Strs Ohio Reduces Stock Holdings in Huntington Bancshares Incorporated $HBAN

Strs Ohio reduced its stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 31.2% during the third quarter, Holdings Channel reports. The firm owned 1,381,582 shares of the bank’s stock after selling 626,670 shares during the quarter. Strs Ohio’s holdings in Huntington Bancshares were worth $23,860,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of HBAN. MTM Investment Management LLC purchased a new stake in Huntington Bancshares in the second quarter worth about $25,000. Catalyst Capital Advisors LLC purchased a new position in shares of Huntington Bancshares in the 2nd quarter valued at approximately $30,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of Huntington Bancshares during the third quarter valued at approximately $31,000. First Horizon Corp purchased a new stake in Huntington Bancshares in the third quarter worth $36,000. Finally, Root Financial Partners LLC bought a new position in Huntington Bancshares in the third quarter worth $44,000. 80.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HBAN. Wall Street Zen cut shares of Huntington Bancshares from a “hold” rating to a “sell” rating in a report on Saturday, November 15th. Morgan Stanley dropped their price objective on shares of Huntington Bancshares from $23.00 to $21.00 and set an “overweight” rating on the stock in a research note on Friday. The Goldman Sachs Group restated a “buy” rating and issued a $21.00 price objective on shares of Huntington Bancshares in a report on Tuesday, January 6th. Barclays lifted their target price on shares of Huntington Bancshares from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Monday, January 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Huntington Bancshares in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Huntington Bancshares has a consensus rating of “Moderate Buy” and an average price target of $20.05.

Huntington Bancshares Trading Down 1.5%

NASDAQ:HBAN opened at $17.38 on Friday. The stock has a market cap of $27.36 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 0.65 and a beta of 0.95. The company has a quick ratio of 0.91, a current ratio of 0.93 and a debt-to-equity ratio of 0.80. The company’s 50 day moving average price is $17.28 and its 200-day moving average price is $16.88. Huntington Bancshares Incorporated has a 52 week low of $11.91 and a 52 week high of $18.91.

Huntington Bancshares (NASDAQ:HBAN) last released its quarterly earnings data on Thursday, January 22nd. The bank reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.03). Huntington Bancshares had a net margin of 17.71% and a return on equity of 11.98%. The business had revenue of $2.19 billion during the quarter, compared to the consensus estimate of $2.21 billion. During the same period last year, the company posted $0.34 earnings per share. On average, equities research analysts forecast that Huntington Bancshares Incorporated will post 1.39 earnings per share for the current fiscal year.

Huntington Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Wednesday, March 18th will be given a dividend of $0.155 per share. The ex-dividend date of this dividend is Wednesday, March 18th. This represents a $0.62 annualized dividend and a dividend yield of 3.6%. Huntington Bancshares’s dividend payout ratio (DPR) is 44.60%.

Insiders Place Their Bets

In other Huntington Bancshares news, insider Kendall A. Kowalski sold 2,481 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $17.80, for a total value of $44,161.80. Following the completion of the transaction, the insider owned 71,566 shares of the company’s stock, valued at approximately $1,273,874.80. The trade was a 3.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John C. Inglis purchased 6,506 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were bought at an average cost of $15.30 per share, for a total transaction of $99,541.80. Following the acquisition, the director owned 89,831 shares in the company, valued at approximately $1,374,414.30. The trade was a 7.81% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 97,863 shares of company stock worth $1,581,634 in the last quarter. Insiders own 0.89% of the company’s stock.

Key Huntington Bancshares News

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

• Positive Sentiment: Board keeps quarterly common dividend at $0.155 (annualized yield ~3.5%), signaling capital stability and supporting income investors. PR Newswire: Dividend Declaration
• Positive Sentiment: Morgan Stanley cut its price target to $21 but kept an “overweight” rating — implying ~21% upside from current levels and institutional confidence in longer-term upside. TickerReport: Morgan Stanley PT
• Positive Sentiment: Management emphasizes continued organic and digital growth, including opening branches nearly every two weeks as part of expansion into the South — a growth narrative that can support revenue/margin expansion over time. Fortune: Growth Strategy
• Positive Sentiment: Media and commentator support (e.g., Jim Cramer) highlights confidence in the franchise and long-term prospects, which can help sentiment among retail investors. Yahoo Finance: Jim Cramer
• Neutral Sentiment: Huntington is preparing a debt offering ahead of the Cadence Bank merger — a routine financing step for M&A but one to watch for size/terms that could affect leverage and funding cost. TipRanks: Debt Offering
• Neutral Sentiment: Keefe, Bruyette & Woods trimmed its price target to $19.50 and moved to “market perform” — a modest adjustment that still implies upside but signals more cautious expectations. Benzinga: KBW PT
• Negative Sentiment: Q4 results missed consensus: reported $0.37 EPS vs. ~$0.40 expected, revenue slightly below estimates, and a notable year-over-year rise in expenses/credit provisions — the primary catalyst for intraday weakness. MarketBeat: Q4 Results
• Negative Sentiment: Piper Sandler raised its target to $17 but kept an “underweight” rating, and that stance plus the earnings miss reinforces bearish analyst positioning for near-term performance. MarketScreener: Piper Sandler PT

Huntington Bancshares Company Profile

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.