Morgan Stanley Has Lowered Expectations for Huntington Bancshares (NASDAQ:HBAN) Stock Price

Huntington Bancshares (NASDAQ:HBAN) had its price target reduced by stock analysts at Morgan Stanley from $23.00 to $21.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the bank’s stock. Morgan Stanley’s price objective indicates a potential upside of 20.86% from the company’s previous close.

Several other research analysts also recently issued reports on the company. Deutsche Bank Aktiengesellschaft lifted their price target on Huntington Bancshares from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, September 30th. Stephens upped their price target on shares of Huntington Bancshares from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Thursday, December 18th. Evercore ISI began coverage on shares of Huntington Bancshares in a research note on Tuesday, October 21st. They set an “outperform” rating and a $18.00 price objective for the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $21.00 target price on shares of Huntington Bancshares in a research note on Monday, January 12th. Finally, Zacks Research cut Huntington Bancshares from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $20.05.

Huntington Bancshares Trading Down 1.5%

Shares of HBAN opened at $17.38 on Friday. Huntington Bancshares has a twelve month low of $11.91 and a twelve month high of $18.91. The company has a current ratio of 0.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $27.36 billion, a P/E ratio of 12.50, a PEG ratio of 0.65 and a beta of 0.95. The firm’s 50-day moving average is $17.28 and its two-hundred day moving average is $16.88.

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

Insider Activity

In other Huntington Bancshares news, EVP Marcy C. Hingst sold 12,832 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $18.00, for a total transaction of $230,976.00. Following the completion of the sale, the executive vice president directly owned 239,473 shares in the company, valued at $4,310,514. This represents a 5.09% decrease in their ownership of the stock. The sale 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 firm’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 owned 534,640 shares in the company, valued at approximately $8,222,763.20. This trade represents a 10.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 97,863 shares of company stock valued at $1,581,634 in the last 90 days. 0.89% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Huntington Bancshares

Several institutional investors have recently bought and sold shares of HBAN. MTM Investment Management LLC purchased a new position in shares of Huntington Bancshares in the 2nd quarter valued at $25,000. Palisade Asset Management LLC purchased a new position in Huntington Bancshares in the third quarter valued at about $26,000. South Plains Financial Inc. lifted its stake in shares of Huntington Bancshares by 116.3% during the third quarter. South Plains Financial Inc. now owns 1,536 shares of the bank’s stock worth $27,000 after purchasing an additional 826 shares in the last quarter. Accredited Wealth Management LLC boosted its position in shares of Huntington Bancshares by 374.5% in the third quarter. Accredited Wealth Management LLC now owns 1,675 shares of the bank’s stock worth $29,000 after buying an additional 1,322 shares during the period. Finally, Grey Fox Wealth Advisors LLC purchased a new stake in shares of Huntington Bancshares in the third quarter worth about $31,000. 80.72% of the stock is currently owned by hedge funds and other institutional investors.

Huntington Bancshares News Summary

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.