Huntington Bancshares Incorporated $HBAN Stock Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC decreased its stake in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 10.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Huntington Bancshares during the second quarter valued at about $3,134,426,000. Dimensional Fund Advisors LP lifted its holdings in Huntington Bancshares by 27.2% in the first quarter. Dimensional Fund Advisors LP now owns 23,480,601 shares of the bank’s stock worth $367,388,000 after buying an additional 5,026,894 shares during the period. Amundi lifted its holdings in Huntington Bancshares by 30.7% in the first quarter. Amundi now owns 19,502,547 shares of the bank’s stock worth $305,215,000 after buying an additional 4,578,566 shares during the period. Bank of America Corp DE bought a new stake in Huntington Bancshares during the 2nd quarter valued at approximately $256,772,000. Finally, Bank of New York Mellon Corp bought a new stake in Huntington Bancshares during the 2nd quarter valued at approximately $229,246,000. Institutional investors own 80.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. reduced their target price on Huntington Bancshares from $19.50 to $17.50 and set an “overweight” rating on the stock in a report on Friday, October 2nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $21.00 target price on shares of Huntington Bancshares in a research report on Tuesday, August 18th. Stephens lowered their target price on Huntington Bancshares from $19.00 to $18.00 in a research note on Tuesday, September 22nd. Wells Fargo & Company dropped their price target on Huntington Bancshares from $21.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, DA Davidson reduced their price target on Huntington Bancshares from $22.00 to $20.00 and set a “buy” rating on the stock in a research note on Monday, September 21st. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $19.00.

Huntington Bancshares Price Performance

Shares of NASDAQ:HBAN opened at $15.73 on Friday. The business has a fifty day moving average price of $16.12 and a 200-day moving average price of $16.66. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of $31.78 billion, a PE ratio of 13.00, a PEG ratio of 1.00 and a beta of 0.95. Huntington Bancshares Incorporated has a 1-year low of $14.82 and a 1-year high of $19.45.

Huntington Bancshares (NASDAQ:HBAN) last announced its quarterly earnings results on Thursday, October 22nd. The bank reported $0.38 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter in the previous year, the business posted $0.41 EPS. As a group, equities analysts expect that Huntington Bancshares Incorporated will post 1.54 EPS for the current fiscal year.

Huntington Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Shareholders of record on Friday, December 18th will be paid a dividend of $0.1550 per share. This represents a $0.62 dividend on an annualized basis and a 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 News Summary

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 Transactions at Huntington Bancshares

In other Huntington Bancshares news, insider Kendall Kowalski sold 27,971 shares of Huntington Bancshares stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $17.20, for a total value of $481,101.20. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.67% of the company’s stock.

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.