Jefferies Financial Group Issues Positive Forecast for Huntington Bancshares (NASDAQ:HBAN) Stock Price

Huntington Bancshares (NASDAQ:HBAN) had its target price lifted by Jefferies Financial Group from $20.00 to $22.00 in a research note published on Friday morning,MarketScreener reports. Jefferies Financial Group currently has a buy rating on the bank’s stock.

Several other equities research analysts have also recently issued reports on HBAN. TD Cowen boosted their price target on Huntington Bancshares from $22.00 to $23.00 and gave the company a “buy” rating in a research note on Tuesday, October 28th. Wall Street Zen downgraded Huntington Bancshares from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Truist Financial upped their target price on Huntington Bancshares from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Piper Sandler raised their price target on Huntington Bancshares from $15.00 to $16.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on shares of Huntington Bancshares from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Tuesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Huntington Bancshares presently has an average rating of “Moderate Buy” and an average price target of $19.92.

Huntington Bancshares Stock Performance

Shares of NASDAQ HBAN opened at $17.69 on Friday. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.92 and a quick ratio of 0.91. The firm has a market cap of $25.82 billion, a price-to-earnings ratio of 12.37, a P/E/G ratio of 0.66 and a beta of 0.96. The stock’s fifty day moving average price is $16.20 and its two-hundred day moving average price is $16.62. Huntington Bancshares has a one year low of $11.91 and a one year high of $18.03.

Huntington Bancshares (NASDAQ:HBAN) last issued its quarterly earnings data on Monday, December 1st. The bank reported $0.67 earnings per share for the quarter. Huntington Bancshares had a net margin of 18.06% and a return on equity of 12.14%. The business had revenue of $580.00 million during the quarter. On average, equities analysts forecast that Huntington Bancshares will post 1.39 EPS for the current year.

Huntington Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Thursday, December 18th will be given a $0.155 dividend. The ex-dividend date is Thursday, December 18th. This represents a $0.62 dividend on an annualized basis and a yield of 3.5%. Huntington Bancshares’s dividend payout ratio (DPR) is currently 43.36%.

Insider Activity at Huntington Bancshares

In related news, insider Kendall A. Kowalski sold 2,481 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $17.80, for a total transaction of $44,161.80. Following the sale, the insider owned 71,566 shares of the company’s stock, valued at $1,273,874.80. This trade represents a 3.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Helga Houston sold 64,587 shares of the company’s stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $15.38, for a total value of $993,348.06. Following the completion of the transaction, the insider directly owned 534,640 shares of the company’s stock, valued at approximately $8,222,763.20. The trade was a 10.78% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 87,863 shares of company stock worth $1,396,634. Corporate insiders own 0.89% of the company’s stock.

Institutional Trading of Huntington Bancshares

A number of hedge funds have recently made changes to their positions in the company. Cresset Asset Management LLC raised its holdings in Huntington Bancshares by 5.6% in the 1st quarter. Cresset Asset Management LLC now owns 43,159 shares of the bank’s stock valued at $654,000 after buying an additional 2,286 shares during the last quarter. Korea Investment CORP grew its holdings in Huntington Bancshares by 0.4% during the 1st quarter. Korea Investment CORP now owns 686,498 shares of the bank’s stock worth $10,304,000 after acquiring an additional 2,974 shares during the last quarter. Wellington Management Group LLP increased its position in Huntington Bancshares by 10.9% in the 1st quarter. Wellington Management Group LLP now owns 909,641 shares of the bank’s stock valued at $13,654,000 after acquiring an additional 89,322 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of Huntington Bancshares by 3.0% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 34,636 shares of the bank’s stock valued at $520,000 after acquiring an additional 1,017 shares during the last quarter. Finally, Summit Financial LLC raised its stake in shares of Huntington Bancshares by 51.5% during the first quarter. Summit Financial LLC now owns 23,540 shares of the bank’s stock valued at $353,000 after acquiring an additional 8,002 shares during the last quarter. 80.72% of the stock is owned by institutional investors and hedge funds.

Huntington Bancshares News Roundup

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

• Positive Sentiment: Jefferies raised its price target to $22 (from $20) and keeps a “buy” rating — implying ~24.5% upside from the current price; this is the most bullish analyst action and likely the biggest near-term driver of demand. Jefferies adjusts price target to $22 TickerReport: Jefferies note
• Positive Sentiment: RBC raised its price target to $20 (from $19) and maintains an “outperform” rating — roughly ~13% upside; another credible bank upgrade supporting the move. Benzinga RBC raises price target to $20 The Fly: RBC note
• Positive Sentiment: Stephens lifted its target to $20 (from $19) and keeps an “equal weight” rating — another upward revision that consolidates analyst optimism around HBAN. Stephens raises price target to $20
• Positive Sentiment: Unusually large options activity — ~97,130 calls traded (≈2,098% above average) — suggests aggressive bullish positioning or hedging ahead of catalysts, which can amplify intraday moves. (source: trade data)
• Positive Sentiment: Earnings preview coverage indicates analysts expect a significant double‑digit jump in Q4 earnings; a strong print would validate upgrades and could push the stock higher. Barchart earnings preview
• Positive Sentiment: MarketBeat highlighted HBAN as a sub-$20 dividend stock (yield ~3.5%) with a consensus price target near $19.6, reinforcing interest from income-minded investors. MarketBeat dividend feature
• Neutral Sentiment: Head‑to‑head survey with United Bancorp was published; useful for peer comparisons but unlikely to be a major catalyst. American Banking News survey
• Neutral Sentiment: Capstone Partners’ middle‑market survey provides macro/context on business sentiment — relevant to regional banking exposure but not a direct HBAN-specific driver. PR Newswire: Capstone survey

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.