Huntington Bancshares Incorporated $HBAN is Delta Global Management LP’s 10th Largest Position

Delta Global Management LP boosted its holdings in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 36.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,184,219 shares of the bank’s stock after purchasing an additional 584,043 shares during the quarter. Huntington Bancshares makes up approximately 2.8% of Delta Global Management LP’s portfolio, making the stock its 10th biggest holding. Delta Global Management LP’s holdings in Huntington Bancshares were worth $34,183,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in HBAN. Values First Advisors Inc. grew its position 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 buying an additional 604 shares in the last quarter. MCF Advisors LLC boosted its stake in Huntington Bancshares by 12.6% during the 4th quarter. MCF Advisors LLC now owns 5,438 shares of the bank’s stock valued at $95,000 after acquiring an additional 609 shares during the last quarter. Balboa Wealth Partners grew its holdings in Huntington Bancshares by 2.5% during the 1st quarter. Balboa Wealth Partners now owns 27,042 shares of the bank’s stock worth $423,000 after acquiring an additional 662 shares in the last quarter. Rehmann Capital Advisory Group grew its holdings 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 acquiring an additional 694 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Huntington Bancshares by 0.4% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 189,963 shares of the bank’s stock worth $3,296,000 after purchasing an additional 700 shares during the last quarter. 80.72% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Huntington Bancshares

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.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HBAN. Royal Bank Of Canada upped their target price on shares of Huntington Bancshares from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. The Goldman Sachs Group lowered their price objective on Huntington Bancshares from $21.00 to $20.00 and set a “buy” rating for the company in a report on Monday, April 6th. JPMorgan Chase & Co. upped their price objective on Huntington Bancshares from $18.50 to $19.50 and gave the company an “overweight” rating in a research note on Monday, July 6th. Weiss Ratings raised Huntington Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, July 6th. Finally, Piper Sandler upgraded Huntington Bancshares from a “strong sell” rating to a “hold” rating and set a $18.00 target price for the company in a research report on Thursday, April 23rd. 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 assigned a Sell rating to the stock. According to MarketBeat, Huntington Bancshares presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.14.

Huntington Bancshares Trading Down 0.2%

Huntington Bancshares stock opened at $17.36 on Friday. The firm’s 50-day moving average is $17.12 and its 200-day moving average is $16.93. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.92 and a current ratio of 0.92. Huntington Bancshares Incorporated has a 1 year low of $14.89 and a 1 year high of $19.45. The company has a market cap of $35.19 billion, a P/E ratio of 13.46, a PEG ratio of 0.78 and a beta of 0.93.

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

Huntington Bancshares Announces Dividend

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

Insider Activity at Huntington Bancshares

In other news, Director James D. Rollins III sold 223,522 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $17.35, for a total transaction of $3,878,106.70. Following the sale, the director directly owned 612,155 shares in the company, valued at approximately $10,620,889.25. This represents a 26.75% decrease in their position. The sale 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 the firm’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $18.00, for a total value of $190,224.00. Following the completion of the sale, the executive vice president directly owned 267,859 shares in the company, valued at approximately $4,821,462. This trade represents a 3.80% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have bought 33,500 shares of company stock valued at $617,542 over the last ninety days. Corporate insiders own 0.67% of the company’s stock.

About Huntington Bancshares

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.