downgrade)
• Neutral Sentiment: Recent operating performance provides support. Hancock Whitney’s latest reported quarter showed $1.55 in EPS, in line with estimates, while revenue exceeded expectations and increased 6.9% year over year. This helps explain investor confidence, though the results are not from the current news cycle.
• Negative Sentiment: Zacks trimmed multiple EPS forecasts. The firm reduced its estimates for Q3 2026 EPS to $1.62 from $1.63 and FY2026 EPS to $6.42 from $6.45. It also lowered Q4 2026 to $1.73 from $1.75, Q1 2027 to $1.72 from $1.73, Q2 2027 to $1.77 from $1.79, Q3 2027 to $1.83 from $1.84, and FY2027 to $7.22 from $7.24. Zacks maintains a “Hold” rating, indicating limited conviction in additional near-term upside.

Insider Activity

In other Hancock Whitney news, CFO Michael M. Achary sold 22,694 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $76.18, for a total value of $1,728,828.92. Following the transaction, the chief financial officer owned 44,160 shares of the company's stock, valued at approximately $3,364,108.80. This represents a 33.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Christine L. Pickering sold 417 shares of the firm's stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $67.16, for a total value of $28,005.72. Following the transaction, the director owned 25,066 shares in the company, valued at approximately $1,683,432.56. This trade represents a 1.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.92% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Stephens reduced their target price on shares of Hancock Whitney from $86.00 to $85.00 and set an "overweight" rating on the stock in a research note on Wednesday, July 22nd. Raymond James Financial reissued a "strong-buy" rating and set a $87.00 price target on shares of Hancock Whitney in a report on Wednesday, July 22nd. Piper Sandler restated an "overweight" rating and issued a $87.00 price target on shares of Hancock Whitney in a research report on Wednesday, July 22nd. Citigroup reaffirmed a "buy" rating on shares of Hancock Whitney in a research note on Thursday, July 23rd. Finally, Wall Street Zen raised shares of Hancock Whitney from a "sell" rating to a "hold" rating in a report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $83.78.

Hancock Whitney Price Performance

HWC opened at $79.78 on Monday. The company has a fifty day moving average price of $75.09 and a two-hundred day moving average price of $69.85. The firm has a market capitalization of $6.40 billion, a PE ratio of 15.64 and a beta of 0.95. Hancock Whitney Corporation has a 52 week low of $54.05 and a 52 week high of $80.13. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.82 and a current ratio of 0.82.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The company reported $1.55 earnings per share for the quarter, meeting analysts' consensus estimates of $1.55. Hancock Whitney had a return on equity of 11.36% and a net margin of 21.81%.The company had revenue of $403.57 million for the quarter, compared to the consensus estimate of $398.89 million. During the same quarter in the prior year, the business posted $1.37 EPS. The firm's quarterly revenue was up 6.9% on a year-over-year basis. As a group, analysts anticipate that Hancock Whitney Corporation will post 6.44 earnings per share for the current year.

Hancock Whitney Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Friday, September 4th. Hancock Whitney's dividend payout ratio is currently 39.22%.

Hancock Whitney Profile

Hancock Whitney Corporation NASDAQ: HWC is a regional financial services company headquartered in Gulfport, Mississippi. The firm was established in April 2019 through the merger of Hancock Holding Company and Whitney Holding Corporation, each of which traced its roots to the late 19th century. This combination created one of the largest bank holding companies in the Gulf South region, with a network of branches serving both urban and rural communities.

The company's core business activities include commercial banking, retail banking and wealth management services.

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