Munich Reinsurance Co Stock Corp in Munich acquired a new position in Huntington Bancshares Incorporated (NASDAQ:HBAN – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,197,676 shares of the bank’s stock, valued at approximately $73,333,000. Huntington Bancshares accounts for approximately 1.8% of Munich Reinsurance Co Stock Corp in Munich’s portfolio, making the stock its 14th largest holding. Munich Reinsurance Co Stock Corp in Munich owned 0.27% of Huntington Bancshares at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the business. Altrius Capital Management Inc purchased a new stake in shares of Huntington Bancshares in the third quarter worth about $4,894,000. Vanguard Group Inc. lifted its position in shares of Huntington Bancshares by 0.4% in the third quarter. Vanguard Group Inc. now owns 176,980,819 shares of the bank’s stock worth $3,056,459,000 after buying an additional 680,601 shares in the last quarter. Midwest Trust Co lifted its position in shares of Huntington Bancshares by 12.7% in the third quarter. Midwest Trust Co now owns 1,510,977 shares of the bank’s stock worth $26,095,000 after buying an additional 170,240 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Huntington Bancshares in the third quarter worth about $3,746,000. Finally, JPMorgan Chase & Co. lifted its position in shares of Huntington Bancshares by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 9,238,142 shares of the bank’s stock worth $159,543,000 after buying an additional 314,544 shares in the last quarter. Institutional investors own 80.72% of the company’s stock.
Huntington Bancshares Stock Down 2.6%
Shares of NASDAQ:HBAN opened at $16.40 on Friday. Huntington Bancshares Incorporated has a 52-week low of $14.19 and a 52-week high of $19.45. The stock has a market cap of $33.41 billion, a P/E ratio of 12.62, a price-to-earnings-growth ratio of 0.73 and a beta of 0.95. The business’s 50 day moving average is $16.31 and its 200 day moving average is $16.71. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.73.
Huntington Bancshares Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 17th will be paid a $0.155 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $0.62 annualized dividend and a yield of 3.8%. Huntington Bancshares’s dividend payout ratio is 44.60%.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on HBAN shares. Royal Bank Of Canada decreased their price objective on Huntington Bancshares from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. JPMorgan Chase & Co. decreased their price objective on Huntington Bancshares from $21.00 to $19.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. Piper Sandler upgraded Huntington Bancshares from an “underweight” rating to a “neutral” rating and set a $18.00 price objective on the stock in a research report on Thursday. UBS Group set a $21.00 price objective on Huntington Bancshares in a research report on Wednesday, February 4th. Finally, Argus upped their price objective on Huntington Bancshares from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $20.13.
Get Our Latest Research Report on Huntington Bancshares
Key Huntington Bancshares News
Here are the key news stories impacting Huntington Bancshares this week:
- Positive Sentiment: Q1 results beat expectations: HBAN reported adjusted EPS of $0.37 and revenue roughly in line with estimates, driven by higher net interest income and fee income — a clear near-term earnings positive. Huntington Bancshares Incorporated Reports 2026 First-Quarter Earnings
- Positive Sentiment: Dividend maintained and declared: Board approved a quarterly dividend (0.155/share) supporting yield (~3.8%), which tends to underpin investor confidence in payout sustainability. Huntington Bancshares Maintains Quarterly Common and Preferred Dividends
- Positive Sentiment: Strategic focus on AI led from the CFO — management highlights AI initiatives and digital strategy as drivers of efficiency and growth, a medium-term positive for margins and competitive positioning. At Huntington Bancshares, the CFO is also the AI strategist
- Positive Sentiment: Analyst momentum: Piper upgraded HBAN to Neutral citing increasing positives, which may attract some buyers. Huntington Bancshares upgraded to Neutral at Piper
- Neutral Sentiment: FY2027 guidance in line with consensus: Company set EPS guidance of $1.900–1.930, essentially matching street estimates — removes surprise upside but reduces downside risk from guidance revisions.
- Neutral Sentiment: Shareholder vote reaffirmed board/governance direction at the annual meeting, providing governance stability but limited immediate market impact. Huntington Bancshares Shareholders Reaffirm Board and Governance Direction
- Neutral Sentiment: Short-interest report is effectively zero/garbled for April 24 (data shows 0 shares), so there’s no meaningful short squeeze dynamic to amplify moves today.
- Negative Sentiment: Morgan Stanley trimmed its price target from $21 to $20 (still Overweight) — a downward revision to analyst upside that can pressure the stock and feeds into today’s selling. Morgan Stanley trims price target on Huntington Bancshares to $20 from $21
Insider Buying and Selling at Huntington Bancshares
In other Huntington Bancshares news, insider Prashant Nateri sold 10,171 shares of the stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $15.50, for a total transaction of $157,650.50. Following the sale, the insider owned 83,819 shares of the company’s stock, valued at approximately $1,299,194.50. This trade represents a 10.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James D. Rollins III bought 1,127 shares of the company’s stock in a transaction on Monday, March 9th. The shares were bought at an average cost of $25.39 per share, for a total transaction of $28,614.53. Following the transaction, the director directly owned 4,000 shares in the company, valued at approximately $101,560. This represents a 39.23% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have purchased 27,700 shares of company stock worth $540,401 and have sold 98,986 shares worth $1,600,958. Insiders own 0.67% of the company’s stock.
Huntington Bancshares 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.
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