Huntington Bancshares Incorporated $HBAN Shares Newly Acquired by Randolph Co Inc

Randolph Co Inc acquired a new position in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,863,906 shares of the bank’s stock, valued at approximately $28,443,000. Huntington Bancshares accounts for about 2.3% of Randolph Co Inc’s portfolio, making the stock its 21st largest position. Randolph Co Inc owned 0.09% of Huntington Bancshares as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of HBAN. Citizens Financial Group Inc. RI increased its position in Huntington Bancshares by 44.7% during the third quarter. Citizens Financial Group Inc. RI now owns 39,335 shares of the bank’s stock worth $604,000 after purchasing an additional 12,149 shares during the last quarter. Gibbs Wealth Management raised its stake in Huntington Bancshares by 42.2% during the third quarter. Gibbs Wealth Management now owns 19,205 shares of the bank’s stock worth $293,000 after purchasing an additional 5,695 shares during the period. Yousif Capital Management LLC boosted its holdings in shares of Huntington Bancshares by 1.0% in the 3rd quarter. Yousif Capital Management LLC now owns 199,152 shares of the bank’s stock valued at $3,039,000 after purchasing an additional 2,056 shares during the last quarter. MBL Wealth LLC boosted its holdings in shares of Huntington Bancshares by 62.6% in the 3rd quarter. MBL Wealth LLC now owns 21,689 shares of the bank’s stock valued at $331,000 after purchasing an additional 8,347 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new stake in shares of Huntington Bancshares during the 3rd quarter valued at $99,000. 80.72% of the stock is owned by institutional investors and hedge funds.

More Huntington Bancshares News

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

• Positive Sentiment: Huntington reported third-quarter adjusted earnings of $0.38 per share, matching analyst expectations. Net interest income rose 1% sequentially to $2.069 billion, while the net interest margin improved to 3.25% from 3.21%. Fee income and net interest income also increased year over year. Huntington Q3 Earnings Match Estimates as NII & Fee Income Rise Y/Y
• Positive Sentiment: The board maintained the quarterly common dividend at $0.155 per share, equivalent to $0.62 annually and a yield of approximately 3.9%. The bank also repurchased $100 million of common stock during the quarter, bringing year-to-date repurchases to $409 million. Huntington Bancshares Maintains Quarterly Common Dividend Payout
• Positive Sentiment: Robert W. Baird retained an “outperform” rating, indicating confidence in the shares’ longer-term potential despite lowering its price target from $21 to $19. Robert W. Baird stock recommendations
• Neutral Sentiment: Capital and funding metrics remained solid: the CET1 ratio was 10.1%, average deposits edged higher and the bank continued returning capital to shareholders.
• Negative Sentiment: Quarterly revenue of $2.79 billion fell short of the $2.82 billion consensus and declined from $2.837 billion in the prior quarter. GAAP earnings per share were $0.33, down from $0.41 a year earlier, while average loans and leases decreased 0.4% sequentially.
• Negative Sentiment: Investors remain concerned about rising expenses, worsening credit quality and reduced 2026 guidance. Noninterest income declined 8% sequentially, offsetting some of the benefit from stronger net interest income. Huntington Bancshares falls on sequential decline in Q3 earnings and reduced 2026 guidance

Huntington Bancshares Stock Performance

Shares of HBAN stock opened at $15.73 on Monday. The stock has a market cap of $31.78 billion, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of 1.00 and a beta of 0.95. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.59. Huntington Bancshares Incorporated has a fifty-two week low of $14.82 and a fifty-two week high of $19.45. The firm’s 50 day moving average price is $16.12 and its two-hundred day moving average price is $16.66.

Huntington Bancshares (NASDAQ:HBAN) last released its quarterly earnings data on Thursday, October 22nd. The bank reported $0.38 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.38. Huntington Bancshares had a net margin of 16.28% and a return on equity of 10.93%. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.82 billion. During the same period in the previous year, the firm earned $0.41 earnings per share. On average, analysts anticipate that Huntington Bancshares Incorporated will post 1.54 EPS for the current year.

Huntington Bancshares Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Friday, December 18th will be issued a dividend of $0.1550 per share. The ex-dividend date is Friday, December 18th. This represents a $0.62 annualized dividend and a dividend yield of 3.9%. Huntington Bancshares’s payout ratio is presently 51.24%.

Insider Buying and Selling at Huntington Bancshares

In related news, insider Kendall Kowalski sold 27,971 shares of the company’s 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 directly owned 70,025 shares of the company’s stock, valued at approximately $1,204,430. This represents a 28.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on HBAN. Bank of America reissued a “neutral” rating and set a $18.50 price objective (down from $20.00) on shares of Huntington Bancshares in a research note on Monday, July 27th. JPMorgan Chase & Co. cut their target price on Huntington Bancshares from $19.50 to $17.50 and set an “overweight” rating on the stock in a research report on Friday, October 2nd. Jefferies Financial Group reduced their target price on Huntington Bancshares from $18.00 to $17.00 and set a “hold” rating on the stock in a report on Thursday, September 24th. Wells Fargo & Company lowered their price target on Huntington Bancshares from $21.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Morgan Stanley reissued an “equal weight” rating and set a $19.00 price target (down from $21.00) on shares of Huntington Bancshares in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.00.

Huntington Bancshares 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’s offerings include checking and savings accounts, consumer and residential lending, credit cards, auto finance, mortgages, commercial loans, treasury management, investment and wealth management services, insurance, and other financial solutions.