WINTON GROUP Ltd Buys New Stake in Huntington Bancshares Incorporated $HBAN

Key Points

• WINTON GROUP Ltd acquired 204,427 shares of Huntington Bancshares in the second quarter, valued at approximately $3.6 million. Institutional investors collectively own 80.72% of the bank’s stock.
• Huntington reported quarterly EPS of $0.39, matching analyst expectations, while revenue of $2.86 billion slightly exceeded estimates. The company guided to fiscal 2026 EPS of $1.90–$1.93.
• The bank declared a quarterly dividend of $0.155 per share, equivalent to a 3.7% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $20.24, above the reported $16.73 share price.

WINTON GROUP Ltd acquired a new stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 204,427 shares of the bank's stock, valued at approximately $3,624,000.

A number of other hedge funds have also recently bought and sold shares of HBAN. Values First Advisors Inc. boosted its holdings in shares of Huntington Bancshares by 3.0% during the first quarter. Values First Advisors Inc. now owns 20,564 shares of the bank's stock worth $322,000 after purchasing an additional 604 shares during the last quarter. Henrickson Nauta Wealth Advisors Inc. increased its position in shares of Huntington Bancshares by 6.1% in the second quarter. Henrickson Nauta Wealth Advisors Inc. now owns 10,613 shares of the bank's stock worth $190,000 after acquiring an additional 608 shares in the last quarter. MCF Advisors LLC raised its position in Huntington Bancshares by 12.6% in the fourth quarter. MCF Advisors LLC now owns 5,438 shares of the bank's stock valued at $95,000 after purchasing an additional 609 shares during the period. Vestor Capital LLC raised its holdings in shares of Huntington Bancshares by 13.0% during the 1st quarter. Vestor Capital LLC now owns 5,636 shares of the bank's stock valued at $88,000 after buying an additional 648 shares during the period. Finally, Balboa Wealth Partners raised its stake in shares of Huntington Bancshares by 2.5% during the first quarter. Balboa Wealth Partners now owns 27,042 shares of the bank's stock valued at $423,000 after purchasing an additional 662 shares during the period. Institutional investors and hedge funds own 80.72% of the company's stock.

Huntington Bancshares Trading Up 0.6%

NASDAQ HBAN opened at $16.73 on Friday. Huntington Bancshares Incorporated has a twelve month low of $14.89 and a twelve month high of $19.45. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.91 and a current ratio of 0.92. The stock has a market cap of $33.80 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 0.90 and a beta of 0.92. The firm's 50 day moving average price is $17.43 and its two-hundred day moving average price is $16.74.

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

Huntington Bancshares Dividend Announcement

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

Insider Activity at Huntington Bancshares

In other Huntington Bancshares news, insider Kendall A. Kowalski sold 27,971 shares of Huntington Bancshares stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $17.20, for a total transaction of $481,101.20. Following the completion of the sale, the insider owned 70,025 shares of the company's stock, valued at $1,204,430. This trade represents a 28.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Marcy C. Hingst sold 10,568 shares of the business'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 transaction, the executive vice president owned 267,859 shares in the company, valued at approximately $4,821,462. This represents a 3.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.67% of the company's stock.

Analyst Ratings Changes

Several research firms recently commented on HBAN. Royal Bank Of Canada reiterated an "outperform" rating and issued a $21.00 price target on shares of Huntington Bancshares in a research note on Tuesday, August 18th. Robert W. Baird lifted their price target on shares of Huntington Bancshares from $20.00 to $21.00 and gave the company an "outperform" rating in a report on Friday, July 24th. UBS Group upped their price objective on Huntington Bancshares from $21.00 to $22.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. Jefferies Financial Group set a $18.00 price target on shares of Huntington Bancshares in a research note on Thursday, July 23rd. Finally, Bank of America reaffirmed a "neutral" rating and issued a $18.50 price objective (down from $20.00) on shares of Huntington Bancshares in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Huntington Bancshares presently has a consensus rating of "Moderate Buy" and an average price target of $20.24.

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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