Q2 EPS Estimates for Hancock Whitney Raised by DA Davidson

Hancock Whitney Corporation (NASDAQ:HWC - Free Report) - Analysts at DA Davidson raised their Q2 2025 earnings per share estimates for shares of Hancock Whitney in a report issued on Friday, June 27th. DA Davidson analyst G. Tenner now expects that the company will post earnings of $1.39 per share for the quarter, up from their prior forecast of $1.37. DA Davidson has a "Buy" rating and a $62.00 price objective on the stock. The consensus estimate for Hancock Whitney's current full-year earnings is $5.53 per share. DA Davidson also issued estimates for Hancock Whitney's FY2025 earnings at $5.73 EPS.

HWC has been the subject of a number of other research reports. Piper Sandler reiterated an "overweight" rating and issued a $70.00 target price (up previously from $68.00) on shares of Hancock Whitney in a report on Wednesday, April 16th. Raymond James Financial reiterated a "strong-buy" rating and issued a $62.00 target price (down previously from $72.00) on shares of Hancock Whitney in a report on Wednesday, April 16th. Wall Street Zen upgraded Hancock Whitney from a "sell" rating to a "hold" rating in a report on Monday, March 3rd. Stephens dropped their target price on Hancock Whitney from $73.00 to $69.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Finally, Keefe, Bruyette & Woods dropped their price objective on Hancock Whitney from $68.00 to $62.00 and set an "outperform" rating for the company in a report on Wednesday, April 16th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Hancock Whitney currently has an average rating of "Moderate Buy" and an average price target of $61.25.

Hancock Whitney Price Performance

Shares of Hancock Whitney stock opened at $57.65 on Monday. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 10.64 and a beta of 1.05. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a 50 day moving average price of $54.46 and a 200-day moving average price of $54.68. Hancock Whitney has a one year low of $43.90 and a one year high of $62.40.

Hancock Whitney (NASDAQ:HWC - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The company reported $1.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.28 by $0.10. Hancock Whitney had a return on equity of 11.43% and a net margin of 23.15%. The business had revenue of $367.50 million for the quarter, compared to the consensus estimate of $368.12 million.

Hedge Funds Weigh In On Hancock Whitney

A number of hedge funds have recently made changes to their positions in the company. Nomura Holdings Inc. acquired a new stake in shares of Hancock Whitney in the 4th quarter worth $624,000. Proficio Capital Partners LLC acquired a new position in shares of Hancock Whitney during the 4th quarter valued at about $1,096,000. Northern Trust Corp grew its holdings in shares of Hancock Whitney by 5.5% in the fourth quarter. Northern Trust Corp now owns 1,265,146 shares of the company's stock valued at $69,229,000 after purchasing an additional 66,074 shares during the period. Vest Financial LLC purchased a new position in Hancock Whitney during the first quarter worth about $763,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Hancock Whitney by 6.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,228,710 shares of the company's stock valued at $67,235,000 after purchasing an additional 73,875 shares during the last quarter. Institutional investors and hedge funds own 81.22% of the company's stock.

Insider Transactions at Hancock Whitney

In other Hancock Whitney news, Director Christine L. Pickering sold 838 shares of the business's stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $48.09, for a total transaction of $40,299.42. Following the sale, the director now owns 23,019 shares in the company, valued at approximately $1,106,983.71. The trade was a 3.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.91% of the company's stock.

Hancock Whitney Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Thursday, June 5th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 3.12%. The ex-dividend date of this dividend was Thursday, June 5th. Hancock Whitney's payout ratio is 33.21%.

About Hancock Whitney

Hancock Whitney Corporation operates as the financial holding company for Hancock Whitney Bank that provides traditional and online banking services to commercial, small business, and retail customers. It offers various transaction and savings deposit products consisting of brokered deposits, time deposits, and money market accounts; treasury management services, secured and unsecured loan products including revolving credit facilities, and letters of credit and similar financial guarantees; and trust and investment management services to retirement plans, corporations, and individuals, and investment advisory and brokerage products.

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