Huntington Bancshares (NASDAQ:HBAN) Stock Price Expected to Rise, Piper Sandler Analyst Says

Huntington Bancshares (NASDAQ:HBAN) had its target price lifted by analysts at Piper Sandler from $16.00 to $17.00 in a research note issued on Thursday,MarketScreener reports. The firm currently has an “underweight” rating on the bank’s stock. Piper Sandler’s price target points to a potential downside of 2.16% from the stock’s previous close.

Several other research analysts have also recently issued reports on HBAN. Barclays upped their price objective on Huntington Bancshares from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Monday, January 5th. Deutsche Bank Aktiengesellschaft boosted their target price on Huntington Bancshares from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, September 30th. Keefe, Bruyette & Woods dropped their price target on shares of Huntington Bancshares from $20.00 to $19.50 and set a “market perform” rating on the stock in a research note on Friday. The Goldman Sachs Group reissued a “buy” rating and set a $21.00 price objective on shares of Huntington Bancshares in a report on Tuesday, January 6th. Finally, DA Davidson restated a “buy” rating and issued a $21.00 target price on shares of Huntington Bancshares in a report on Tuesday, October 28th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $20.00.

Huntington Bancshares Trading Down 1.5%

Shares of NASDAQ:HBAN opened at $17.38 on Thursday. Huntington Bancshares has a 52 week low of $11.91 and a 52 week high of $18.91. The company’s 50 day moving average is $17.28 and its two-hundred day moving average is $16.88. The company has a market cap of $27.36 billion, a PE ratio of 12.50, a P/E/G ratio of 0.66 and a beta of 0.95. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.80.

Huntington Bancshares (NASDAQ:HBAN) last released its quarterly earnings data on Thursday, January 22nd. The bank reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.03). The firm had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.21 billion. Huntington Bancshares had a return on equity of 11.98% and a net margin of 17.71%.During the same period last year, the firm posted $0.34 earnings per share. Equities analysts predict that Huntington Bancshares will post 1.39 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Kendall A. Kowalski sold 2,481 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $17.80, for a total transaction of $44,161.80. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Marcy C. Hingst sold 12,832 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $18.00, for a total value of $230,976.00. Following the completion of the transaction, the executive vice president owned 239,473 shares in the company, valued at $4,310,514. This trade represents a 5.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 97,863 shares of company stock valued at $1,581,634 in the last quarter. Corporate insiders own 0.89% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of HBAN. Sunpointe LLC raised its stake in shares of Huntington Bancshares by 101.2% during the fourth quarter. Sunpointe LLC now owns 27,226 shares of the bank’s stock worth $477,000 after purchasing an additional 13,696 shares during the last quarter. State of Alaska Department of Revenue lifted its stake in shares of Huntington Bancshares by 1.7% in the 4th quarter. State of Alaska Department of Revenue now owns 160,494 shares of the bank’s stock worth $2,783,000 after acquiring an additional 2,752 shares during the period. Northland Securities Inc. acquired a new position in shares of Huntington Bancshares during the fourth quarter worth about $317,000. Stanley Laman Group Ltd. raised its holdings in Huntington Bancshares by 0.7% during the fourth quarter. Stanley Laman Group Ltd. now owns 119,810 shares of the bank’s stock worth $2,079,000 after purchasing an additional 878 shares in the last quarter. Finally, Choreo LLC lifted its position in Huntington Bancshares by 4.4% in the fourth quarter. Choreo LLC now owns 36,464 shares of the bank’s stock valued at $644,000 after purchasing an additional 1,539 shares during the period. 80.72% of the stock is currently owned by hedge funds and other institutional investors.

Huntington Bancshares News Roundup

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

• Positive Sentiment: Board keeps quarterly common dividend at $0.155 (annualized yield ~3.5%), signaling capital stability and supporting income investors. PR Newswire: Dividend Declaration
• Positive Sentiment: Morgan Stanley cut its price target to $21 but kept an “overweight” rating — implying ~21% upside from current levels and institutional confidence in longer-term upside. TickerReport: Morgan Stanley PT
• Positive Sentiment: Management emphasizes continued organic and digital growth, including opening branches nearly every two weeks as part of expansion into the South — a growth narrative that can support revenue/margin expansion over time. Fortune: Growth Strategy
• Positive Sentiment: Media and commentator support (e.g., Jim Cramer) highlights confidence in the franchise and long-term prospects, which can help sentiment among retail investors. Yahoo Finance: Jim Cramer
• Neutral Sentiment: Huntington is preparing a debt offering ahead of the Cadence Bank merger — a routine financing step for M&A but one to watch for size/terms that could affect leverage and funding cost. TipRanks: Debt Offering
• Neutral Sentiment: Keefe, Bruyette & Woods trimmed its price target to $19.50 and moved to “market perform” — a modest adjustment that still implies upside but signals more cautious expectations. Benzinga: KBW PT
• Negative Sentiment: Q4 results missed consensus: reported $0.37 EPS vs. ~$0.40 expected, revenue slightly below estimates, and a notable year-over-year rise in expenses/credit provisions — the primary catalyst for intraday weakness. MarketBeat: Q4 Results
• Negative Sentiment: Piper Sandler raised its target to $17 but kept an “underweight” rating, and that stance plus the earnings miss reinforces bearish analyst positioning for near-term performance. MarketScreener: Piper Sandler PT

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.