Windsor Advisory Group LLC Takes Position in Huntington Bancshares Incorporated $HBAN

Windsor Advisory Group LLC acquired a new stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 130,151 shares of the bank’s stock, valued at approximately $2,308,000. Huntington Bancshares accounts for approximately 1.7% of Windsor Advisory Group LLC’s portfolio, making the stock its 13th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CIBC Asset Management Inc grew its holdings in Huntington Bancshares by 24.5% during the 4th quarter. CIBC Asset Management Inc now owns 533,005 shares of the bank’s stock valued at $9,248,000 after buying an additional 104,965 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in Huntington Bancshares by 688.9% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 86,478 shares of the bank’s stock worth $1,500,000 after acquiring an additional 75,516 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of Huntington Bancshares by 25.4% during the 4th quarter. Hsbc Holdings PLC now owns 8,161,085 shares of the bank’s stock worth $141,625,000 after acquiring an additional 1,652,464 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Huntington Bancshares by 991.7% during the 1st quarter. International Assets Investment Management LLC now owns 67,588 shares of the bank’s stock worth $1,073,000 after acquiring an additional 61,397 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp bought a new position in shares of Huntington Bancshares during the 2nd quarter valued at approximately $16,579,000. 80.72% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Huntington Bancshares

In related news, EVP Marcy C. Hingst sold 10,568 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $190,224.00. Following the sale, the executive vice president directly owned 267,859 shares of the company’s stock, valued at $4,821,462. This represents a 3.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 dated 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 completion of the sale, the director directly owned 612,155 shares of the company’s stock, valued at approximately $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. In the last quarter, insiders bought 22,000 shares of company stock worth $401,219 and sold 262,061 shares worth $4,549,432. Company insiders own 0.67% of the company’s stock.

Huntington Bancshares Price Performance

Shares of Huntington Bancshares stock opened at $17.04 on Thursday. The stock has a market cap of $34.43 billion, a price-to-earnings ratio of 13.21, a price-to-earnings-growth ratio of 0.80 and a beta of 0.94. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.91 and a current ratio of 0.92. The stock has a 50 day moving average price of $17.59 and a 200-day moving average price of $16.83. Huntington Bancshares Incorporated has a one year low of $14.89 and a one year 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, meeting the consensus estimate of $0.39. The company had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.84 billion. Huntington Bancshares had a return on equity of 11.19% and a net margin of 16.64%.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. Equities analysts expect that Huntington Bancshares Incorporated will post 1.61 EPS for the current year.

Huntington Bancshares Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on HBAN shares. Wall Street Zen upgraded shares of Huntington Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Jefferies Financial Group set a $18.00 price target on shares of Huntington Bancshares in a research note on Thursday, July 23rd. Truist Financial increased their price objective on shares of Huntington Bancshares from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Weiss Ratings raised shares of Huntington Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, July 6th. Finally, Evercore restated an “outperform” rating and issued a $21.00 target price on shares of Huntington Bancshares in a report on Monday, July 6th. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.24.

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.