Sentinel Trust Co. LBA Grows Stock Holdings in Huntington Bancshares Incorporated $HBAN

Key Points

• Sentinel Trust Co. LBA boosted its stake by 1,635.9% in Huntington Bancshares during Q4 to 605,045 shares (worth ~$10.50M), making HBAN 1.0% of its portfolio and its 17th largest holding.
• Huntington beat Q1 expectations with adjusted EPS of $0.37 (vs. $0.16 consensus) and the board maintained the quarterly dividend of $0.155/share
• Market sentiment is mixed: analysts' consensus is a "Moderate Buy" with an average target of $20.08 amid several price-target cuts, while insiders sold more than they bought recently and institutional ownership stands at ~80.7%.

Sentinel Trust Co. LBA boosted its stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN - Free Report) by 1,635.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 605,045 shares of the bank's stock after purchasing an additional 570,191 shares during the period. Huntington Bancshares comprises 1.0% of Sentinel Trust Co. LBA's portfolio, making the stock its 17th largest holding. Sentinel Trust Co. LBA's holdings in Huntington Bancshares were worth $10,498,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HBAN. Palisade Asset Management LLC bought a new stake in Huntington Bancshares in the 3rd quarter worth approximately $26,000. South Plains Financial Inc. lifted its holdings in shares of Huntington Bancshares by 116.3% during the 3rd quarter. South Plains Financial Inc. now owns 1,536 shares of the bank's stock valued at $27,000 after buying an additional 826 shares during the period. Accredited Wealth Management LLC lifted its holdings in shares of Huntington Bancshares by 374.5% during the 3rd quarter. Accredited Wealth Management LLC now owns 1,675 shares of the bank's stock valued at $29,000 after buying an additional 1,322 shares during the period. Grey Fox Wealth Advisors LLC purchased a new position in shares of Huntington Bancshares in the 3rd quarter worth $31,000. Finally, AlphaCore Capital LLC purchased a new position in shares of Huntington Bancshares in the 3rd quarter worth $33,000. Hedge funds and other institutional investors own 80.72% of the company's stock.

Huntington Bancshares News Summary

Here are the key news stories impacting Huntington Bancshares this week:

• Positive Sentiment: Q1 results beat expectations: HBAN reported adjusted EPS of $0.37 and revenue roughly in line with estimates, driven by higher net interest income and fee income — a clear near-term earnings positive. Huntington Bancshares Incorporated Reports 2026 First-Quarter Earnings
• Positive Sentiment: Dividend maintained and declared: Board approved a quarterly dividend (0.155/share) supporting yield (~3.8%), which tends to underpin investor confidence in payout sustainability. Huntington Bancshares Maintains Quarterly Common and Preferred Dividends
• Positive Sentiment: Strategic focus on AI led from the CFO — management highlights AI initiatives and digital strategy as drivers of efficiency and growth, a medium-term positive for margins and competitive positioning. At Huntington Bancshares, the CFO is also the AI strategist
• Positive Sentiment: Analyst momentum: Piper upgraded HBAN to Neutral citing increasing positives, which may attract some buyers. Huntington Bancshares upgraded to Neutral at Piper
• Neutral Sentiment: FY2027 guidance in line with consensus: Company set EPS guidance of $1.900–1.930, essentially matching street estimates — removes surprise upside but reduces downside risk from guidance revisions.
• Neutral Sentiment: Shareholder vote reaffirmed board/governance direction at the annual meeting, providing governance stability but limited immediate market impact. Huntington Bancshares Shareholders Reaffirm Board and Governance Direction
• Neutral Sentiment: Short-interest report is effectively zero/garbled for April 24 (data shows 0 shares), so there’s no meaningful short squeeze dynamic to amplify moves today.
• Negative Sentiment: Morgan Stanley trimmed its price target from $21 to $20 (still Overweight) — a downward revision to analyst upside that can pressure the stock and feeds into today’s selling. Morgan Stanley trims price target on Huntington Bancshares to $20 from $21

Insider Buying and Selling at Huntington Bancshares

In other Huntington Bancshares news, VP Brendan A. Lawlor sold 17,455 shares of the company's stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $18.93, for a total value of $330,423.15. Following the completion of the transaction, the vice president directly owned 42,398 shares in the company, valued at $802,594.14. This represents a 29.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Scott D. Kleinman sold 65,530 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $15.28, for a total transaction of $1,001,298.40. Following the completion of the sale, the vice president directly owned 481,676 shares of the company's stock, valued at approximately $7,360,009.28. This trade represents a 11.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have bought 27,700 shares of company stock valued at $540,401 and have sold 98,986 shares valued at $1,600,958. Company insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

HBAN has been the subject of a number of research reports. Evercore reduced their price objective on Huntington Bancshares from $21.00 to $19.00 and set an "outperform" rating for the company in a research report on Monday, April 6th. Argus boosted their price target on Huntington Bancshares from $19.00 to $20.00 and gave the company a "buy" rating in a research note on Wednesday, January 28th. Truist Financial lowered their price objective on shares of Huntington Bancshares from $21.00 to $19.00 and set a "buy" rating on the stock in a research note on Friday, March 13th. Barclays downgraded shares of Huntington Bancshares from a "hold" rating to a "strong sell" rating in a report on Monday, April 20th. Finally, Wolfe Research cut their target price on shares of Huntington Bancshares from $21.00 to $19.00 and set an "outperform" rating for the company in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $20.08.

Huntington Bancshares Stock Performance

NASDAQ:HBAN opened at $16.40 on Monday. The stock has a 50-day simple moving average of $16.31 and a two-hundred day simple moving average of $16.72. Huntington Bancshares Incorporated has a 52-week low of $14.19 and a 52-week high of $19.45. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.92 and a current ratio of 0.93. The firm has a market capitalization of $33.41 billion, a PE ratio of 12.62, a P/E/G ratio of 0.71 and a beta of 0.95.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The bank reported $0.37 EPS for the quarter, topping the consensus estimate of $0.16 by $0.21. Huntington Bancshares had a return on equity of 11.42% and a net margin of 16.63%.The firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.57 billion. During the same quarter last year, the company earned $0.34 earnings per share. Analysts forecast that Huntington Bancshares Incorporated will post 1.61 EPS for the current year.

Huntington Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Wednesday, June 17th will be paid a dividend of $0.155 per share. The ex-dividend date is Wednesday, June 17th. This represents a $0.62 dividend on an annualized basis and a yield of 3.8%. Huntington Bancshares's dividend payout ratio (DPR) is presently 47.69%.

About Huntington Bancshares

Huntington Bancshares Incorporated NASDAQ: HBAN is a bank holding company headquartered in Columbus, Ohio, that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company's operations are centered on retail and commercial banking, and it serves individual consumers, small and middle-market businesses, and institutional customers.

Huntington's product offerings include traditional deposit and lending products, consumer and commercial loans, mortgage origination and servicing, auto financing, and business banking solutions.

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