Huntington Bancshares (NASDAQ:HBAN) Earns Equal Weight Rating from Morgan Stanley

Huntington Bancshares (NASDAQ:HBAN)‘s stock had its “equal weight” rating restated by analysts at Morgan Stanley in a research note issued on Friday,Benzinga reports. They presently have a $19.00 price target on the bank’s stock, down from their prior price target of $21.00. Morgan Stanley’s target price would suggest a potential upside of 9.20% from the company’s current price.

A number of other brokerages also recently issued reports on HBAN. Wolfe Research reduced their price objective on shares of Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 1st. Royal Bank Of Canada raised their target price on shares of Huntington Bancshares from $20.00 to $21.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Jefferies Financial Group set a $18.00 price target on Huntington Bancshares in a research report on Thursday. Evercore reaffirmed an “outperform” rating and issued a $21.00 price objective on shares of Huntington Bancshares in a research report on Monday, July 6th. Finally, UBS Group upped their target price on shares of Huntington Bancshares from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $20.14.

Huntington Bancshares Trading Down 4.8%

Shares of HBAN opened at $17.40 on Friday. The firm has a fifty day simple moving average of $17.09 and a two-hundred day simple moving average of $16.93. Huntington Bancshares has a twelve month low of $14.89 and a twelve month high of $19.45. The stock has a market capitalization of $35.27 billion, a P/E ratio of 13.38, a PEG ratio of 0.82 and a beta of 0.93. 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 (NASDAQ:HBAN) last issued its quarterly earnings data on Thursday, July 23rd. The bank reported $0.39 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.39. Huntington Bancshares had a return on equity of 11.42% and a net margin of 16.63%.The firm had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.84 billion. During the same period last year, the company earned $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. On average, research analysts anticipate that Huntington Bancshares will post 1.62 EPS for the current year.

Insider Buying and Selling at Huntington Bancshares

In other Huntington Bancshares news, EVP Marcy C. Hingst sold 10,568 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction 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 trade represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James D. Rollins III sold 223,522 shares of Huntington Bancshares stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $17.35, for a total value of $3,878,106.70. Following the sale, the director directly owned 612,155 shares in the company, valued at $10,620,889.25. This trade represents a 26.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders purchased a total of 33,500 shares of company stock valued at $617,542 in the last ninety days. 0.67% of the stock is currently owned by insiders.

Institutional Trading of Huntington Bancshares

Large investors have recently made changes to their positions in the business. Values First Advisors Inc. boosted its position in shares of Huntington Bancshares by 3.0% during the 1st quarter. Values First Advisors Inc. now owns 20,564 shares of the bank’s stock valued at $322,000 after purchasing an additional 604 shares in the last quarter. MCF Advisors LLC boosted its holdings in Huntington Bancshares by 12.6% during the fourth quarter. MCF Advisors LLC now owns 5,438 shares of the bank’s stock worth $95,000 after buying an additional 609 shares in the last quarter. Vestor Capital LLC increased its holdings in shares of Huntington Bancshares by 13.0% in the first quarter. Vestor Capital LLC now owns 5,636 shares of the bank’s stock valued at $88,000 after buying an additional 648 shares in the last quarter. Balboa Wealth Partners boosted its stake in shares of Huntington Bancshares by 2.5% during the 1st quarter. Balboa Wealth Partners now owns 27,042 shares of the bank’s stock worth $423,000 after acquiring an additional 662 shares in the last quarter. Finally, Rehmann Capital Advisory Group raised its position in shares of Huntington Bancshares by 4.3% during the third quarter. Rehmann Capital Advisory Group now owns 16,881 shares of the bank’s stock worth $292,000 after purchasing an additional 694 shares during the period. 80.72% of the stock is currently owned by institutional investors.

Trending Headlines about Huntington Bancshares

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

• Positive Sentiment: HBAN reported Q2 adjusted EPS of $0.39, matching Wall Street estimates, with revenue of about $2.85 billion slightly ahead of expectations. Results were supported by higher net interest income, fee income, and growth in loans and deposits. Huntington Bancshares Incorporated Reports 2026 Second-Quarter Earnings
• Positive Sentiment: The bank raised its FY 2026 EPS guidance to $1.90-$1.93, well above the prior consensus estimate, which suggests management is more confident about earnings momentum going forward. HBAN stock information
• Positive Sentiment: Huntington declared a quarterly dividend of $0.155 per share, implying a 3.6% annualized yield, which may appeal to income-focused investors. HBAN dividend information
• Neutral Sentiment: Analysts continue to view HBAN favorably, with consensus rating data showing a “Moderate Buy,” reinforcing a generally constructive outlook rather than a major new catalyst. Huntington Bancshares Receives Consensus Rating of Moderate Buy from Analysts
• Neutral Sentiment: Management noted some pressure from funding costs and a decline in Q2 margin, which tempers the upbeat earnings picture even though the company maintained its broader outlook. Huntington Bancshares posts decline in Q2 margin on funding costs
• Negative Sentiment: Non-core headwinds remain from higher expenses and provisions, suggesting earnings quality could face some pressure if cost growth continues. Huntington Q2 Earnings Match Estimates as NII & Fee Income Rise Y/Y

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.