Huntington Bancshares’ (HBAN) Equal Weight Rating Reiterated at Morgan Stanley

Morgan Stanley restated their equal weight rating on shares of Huntington Bancshares (NASDAQ:HBAN) in a research note published on Friday, Marketbeat reports. They currently have a $19.00 target price on the bank’s stock, down from their previous target price of $21.00.

HBAN has been the topic of a number of other reports. Jefferies Financial Group set a $18.00 price objective on shares of Huntington Bancshares in a research note on Thursday. Wolfe Research reduced their price target on shares of Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating on the stock in a report on Wednesday, April 1st. Weiss Ratings upgraded shares of Huntington Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, July 6th. Stephens initiated coverage on shares of Huntington Bancshares in a research note on Monday, June 15th. They set an “equal weight” rating and a $19.00 price objective for the company. Finally, UBS Group lifted their price objective on Huntington Bancshares from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six 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 has a consensus rating of “Moderate Buy” and a consensus target price of $20.14.

Huntington Bancshares Price Performance

HBAN stock opened at $17.36 on Friday. The firm has a 50 day moving average of $17.12 and a 200-day moving average of $16.93. The company has a market cap of $35.19 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 0.78 and a beta of 0.93. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.63. Huntington Bancshares has a 12-month low of $14.89 and a 12-month high of $19.45.

Huntington Bancshares (NASDAQ:HBAN) last released its quarterly earnings results on Thursday, July 23rd. The bank reported $0.39 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.39. Huntington Bancshares had a return on equity of 11.19% and a net margin of 16.64%.The business had revenue of $2.85 billion for the quarter, compared to analysts’ expectations of $2.84 billion. During the same quarter in the prior year, the firm posted $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. As a group, equities analysts expect that Huntington Bancshares will post 1.62 EPS for the current fiscal year.

Huntington Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 17th will be given a dividend of $0.155 per share. The ex-dividend date is Thursday, September 17th. This represents a $0.62 annualized dividend and a yield of 3.6%. Huntington Bancshares’s dividend payout ratio is 48.06%.

Insider Activity

In related news, Director James D. Rollins III sold 223,522 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $17.35, for a total value of $3,878,106.70. Following the completion of the sale, the director directly owned 612,155 shares in the company, valued at approximately $10,620,889.25. The trade was a 26.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Marcy C. Hingst sold 10,568 shares of Huntington Bancshares 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 completion of the transaction, the executive vice president owned 267,859 shares in the company, valued at approximately $4,821,462. This trade represents a 3.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders acquired a total of 25,029 shares of company stock valued at $464,980 in the last 90 days. 0.67% of the stock is owned by company insiders.

Hedge Funds Weigh In On Huntington Bancshares

A number of large investors have recently modified their holdings of HBAN. Values First Advisors Inc. increased its position in Huntington Bancshares by 3.0% during the 1st quarter. Values First Advisors Inc. now owns 20,564 shares of the bank’s stock worth $322,000 after purchasing an additional 604 shares in the last quarter. MCF Advisors LLC increased its position in shares of Huntington Bancshares by 12.6% in the fourth quarter. MCF Advisors LLC now owns 5,438 shares of the bank’s stock worth $95,000 after acquiring an additional 609 shares in the last quarter. Vestor Capital LLC raised its stake in shares of Huntington Bancshares by 13.0% in the 1st quarter. Vestor Capital LLC now owns 5,636 shares of the bank’s stock valued at $88,000 after acquiring an additional 648 shares during the period. Balboa Wealth Partners lifted its holdings in shares of Huntington Bancshares by 2.5% during the 1st quarter. Balboa Wealth Partners now owns 27,042 shares of the bank’s stock valued at $423,000 after acquiring an additional 662 shares in the last quarter. Finally, Rehmann Capital Advisory Group boosted its position in Huntington Bancshares by 4.3% during the 3rd quarter. Rehmann Capital Advisory Group now owns 16,881 shares of the bank’s stock worth $292,000 after purchasing an additional 694 shares during the period. 80.72% of the stock is currently owned by hedge funds and other institutional investors.

More Huntington Bancshares News

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

• Positive Sentiment: HBAN reported Q2 adjusted EPS of $0.39, matching Wall Street estimates, while revenue came in slightly ahead of expectations. Management also raised FY 2026 EPS guidance to $1.90-$1.93, above consensus, signaling confidence in continued earnings growth. Article Title
• Positive Sentiment: The bank highlighted growth in net interest income, fee income, loans, and deposits, which supports the view that core business trends remain healthy. Article Title
• Positive Sentiment: Huntington also announced a quarterly dividend of $0.155 per share, which may appeal to income-focused investors and reinforces capital return plans.
• Neutral Sentiment: Analysts remain broadly constructive, with consensus calling the stock a “Moderate Buy,” but several firms kept only an “equal weight” view.
• Neutral Sentiment: Morgan Stanley and Stephens both lowered their price targets to $19, while Robert W. Baird raised its target to $21 and kept an outperform rating, leaving the analyst message mixed overall.
• Negative Sentiment: Rising funding costs pressured Q2 margins, and higher expenses and provisions remain a headwind for profitability. Article Title
• Negative Sentiment: The recent pullback in analyst price targets may be limiting upside expectations, even after the earnings report.

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.