Strs Ohio Lowers Position in Huntington Bancshares Incorporated $HBAN

Strs Ohio trimmed its position in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 31.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,381,582 shares of the bank’s stock after selling 626,670 shares during the quarter. Strs Ohio owned 0.09% of Huntington Bancshares worth $23,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LifeWealth Investments LLC grew its position in Huntington Bancshares by 2.3% in the 2nd quarter. LifeWealth Investments LLC now owns 28,501 shares of the bank’s stock worth $478,000 after purchasing an additional 632 shares in the last quarter. Parcion Private Wealth LLC boosted its stake in shares of Huntington Bancshares by 6.2% in the 3rd quarter. Parcion Private Wealth LLC now owns 11,081 shares of the bank’s stock worth $191,000 after buying an additional 648 shares during the last quarter. Strategic Planning Inc. grew its holdings in shares of Huntington Bancshares by 0.3% in the third quarter. Strategic Planning Inc. now owns 199,318 shares of the bank’s stock valued at $3,442,000 after acquiring an additional 670 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Huntington Bancshares by 2.6% during the second quarter. Farther Finance Advisors LLC now owns 29,032 shares of the bank’s stock valued at $487,000 after acquiring an additional 731 shares during the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in Huntington Bancshares by 1.0% during the third quarter. Benjamin Edwards Inc. now owns 73,147 shares of the bank’s stock worth $1,263,000 after acquiring an additional 758 shares during the period. Hedge funds and other institutional investors own 80.72% of the company’s stock.

Insider Buying and Selling at Huntington Bancshares

In other news, EVP Marcy C. Hingst sold 12,832 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $18.00, for a total value of $230,976.00. Following the transaction, the executive vice president owned 239,473 shares in the company, valued at approximately $4,310,514. This trade represents a 5.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Helga Houston sold 64,587 shares of the business’s stock in a transaction dated Friday, November 21st. The shares were sold at an average price of $15.38, for a total transaction of $993,348.06. Following the completion of the transaction, the insider owned 534,640 shares in the company, valued at $8,222,763.20. The trade was a 10.78% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 97,863 shares of company stock valued at $1,581,634. 0.89% of the stock is currently owned by corporate insiders.

Huntington Bancshares Trading Down 1.5%

Shares of HBAN opened at $17.38 on Friday. Huntington Bancshares Incorporated has a 1-year low of $11.91 and a 1-year high of $18.91. The company has a market capitalization of $27.36 billion, a P/E ratio of 12.50, a P/E/G ratio of 0.65 and a beta of 0.95. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.93 and a quick ratio of 0.91. The firm’s 50 day simple moving average is $17.28 and its 200 day simple moving average is $16.88.

Huntington Bancshares (NASDAQ:HBAN) last posted its quarterly earnings data on Thursday, January 22nd. The bank reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.03). The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.21 billion. Huntington Bancshares had a net margin of 17.71% and a return on equity of 11.98%. During the same quarter last year, the business posted $0.34 EPS. Sell-side analysts forecast that Huntington Bancshares Incorporated will post 1.39 earnings per share for the current fiscal year.

Huntington Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 18th will be paid a $0.155 dividend. The ex-dividend date of this dividend is Wednesday, March 18th. This represents a $0.62 annualized dividend and a yield of 3.6%. Huntington Bancshares’s dividend payout ratio is currently 44.60%.

Huntington Bancshares News Roundup

Here are the key news stories impacting Huntington Bancshares this week:

• Positive Sentiment: Board keeps quarterly common dividend at $0.155 (annualized yield ~3.5%), signaling capital stability and supporting income investors. PR Newswire: Dividend Declaration
• Positive Sentiment: Morgan Stanley cut its price target to $21 but kept an “overweight” rating — implying ~21% upside from current levels and institutional confidence in longer-term upside. TickerReport: Morgan Stanley PT
• Positive Sentiment: Management emphasizes continued organic and digital growth, including opening branches nearly every two weeks as part of expansion into the South — a growth narrative that can support revenue/margin expansion over time. Fortune: Growth Strategy
• Positive Sentiment: Media and commentator support (e.g., Jim Cramer) highlights confidence in the franchise and long-term prospects, which can help sentiment among retail investors. Yahoo Finance: Jim Cramer
• Neutral Sentiment: Huntington is preparing a debt offering ahead of the Cadence Bank merger — a routine financing step for M&A but one to watch for size/terms that could affect leverage and funding cost. TipRanks: Debt Offering
• Neutral Sentiment: Keefe, Bruyette & Woods trimmed its price target to $19.50 and moved to “market perform” — a modest adjustment that still implies upside but signals more cautious expectations. Benzinga: KBW PT
• Negative Sentiment: Q4 results missed consensus: reported $0.37 EPS vs. ~$0.40 expected, revenue slightly below estimates, and a notable year-over-year rise in expenses/credit provisions — the primary catalyst for intraday weakness. MarketBeat: Q4 Results
• Negative Sentiment: Piper Sandler raised its target to $17 but kept an “underweight” rating, and that stance plus the earnings miss reinforces bearish analyst positioning for near-term performance. MarketScreener: Piper Sandler PT

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Raymond James Financial raised their target price on Huntington Bancshares from $20.00 to $21.00 and gave the company a “strong-buy” rating in a research report on Friday. Keefe, Bruyette & Woods dropped their target price on shares of Huntington Bancshares from $20.00 to $19.50 and set a “market perform” rating on the stock in a research note on Friday. Deutsche Bank Aktiengesellschaft raised their price target on shares of Huntington Bancshares from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, September 30th. Barclays boosted their price target on shares of Huntington Bancshares from $19.00 to $20.00 and gave the company an “equal weight” rating in a research report on Monday, January 5th. Finally, Jefferies Financial Group lifted their price objective on shares of Huntington Bancshares from $20.00 to $22.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $20.05.

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.