Huntington Bancshares Incorporated $HBAN Stock: Nisa Investment Advisors LLC Lowers Position

Nisa Investment Advisors LLC lowered its position in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 10.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 331,928 shares of the bank’s stock after selling 37,981 shares during the period. Nisa Investment Advisors LLC’s holdings in Huntington Bancshares were worth $5,117,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in HBAN. Trust Co. of Vermont bought a new stake in Huntington Bancshares in the 2nd quarter worth approximately $29,000. TD Waterhouse Canada Inc. boosted its stake in Huntington Bancshares by 90.7% in the third quarter. TD Waterhouse Canada Inc. now owns 1,682 shares of the bank’s stock worth $26,000 after buying an additional 800 shares in the last quarter. Johnson Financial Group Inc. purchased a new stake in Huntington Bancshares in the second quarter worth approximately $31,000. N.E.W. Advisory Services LLC bought a new position in Huntington Bancshares during the second quarter valued at approximately $35,000. Finally, Keating Financial Advisory Services Inc. bought a new position in Huntington Bancshares during the second quarter valued at approximately $39,000. Institutional investors own 80.72% of the company’s stock.

Key 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

Insider Buying and Selling at Huntington Bancshares

In other news, insider Kendall Kowalski sold 27,971 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $17.20, for a total transaction of $481,101.20. Following the transaction, the insider directly owned 70,025 shares of the company’s stock, valued at approximately $1,204,430. The trade was a 28.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

HBAN has been the topic of several research reports. Truist Financial decreased their price target on shares of Huntington Bancshares from $20.00 to $19.00 and set a “buy” rating on the stock in a research note on Wednesday, September 23rd. Bank of America restated a “neutral” rating and issued a $18.50 price objective (down from $20.00) on shares of Huntington Bancshares in a report on Monday, July 27th. Evercore cut their price objective on shares of Huntington Bancshares from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Friday, September 18th. Keefe, Bruyette & Woods reduced their target price on shares of Huntington Bancshares from $19.50 to $18.00 and set a “market perform” rating on the stock in a report on Tuesday, October 6th. Finally, JPMorgan Chase & Co. decreased their target price on shares of Huntington Bancshares from $19.50 to $17.50 and set an “overweight” rating on the stock in a research report on Friday, October 2nd. 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’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $19.00.

Huntington Bancshares Stock Performance

Shares of NASDAQ:HBAN opened at $15.73 on Friday. The company 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 50-day moving average price of $16.12 and a 200-day moving average price of $16.66. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.59. Huntington Bancshares Incorporated has a 12 month low of $14.82 and a 12 month high of $19.45.

Huntington Bancshares (NASDAQ:HBAN) last posted its earnings results 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 return on equity of 10.93% and a net margin of 16.28%. The company had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.82 billion. During the same period last year, the firm earned $0.41 earnings per share. As a group, equities analysts anticipate that Huntington Bancshares Incorporated will post 1.54 EPS for the current year.

Huntington Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 18th will be given a $0.1550 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, December 18th. Huntington Bancshares’s dividend payout ratio (DPR) is currently 48.06%.

Huntington Bancshares Company 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.