Healthcare of Ontario Pension Plan Trust Fund Has $147.07 Million Stock Position in Huntington Bancshares Incorporated $HBAN

Healthcare of Ontario Pension Plan Trust Fund grew its holdings in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) by 24.4% in the 1st quarter, Holdings Channel.com reports. The fund owned 9,397,728 shares of the bank’s stock after purchasing an additional 1,843,765 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Huntington Bancshares were worth $147,074,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Values First Advisors Inc. increased its holdings in Huntington Bancshares by 3.0% in the first 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 during the period. MCF Advisors LLC lifted its holdings in Huntington Bancshares by 12.6% during the 4th quarter. MCF Advisors LLC now owns 5,438 shares of the bank’s stock worth $95,000 after buying an additional 609 shares during the period. Balboa Wealth Partners grew its position in shares of Huntington Bancshares by 2.5% in the 1st quarter. Balboa Wealth Partners now owns 27,042 shares of the bank’s stock valued at $423,000 after buying an additional 662 shares during the last quarter. Rehmann Capital Advisory Group grew its position in shares of Huntington Bancshares by 4.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 16,881 shares of the bank’s stock valued at $292,000 after buying an additional 694 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of Huntington Bancshares by 0.4% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 189,963 shares of the bank’s stock valued at $3,296,000 after buying an additional 700 shares during the period. Institutional investors and hedge funds own 80.72% of the company’s stock.

Huntington Bancshares Stock Down 0.2%

Shares of Huntington Bancshares stock opened at $17.36 on Friday. Huntington Bancshares Incorporated has a one year low of $14.89 and a one year high of $19.45. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.92 and a quick ratio of 0.92. The stock’s 50-day moving average is $17.12 and its 200 day moving average is $16.93. The firm has a market cap of $35.19 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 0.78 and a beta of 0.93.

Huntington Bancshares (NASDAQ:HBAN) last issued its earnings results 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 11.19% and a net margin of 16.64%.The business had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $2.84 billion. During the same period in the previous year, the company posted $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. Equities research analysts anticipate that Huntington Bancshares Incorporated will post 1.62 EPS for the current year.

Huntington Bancshares Dividend Announcement

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

Key Headlines Impacting 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, while revenue came in slightly ahead of expectations. Management also raised FY 2026 EPS guidance to $1.90-$1.93, above consensus, signaling confidence in continued earnings growth. Article Title
• Positive Sentiment: The bank highlighted growth in net interest income, fee income, loans, and deposits, which supports the view that core business trends remain healthy. Article Title
• Positive Sentiment: Huntington also announced a quarterly dividend of $0.155 per share, which may appeal to income-focused investors and reinforces capital return plans.
• Neutral Sentiment: Analysts remain broadly constructive, with consensus calling the stock a “Moderate Buy,” but several firms kept only an “equal weight” view.
• Neutral Sentiment: Morgan Stanley and Stephens both lowered their price targets to $19, while Robert W. Baird raised its target to $21 and kept an outperform rating, leaving the analyst message mixed overall.
• Negative Sentiment: Rising funding costs pressured Q2 margins, and higher expenses and provisions remain a headwind for profitability. Article Title
• Negative Sentiment: The recent pullback in analyst price targets may be limiting upside expectations, even after the earnings report.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on HBAN shares. Robert W. Baird lifted their price objective on Huntington Bancshares from $20.00 to $21.00 and gave the stock an “outperform” rating in a research note on Friday. Wolfe Research decreased their target price on shares of Huntington Bancshares from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, April 1st. Morgan Stanley restated an “equal weight” rating and set a $19.00 price target (down from $21.00) on shares of Huntington Bancshares in a report on Friday. Royal Bank Of Canada boosted their price target on shares of Huntington Bancshares from $20.00 to $21.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Finally, UBS Group upped their price objective 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 given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Huntington Bancshares presently has a consensus rating of “Moderate Buy” and an average target price of $20.14.

Insider Buying and Selling at Huntington Bancshares

In related news, EVP Marcy C. Hingst sold 10,568 shares of the stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $190,224.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 the firm’s stock in a transaction on 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 owned 612,155 shares of the company’s stock, valued at $10,620,889.25. The trade was a 26.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders bought a total of 33,500 shares of company stock valued at $617,542 in the last quarter. 0.67% of the stock is currently owned by company insiders.

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.