1,863,906 Shares of Huntington Bancshares Incorporated $HBAN Acquired by Randolph Co Inc

Randolph Co Inc purchased a new position in shares of Huntington Bancshares Incorporated (NASDAQ:HBAN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,863,906 shares of the bank’s stock, valued at approximately $28,443,000. Huntington Bancshares makes up approximately 2.3% of Randolph Co Inc’s portfolio, making the stock its 21st largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HBAN. Henrickson Nauta Wealth Advisors Inc. grew its position in Huntington Bancshares by 6.1% in the second quarter. Henrickson Nauta Wealth Advisors Inc. now owns 10,613 shares of the bank’s stock valued at $190,000 after acquiring an additional 608 shares in the last quarter. Vestor Capital LLC raised its stake in shares of Huntington Bancshares by 13.0% during the first quarter. Vestor Capital LLC now owns 5,636 shares of the bank’s stock valued at $88,000 after purchasing an additional 648 shares during the period. Rehmann Capital Advisory Group lifted its position in shares of Huntington Bancshares by 5.9% during the second quarter. Rehmann Capital Advisory Group now owns 12,151 shares of the bank’s stock worth $215,000 after purchasing an additional 679 shares in the last quarter. Johnson Financial Group Inc. lifted its position in shares of Huntington Bancshares by 48.8% during the first quarter. Johnson Financial Group Inc. now owns 2,157 shares of the bank’s stock worth $34,000 after purchasing an additional 707 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of Huntington Bancshares by 10.1% during the third quarter. Versant Capital Management Inc now owns 7,693 shares of the bank’s stock worth $117,000 after purchasing an additional 708 shares in the last quarter. 80.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HBAN. Keefe, Bruyette & Woods decreased their target price on shares of Huntington Bancshares from $19.50 to $18.00 and set a “market perform” rating for the company in a research note on Tuesday, October 6th. Jefferies Financial Group lowered their price target on shares of Huntington Bancshares from $18.00 to $17.00 and set a “hold” rating for the company in a report on Thursday, September 24th. Morgan Stanley reaffirmed an “equal weight” rating and set a $19.00 price target (down from $21.00) on shares of Huntington Bancshares in a research note on Friday, July 24th. UBS Group set a $18.00 price objective on shares of Huntington Bancshares in a report on Tuesday, October 6th. Finally, DA Davidson decreased their price objective on shares of Huntington Bancshares from $22.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Huntington Bancshares currently has an average rating of “Moderate Buy” and an average price target of $19.00.

Huntington Bancshares Price Performance

Shares of NASDAQ HBAN opened at $15.73 on Monday. Huntington Bancshares Incorporated has a fifty-two week low of $14.82 and a fifty-two week high of $19.45. The business has a 50 day moving average price of $16.12 and a two-hundred day moving average price of $16.66. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.59. The firm has a market cap of $31.78 billion, a PE ratio of 13.00, a price-to-earnings-growth ratio of 1.00 and a beta of 0.95.

Huntington Bancshares (NASDAQ:HBAN) last announced its earnings results on Thursday, October 22nd. The bank reported $0.38 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.38. The company had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.82 billion. Huntington Bancshares had a return on equity of 10.93% and a net margin of 16.28%. During the same period in the prior year, the company posted $0.41 EPS. Sell-side analysts expect that Huntington Bancshares Incorporated will post 1.54 earnings per share for the current fiscal year.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Friday, December 18th will be given a dividend of $0.1550 per share. The ex-dividend date of this dividend is Friday, December 18th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.9%. Huntington Bancshares’s dividend payout ratio (DPR) is presently 51.24%.

Insider Activity

In related news, insider Kendall Kowalski sold 27,971 shares of Huntington Bancshares stock in a transaction on 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 sale, the insider owned 70,025 shares in the company, 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.

Key Huntington Bancshares News

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

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.