Stephens Cuts Huntington Bancshares (NASDAQ:HBAN) Price Target to $19.00

Huntington Bancshares (NASDAQ:HBAN) had its price objective decreased by Stephens from $20.00 to $19.00 in a report released on Friday, MarketBeat reports. Stephens currently has an equal weight rating on the bank’s stock.

Several other equities analysts also recently commented on the stock. Wall Street Zen raised shares of Huntington Bancshares from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. boosted their target price on shares of Huntington Bancshares from $18.50 to $19.50 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Barclays downgraded shares of Huntington Bancshares from a “hold” rating to a “strong sell” rating in a report on Monday, April 20th. Morgan Stanley reiterated an “equal weight” rating and issued a $19.00 price target (down from $21.00) on shares of Huntington Bancshares in a research note on Friday. Finally, Jefferies Financial Group set a $18.00 price objective on Huntington Bancshares in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Huntington Bancshares currently has an average rating of “Moderate Buy” and an average target price of $20.14.

Huntington Bancshares Price Performance

Shares of NASDAQ HBAN opened at $17.36 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 0.63. 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. Huntington Bancshares has a 12 month low of $14.89 and a 12 month high of $19.45. The stock has a 50-day moving average price of $17.12 and a two-hundred day moving average price of $16.93.

Huntington Bancshares (NASDAQ:HBAN) last posted its quarterly earnings results on Thursday, July 23rd. The bank reported $0.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.39. The company had revenue of $2.85 billion for the quarter, compared to the consensus estimate 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 last year, the company posted $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. As a group, analysts forecast that Huntington Bancshares will post 1.62 earnings per share 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. Shareholders of record on Thursday, September 17th will be issued a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Thursday, September 17th. Huntington Bancshares’s payout ratio is presently 48.06%.

Insider Activity at Huntington Bancshares

In other Huntington Bancshares news, EVP Marcy C. Hingst sold 10,568 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $190,224.00. Following the completion of the transaction, the executive vice president directly owned 267,859 shares in the company, valued at approximately $4,821,462. This represents a 3.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James D. Rollins III sold 223,522 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $17.35, for a total transaction of $3,878,106.70. Following the transaction, the director directly owned 612,155 shares of the company’s stock, valued at $10,620,889.25. The trade was a 26.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders acquired 25,029 shares of company stock valued at $464,980. Corporate insiders own 0.67% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. MV Capital Management Inc. bought a new stake in shares of Huntington Bancshares in the 4th quarter valued at about $25,000. Palisade Asset Management LLC bought a new position in shares of Huntington Bancshares during the third quarter worth about $26,000. Centennial Bank AR bought a new position in shares of Huntington Bancshares during the fourth quarter worth about $28,000. Johnson Financial Group Inc. lifted its stake in shares of Huntington Bancshares by 48.8% in the first quarter. Johnson Financial Group Inc. now owns 2,157 shares of the bank’s stock worth $34,000 after acquiring an additional 707 shares during the period. Finally, DV Equities LLC bought a new stake in Huntington Bancshares in the fourth quarter valued at approximately $38,000. 80.72% of the stock is owned by institutional investors and hedge funds.

Huntington Bancshares News Summary

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.